How much is the Blue Cash Everyday late fee?

The Amex Blue Cash Everyday minimum payment is the higher of:

• 1% of the statement balance, plus fees, past-due amounts, and interest
• 2% of the new balance, plus fees and past-due amounts
• $40

If the statement balance is less than $40, the Amex Blue Cash Everyday minimum payment will be equal to the balance. In addition, if you recently missed a payment, American Express may add a late fee to your minimum payment.… read full answer

The minimum payment is the smallest amount you’re obligated to pay by the due date for your Amex Blue Cash Everyday account to be in good standing. Failure to pay by the due date may result in a late fee. Your credit score will also take a hit if you miss multiple minimum payments.

The Amex Blue Cash Everyday grace period is at least 25 days. It lasts from the end of each billing period until the payment due date. Interest charges will not apply if the cardholder pays the entire statement balance in full by the due date, unless there’s an introductory 0% APR offer in effect. Once the intro rate expires, any balance remaining after the due date will accumulate interest daily at the card’s regular APR of 16.24% - 27.24% (V). The grace period, however, does not cover … read full answercash advances. Those transactions will incur daily interest charges starting on the withdrawal date.

It’s important to note that the Amex Blue Cash Everyday grace period is not an ongoing benefit. You will lose the grace period if you do not pay the entire statement balance by the due date, when applicable. Without the grace period, interest will apply to new purchases daily as soon as you make them. You can reinstate the grace period by paying the statement balance in full for two straight billing periods.