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1. Is it advisable (or even legal) to store credit card information in an ecrypted ACCDB?
In general, legality is a matter of jurisdiction in the USA. However, I would say that it is probably NOT advisable for a pure Access solution. If you had an Access FE and the encrypted stuff was in a back-end that provided some encryption, you might be OK. There IS such a thing as Encrypted SQLnet.
2. Is it acceptable in most jurisdictions to use encrypted ACCDBs for patient health records, which are privacy-protected by law?
In the USA, the HIPAA records must be kept according to strict standards. I don't recall that you can make Access use 256-bit encryption and probably cannot choose which of the many encryption algorithms you will use. That would be a barrier. The government standard is going to be one of the block-chain ciphers (of which there are several) and will certainly be of the 256-bit variety. (Which for encryption is the length of the chosen encryption key.) So offhand, I'd say no to medical records, too.