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CFPB RIN: 3170-AA21 Publication ID: Spring 2013 
Title: Credit Card Pre-Opening Account Fees (Regulation Z) 
Abstract: Regulation Z generally limits the total amount of fees that a credit card issuer may require a consumer to pay with respect to an account during the first year after account opening to 25 percent of the credit limit in effect when the account is opened. In April 2011, the Board of Governors of the Federal Reserve System further amended Regulation Z to extend the limitation to include fees the consumer is required to pay prior to account opening. In September 2011, the U.S. District Court for South Dakota issued a preliminary injunction preventing this amendment from taking effect. In June 2012 the CFPB proposed a regulation to amend Regulation Z to apply the 25 percent limitation only during the first year after account opening. On March 28, 2013, the CFPB published a final rule. 
Agency: Consumer Financial Protection Bureau(CFPB)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: uncollected 
CFR Citation: 12 CFR 1026.52   
Legal Authority: 15 USC 1604(a)   
Legal Deadline:  None
Action Date FR Cite
NPRM  04/12/2012  77 FR 21875   
NPRM Comment Period End  06/11/2012 
Final Rule  03/28/2013  78 FR 18795   
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Related RINs: Related to 7100-AD55 
Agency Contact:
Stephen Shin
Office of Regulations
Consumer Financial Protection Bureau
Phone:202 435-7700