Does Reg Z have rules concerning preferred rates (rates will increase upon the occurrence of a specific event such as auto-pay discontinued) for open-end credit? I'm fairly familiar with the closed-end rules.

Refer to 1026.6(b)(2)(i)(D)

Thank you.

It's interesting that that is just for open-end not home secured and only specifically calls out employee preferential rates. It seems odd to lump these under "Penalty rates." Any ideas why the closed-end rules seem more encompassing?

I suppose for HELOCs 1026.6(a)(1)(ii) which requires variable rate information would include preferential rate information.