What late payment charges can one expect to pay on the Standard Chartered Rewards+ Credit Card?
I am very certain I will be unable to make my Standard Chartered Rewards+ Credit Card payment charges in time as I just had some unexpected emergency that requires some funds. What is late payment charges on the card please?
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A late payment charge of $80 is usually charged if the minimum payment due is not received by the due date. The EIR applicable on your credit card and funds transfer accounts will be adjusted to 28% per annum if the minimum payment due is not received by the due date. If you have only missed one payment, it will be reinstated to the prevailing EIR once minimum payment due is made in full. If however your account has been twice or more past due on a consecutive basis, the EIR will only revert to 26.9% once minimum payment due for the relevant consecutive months where your account was past due is made in full.