Annual fee vs. rewards — worth it?
Anita Maharjan, Credit Card & Rewards Expert — free, no pressure, no obligation to apply.
Helped 290+ people pick the right card8 cards found
Know Before You Apply
What actually matters on a credit card
The card with the flashiest rewards isn't always the cheapest one to actually own.
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Annual fee vs. rewardsA high reward rate only pays off if you spend enough to outweigh the annual fee.
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Interest rate, if you carry a balanceRewards stop mattering fast once monthly interest starts compounding on an unpaid balance.
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Credit limit rangeYour actual limit depends on income and credit history — the advertised max is a ceiling, not a guarantee.
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Lounge access & perksGenuinely valuable if you travel often — otherwise it's a cost baked into a higher annual fee.
Common questions
From people choosing a credit card in Nepal.
Is there a minimum income requirement for a credit card?
Most banks require a minimum monthly income, usually starting around NPR 25,000–50,000 depending on the card tier.
What happens if I miss a credit card payment?
You’ll be charged a late payment fee and interest on the outstanding balance, and repeated missed payments can affect your CIB credit record.
Can I upgrade or downgrade my credit card later?
Yes, most banks let you upgrade or downgrade after a few months of account history, subject to eligibility.
How is the credit limit decided?
Banks assess your income, existing debts, and credit history to set a limit that fits your repayment capacity.
Are there any charges for using the card abroad?
Most cards apply a foreign currency markup (typically 2–3.5%) on international transactions — check your specific card’s terms.