Paying With Plastic Brooklyn 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
(516) 623-8100
180 Atlantic Ave
Freeport, NY
Capital One
973-751-1001
402 Main Street
Belleville, NJ
Capital One
516-466-6271
121 Middle Neck Road
Great Neck, NY
Bank of America - Bergen Square
201.653.0500
880 Bergen Avenue
Jersey City, NJ
Bank of America - Myrtle & Waverly
718.852.1548
449 Myrtle Avenue
Brooklyn, NY
Chase Bank
(914) 964-0452
410 S Broadway
Yonkers, NY
Chase Bank
(516) 378-0439
676 Sunrise Hwy
Baldwin, NY
Capital One
718-852-8000
356 Fulton St
Brooklyn, NY
Capital One
516-887-7557
1 Franklin Ave
Lynbrook, NY
Bank of America - 86th & Lexington Ave BC
646.264.0197
1275 Lexington Avenue
New York, 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
- Pay Day Loan Brooklyn NY
Are you having difficulties paying a bill on time? Perhaps your electric bill is going to be due in four days and you won' t get your pay cheque until two days after that! Well, there are a number of things you can do.
- Refinancing Home Mortgage Brooklyn NY
- Paying for College During a Recession Brooklyn NY
- Paying off Your Debt Brooklyn NY
- Credit Repair Self Help Brooklyn NY
- How to Get Out of Debt Brooklyn NY