Paying With Plastic Ridgewood 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
(914) 636-0933
45 Quaker Ridge Rd
New Rochelle, NY
Capital One
973-735-0120
487 Springfield Ave
Newark, NJ
TD Bank
201-242-1371
303 Broad Avenue
Palisades Park, NJ
Bank of America - 350 Fulton Street
718.875.2529
350 Fulton Street
Brooklyn, NY
Bank of America - Glen Ridge Drive Up
800.432.1000
726 Bloomfield Ave
Glen Ridge, NJ
Chase Bank
(718) 229-5000
41-22 Bell Blvd
Bayside, NY
Capital One
718-897-6001
95-25 Queens Blvd
Rego Park, NY
TD Bank
(908) 241-1475
37 Saint George Avenue
Roselle, NJ
Wells Fargo - Fort Lee Inwood
201-947-8900
1365 Inwood Ter
Fort Lee, NJ
Bank of America - Newark Avenue
800.432.1000
774 Newark Ave
Elizabeth, NJ

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 Ridgewood 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 Ridgewood NY
- How to Get Out of Debt Ridgewood NY
- Paying off Your Debt Ridgewood NY
- Paying for College During a Recession Ridgewood NY
- Refinancing Home Mortgage Ridgewood NY