Paying With Plastic Beacon 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

Chase Bank
(845) 565-5380
353 New Windsor Hwy
New Windsor, NY
Wells Fargo - Carmel
845-225-1822
259 Route 52
Carmel, NY
TD Bank
845-496-9147
21 E Main Street
West Haverstraw, NY
TD Bank
845-782-3641
515 Route 17M & Still Road
Monroe, NY
Citizens Bank - Somers SS
914-621-3150
80 Route 6
Baldwin Place, NY
HSBC Bank
1.800.975.HSBC (4722)
Rite Aid/Dough Boys 180 South Liberty Drive
Stony Point, NY
Chase Bank
(845) 471-2030
2586 S Rd
Poughkeepsie, NY
Citizens Bank - Wappinger Falls / SS
845-298-9468
1357 Rt 9
Wappinger Falls, NY
Citizens Bank - Milestone Square
845-635-2833
17 North Ave / Milestone Sqr
Pleasant Valley, NY
Wells Fargo - Cortlandt
914-271-6214
5 Baltic Place
Croton On Hudson, 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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