What happens if you pay a day late on Discover?
A late credit card payment could result in late fees, a penalty APR, and a negative impact on your credit score. You can set up payment alerts to help remember to pay by your due date.
Is there a 10 day grace period for credit card payments?
But this isn’t the case with credit cards. With credit cards, the term “grace period” refers only to a time when you can avoid being charged interest. In most cases, there is no “grace period” for your payment. If you do not pay at least the minimum amount due by the due date, you’ll get charged a late fee.
What is the late fee for Discover Card?
We will not charge a Late Fee the first time you do not make the Minimum Payment Due by the Payment Due Date. After that, if you do not pay the Minimum Payment Due by the Payment Due Date, we will charge you a Late Fee. The fee is $27 if you were not charged a Late Fee during any of the prior six billing periods.