Paying With Plastic New York 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
(718) 297-5371
184-01 Hillside Ave
Jamaica, NY
Capital One
201-626-2436
525 Washington Blvd- 1St Fl
Jersey City, NJ
Wells Fargo - Jersey City Downtown
201-413-6607
101 Hudson St
Jersey City, NJ
Bank of America - Third Avenue/42nd Street
212.867.9546
675 Third Avenue
New York, NY
TD Bank
973-675-3831
394 Scotland Road
Orange, NJ
Chase Bank
(212) 533-1652
20 Ave A E 2nd
New York, NY
Chase Bank
(718) 944-7964
3514 White Plains Rd
Bronx, NY
Capital One
516-791-6000
5 Green Acres Rd
Valley Stream, NY
Bank of America - Fashion Avenue
212.704.7075
515 Seventh Ave
New York, NY
Bank of America - Great Neck
516.482.1933
10 Middle Neck Rd
Great Neck, NY

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
- How to Get Out of Debt New York NY
If you are suffering from too much debt and can not pay your monthly bills then you need to find a solution that will help you pay off your debt. Managing debt can be difficult and it is easier than ever to accumulate more debt than we can afford so you need to follow some simple steps to stay out of debt and reduce the amount of money you owe creditors.
- Refinancing Home Mortgage New York NY
- Credit Repair Self Help New York NY
- Paying off Your Debt New York NY
- Pay Day Loan New York NY
- Paying for College During a Recession New York NY