This bill requires credit card issuers to provide prior notification to consumers before making a change in the issuer or servicer of a consumer credit card. The notification must be provided at least 90 days before the effective date of the change.

The bill adds a new section to RSA 358-K, which requires the creditor to provide notification to all holders of the credit card in the state at least 90 days before the change in issuer or servicer takes effect. The effective date of the bill is 60 days after its passage.