{"abstract":"The Bureau of Consumer Financial Protection (Bureau or CFPB) is issuing this final rule to create comprehensive consumer protections for prepaid accounts under Regulation E, which implements the Electronic Fund Transfer Act; Regulation Z, which implements the Truth in Lending Act; and the official interpretations to those regulations. The final rule modifies general Regulation E requirements to create tailored provisions governing disclosures, limited liability and error resolution, and periodic statements, and adds new requirements regarding the posting of account agreements. Additionally, the final rule regulates overdraft credit features that may be offered in conjunction with prepaid accounts. Subject to certain exceptions, such credit features will be covered under Regulation Z where the credit feature is offered by the prepaid account issuer, its affiliate, or its business partner and credit can be accessed in the course of a transaction conducted with a prepaid card.","action":"Final rule; official interpretations.","agencies":[{"raw_name":"BUREAU OF CONSUMER FINANCIAL PROTECTION","name":"Consumer Financial Protection Bureau","id":573,"url":"https://www.federalregister.gov/agencies/consumer-financial-protection-bureau","json_url":"https://www.federalregister.gov/api/v1/agencies/573","parent_id":null,"slug":"consumer-financial-protection-bureau"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2016/11/22/2016-24503.html","cfr_references":[{"chapter":null,"citation_url":null,"part":1005,"title":12},{"chapter":null,"citation_url":null,"part":1026,"title":12}],"citation":"81 FR 83934","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"This rule is effective on October 1, 2017, except for the addition of Sec. 1005.19(b), which is delayed until October 1, 2018.","disposition_notes":null,"docket_ids":["Docket No. CFPB-2014-0031"],"dockets":[],"document_number":"2016-24503","effective_on":"2017-10-01","end_page":84387,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2016/11/22/2016-24503.xml","html_url":"https://www.federalregister.gov/documents/2016/11/22/2016-24503/prepaid-accounts-under-the-electronic-fund-transfer-act-regulation-e-and-the-truth-in-lending-act","images":{"ER22NO16.007":{"large":"https://img.federalregister.gov/ER22NO16.007/ER22NO16.007_large.png","original_size":"https://img.federalregister.gov/ER22NO16.007/ER22NO16.007_original_size.png"},"ER22NO16.008":{"large":"https://img.federalregister.gov/ER22NO16.008/ER22NO16.008_large.png","original_size":"https://img.federalregister.gov/ER22NO16.008/ER22NO16.008_original_size.png"},"ER22NO16.009":{"large":"https://img.federalregister.gov/ER22NO16.009/ER22NO16.009_large.png","original_size":"https://img.federalregister.gov/ER22NO16.009/ER22NO16.009_original_size.png"},"ER22NO16.003":{"large":"https://img.federalregister.gov/ER22NO16.003/ER22NO16.003_large.png","original_size":"https://img.federalregister.gov/ER22NO16.003/ER22NO16.003_original_size.png"},"ER22NO16.004":{"large":"https://img.federalregister.gov/ER22NO16.004/ER22NO16.004_large.png","original_size":"https://img.federalregister.gov/ER22NO16.004/ER22NO16.004_original_size.png"},"ER22NO16.005":{"large":"https://img.federalregister.gov/ER22NO16.005/ER22NO16.005_large.png","original_size":"https://img.federalregister.gov/ER22NO16.005/ER22NO16.005_original_size.png"},"ER22NO16.006":{"large":"https://img.federalregister.gov/ER22NO16.006/ER22NO16.006_large.png","original_size":"https://img.federalregister.gov/ER22NO16.006/ER22NO16.006_original_size.png"},"ER22NO16.010":{"large":"https://img.federalregister.gov/ER22NO16.010/ER22NO16.010_large.png","original_size":"https://img.federalregister.gov/ER22NO16.010/ER22NO16.010_original_size.png"},"ER22NO16.000":{"large":"https://img.federalregister.gov/ER22NO16.000/ER22NO16.000_large.png","original_size":"https://