What is Fuel Surcharge Waiver on Credit Card?
Fuel surcharge waiver, as the name suggests, is a benefit extended by credit card issuers to the customers where upon using a particular credit card for fuel refilling, you can get a waiver on the surcharge payable.
In simple terms, when you fuel up, you have to pay the cost of the fuel + surcharge on it which is usually about 1%-2.5%. This cost can be saved up with the fuel surcharge waiver feature of credit cards.
Customers who frequently fuel up their vehicles can seek benefits out of this feature. Please note, the waiver is only on the surcharge and not the GST payable on this surcharge.
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