Paying With Plastic South Richmond Hill 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) 794-0061
1324 York Ave
New York, NY
Capital One
718-326-2005
74-11 Metropolitan Ave
Middle Village, NY
Bank of America - Third Avenue/42nd Street
212.867.9546
675 Third Avenue
New York, NY
Citizens Bank - Hempstead SS
516-505-4700
132 Fulton Ave.
Hempstead, NY
Bank of America - Rutherford
800.432.1000
8 Park Ave
Rutherford, NJ
HSBC Bank
1.800.975.HSBC (4722)
Behind Macy'S 1499 West Ave
Bronx, NY
Capital One
718-431-2980
4612 13Th Ave
Brooklyn, NY
TD Bank
(718) 888-0129
56-50 Main Street
Flushing, NY
Wells Fargo - Rockefeller Plaza
212-445-6300
49 Rockefeller Plz
New York, NY
Bank of America - Journal Square
800.432.1000
12 Path Plaza
Jersey City, NJ

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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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