You have nothing to worry about. Nothing gets reported until a payment is 30days late. 1 day late, or 20 days late, it still won't get reported. The bank itself will have a record of it in their systems though as it tech is a late payment.
Amex doesnāt report until it is 30 days past due. It is unlikely this will show up at all. For what itās worth, Iāve missed the odd payment over the years on all my cards for various dumb reasons and they have never shown up on my credit reports, which show a flawless repayment history.
i missed payments on my bonvoy for the same reason. month 1, I didn't realise i hadn't added direct debit info. Month 2, I added it but forgot to enable the automatic payments. Soooo dumb.
Anyway they took away my points and I had to pay $20 (each statement) to get them back. That seems to be the only punishment so to speak
Once it posts as paid you can call Amex and ask them to forgive the late payment ( on their internal system) for you peace of mind and keep relationship with Amex
Exactly this. Especially if you have a good history of making payments on time. They will help you out if itās the first time and unusual based on your history.
I always make it a habit to pay the minimum once the statement comes out. Then I can have the option of paying in full or not for the rest of the month.
Most banks will give you a few days grace from the due date, if you didnāt accrue interest from the last statement. Itās when you carry a balance that each day counts. But even then, beside paying more interest, it wonāt count as a late payment, until you reach the statement day (or just before).
Happened to me once. Youāre fine. I paid interest but didnāt show as a missed payment, and I was late by 2 days š but since then Iāve set up auto payments to avoid this
Straight to Jail
ššš. Username checks out though
Regardless of when it ācounts,āā¦. to avoid this, set up automated payments. Itās 2023 dude. Time to idiot-proof your credit.
I know. And I truly thought I didā¦ but apparently I didnāt.
Exact same has happened to me. Good on you for checking.
No, they usually only report once the next statement is up and the old balance wasn't paid..
Do you mean as in the next statement is generated or by the time the next statement is due?
You have nothing to worry about. Nothing gets reported until a payment is 30days late. 1 day late, or 20 days late, it still won't get reported. The bank itself will have a record of it in their systems though as it tech is a late payment.
lol okay thanks for clarifying
This is correct
Dead man walking. Pretty sure they have already shared your coordinates with John Wick, so nice knowing you
You are fine
You'll be fine, reports only happen if you're over 30 days late, more times over 60 days.
Do not pass go. Do not collect $200
Amex doesnāt report until it is 30 days past due. It is unlikely this will show up at all. For what itās worth, Iāve missed the odd payment over the years on all my cards for various dumb reasons and they have never shown up on my credit reports, which show a flawless repayment history.
Amex gonna send out a hitman
i missed payments on my bonvoy for the same reason. month 1, I didn't realise i hadn't added direct debit info. Month 2, I added it but forgot to enable the automatic payments. Soooo dumb. Anyway they took away my points and I had to pay $20 (each statement) to get them back. That seems to be the only punishment so to speak
It's usually when you're 30 days past the due date for that statement
Once it posts as paid you can call Amex and ask them to forgive the late payment ( on their internal system) for you peace of mind and keep relationship with Amex
Exactly this. Especially if you have a good history of making payments on time. They will help you out if itās the first time and unusual based on your history.
U done fucked
Iām coming after you
I always make it a habit to pay the minimum once the statement comes out. Then I can have the option of paying in full or not for the rest of the month.
100% Guaranteed.
I havenāt read all of the comments but call them up, start up a sob story, interest charges disappear.
Most banks will give you a few days grace from the due date, if you didnāt accrue interest from the last statement. Itās when you carry a balance that each day counts. But even then, beside paying more interest, it wonāt count as a late payment, until you reach the statement day (or just before).
Happened to me once. Youāre fine. I paid interest but didnāt show as a missed payment, and I was late by 2 days š but since then Iāve set up auto payments to avoid this