Originally Posted by
VegasGambler
Well, there is a big difference between not paying for 60 days (which is significantly delinquent, reported to credit agencies, possibly at risk of account closure and being sent to an external collection agency, etc) and missing a payment by 1-2 days.
Missing a payment by 1-2 days won't forfeit points with Amex. Read the above-quoted terms carefully. The late payment fee kicks in the day after the payment is due, but the points forfeiture happens only if the payment isn't received by the next statement. So the payment has to be more than 5 days late in order for points to be forfeited.