« FinCEN Issues Final Beneficial Ownership Rules | Main | New Banker Engagement Site through FDICconnect »
Sunday
Dec172023

What's New? NYS New Consumer Protection Law for Credit Card Customers

DateSunday, December 17, 2023 at 3:50PM by AuthorBanking Spectrum
A new law requires credit card companies to provide consumers a 90-day grace period to use up any points when rewards accounts are closed. Starting Sunday, December 10, 2023,  credit card companies must take additional steps to protect consumers from losing accrued points when rewards programs are modified or terminated. Read more under Credit Card Rewards in the New York Compliance section of The Gold Book.
CommentPost a Comment Print ArticlePrint Article
Archived In:

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>

Notify me of follow-up comments via email.