This law caps how much credit card companies can charge for fees, so they are "reasonable and proportional."

card taking away cash

There are now limits on late fees. Caps are subject to change. Over-the-limit fees were ended all together so long as the card holder does not opt-in to having them. So make sure you read the fine print.

Sources:

sources

https://www.ftc.gov/legal-library/browse/statutes/credit-card-accountability-responsibility-disclosure-act-2009-credit-card-act

https://www.forbes.com/advisor/credit-cards/what-is-the-card-act-of-2009/