img.federalregister.gov/ER22NO16.000/ER22NO16.000_original_size.png"},"ER22NO16.001":{"large":"https://img.federalregister.gov/ER22NO16.001/ER22NO16.001_large.png","original_size":"https://img.federalregister.gov/ER22NO16.001/ER22NO16.001_original_size.png"},"ER22NO16.002":{"large":"https://img.federalregister.gov/ER22NO16.002/ER22NO16.002_large.png","original_size":"https://img.federalregister.gov/ER22NO16.002/ER22NO16.002_original_size.png"}},"images_metadata":{"ER22NO16.007":{"large":{"identifier":"ER22NO16.007","content_type":"image/png","size":51330,"width":823,"sha":"e4ebe60fd4da9c7b3b17e6a423830a0e","url":"https://img.federalregister.gov/ER22NO16.007/ER22NO16.007_large.png","height":608},"original_size":{"identifier":"ER22NO16.007","content_type":"image/png","size":150991,"width":3757,"sha":"2a39d9efef734bcd327497d83a5e9dfc","url":"https://img.federalregister.gov/ER22NO16.007/ER22NO16.007_original_size.png","height":2775}},"ER22NO16.008":{"large":{"identifier":"ER22NO16.008","content_type":"image/png","size":46450,"width":823,"sha":"2e5ae37c66d837ef8d995201628dc757","url":"https://img.federalregister.gov/ER22NO16.008/ER22NO16.008_large.png","height":606},"original_size":{"identifier":"ER22NO16.008","content_type":"image/png","size":137734,"width":3770,"sha":"6532248ead316e08b48260f13e0bcb0d","url":"https://img.federalregister.gov/ER22NO16.008/ER22NO16.008_original_size.png","height":2775}},"ER22NO16.009":{"large":{"identifier":"ER22NO16.009","content_type":"image/png","size":61128,"width":823,"sha":"05bace9f714c9cb1e55f270b775f94ce","url":"https://img.federalregister.gov/ER22NO16.009/ER22NO16.009_large.png","height":656},"original_size":{"identifier":"ER22NO16.009","content_type":"image/png","size":163098,"width":3483,"sha":"28dfe7dc8028e8ec1a054c2fed22522f","url":"https://img.federalregister.gov/ER22NO16.009/ER22NO16.009_original_size.png","height":2775}},"ER22NO16.003":{"large":{"identifier":"ER22NO16.003","content_type":"image/png","size":67341,"width":823,"sha":"7bc42e4c11ca839234cfda1ace2e170a","url":"https://img.federalregister.gov/ER22NO16.003/ER22NO16.003_large.png","height":608},"original_size":{"identifier":"ER22NO16.003","content_type":"image/png","size":209679,"width":3901,"sha":"63aefbfe248efd1bfdf4ab574c25a433","url":"https://img.federalregister.gov/ER22NO16.003/ER22NO16.003_original_size.png","height":2883}},"ER22NO16.004":{"large":{"identifier":"ER22NO16.004","content_type":"image/png","size":79980,"width":823,"sha":"5ba55b0bc1f3b718696922d6f69084d8","url":"https://img.federalregister.gov/ER22NO16.004/ER22NO16.004_large.png","height":665},"original_size":{"identifier":"ER22NO16.004","content_type":"image/png","size":256435,"width":3901,"sha":"f3562e74712e7b5aa2dcd90c57bdfa76","url":"https://img.federalregister.gov/ER22NO16.004/ER22NO16.004_original_size.png","height":3152}},"ER22NO16.005":{"large":{"identifier":"ER22NO16.005","content_type":"image/png","size":77148,"width":823,"sha":"a84c23878066f42529ecbe406b828052","url":"https://img.federalregister.gov/ER22NO16.005/ER22NO16.005_large.png","height":1000},"original_size":{"identifier":"ER22NO16.005","content_type":"image/png","size":416904,"width":3786,"sha":"94a5baf0b32cbd6a2331cc220c0f8079","url":"https://img.federalregister.gov/ER22NO16.005/ER22NO16.005_original_size.png","height":4600}},"ER22NO16.006":{"large":{"identifier":"ER22NO16.006","content_type":"image/png","size":85611,"width":823,"sha":"ed7f729520a70d17d16021a431af0d4e","url":"https://img.federalregister.gov/ER22NO16.006/ER22NO16.006_large.png","height":993},"original_size":{"identifier":"ER22NO16.006","content_type":"image/png","size":368170,"width":3786,"sha":"aa006fdb41f62c423e2856de5acbd9ce","url":"https://img.federalregister.gov/ER22NO16.006/ER22NO16.006_original_size.png","height":4568}},"ER22NO16.010":{"large":{"identifier":"ER22NO16.010","content_type