Yes, the Citi Premier® Card does have a late fee of up to $41, which applies when cardholders don’t make the minimum payment by the due date. The late fee for the Citi Premier Card can never exceed the minimum payment amount, though, thanks to the CARD Act of 2009.
If you accidentally make less than the required minimum payment or you miss your Citi Premier due date entirely, you can always ask customer service to waive the late fee by calling 800-950-5114. This is much more likely to work if you have a great payment history with Citibank, 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.
The credit score that you need for the Citi Premier® Card is 700, at a minimum. This means applicants need at least good credit for a decent shot at approval. If you’d like to know where you stand, you can check your credit score for free, right here on WalletHub.
Other Citi Premier Approval Requirements
The average American will likely find it difficult to meet the Citi Premier credit score requirement, as many people have lower credit scores. But an applicant’s score...
The best time to pay a credit card bill is a few days before the due date, which is listed on the monthly statement. Paying at least the minimum amount required by the due date keeps the account in good standing and is the key to building a good or excellent credit score. That’s true for everyone, but some people might want to take things a step further, particularly cardholders carrying balances from month to month and...
A credit card grace period is the 21-25 day period between the last day of a credit card’s billing cycle and the minimum-payment due date. Interest charges do not apply when a credit card’s grace period is in effect, giving cardholders the chance to pay their full balance by the due date at no extra cost.
The grace period on a credit card only remains in effect when you pay the full statement balance by...
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