Roundup Of Various Credit Card Late Fees

“ConsumerMan” Herb Weisbaum over at MSNBC says that banks have messing around with their late fee structure lately—adding a third tier of pricing, raising fees, etc. Those of you with higher balances might be paying more if you’re late. We think that’s not cool, so we’re posting a round-up of current fees.

Discover: For billing periods after Oct. 1, the late fee will be $19 on balances up to $250 and $39 on balances over $250.

Chase: Added a third tier. It now charges $15 on balances up to $99.99, $29 on balances between $100 and $249.99, and $39 on balances over $250.

Bank of America: $15 on balances up to $100; $29 on balances over $100 up to $250; $39 on balances over $250

Amex: $19 on balances up to $400 and $38 on balances of $400 and over

Capital One: $19 on balances up to $100; $29 on balances of $100 up to $1,000; $39 on balances of $1,000 and over

Citibank: $15 on balances up to $100; $29 on balances of $100 up to $250; $39 on balances of $250 and over

Pay your bills on time. Late fees make the Consumerist cry.

Why are credit card rates still out of control? [MSNBC]
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