How to Easily Avoid Credit Card Late Fees (Especially Now)

Recently, a judge stopped a plan that would have capped credit card late fees at $8. Now, many credit cards can still charge $30 to $41 if you miss a payment. That’s a lot for just forgetting a due date!

Here are simple ways to avoid late fees:

• Turn on automatic payments so you never forget.
• Pick a card with no late fees — some options include the Apple Card and Citi Simplicity.
• Ask for a late fee waiver if you miss a payment — many banks will say yes.
• Pay a little bit during the month instead of waiting for the due date.
• If you’re struggling, call your credit card company — they might offer help.

Even though the law didn’t change, you can still stay ahead by planning a little. Saving $30 or more every month adds up fast.