Paying With Plastic Bayside 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

Capital One
718-332-5200
2123 Avenue U
Brooklyn, NY
TD Bank
(718) 353-0224
38-19 Main Street
Flushing, NY
Bank of America - Central Avenue
201.795.5900
303 Central Avenue
Jersey City, NJ
Bank of America - Third Avenue/59th Street
212.891.2820
988 Third Avenue
New York, NY
Bank of America - Forest Hills
800.432.1000
9901 Queens Blvd
Forest Hills, NY
Capital One
718-347-7800
252-25 Union Turnpike
Bellrose, NY
Capital One
516-752-0300
195 Merritts Rd
South Farmingdale, NY
Bank of America - Fort Lee Main
201.302.0921
154 Main Street
Fort Lee, NJ
TD Bank
201-791-6143
444 Boulevard
Elmwood Park, NJ
Bank of America - Saint Albans
800.432.1000
20502 Linden Blvd
Saint Albans, 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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