Shortly after receiving this platinum card, I started getting phone calls on the payment due date stating they had not received the payment and would I like to pay by phone. Either way, they were going to charge a late fee to my account. I have never had a problem with late payments so I began to pay particular attention to the dates I mailed the payments. They told me it takes 5 to 7 days to post the payment to my account. I have since learned they are duplicating the practice used by fleet credit to dupe customers out of bogus late fees.By imposing processing delays, they rake in millions in late fees. I proved this last month when I mailed my payment certified, 5 days before the due date and found it was delivered in two days. Since it was certified, FNBM posted it that day... What happened to 5-7 days??? Fleet credit has recently lost a class action settlement accusing them of the same practice. FNBM is affiliated with Fleet credit... Do the math.
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