Maria Adams, Credit Cards Moderator
@m_adams
The American Express credit card late fee is up to $40. The fee applies when cardholders don’t make the minimum payment by the due date. Thanks to the CARD Act of 2009, the American Express late fee can never exceed the minimum payment amount.
If you accidentally pay less than the minimum required payment or you miss your American Express credit card due date entirely, you can always ask customer service to waive the late fee by calling (800) 528-4800. This is much more likely to work if you have a great payment history with American Express, but even if not, there’s no harm in asking.
To avoid getting hit with late fees in the future, make sure to pay at least your minimum required payment each month. The best way to ensure that you never miss a payment is by setting up autopay.
2023's Best American Express Credit Cards
Compare CardsPeople also ask
How much is the Amex Platinum minimum payment?
The American Express Platinum card minimum payment will be the sum of any payment plan due and your Pay In Full New Balance. Any balance not included in your payment plans will be due in full.
One of the most common American Express Platinum card payment plans is the Pay Over Time plan, which allows cardholders to pay eligible charges over time, with interest. You can choose to pay your Pay Over Time balance in full each month, the minimum payment due,...
read full answerHow much are American Express foreign transaction fees?
The American Express foreign transaction fees are 2.7% of all international transactions or 0%, depending on the card. There are plenty of American Express cards with no foreign transaction fees. Those cards tend to be the best options for travel.
If you’re unfamiliar with foreign transaction fees, they’re a surcharge for using a credit card with a foreign merchant. Credit cards with foreign fees usually charge 1%-3% of the purchase price. That can really add up, especially since Amex’s 2.7% foreign fee is on...
read full answerWhat is the American Express penalty APR?
The American Express penalty APR is up to 29.99%. You can check the penalty APR for your specific American Express card by consulting your cardmember agreement.
When it comes to the American Express penalty APR, you should keep in mind that:
- The Penalty APR is applied to a portion or the entirety of your balance once your credit card is in default.
- In order to avoid this higher interest rate, make sure not to...
Did we answer your question?