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ImCalvin wrote, is there any requirement by law about consumer protection through the use of credit cards or does it vary from card to card

To which you replied, Actually, this is the law. It's part of Regulation Z, also known as Truth in Lending (12 CFR 226).

Exactly! Which means that every credit card company that does business in these United States has terms that are at least as good as those offered under this clause in the Discover Card contract because they all have to offer at least this amount of protection.

- Joel
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