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Grace Period Credit Cards

Husch Blackwell LLP

New York's Credit Card Rewards Grace Period Requirement Is Now Effective

Husch Blackwell LLP on

After a two-year waiting period, a New York law requiring notice of certain credit card account and rewards program changes and a 90-day grace period to use credit card rewards has become effective. See N.Y. Gen. Business Law...more

Troutman Pepper

New York Law Requiring Grace Period for Use of Credit Card Rewards Points Goes Into Effect End of this Year

Troutman Pepper on

On December 10, 2023, New York General Business Law ยง 520-e requiring a grace period for the use of credit card rewards points will go into effect. Specifically, the legislation provides that if any credit card rewards...more

Ballard Spahr LLP

New York delays effective date of law requiring credit card rewards points grace period

Ballard Spahr LLP on

Earlier this year, New York delayed the effective date of its new law requiring card issuers to provide a grace period for using credit card rewards points that was slated to be effective later this week....more

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