Paying With Plastic Springfield Gardens 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) 830-0601
97-41 Queens Blvd
Rego Park, NY
Capital One
212-279-5630
370 7Th Ave
New York, NY
Capital One
718-829-6600
1941 Williamsbridge Rd
Bronx, NY
Bank of America - 800 Sixth Avenue
212.684.1541
800 Avenue of the Americas
New York, NY
Bank of America - Syosset
800.432.1000
18 Jackson Ave
Syosset, NY
HSBC Bank
1.800.975.HSBC (4722)
Westchester Av.& Manor Av 1580 Westchester Ave
Bronx, NY
Chase Bank
(718) 476-6600
59-26 Woodside Ave
Woodside, NY
Capital One
516-569-8822
466 Central Ave
Cedarhurst, NY
Wells Fargo - Jersey City Newport
201-795-7239
145 Thomas Gangemi Dr
Jersey City, NJ
Wells Fargo - Garden City
516-535-1560
1001 Franklin Ave Ste 100
Garden City, NY

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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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