Lucy Lazarony

Editorial Disclosure: The editorial content on this page is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are the author’s alone.

“The editorial content on this page is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are the author’s alone.”

Credit card late fees can be pricey. To avoid being hit with a late fee, you’ll need to be smart with your card and smart with your payment. Here are 10 ways to avoid credit card late fees.

1. Make a budget

To avoid credit card late fees, you need to have enough money in your checking account to cover your credit card’s minimum payment.  And you need to make this payment on-time each month if you want to avoid pricey late fees. So get busy organizing a budget, how much is coming in each month with paychecks and how much is going out each month with bills such as your credit card bills. Crunch the numbers and make sure you’re covered for each of your bills.

2. Know your due dates  

This one is simple. Don’t know your credit card’s due date?  Get out your bill and check. Call customer service and ask. Hop online and check our your online account. Make note of the due date in the calendar in your smartphone. Set an alarm so you’ll remember to pay.

3. Move your due dates if you need to

Is your credit card due date at a time of the month when funds are low? Move it! Just call your credit card’s customer service and request that your due date be moved to another time of the month, preferably when you’ll have lots of cash to pay your bill such as after a pay day. It’s that simple.

4. Send text alerts

Need reminders to pay your credit card bill on-time?  Sign up for text alerts from your credit card issuer. You’ll get reminders by text that your credit card bill is coming due soon. So you won’t forget!

5. Sign up for email reminders

Need more than a text alert to get your attention?  Sign up for email payment reminders from your credit card company to pay your credit card bill. Between the two, texts and emails, you should be covered.

6. Keep track of your balance

Keep close tabs of your credit card spending and your corresponding balance. You want to know just how much you owe so you’ll know how much you have to pay to keep your account current, the card’s minimum payment.

7. Don’t overspend

As tempting as it is to pay with plastic, don’t let that spending get too out of control because it may be difficult to pay your card’s minimum payment. And you’ll be hit with a late fee for not paying the agreed amount in full by the due date.

8. Know your minimum payment

Keep track of your minimum payment, the amount you need to pay each month to keep your account current.  Of course, you’ll want to pay more if you’ve got it but paying the minimum payment by your credit card’s due date will keep you free and clear of late fees.

9. Keep balances low

A good way to keep that minimum payment low is to keep your account balance low. So your minimum payment will be no sweat to pay each month.  Pay it well advance of the due date and breathe easy, you’ve made your payment for the month.

10. Automate payments

Sign up for automated payments for your credit card bills. Choose a date prior to your due date when you have plenty of cash, choose the amount, your minimum payment or another higher amount and sit back and relax. The dollar amount you selected will be paid to your credit card company on the date you selected.  And voila no late fees to worry about.

Follow these 10 steps and you’ll safeguard your credit card against late fees. You’ll also build up a solid credit record by paying bills on-time and keeping balances low.  Stay on top of your due date each month and you’ll build up a healthy on-time payment record and avoid credit card late fees.

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“Many of the listings that appear on this website are from companies which we receive compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). The site does not review or include all companies or all available products.”

Advertiser Disclosure: Many of the listings that appear on this website are from companies which we receive compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). The site does not review or include all companies or all available products.

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