{"identifier":"/us/usc/t15/s1666i\u20132","title":15,"num":"\u00a7\u202f1666i\u20132.","heading":"Additional limits on interest rate increases","text":"\u00a7\u202f1666i\u20132.\nAdditional limits on interest rate increases\n(a)\nLimitation on increases within first year\nExcept in the case of an increase described in paragraph (1), (2), (3), or (4) of\nsection 1666i\u20131(b) of this title\n(b)\nPromotional rate minimum term\nNo increase in any annual percentage rate applicable to a credit card account under an open end consumer credit plan that is a promotional rate (as that term is defined by the Bureau) shall be effective before the end of the 6-month period beginning on the date on which the promotional rate takes effect, subject to such reasonable exceptions as the Bureau may establish, by rule.","url":"https://projectusc.org/usc/t15/s1666i\u20132.html","content":[{"t":"sec","id":"/us/usc/t15/s1666i\u20132","children":[{"t":"num","text":"\u00a7\u202f1666i\u20132."},{"t":"heading","text":"Additional limits on interest rate increases"},{"t":"subsec","id":"/us/usc/t15/s1666i\u20132/a","children":[{"t":"num","text":"(a)"},{"t":"heading","text":"Limitation on increases within first year"},{"t":"content","children":[{"t":"p","text":"Except in the case of an increase described in paragraph (1), (2), (3), or (4) of ","children":[{"t":"ref","text":"section 1666i\u20131(b) of this title","href":"/us/usc/t15/s1666i\u20131/b","tail":", no increase in any annual percentage rate, fee, or finance charge on any credit card account under an open end consumer credit plan shall be effective before the end of the 1-year period beginning on the date on which the account is opened."}],"tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"subsec","id":"/us/usc/t15/s1666i\u20132/b","children":[{"t":"num","text":"(b)"},{"t":"heading","text":"Promotional rate minimum term"},{"t":"content","children":[{"t":"p","text":"No increase in any annual percentage rate applicable to a credit card account under an open end consumer credit plan that is a promotional rate (as that term is defined by the Bureau) shall be effective before the end of the 6-month period beginning on the date on which the promotional rate takes effect, subject to such reasonable exceptions as the Bureau may establish, by rule.","tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"text","text":"\n"},{"t":"text","text":"\n"}]}]}