@go_FICO_self wrote:
not sure if you know this but for charge cards the payment due date is just a "suggestion." the true payment due date is when your next statement cuts, and that's when you need to pay the prior balance to avoid late fees/credit dings/etc. so, did you manage to pay off before your next statement cut? if so, then the damage is very minimal.
but if your platinum is now a credit card, then the payment due is a hard date I guess.
also, with credit cards, they report lates once is 60 days over, meaning having missed 2 consecutive payments. if you miss one, it'll most likely not make it to credit reports. So, the damage is internal, if any. If you're not planning to ask amex for more credit in the near future, then you're good and it'll go away on its own.
And if Amex does report the late, you can argue with them that the check you sent should have been accepted and as such, have the late removed.
The payment due date is actually a hard due date; but banks have something called as "late charge grace days" which allow customers to pay within these few grace days after payment due date before late charge is hit. This grace days was mostly to account for the payments to come in through mail. Typically it used to be 5 or 6 days earlier & in a way coincided with the statement cut date; but now they have changed it to 1 or 0 grace days after recent market changes and also to consider the fact that you can post instant payments online now. You can call your credit card company ask if there are any grace days on your account before a late charge is hit. It is mandatory that account activity needs to be reported monthly to the credit bureaus. But yes, since you only late < 30 days, you should not be reported as late & you can talk to Amex to have the late charge waived off.
