Credit card or prepaid card — WELLS FARGO & COMPANY (CA)

Unexpected increase in interest rate. Wells Fargo Platinum Business Card will not allow auto payment to be setup when a payment is overdue. This prevents consumers from setting up auto payment, unless done prior to the first payment that may be late. Wells Fargo does this intentionally, or at it's benefit of penalty interest and fees, to consumers. Wells Fargo should allow auto payment to be setup at whether the account is past due..in order to prevent it from becoming past due. In my situation, the first payment was received late due to the first statement not arriving in time. At no point in the next three late statements was I able to setup autopayment online after I found out ( due to Wells Fargo extremely slow mail ) it was late.