While credit card agreements can be long and complex, you need to know what you`re suitable for when using your credit card. Finally, it is a legally binding agreement. Federal law requires all credit card issuers with more than 10,000 credit card accounts to list a copy of their credit card contracts online. Your credit card issuer must also provide you with a copy of the credit card contract for your account if you request it. To request a copy of your credit card contract by phone, call us at 1-800-253-2265 – 24 hours a day, 7 days a week. To request a copy of your account contract or ask other questions about your credit card account, credit card agreements are not the easiest to read. A 2018 Science Direct study found that the average credit card agreement was written on a class 8 to 9 years above the average U.S. reading level. More complex credit card agreements have been accompanied by higher financing fees. Get a copy of your contract by email by sending a request below. A credit card is more than just a piece of plastic that allows you to spend money.
This is a way to access the credit limit that the card issuer has agreed to allow you to borrow. Your account contains certain provisions that you must comply with if you want to continue using your credit card and to prevent your balance from being affected. Your credit card rules are outlined in your credit card contract, a type of contract that describes credit card conditions, conditions, prices and penalties. Finally, the Consumer Financial Protection Bureau has a database containing generic credit card agreements of more than 300 credit card issuers. View new account agreements using the links provided. To request a copy of your existing account contract, call the number on the back of your card. The credit card agreement lists credit card price information indicating when and how interest and fees are charged on your credit card. At a minimum, your credit card contract must be listed: Choose a model card contract The model card contracts below contain terms and conditions, interest rates and fee information based on our latest credit card offers for consumers.