# 119-s-3660: Credit Card Fairness Act

119-s-3660, Credit Card Fairness Act, is a 119th Congress bill sponsored by Sen. Fetterman, John [D-PA] (D-PA); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-s-3660
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-3660
- Congress: 119
- Title: Credit Card Fairness Act
- Status: introduced
- Introduced: 2026-01-15
- Sponsor: Sen. Fetterman, John [D-PA] (D-PA)
- Cosponsors: 5
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Cap late fees for large credit card issuers.** This bill would limit how much big credit card companies can charge for late payments and tie allowed fees to the issuer's actual costs. - Families and consumers: Cardholders would face lower late fees on many accounts because fees from large issuers would be capped at $8 and must reflect issuer costs. - Large credit card issuers: Any issuer with 1 million or more open accounts would be subject to the $8 limit and a Bureau review that prevents fees from exceeding measured costs. - Regulators: The Consumer Financial Protection Bureau must publish the research behind its proposed rules before notice and comment and may update the cap using the Consumer Price Index for All Urban Consumers. - Courts and challengers: Any legal challenge to the new fee rules or Bureau decisions must be filed in the U.S. District Court for the District of Columbia.

## Cosponsors (5)

- Sen. Booker, Cory A. [D-NJ] (D-NJ), 2026-01-15T00:00:00.000Z
- Sen. Baldwin, Tammy [D-WI] (D-WI), 2026-01-15T00:00:00.000Z
- Sen. Smith, Tina [D-MN] (D-MN), 2026-01-29T00:00:00.000Z
- Sen. Schatz, Brian [D-HI] (D-HI), 2026-02-12T00:00:00.000Z
- Sen. Blumenthal, Richard [D-CT] (D-CT), 2026-02-25T00:00:00.000Z

## Provisions PRIA read

- Lower late fees for big card issuers: mixed, low. This bill would cap late fees charged by a "large credit card issuer" at $8 when enacted. A "large" issuer is one with 1,000,000 or more open accounts in the prior year. The CFPB could raise the cap later by no more than the percent change in the CPI‑U. The bill would also require the CFPB to publi…

## Related bills

- 119-s-5066: Health Equity and Accountability Act of 2026
- 119-s-2823: FAMILY Act
- 119-s-3869: Healthy Families Act
- 119-s-51: Washington, D.C. Admission Act
- 119-s-5108: Right to IVF Act of 2026
- 119-s-1503: Equality Act

## Sources
- [119-s-3660 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/3660)

## Related
- [119-s-5066: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-s-5066)
- [119-s-2823: FAMILY Act](https://policyrisk.com/legislation/119-s-2823)
- [119-s-3869: Healthy Families Act](https://policyrisk.com/legislation/119-s-3869)
- [119-s-51: Washington, D.C. Admission Act](https://policyrisk.com/legislation/119-s-51)
- [119-s-5108: Right to IVF Act of 2026](https://policyrisk.com/legislation/119-s-5108)
- [119-s-1503: Equality Act](https://policyrisk.com/legislation/119-s-1503)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-3660 (as of 2026-04-21).