":"image/png","size":127864,"width":823,"sha":"a1c5b4000e861a34693a566dbf28a2fd","url":"https://img.federalregister.gov/ER22NO16.010/ER22NO16.010_large.png","height":1148},"original_size":{"identifier":"ER22NO16.010","content_type":"image/png","size":776342,"width":3821,"sha":"f1003ed51aae8f16d61924433f347005","url":"https://img.federalregister.gov/ER22NO16.010/ER22NO16.010_original_size.png","height":5333}},"ER22NO16.000":{"large":{"identifier":"ER22NO16.000","content_type":"image/png","size":77151,"width":823,"sha":"4e77f45b25119a3742599de5ee47e6fb","url":"https://img.federalregister.gov/ER22NO16.000/ER22NO16.000_large.png","height":650},"original_size":{"identifier":"ER22NO16.000","content_type":"image/png","size":505376,"width":3653,"sha":"6b47077597c40f2cd5b8499802812054","url":"https://img.federalregister.gov/ER22NO16.000/ER22NO16.000_original_size.png","height":2884}},"ER22NO16.001":{"large":{"identifier":"ER22NO16.001","content_type":"image/png","size":68584,"width":823,"sha":"98b06141c26295c946b02ba70308b17a","url":"https://img.federalregister.gov/ER22NO16.001/ER22NO16.001_large.png","height":741},"original_size":{"identifier":"ER22NO16.001","content_type":"image/png","size":416981,"width":3845,"sha":"00328f3f64a9f16a1f8070d6ddab5750","url":"https://img.federalregister.gov/ER22NO16.001/ER22NO16.001_original_size.png","height":3463}},"ER22NO16.002":{"large":{"identifier":"ER22NO16.002","content_type":"image/png","size":74782,"width":821,"sha":"7a1ed6100bafd4823bed1274d5a77465","url":"https://img.federalregister.gov/ER22NO16.002/ER22NO16.002_large.png","height":819},"original_size":{"identifier":"ER22NO16.002","content_type":"image/png","size":466547,"width":3848,"sha":"c5c06196c6d92a586742682e29ee01f9","url":"https://img.federalregister.gov/ER22NO16.002/ER22NO16.002_original_size.png","height":3837}}},"json_url":"https://www.federalregister.gov/api/v1/documents/2016-24503?publication_date=2016-11-22","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2016-11-22/2016-24503/mods.xml","not_received_for_publication":null,"page_length":454,"page_views":{"count":29979,"last_updated":"2026-04-24 16:15:04 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2016-11-22/pdf/2016-24503.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2016-24503.pdf?1479735933","publication_date":"2016-11-22","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2016/11/22/2016-24503.txt","regulation_id_number_info":{"3170-AA22":{"issue":"201610","html_url":"https://www.federalregister.gov/regulations/3170-AA22/prepaid-accounts-under-the-electronic-fund-transfer-act-regulation-e-and-the-truth-in-lending-act-re","title":"Prepaid Accounts Under the Electronic Fund Transfer Act (Regulation E) and the Truth in Lending Act (Regulation Z)","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=201610&RIN=3170-AA22&operation=OPERATION_EXPORT_XML","priority_category":"Other Significant"}},"regulation_id_numbers":["3170-AA22"],"regulations_dot_gov_info":{"supporting_documents":[],"comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=CFPB_FRDOC_0001","supporting_documents_count":0,"docket_id":"CFPB_FRDOC_0001","regulation_id_number":null,"title":"Recently Posted CFPB Rules and Notices.","checked_regulationsdotgov_at":"2016-12-12T06:00:18Z"},"regulations_dot_gov_url":null,"significant":true,"signing_date":null,"start_page":83934,"subtype":null,"title":"Prepaid Accounts Under the Electronic Fund Transfer Act (Regulation E) and the Truth In Lending Act (Regulation Z)","toc_doc":"Prepaid Accounts under the Electronic Fund Transfer Act and the Truth in Lending Act","toc_subject":null,"topics":["Advertising","Consumer protection","Credit","Credit unions","Electronic funds transfers","Mortgages","National banks","Reporting and recordkeeping requirements","Savings associations","Truth in lending"],"type":"Rule","volume":81}