Grace Period: The due date is 25 days after the close of each billing cycle. You will not be charged any interest on purchases if you pay your entire balance by the due date each month. The card issuer will begin charging interest on cash advances and balance transfers on the transaction date. Late Payment Fee: An amount equal to past due payment or $25, whichever is less. Cash Advance Fee: 3% of the amount of each cash advance, but not less than $4 nor more than $50.