Paying With Plastic Long Beach 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) 756-5676
138 Hillside Ave
Williston Park, NY
Bank of America - Jackson Heights
347.665.0952
37-41 82nd Street
Jackson Heights, NY
Bank of America - Jamaica
718.739.0358
9116 168th St
Jamaica, NY
Bank of America - Kings Highway
800.432.1000
465 Kings Hwy
Brooklyn, NY
HSBC Bank
1.800.975.HSBC (4722)
Corner Of Grand & Allen 307 Grand Street
New York, NY
Chase Bank
(516) 783-4193
3875 Merrick Rd
Seaford, NY
TD Bank
(516) 481-0087
690 Hempstead Turnpike
Franklin Square, NY
Bank of America - 1580 Flatbush
718.338.3948
1580 Flatbush Avenue
Brooklyn, NY
Bank of America - Jericho
800.432.1000
479 North Broadway
Jericho, 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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