Credit card penalty fees
Resources to help industry understand and comply with the credit card penalty fees final rule.
Featured topic
On March 5, 2024, the CFPB issued the credit card penalty fees final rule to better ensure that penalty fees charged by certain card issuers are reasonable and proportional as required under the Truth in Lending Act.
Rule
Browse the rule to review changes to penalty fees in Regulation Z.
Regulations and official interpretations
Browse Regulation Z (12 CFR 1026) on: Interactive Bureau Regulations | eCFR
The rule provisions specific to penalty fees and official interpretations can be found in:
- § 1026.52(b)(1)(i), Fee based cost
- § 1026.52(b)(1)(ii), Safe harbor
- § 1026.52(b)(1)(ii)(D), Annual inflation adjustments
- § 1026.52(b)(2)(i)(A), Fees that exceed the dollar amount associated with the violation
Stay informed
Sign up for updates about regulatory compliance resources or guidance specific to credit card topics.
Quick references
Executive summary of the credit card penalty fees rule
Forms
Downloadable versions of the model forms and clauses that were published in the final rule.