DCB Renewal Fee calculation for DCB Metal

[adarshchand18]

Folks, I got my DCB Metal FYF last year mid-November i.e. the first CC statement I received was in Mid of December. I believe the FYF criteria is to spend 1.5L within 90 days of issuance of card, I did a little over 2L so all good there.

Now, the renewal fee thing is about to kick in, so far I've spent around 7.2L on this CC. And I'm not able to understand if the renewal fee waiver is calculated based on previous year spends or the upcoming year, can someone please help me understand?

First CC Statement: Dec-2023
Renewal Should be in the Nov-2024 Statement. Do they waive off renewal based on spends from Dec-23 to Nov-24, or will they waive it off after waiting for a year i.e. Dec-24 to Nov-25?

If waiver is based on upcoming year's expenses, I won't bother to push 80K expenditure on this card in this cycle to hit 8L mark. If it is based on previous year, I'll re-direct all my expenses onto this card.

 

[kvndsz512]

Folks, I got my DCB Metal FYF last year mid-November i.e. the first CC statement I received was in Mid of December. I believe the FYF criteria is to spend 1.5L within 90 days of issuance of card, I did a little over 2L so all good there.

Now, the renewal fee thing is about to kick in, so far I've spent around 7.2L on this CC. And I'm not able to understand if the renewal fee waiver is calculated based on previous year spends or the upcoming year, can someone please help me understand?

First CC Statement: Dec-2023
Renewal Should be in the Nov-2024 Statement. Do they waive off renewal based on spends from Dec-23 to Nov-24, or will they waive it off after waiting for a year i.e. Dec-24 to Nov-25?

If waiver is based on upcoming year's expenses, I won't bother to push 80K expenditure on this card in this cycle to hit 8L mark. If it is based on previous year, I'll re-direct all my expenses onto this card.

based on previous yr bro ... spend the remaining 80k if u can to get waiver else u will be surely charged

for all cards its like this only.. whatever spends u make in previous card anniversary yr matters .. and this card anniversary yr depends on when u got the card and not when the first statement came.

 

[adarshchand18]

@kvndsz512 Oh dang okay! I got the card eh, mid of November, so I'm guessing I need to spend before that, thanks bro!

 

[kvndsz512]

@kvndsz512 Oh dang okay! I got the card eh, mid of November, so I'm guessing I need to spend before that, thanks bro!

yes np if ur satisfied with the ans plz mark it as a solution ty 😄