Cameron DiGiovanni, Writer
@cdigiovanni20
Yes, the Bank of America® Customized Cash Rewards credit card does have a late fee of up to $40, which applies when cardholders don’t make the minimum payment by the due date. Thanks to the CARD Act of 2009, the Bank of America late fee can never exceed the minimum payment amount. Also, balances under $100 will not be assessed a late fee.
If you accidentally make less than the required minimum payment or you miss your Bank of America Customized Cash Rewards credit card due date entirely, you can always ask customer service to waive the late fee by calling 866-266-0212. This is much more likely to work if you have a great payment history with Bank of America, 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.
Bank of America® Customized Cash Rewards credit card
People also ask
How can I get a Bank of America late fee waived?
To get a Bank of America late fee waived, call BofA customer service at 1-800-732-9194 and ask them to waive the fee for the late credit card payment. While Bank of America will sometimes waive the fee without any hassle if it’s a first offense, repeat offenders may have a tougher time getting BofA to drop the charge.
When you speak with a Bank of America customer service representative, make your case by detailing...
read full answerWhat is my Bank of America credit card due date?
Your Bank of America credit card due date is at least 25 days after the end of each monthly billing cycle. Cardholders can find their specific Bank of America credit card due date listed on the online account details page, as well as on the monthly statement. The exact due date differs from person to person, depending on when the account was opened.
The monthly statement will also list the minimum amount the cardholder has to pay by...
read full answerHow long is the Bank of America Cash Rewards grace period?
The Bank of America Customized Cash Rewards credit card grace period is at least 25 days after the end of each billing period. Bank of America will not charge interest on purchases if the cardholder pays the full statement balance by the due date each month. The Cash Rewards card’s potentially high regular APR will apply to any balance remaining after the due date.
You will lose the Bank of America Customized Cash Rewards credit card grace period if you do not pay the card’s statement balance in...
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