What You Need to Know

Welcome to CardPolicyInfo.com

As a result of the Credit Card Accountability, Responsibility and Disclosure Act of 2009 ("CARD Act"), the credit card marketplace is undergoing fundamental transformation.  This landmark law changes the credit card business model and reshapes the way consumers have access to and use their credit cards.

The industry itself has moved aggressively to implement these new rules as their effective dates have arrived.  Further adjustments can be expected as both credit card issuers and consumers become more familiar with the new rules, as the economy struggles to regain its footing, and as competing market forces and consumer choices continue to drive innovation.

CARD Act Highlights

On August 22, 2010, the final provisions of the Credit Card Accountability, Responsibility, and Disclosure Act of 2009 went into effect providing credit card customers with:

  • greater protections from interest increases
  • restricting certain fees
  • streamlining billing practices
  • significantly improving disclosures
  • imposing additional safeguards for young adults

These new rules signal the start of a new era of empowerment for card customers.

Read the CARD Act. Read more on our Laws/Regs page.

Credit Card Interest Rates

Average Interest Rates 1995-Present
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Card Policy Info is designed as a resource for consumers, policy experts, and members of the media who want to learn more about the new landscape for credit cards and what it means for the millions of consumers and small businesses that rely on credit cards every day.