The Credit Card Accountability,Responsibility,and Disclosure (CARD)Act established fee caps for cards.Card fees cannot total more than ________ of the initial credit limit.

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The Credit Card Accountability, Responsibility, and Disclosure (CARD) Act of 2009 established that card fees cannot total more than 25 percent of the initial credit limit during the first year of account opening. This regulation was put in place to protect consumers from excessive fees.

The Credit Card Accountability,Responsibility,and Disclosure (CARD)Act Established Fee Caps for Cards.Card