The third and final phase of the Credit Card Accountability Responsibility and Disclosure (CARD) Act will be going into effect on August 22, 2010 but many banks are trying to beat the legislation to the punch. Included in this phase of the legislation will be new rules regarding how gift cards are processed and how [...]
Filed under: Banking | Tagged: bank fees, CARD Act, consumer finances, consumer protection, overdraft protection | Leave a Comment »