When does American Express start charging late payment fees in case a payment is not made for a Cardmember at the time of E/DSA settlement?
Although there is no regular interest for Charge Cards, there are late payment charges. These are as follows (cumulative): 30 days – 3.0% or US$/€25 45 days – 1.5% or US$/€15 60 days – 1.5% or US$/€15 90 days – 1.5% or US$/€15 Cardmembers may also be charged with full costs incurred in respect of dishonoured cheques.
Related Questions
- When does American Express start charging late payment fees in case a payment is not made for a Cardmember at the time of E/DSA settlement?
- What if I dont have enough time to reconcile my meeting charges with the hotel prior to the American Express payment due date?
- Who receives late and failed payment fees?
