First year annual fee waiver is a targeted offer.
Receive 100,000 bonus Velocity Points plus First Year Free (the annual fee of $375 will be credited back to you in the first year)
when you apply online by 21 March 2022, are approved, and spend $3,000 on your new Card within the first 3 months. Available to new Card Members only.1
Where does it mention the credited annual fee?