All out-of-state financial institutions who issue credit cards to Iowa residents must register with the state, provide a copy of the credit agreement and pay a registration fee.
Code Citation IC 536C
Who Applies Any lender credit card issuing entity must register with the State of Iowa to provide credit cards to residents of this state.
When To Apply Registration must be completed before the lender credit card issuer begins operations in Iowa.
Initial Requirements None.
Duration One year.
Processing Time 60 days.
Fee Structure Annual Registration: $50
Renewal Requirements Does not pertain.
Exam Does not pertain.
Additional Information None.
Service Category
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