Paying With Plastic Jamaica 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) 355-2670
2335 New Hyde Park Rd
New Hyde Park, NY
Chase Bank
(516) 823-3582
235 Rockaway Ave
Valley Stream, NY
Capital One
516-887-3131
115 Main St
East Rockaway, NY
TD Bank
(718) 267-5100
31-04 Ditmars
Astoria, NY
Wells Fargo - Ninth Avenue & 15Th Street
646-336-0300
66 9Th Ave
New York, NY
Chase Bank
(718) 426-4398
3747 Junction Blvd
Corona, NY
Chase Bank
(718) 423-4342
27258 Grand Central Pkwy
Floral Park, NY
Chase Bank
(914) 376-0146
92 Main St
Yonkers, NY
Capital One
516-922-8312
68 West Main Street
Oyster Bay, NY
TD Bank
201-641-2157
245 Main Street
Ridgefield Park, NJ

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
- Credit Repair Self Help Jamaica NY
As a result of poor money management or perhaps things that are simply out of our control, many of us find ourselves in trouble with our credit.
- Paying for College During a Recession Jamaica NY
- Pay Day Loan Jamaica NY
- Refinancing Home Mortgage Jamaica NY
- Paying off Your Debt Jamaica NY
- How to Get Out of Debt Jamaica NY