RATE FOR LENDER CREDIT CARD AGREEMENT WITH MERCHANT DISCOUNT.

Tex. FIN Code § 303.014.
in effect
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On an amount owed for a credit card transaction under a lender credit card agreement that imposes or allows the creditor to receive a merchant discount, the creditor may not contract for, charge, or receive: (1) a rate that exceeds the ceiling provided under Section 303.006 (c); or (2) a fee or charge that: (A) is not allowed under Chapter 346 ; or (B) exceeds the amount allowed under Chapter 346 . Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.18(a), eff. Sept. 1, 1999.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

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