If you accidentally make less than the required minimum payment or you miss your Delta Gold 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.
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.… read full answer
The grace period on a credit card only remains in effect when you pay the full statement balance by the due date each month. The grace period goes away when you carry a balance from billing period to billing period, and you have to pay in full 2 months in a row to get it back. Without a grace period, interest is assessed on a daily basis to your full balance, including any new purchases you make.
For example, say your new credit card’s billing cycle is from January 1 through January 31, and you purchase a new couch on January 23. Your credit card bill is due on February 25, which means your grace period is 25 days long, and you won’t have to pay for the couch at all until February 25. If you pay the full statement balance by that date, you won’t pay any interest on the couch. But if you only pay the minimum amount due, you’ll start accruing daily interest charges, and your grace period will disappear – not just for the couch, but for all other purchases you make, until you pay your statement balance in full 2 months in a row.
Not all credit cards offer a grace period. But for those that do, it has to be at least 21 days long. To determine the grace period for a specific credit card, you can refer to your credit card agreement or your latest credit card statement. Grace periods only apply to purchases. Cash advances and balance transfers start getting charged interest immediately.
Pro Tip: Grace periods are a good reason for having separate credit cards for your debt and your everyday purchases. Having a credit card just for everyday purchases that you pay for in full by the end of each grace period will keep your everyday spending separate from any balance accruing interest, thus saving you money on finance charges. This also enables you to focus on getting great rewards with that card, since interest won’t be a concern. Similarly, you can concentrate on getting the best possible interest rates and fees on your other card, the one you designate for carrying a balance from month to month.
In the long run, keeping everyday purchases interest-free by taking advantage of your grace period and getting the right collection of cards for the transactions you plan to make will save you a lot of money.
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 people with high credit utilization.… read full answer
If you have a credit card balance that you carry from month to month, it’s best to pay that credit card’s bill as soon as the monthly account statement becomes available. This will save you money on interest. Paying the card’s monthly bill in full for two consecutive months will also reduce your interest charges by reinstituting your account’s grace period. Instead of purchases beginning to accrue daily interest charges right after you make them, you will have a window between when your monthly statement becomes available and when your bill is due to pay with no interest.
If the balance listed on your monthly credit card statements consistently equals more than 30% of the card’s credit limit, consider paying your bill multiple times per month. Paying once in the middle of the month and again before the due date will reduce the balance listed on your statement. That, in turn, will lower your credit utilization, which should help your credit score.
Here’s a quick example: You have a credit card with a limit of $1,000. You charge $500 to it, using up 50% of your credit. Then, you make a payment of $300 before the billing period closes and your statement is generated. That brings your statement balance to $200 and your utilization to 20%. Paying off the final $200 before the due date then keeps your account in good standing.
Here’s when to pay a credit card:
If your credit utilization is 30% or less and you pay in full every month, pay your credit card bill by the due date listed on your monthly account statement.
If your balance is more than 30% of your credit limit, pay your credit card bill before the billing period closes to reduce your credit utilization, then pay the remaining balance by the due date.
If you’re carrying a balance from month to month, pay off your full credit card balance as soon as possible to save on interest.
It’s a good idea to set up automatic payments with your credit card issuer so you don’t have to worry about when to pay your credit card bill. Doing so will automatically make a payment from a linked bank account every month on the due date, or a day of your choice before that. You can’t be marked late unless your account has insufficient funds. And even with automatic payments set up, you can still make additional payments any time you want.
Yes, there are several good Delta credit card deals available right now. One of the best Delta credit card deals is 50,000 miles and 10,000 Medallion Qualification Miles after spending $3,000 in the first 3 months with the Delta Reserve Credit Card. The card also offers a round-trip companion certificate every year. There’s free Delta Sky Club access too. This card charges a hefty $550 annual fee, but its rewards more than make up for it for frequent flyers.… read full answer
The Delta Reserve Credit Card, the Amex Delta Platinum and the Delta Gold Card provide a free first checked bag and priority boarding. All Delta SkyMiles cards also offer statement credits on food, alcohol and audio headset purchases made on Delta flights. And those are just some of the Delta credit card promotions the airline currently offers.
Here are the best Delta Airlines credit card deals:
The Delta Reserve Credit Card offers 50,000 miles and 10,000 Medallion Qualification Miles after spending $3,000 in the first 3 months. In addition, you can earn Accelerated Medallion Qualification Miles, getting you closer to Medallion Status. The card also offers 3 miles per $1 spent on Delta purchases and 1 mile per $1 on all other purchases. Plus, you get Free Delta Sky Club access as a cardholder and discounted per-visit rate for up to two guests. The Delta Reserve Credit Card also offers a free companion certificate every account anniversary.
With the Amex Delta Platinum you can earn 50,000 miles and 5,000 Medallion Qualification Miles after spending $2,000 in the first 3 months. Plus, it offers Accelerated Medallion Qualification Miles earnings, that get you closer to Medallion Status. The card also earns you 3 miles per $1 spent with Delta, 3 miles per $1 on purchases made directly with hotels, 2 miles per $1 at restaurants worldwide (including takeout and delivery in the U.S.) and U.S. supermarkets, as well as 1 mile per $1 on all other purchases. In addition, you’ll get Discounted Delta Sky Club rate for you and up to two guests. You will also receive a free companion certificate every account anniversary.
The Delta Gold Card offers 40,000 miles after spending $1,000 in the first 3 months. After you spend $10,000 in purchases in a calendar year, you will also receive a $100 Delta Flight Credit. Plus, you can earn 2 miles per $1 on Delta purchases, 2 miles per $1 at restaurants worldwide (including takeout and delivery in the U.S.) and U.S. supermarkets, and 1 mile per $1 on all other purchases.
With the Blue Delta SkyMiles Credit Card you can earn 10,000 miles for spending $500 in the first 3 months. Plus, it offers 2 miles per $1 spent on Delta purchases, 2 miles per $1 at restaurants worldwide (plus takeout and delivery in the U.S.), and 1 mile per $1 on all other purchases.
If you’re not familiar with Medallion Qualification Miles (MQMs), know that they go toward earning you Medallion status in the SkyMiles loyalty rewards program. In addition to the cards’ MQM spending bonuses, you also earn MQMs based on the distance flown with Delta, Medallion Qualification Segments (MQSs) based on your number of flights and Medallion Qualifying Dollars (MQDs) based on the money you spend on Delta flights.
Medallion Status comes in four different tiers and the higher your status, the better perks you get on Delta flights. Medallion Status benefits include travel/vacation discounts, waived fees, complimentary upgrades and more.
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