Yes, the PenFed Pathfinder® Rewards Visa Signature® Card does have a late fee of $20 to $28, depending on the balance owed, which applies when cardholders don’t make the minimum payment by the due date. The late fee for the PenFed Pathfinder 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 PenFed Pathfinder due date entirely, you can always ask customer service to waive the late fee by calling 1 (800) 247-5626. This is much more likely to work if you have a great payment history with PenFed, 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 best PenFed credit card is the PenFed Pathfinder® Rewards Visa Signature® Card. It offers 3 points per $1 spent on travel (4 points per $1 for Honors Advantage Members) and 1.5 points per $1 on all other purchases, and it gives 50,000 points for spending $3,000 in the first 90 days after opening an account. The card also comes with a $95 annual fee, and you need at least good credit for approval.
You can get the PenFed Pathfinder® Rewards Visa Signature® Card, or any other PenFed product, without a military affiliation. Membership in the credit union is now open to everyone for free.
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...
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...
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