Hi all, i'm now using MBB Visa Ikwan c.c. Want to ask about the late payment charges due to paying the bill on the 'due date'. Last month i settled the bill on the 'due date'. I remember the payment was done through M2U during office hour. But in this month statement i was charged 1% 'compensation fee' as late payment chare.. As far as i remember, it never happened before when i was using Mastercard eventhough i paid on the due date (or maybe I do not remember it exactly).

So, my question is are they allowed to do that.. And what about the 'qoute' that i found it above, i mean the 'grace period', does it really exist..? I haven't yet ring them up..need to check other people experiences first..Thanks..