Paying With Plastic Mahopac 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
(845) 268-4555
56 Lake Rd
Congers, NY
Bank of America - Mill Plain
203.797.2137
26 Mill Plain Rd
Danbury, CT
Bank of America - Chappaqua
800.432.1000
91 S. Greeley Ave
Chappaqua, NY
Wells Fargo - Katonah
914-232-8141
262 Katonah Ave
Katonah, NY
Wells Fargo - Shrub Oak
914-528-7007
1342 E Main St
Shrub Oak, NY
HSBC Bank
1.800.975.HSBC (4722)
5 Corners 119 Temple Hill Rd
New Windsor, NY
TD Bank
(845) 429-2164
82 S Liberty Drive
Stony Point, NY
Bank of America - Broadway
800.432.1000
385 Broadway
Newburgh, NY
Bank of America - Mount Kisco
914.242.0371
35 South Moger Avenue
Mount Kisco, NY
Wells Fargo - Cortlandt
914-271-6214
5 Baltic Place
Croton On Hudson, 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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