Showing posts with label coronavirus skip payments. Show all posts
Showing posts with label coronavirus skip payments. Show all posts

Saturday, March 28, 2020

Coronavirus yields skipped card payments ... but you have to call and ask!

A recent article in the New York Times mentions some banks waiving payment penalties (some even skipping interest charges) in the wake of the coronavirus.


The waivers:

Still charges interest but allows you to skip a payment:
You pretty much have to call them all to get this. I got ahold of Capital One, American Express and Discover all this evening (Saturday) ... American Express said a late fee ding would appear in the account but would be removed within 7 days. Discover did mention that they continue to charge interest, and I got Capital One in only about 10 minutes after failing the last couple of days, but they just moved my existing payment from April 4 to May 4. Wahoo!

Let's all keep washing our hands!