Epic Contributor
Posts: 22,067
Registered: ‎10-23-2007

Re: How does the "no late fee" work on Amex Clear & Citi Simplicity?

One note to mention Amex doesn't seem to report a 30 day late until the account is actually 90 days late, does not mean I would be testing this!

Now this Clear Card it was good when it first came out because they were offering a 3.9% BT for LIFE... but as far as rewards go and paying late, you can get much better rewards and paying late on a credit card product with Amex a couple times is a great way to see a 10k limit come crashing down to $500 in a real hurry!

Fico Scores: EQ- 626 Overstck., TU 696 Walmart, EX 695 Chase (11-05-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
66 Cards and Counting :smileytongue:
Posts: 83
Registered: ‎08-24-2010

Re: How does the "no late fee" work on Amex Clear & Citi Simplicity?

I inadvertantly tested this one December when I had a lot going on.  Never saw a missed payment on my credit report.


I remember them charging me with a fee, but then crediting my account back. 

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