Paying With Plastic Rockville Centre 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
(212) 491-9217
330 W 145th St
New York, NY
Capital One
212-712-1560
215 West 91St Street
New York, NY
Bank of America - Delancey and Ludlow
212.253.5974
92 Delancey Street
New York, NY
Bank of America - Saint Albans
800.432.1000
20502 Linden Blvd
Saint Albans, NY
Jeffrey Lewis, CFP, ChFC
7 White Deer Court
Huntington, NY
HSBC Bank
1.800.975.HSBC (4722)
Corner Fordham And Jerome One East Fordham Rd
Bronx, NY
Chase Bank
(212) 675-4660
204 W 4th St
New York, NY
Capital One
718-827-3100
3345 Fulton St
Brooklyn, NY
Bank of America - 145th Street and Frederick Douglas
646.393.3540
301 West 145th Street
New York, NY
Bank of America - Pelham Parkway
800.432.1000
2198 White Plains Rd
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 Rockville Centre 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.
- How to Get Out of Debt Rockville Centre NY
- Paying for College During a Recession Rockville Centre NY
- Credit Repair Self Help Rockville Centre NY
- Paying off Your Debt Rockville Centre NY
- Refinancing Home Mortgage Rockville Centre NY