What is Waive on Milestone?

An annual fee waiver earned by a cardholder upon reaching a specific spending milestone — either in a single transaction or cumulatively over a period — such as ₹1 lakh in a month or ₹10 lakh annually.

Glossary term

Waive on Milestone

Jiyan Kazi

waive is a credit card term. It is used in India. Check your card terms for details. See also: Finance Glossary · Reward Calculator

Waive on Express
An annual fee waiver granted on a credit card specifically for customers who apply through an issuer's express or digital channel, often as a limited-time promotional offer.
Waive Threshold
The minimum annual spend or relationship value that a cardholder must meet in a given period for the issuer to waive the card's annual fee for that year.

About the author

Jiyan Kazi

GST Expert @ FinWiz24

Having 5+ Years of Experience in The Field

Jiyan Kazi covers cashback cards, fuel-credit cards, dining-rewards programmes, and everyday spend categories at FinWiz24. She builds detailed spend-model calculators that show how different cards perform under realistic Indian household budgets — accounting for the mix of online/offline spending, fuel usage, and restaurant bills that characterise each reader's profile. Jiyan's analysis of cashback-claim processes, rebate delays, and reward-expiry policies has exposed common pitfalls that cost consumers thousands annually. She tracks issuer promotions (bonus-cashback months, accelerated-earning periods) and helps readers time their applications for maximum initial-benefit capture.

Share: X (Twitter) LinkedIn WhatsApp

← All terms

Related terms