Credit Card Accountability Responsibility & Disclosure Act

 

New laws, including the Credit Card Accountability Responsibility & Disclosure Act (also known as the CARD Act of 2009) and revisions to Truth in Lending, have been passed to give you increased protection in the consumer credit card market.

Here are some of the ways the CARD Act of 2009 will affect your Citi consumer credit card account:

Enhancements to your monthly credit card statement


More advance notice of account changes

Limitations on interest rate changes

More time to review your statement

Predictable due date.

Pay-by-phone without a fee.

Amounts over the Minimum Payment Due are generally used to pay off higher rate balances first.

No over-credit limit fees.

Special Rules for those under 21.

Easy access to card agreements.

What can I do to get more information?