Late fees an expensive catch on Diners Club cards

Anyone with a Diners Club card, take it out and immediately cut it in half, return the pieces to Diners and cancel your account. And don’t forget to read the fine print of your credit card terms and conditions. Diners Club charges “liquidated damages” if a payment is made 21 days after the statement issue date. But if you have a “frequent flyer”, separate terms and conditions state that the late fee is charged after 14 days.

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