Paying With Plastic Hopewell Junction 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)
Haviland Shopping Ctr 876 Violet Ave
Hyde Park, NY
TD Bank
845-225-8429
96 Gleneida Avenue
Carmel, NY
Citizens Bank - Newburgh SS
845-566-4080
1429 Meadow Hill Rd./Rt. 300 Rt. 87
Newburgh, NY
TD Bank
845-628-8576
915 S Lake Boulevard
Mahopac, NY
Citizens Bank - Peekskill SS
914-736-5201
1831 East Main St.
Peekskill, NY
HSBC Bank
1.800.975.HSBC (4722)
West Point (Usma) 195 Main St
Highland Falls, NY
Chase Bank
(914) 737-2360
1025 Brown St
Peekskill, NY
Citizens Bank - New Paltz SS
845-256-3802
271 Main St.
New Paltz, NY
Citizens Bank - Newburgh/Wal-Mart
845-567-1380
1201 Route 300
Newburgh, NY
Wells Fargo - Shrub Oak
914-528-7007
1342 E Main St
Shrub Oak, 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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