Paying With Plastic Staten Island 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

Capital One
718-956-6190
22-04 31St St
Astoria, NY
Bank of America - Avenue U & East 21st Street
718.332.4179
2022 Avenue U
Brooklyn, NY
Bank of America - Livingston Avenue
800.432.1000
609 Livingston Ave
New Brunswick, NJ
Bank of America - Harlem East
800.432.1000
157 E. 125th St.
New York, NY
TD Bank
973-815-1522
155 Jefferson Street
Passaic, NJ
Chase Bank
(212) 622-5180
633 Third Ave
New York, NY
TD Bank
(646) 505-1118
2109 Broadway
New York City, NY
Citizens Bank - Forest Hills SS
718-441-3225
8989 Union Turnpike
Glendale, NY
Bank of America - Quincy Street
800.432.1000
880 Quincy St
Brooklyn, NY
Bank of America - Maplewood Annex
800.432.1000
1040 Chancellor Ave
Maplewood, 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!.


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