It’s the fee, stupid

Speaking of banks, I just received my latest bill for my AMEX credit card (my bank sold its VISA portfolio to AMEX a couple of years ago), and I’ve been assessed a $29 late fee on the 22nd of the month. I paid it in full (and have the receipt) on the 18th. Is it any wonder I don’t think much of credit card companies?

3 Comments

  1. Chase Visa just sent me a notice saying that they’re moving the late fees up to $39 if the balance is over $200. Nice.
    The one thing I like about AMEX is that you can pay by phone without a fee (useful to the chronically late, like me).

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