Requires credit card issuers to provide cardholders with at least thirty days' notice before closing, cancelling, or terminating their accounts.

New York A08744 amends the general business law to mandate that credit card issuers must give cardholders at least thirty days' written notice via email, text message, or written letter before closing, cancelling, or terminating their accounts. This notice is required unless the action is due to fraud, misuse, identity theft, unauthorized use, delinquency, default, bankruptcy, insolvency, receivership, death, legal incapacity, inability to repay, or a governmental directive.

Requires credit card issuers to provide cardholders with at least thirty days' notice before closing, cancelling, or terminating their accounts.

New York A08744 amends the general business law to mandate that credit card issuers must give cardholders at least thirty days' written notice via email, text message, or written letter before closing, cancelling, or terminating their accounts. This notice is required unless the action is due to fraud, misuse, identity theft, unauthorized use, delinquency, default, bankruptcy, insolvency, receivership, death, legal incapacity, inability to repay, or a governmental directive.