Comment for 1026.52 - Limitations on Fees
Assume that, on July 1 of year one, a card issuer approves a consumer's application for a credit card
- 1026 (Regulation Z)
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Assume that, on July 1 of year one, a card issuer approves a consumer's application for a credit card
Section 1026.52(b)(1)(i) does not require a card issuer to base a fee on the costs incurred as a result
On April 3, the card issuer provides a periodic statement disclosing that a $20 required minimum periodic
Section 1026.58(c)(4) requires a card issuer to notify the Bureau if any agreement previously submitted
For purposes of this section, an account is an “open account” or “open credit card account” if it is
The card issuer shall disclose orally the information in paragraphs (b)(1) through (7) and (b)(14) of
Use of a credit card to obtain a cash advance, even if the consumer then uses the money to purchase goods
When a card issuer considers increasing the credit line on an existing account, § 1026.51(a) applies
Charge card accounts.
(i) If a card issuer discloses an increased annual percentage rate, fee, or charge pursuant to §
purposes of this section, the term “over-the-limit transaction” means any extension of credit by a card
A request or application for a card must be explicit.
A card issuer is deemed to offer a credit card agreement to the public even if the terms of the agreement
A card issuer does not comply with § 1026.52(b) if it imposes a fee that is inconsistent with the
1026.52(b)(2)(i), the dollar amount associated with declining payment on a check that accesses a credit card
except that the required minimum periodic payment due on May 25 of year one is not received by the card
-(v), including the requirements to provide notice and obtain consumer consent, do not apply to any card
Credit card accounts in connection with prepaid accounts.
A card issuer assesses a $15 fee for credit drawn from a covered separate credit feature using a hybrid
Covered separate credit feature accessible by hybrid prepaid-credit card.
Changes to the card issuer's corporate name, logo, or tagline.
A card issuer may include in the tabular disclosure provided pursuant to § 1026.9(b)(3) disclosures
The offset prohibition applies to any indebtedness arising from transactions under a credit card plan
If a credit card account under an open-end (not home-secured) consumer credit plan with a balance is
A card issuer may contact a consumer who has not been preapproved for a card account about opening an