Paying With Plastic New Paltz 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

Bank of America - Kingston
800.432.1000
451 Washington Ave
Kingston, NY
TD Bank
845-229-2675
4240 Albany Post Road
Hyde Park, NY
Citizens Bank - Red Oaks Mill
845-462-7300
32 Vassar Road
Poughkeepsie, NY
TD Bank
845-565-4001
800 Broadway
Newburgh, NY
Citizens Bank - Beacon
845-831-8100
364 Main Street
Beacon, NY
Chase Bank
(845) 831-4285
404 Main St
Beacon, NY
Bank of America - Montgomery
800.432.1000
21 Union St
Montgomery, NY
TD Bank
845-297-4127
1850 S Road
Wappingers Falls, NY
Citizens Bank - Vails Gate
845-562-1510
406 Route 32
Vails Gate, NY
Citizens Bank - Newburgh / Midtown
845-565-6650
456 Broadway
Newburgh, 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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