When is a credit card issuer required to disclose the terms and conditions of a credit card?

In the state of Montana, credit card issuers are required to disclose the terms and conditions of a credit card when the card is issued. This disclosure must be made in writing and must include certain information. It must include the annual percentage rate (APR), fees, rewards, grace period, dispute resolution information, and credit limit. It must also include information about the customer’s right to cancel the card at any time and the consequences of doing so. The credit card issuer must also provide the customer with a copy of the terms and conditions of the card upon request. It is important for consumers to carefully review these terms and conditions before they accept the card so that they are aware of the interest and fees that they may be responsible for. Additionally, it is important for the consumer to be aware of their rights under the credit card law, which can help protect them in the event of a dispute or misunderstanding.

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When is a credit card issuer required to disclose the terms and conditions of a credit card?

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