[kvet18]

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.

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[jholzknecht]

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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