Christine ran her own business developing and managing insurance and financial services. This stoked a passion for points and miles and she now has over 2 dozen credit cards and creates in-depth, deta...
Edited by: Juan Ruiz
Juan has been involved in credit cards, loyalty, travel, and personal finance for more than 10 years. He has worked for several outlets including The Points Guy and Forbes and was previously Editor-in...
& Kellie Jez
Kellie’s professional experience has led her to a deep passion for compliance, data reporting, and process improvement. Kellie’s learned the ins and outs of the points and miles world and leads UP’s c...
2 comments
Catherine
June 13, 2021
Thanks, Christine, for a great article! Does AmEx voluntarily add CARD Act protections to all of its business cards? If so, are these protections equal to the CARD Act protections consumers receive? Which issuers are voluntarily adding CARD Act protections to their business cards? Thanks in advance for your reply! : )
Christine Krzyszton
June 16, 2021
Thank you for reading Catherine. Although the CARD act does not apply to business cards, there is an easy way to compare cards and the associated rates, fees, and protections. The legally required Schumer Box (named after the senator who sponsored the legislation) must be displayed by each card issuer when offering any credit card. The box discloses all of the fees, interest rates, and terms/conditions for the card. You will find this box by clicking on a link that says “rates and fee”, “account terms”, or a similar title.
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