Paying With Plastic Bronx 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)
449 S Broadway
Yonkers, NY
Chase Bank
(718) 585-2523
360 E 149th St
Bronx, NY
Chase Bank
(917) 492-2796
1924 Third Ave
New York, NY
Wells Fargo - Broadway & 56Th
212-424-2660
1755 Broadway
New York, NY
Bank of America - Oradell
800.432.1000
420 Kinderkamack Rd
Oradell, NJ
HSBC Bank
1.800.975.HSBC (4722)
12 East Palisades Avenue
Englewood, NJ
Chase Bank
(212) 577-7020
253 Broadway
New York, NY
Chase Bank
(516) 364-8823
550 Jericho Tpke
Syosset, NY
Chase Bank
(516) 334-6374
201 Post Ave
Westbury, NY
Citizens Bank - Forest Hills SS
718-441-3225
8989 Union Turnpike
Glendale, NY

Provided by:

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!.


Click here to read the rest of the article at YoungMoney.com.

Related Articles
- Paying for College During a Recession Bronx NY
The latest trend: forget the “five-year plan” of yesteryear, today’s college-bound students are on a three-year plan.
- How to Get Out of Debt Bronx NY
- Credit Repair Self Help Bronx NY
- Refinancing Home Mortgage Bronx NY
- Pay Day Loan Bronx NY
- Paying off Your Debt Bronx NY