Paying With Plastic Amityville NY

Most credit card issuers offer a 25 day grace period in which to pay for new purchases without incurring finance charges if you pay your balance in full each month. Some issuers have shortened the grace period or eliminated it altogether even if you always pay your account in full.

Local Companies

HSBC Bank
1.800.975.HSBC (4722)
Belmont Avenue 85 Farmingdale Rd
West Babylon, NY
Capital One
516-799-1200
5100 Sunrise Hwy
Massapequa Park, NY
TD Bank
(718) 428-5314
216-10 Northern Boulevard
Bayside, NY
Citizens Bank - W Hempstead SS
516-538-1655
50 Cherry Valley Ave.
West Hempstead, NY
Jeffrey Lewis, CFP, ChFC
7 White Deer Court
Huntington, NY
HSBC Bank
1.800.975.HSBC (4722)
Kohl'S/Marshalls 3544 Long Beach Rd.
Oceanside, NY
Chase Bank
(516) 295-3200
1000 Railroad Ave
Woodmere, NY
Capital One
516-742-8900
422 Hillside Ave
Williston Park, NY
Bank of America - East Meadow
516.731.2434
2443 Hempstead Turnpike
East Meadow, NY
Wells Fargo - Carle Place - Country Glen
516-741-4089
103 Old Country Rd
Carle Place, NY
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Pitfalls to Avoid When Shopping for Credit Cards

Individually, these may add up to only a few dollars each month, but collectively, they can add up to a substantial expense, especially over time or if you have numerous credit cards.

Most credit card issuers offer a 25 day grace period in which to pay for new purchases without incurring finance charges if you pay your balance in full each month. Some issuers have shortened the grace period or eliminated it altogether even if you always pay your account in full. You may be paying interest on most or all of your purchases.

Pay Monthly Credit Card Balance in Full

When you carry a balance from month to month, there is no grace period on new purchases with most cards. The grace period where no finance charges accrue only applies if you pay your balance in full each month.

Some card issuers charge two months of interest for the first month you fail to pay your balance in full. This occurs when you switch from paying in full to carrying a balance from month to month.

Most card issuers charge interest from the day a charge is posted to your account if you don't pay your account in full each month. Some, however, charge interest from the date of the purchase, often several days before they have paid the merchant on your behalf!

You may be paying $50 a year or more as an annual fee on your credit card. You may also be subject to finance charges of over 18 percent. Most credit card issuers will lower fees and/or interest rates for good customers in order to retain their business. It doesn't cost anything to ask!.


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