An annual fee waiver is when the card issuer cancels your annual fees on your credit card. Most credit cards that have an annual fee typically waive it during the first year or two of card ownership. However, you may need to pay the annual fee to claim a high-value welcome offer like luggage.
Annual fee waivers are up to the card issuer's discretion, and there are instances where they are more likely to grant it than others. Generally, if you charge a certain amount to your card every year, you have a better chance of getting the annual fee waived than if your card is barely used. Call your card issuer to find out what you need to do to get the fee waived.