Maitri Maniya
KF Mentor
I have an Axis Ace credit card which offers the first year free. The second-year annual fee is waived if you spend ₹2 lakh in a year. Unfortunately, I was only able to spend ₹1,60,000. I contacted customer care, and they informed me that the annual fee will be charged on September 25th, the statement generation date.
To avoid paying the fee, should I close the card on September 24th or in the month of August?
To avoid paying the fee, should I close the card on September 24th or in the month of August?
