Agreements as filed with the CFPB. Not an offer of credit. How we read them
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Arrowhead Credit Union

Visa Credit Card Rate Disclosure

The filed agreement discloses a purchase APR of 9.99%–24.99%. Below: every term the document states, what it leaves out, and how the cost compares with the rest of the database.

Disclosed rates and fees

Every figure below was read from this issuer's filed agreement. Anything the filing does not state is left out of this table rather than shown as zero.

Terms as disclosed in the filed agreement for Visa Credit Card Rate Disclosure
Purchase APR9.99%–24.99% (variable)
Balance transfer APR17.99%
Penalty APR16.99%
Annual fee$0
Late payment feeup to $15
Foreign transaction fee0.8%
Cash advance fee1% of each transaction in U.S.
Balance transfer feeNone
Grace period21 days
NetworkVisa

Analysis

Arrowhead Credit Union's filed agreement for Visa Credit Card Rate Disclosure discloses a purchase APR of 9.99%–24.99%, no annual fee and a 16.99% penalty rate. The purchase rate sits at roughly the 60th percentile of the 4,587 agreements indexed here.

The disclosed terms

This page covers the agreement Arrowhead Credit Union filed for Visa Credit Card Rate Disclosure. The filing runs one page, and It is issued on the Visa network.

On the record here: a purchase rate, a balance transfer rate, a penalty rate, an annual fee line and a late payment maximum. It is silent on a cash advance rate.

How the purchase rate compares

Rather than a single purchase rate, the document gives a band — 9.99% at the bottom, 24.99% at the top, 15 points wide. The agreement discloses the range without disclosing how an account is placed within it.

Read against the index, the low end ranks around the 11th percentile and the high end around the 60th — the band straddles a wide stretch of the market this corpus describes.

This is disclosed as a variable rate. The number above is a snapshot: it tracks an index, so it changes without the agreement being amended.

The cost of carrying a balance

At the disclosed purchase APR, $5,000 revolving for a full year costs something like $1,419 in interest.

A card priced at the corpus median of 21.99% would charge roughly $1,229 on that balance. This one charges about $190 more per year.

Month to month it reads as about $103.72 per cycle on that balance.

Treat this as an illustration of what the disclosed rate does, not as a projection of a real account, which would be shaped by payments and by the fees described elsewhere in the filing.

The fee structure

There is no annual fee. That is the common case in this corpus — about 75% of the filings that disclose an annual fee at all disclose it as $0 — so it is a baseline expectation rather than a distinguishing feature.

For cash advances the filing discloses a cash advance fee of 1%.

The filing discloses a 17.99% balance transfer rate without an accompanying fee figure.

Spending abroad costs an extra 0.8% — about $8 on $1,000 of purchases, independent of interest.

Paying in full

Purchases carry a 21-day grace period: pay the statement in full inside it and the purchase rate never applies. That is shorter than the 25-day corpus median.

The downside terms

The agreement discloses penalty pricing of 16.99% — about the 7th percentile of the 794 penalty rates recorded across this index.

The maximum late fee is $15 — roughly the 11th percentile of the late fee ceilings disclosed across this index.

The issuer's other agreements

3 separate Arrowhead Credit Union filings appear in the corpus.

What the filing does not tell you

More broadly, a CFPB agreement filing is a legal and pricing document. It does not describe rewards, benefits, sign-up offers, eligibility or approval criteria, and nothing of that kind has been inferred on this page. Where a card has features of that sort, they live outside this document entirely.

The document itself

This summary stands or falls on the linked PDF — one page. Agreements are amended over time, and the filing reflects the terms as submitted rather than as they stand today.

In short

The pricing here is middling by the standards of the index — 24.99% on purchases is near enough to typical. The absence of an annual fee means the rate is the only thing that can make this card expensive.

The source document

This page is a reading of one document: the cardholder agreement Arrowhead Credit Union filed with the Consumer Financial Protection Bureau. Where the two disagree, the filing is correct and this page is wrong.

Open the filed agreement (PDF)

Applications are handled by Arrowhead Credit Union, not by us. We do not take applications and cannot say whether you would be approved.

Go to Arrowhead Credit Union

Other cards from Arrowhead Credit Union

This is the only agreement from Arrowhead Credit Union in the database with enough disclosed terms to publish. See the issuer's full filing list.

Where this card sits

Groups this agreement qualifies for, by its own disclosed terms:

Comparable cards from other issuers

Closest disclosed purchase APR among cards in the same groups.