Credit Card Late Fee Statistics

Yes, Capital One does charge late fees when cardholders don't make the minimum payment by the due date. The late fee for Capital One credit cards can be up to $40, though the late fee can never exceed the minimum payment amount thanks to the CARD Act of 2009.

If you accidentally pay less than the minimum required payment or you miss your Capital One credit card due date entirely, you can always ask customer service to waive the late fee by calling the phone number on the back of the card. This is much more likely to work if you have a great payment history with Capital One, but even if not, there's no harm in asking.

To avoid getting hit with late fees in the future, you should pay at least your minimum required payment each month. The best way to make sure that you never miss a payment is by setting up autopay.

Finally, keep in mind that the late fees on business cards are different than those on personal cards.      

The Mastercard late fee could be anywhere from $0 to $41, depending on the card. However, late fees are determined by the issuing bank, not by the card network. The CARD Act regulations include a limit for late fees, but the issuers don't always charge you the maximum.

Things to Know About the Mastercard Late Fees

• When you are charged a late fee, it makes a difference if you are a first-time offender or...

Yes, Bank of America does charge late fees when cardholders don't make the minimum payment by the due date. The late fee for Bank of America credit cards is $29 for personal cards, and it will increase to $40 for subsequent late payments within six months. After six months of consecutive payments since your last missed due date, the late fee will reset to $29 for personal cards. Thanks to the CARD Act of 2009, the Bank of...

Yes, Chase does charge late fees when cardholders don't make the minimum payment by the due date. Thanks to the CARD Act of 2009, the Chase late fee can never exceed the minimum payment amount.

If you accidentally pay less than the minimum required payment or you miss your Chase credit card due date entirely, you can always ask customer service to waive the late fee by calling 1-800-432-3117. This is much more likely to work if...

Yes, Credit One does charge late fees when cardholders don't make the minimum payment by the due date. The late fee for Credit One credit cards is $29, and it will increase to up to $39 for subsequent late payments within six months. After six months of consecutive payments since your last missed due date, the late fee will reset to $29. Thanks to the CARD Act of 2009, the Credit One late fee can never exceed the...

Yes, the Home Depot® 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. The late fee for Home Depot® Credit Card is $29, and it will increase to $40 for subsequent late payments within 6 months. After 6 months of consecutive payments since your last missed due date, the late fee will reset to $29. Thanks to the CARD Act of 2009, the Citibank late fee can never exceed...

Yes, the Best Buy® Credit 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 Best Buy® Credit Card is $29, and it will increase to $41 for subsequent late payments within 6 months. After 6 months of consecutive payments since your last missed due date, the late fee will reset to $29. Thanks to the CARD Act of 2009, the Citibank late fee can never exceed...

The best credit card with no late fees is the Petal® 2 Visa® Credit Card. It offers 1% cash back on all eligible purchases, up to 1.25% back after 6 months of on-time payments, and 1.5% cash back after 12 consecutive months of paying on time. The Petal 2 Card has a $0 annual fee and requires limited credit for approval.

Best Credit Cards with No Late Fees in 2025

Generally, late fees can be steep. So, getting a credit card with no late fees might seem like a good idea. But it would be better to focus on paying your credit card bill on time...

Yes, USAA does charge late fees when cardholders don't make the minimum payment by the due date. The late fee for USAA credit cards is $25 for personal cards, and it will increase to $35 for subsequent late payments within six months. After six months of consecutive payments since your last missed due date, the late fee will reset to $25 for personal cards. Thanks to the CARD Act of 2009, the USAA late fee can never exceed...

Yes, Wells Fargo does charge late fees when cardholders don't make the minimum payment by the due date. Thanks to the CARD Act of 2009, the Wells Fargo late fee can never exceed the minimum payment amount.

If you accidentally pay less than the minimum required payment or you miss your Wells Fargo credit card due date entirely, you can always ask customer service to waive the late fee by calling 800-642-4720. This is much more likely...