The Simplicity Card has no penalty
fee for late payments while the Diamond Preferred Card does.
Not exact matches
While it's unlikely that a lender will report you to the credit bureaus
for making one
payment late, it is possible.Missing a
payment could also give the lender authority to charge you extra
fees.
Discover doesn't charge a
late fee for a cardholder's first missed
payment,
while the second missed
payment comes with a
fee.
While you may still be liable
for a
late payment fee (ranging from $ 25 to $ 35) and may be charged a penalty APR (as high as 29.99 %), you can't be reported to a credit bureau before you're a full 30 days past due.
Standard business oriented Chase penalty
fees apply;
for instance, a returned
payment costs the cardholder or business $ 39
while a returned check does not generate a
late penalty.
For penalty
fees,
late payments receive a charge of up to $ 37
while returned
payments receive a charge of only up to $ 27.