American Express Complaint - 2 Months Financing Charge for One Day Late Payment
I was one day late in paying my AMEX bill and I was given a financing charge in the next bill. So I paid it in full(including the financing charge) way before the due date. Now I received another bill with another financing charge, so I called them to find out what happened. They apologized that they were not clear enough that if one payment is late you have to pay financing charge for two months. And there is no way for them to waive it, because this is a Costco card which has too much rebate, this type of card is not qualified for waiving the charges.
I agree that I should pay my 1st financing charge since I was late(for one day), but I have never heard any credit card that will charge you for two consecutive months late fee even if you have paid the 1st one in full. Is this a scam?