Paying With Plastic Mineola 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)
Corner Of 39Th Street 605 3Rd Ave
New York, NY
Chase Bank
(516) 921-4952
7977 Jericho Tpke
Woodbury, NY
Capital One
212-239-2400
1 Penn Plaza
New York, NY
Bank of America - Chinatown Bayard
212.406.4711
50 Bayard St
New York, NY
Jeffrey Lewis, CFP, ChFC
7 White Deer Court
Huntington, NY
HSBC Bank
1.800.975.HSBC (4722)
Route 135 603 Jericho Turnpike
Syosset, NY
Chase Bank
(516) 365-4701
2111 Northern Blvd
Manhasset, NY
Capital One
212-279-5630
370 7Th Ave
New York, NY
Capital One
718-821-4600
315 Wyckoff Ave
Brooklyn, NY
Bank of America - Woodlawn Heights
800.432.1000
4361 Katonah Ave
Bronx, NY
Data Provided by:
  

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 Mineola 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.
- Credit Repair Self Help Mineola NY
- Paying for College During a Recession Mineola NY
- Refinancing Home Mortgage Mineola NY
- Paying off Your Debt Mineola NY
- How to Get Out of Debt Mineola NY