If you miss your credit card minimum monthly payment by the due date, you may be charged a late fee up to $15. If your balance is less than $15, the late fee will not exceed your balance.
How to Avoid Missing Payments
To prevent late fees, consider setting up automatic payments (Auto Pay).
- Auto Pay ensures your payments are made on time.
- Staying consistent with payments helps you build and maintain your credit.
Important Note About Auto Pay
If you are enrolled in automatic recurring payments and one of your payments is returned (ex. due to insufficient funds), your automatic payments may be canceled going forward.
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