Paying With Plastic Whitestone 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
516-328-1087
550 Franklin Ave
Franklin Square, NY
Capital One
914-925-6701
57 Purchase St
Rye, NY
TD Bank
(718) 464-2183
188-10 Hillside Avenue
Hollis, NY
Bank of America - Crown Heights
800.432.1000
781 Eastern Parkway
Brooklyn, NY
TD Bank
973-478-0193
351 Midland Avenue
Garfield, NJ
Chase Bank
(845) 359-3111
80 Old Tappan Rd
Tappan, NY
Capital One
516-869-9330
1615 Northern Blvd Suite 102
Manhasset, NY
Chase Bank
(201) 666-7886
499 Broadway
Westwood, NJ
Wells Fargo - Cliffside Park
201-840-7919
650 Anderson Ave
Cliffside Park, NJ
Bank of America - Kings Highway
800.432.1000
465 Kings Hwy
Brooklyn, 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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