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Is a HELOC access card considered a credit card under Reg Z? I am finding conflicting info. This would be a card that accesses the HELOC directly. So, I am at a gas station and use it to pay (just like a debit or credit card) and it directly draws on my HELOC.
The term “credit card” means any card, plate, or other single credit device that may be used from time to time to obtain credit. A card that accesses a HELOC is a credit card. The rules for a HELOC and for an open-end (not home-secured) plans differ. That difference may be the source of your confusion.
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