Missed Credit card Payment deadline- Charged Late Fee ? How to get Refund ?
Credit card payments can be very tricky…you can end up paying lot of late fee, if you miss the actual deadline. I am not a big fan of auto payments for credit cards, so I have a reminder on my calendar to pay credit cards on a certain day of the month…occasionally, I tend to snooze the reminder for next day….you guys know how that “remind me later” goes…anyways, sometimes I end up paying the credit card bill a day or two late… If you are someone, who reviews credit card statement every month, you may see a big late fee on your account, if you miss the payment deadline even by a day….Some of you may think that it was your fault not to pay the credit card payment on time and give up on the late fee….Let me explain my experiences.
Credit Card payment Late fee – Refund ?
Over the past few years, I might have missed paying credit card bills on time a handful of times…I have had late payments on various credit cards involving a variety of credit card companies…Usually it can be anywhere from $25 to $50 or more depending upon the credit card type and the company that gives it…In my experience, I have got refund of all the “late payment fees ”. So, if you are with a perception that you may not get refund…that is not always true…let me share on how to get that refund..
How to get credit card late payment fee refund ?
All it requires is a phone call to your credit card company. You just look on the back of your credit card for the 24 hr toll free number and call them. Make sure you select option to speak to a customer service representative. Once you are in call, tell them that you are calling to check about the late fee assessed on your account. Last time, when I called them, they did not even ask me anything, he said, “I have refunded the late fee and it will be credited to your account”. Sometimes, you may be asked what happened, tell them your real reason and what happened…You can also say to check your payment track record to see you are a prompt payer of bills…They should refund you. If the customer service rep does not answer well, you can tell them to connect to their supervisor and you should get a refund….
Let me put a big disclaimer, I am not sure if this works if you pay your bills past the due date very often or every time…It only works if you are good customer and pay your bills on time most of the times….Also, this worked for me and logically speaking it should work for most of the people if you are a good customer to the bank…from the credit card company perspective, they want the customer to be happy and will try to do their best as long as you are good to them…
What are your experiences dealing with credit card payments ?
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