Paying With Plastic Spring Valley 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) 941-3700
21 Spring Streeet
Ossining, NY
Capital One
201-847-2482
840 Franklin Ave
Franklin Lakes, NJ
Capital One
914-668-5800
510 Gramatan Ave
Mount Vernon, NY
Bank of America - Allerton Avenue
718.732.3970
700 Allerton Avenue
Bronx, NY
Wells Fargo - Croton
914-271-6216
50 Maple St
Croton On Hudson, NY
HSBC Bank
1.800.975.HSBC (4722)
Corner Fordham And Jerome One East Fordham Rd
Bronx, NY
Chase Bank
(718) 325-6161
725 E 233rd St
Bronx, NY
Capital One
718-994-1900
4201 White Plains Rd
Bronx, NY
Wells Fargo - Bogota
201-587-7471
75 W Main St
Bogota, NJ
Bank of America - Tenafly
800.432.1000
26 W. Railroad Ave
Tenafly, 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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