Visa Premier TC (1)

The Visa Premier TC (1) filing from Associated Healthcare Credit Union sets out a 17.99% purchase APR and no annual fee. The purchase rate sits at roughly the 28th percentile of the 4,587 agreements indexed here.

What the agreement puts on the record

Visa Premier TC (1) is one of the agreements Associated Healthcare Credit Union has on file with the CFPB. The filing runs four pages, and It is issued on the Visa network.

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

How the purchase rate compares

The purchase APR of 17.99% places this agreement around the 28th percentile of the set — it sits below the middle of the distribution.

Because the rate is variable, the figure quoted is tied to an index and will drift with it. Nothing here is a fixed commitment.

Translating the rate into money

Carry $1,000 on this card for a year without paying it down and the purchase rate alone generates roughly $197 in interest.

The corpus median purchase rate is 21.99%, which on the same $1,000 would cost about $246 a year. This filing saves roughly $49 annually against that benchmark.

There is also a floor: the filing sets a minimum interest charge of $0.50, so any cycle that accrues less than that is billed at $0.50 anyway.

That maths assumes a static balance and nothing else — no payments, no additional purchases, no fees folded in.

When a payment is late

On the fee side, a late payment can cost up to $35, which is around the 54th percentile here.

What the card costs before you borrow

The annual fee is $0. Roughly 75% of filings here that state a fee state zero, so the absence of one is unremarkable in this market.

For cash advances the filing discloses a cash advance fee of $10 or 2% of the advance, whichever is greater. The two halves of that fee cross at about $500: below it the flat $10 applies, above it the percentage does.

Transfers are charged $10 or 2% of the amount transferred, whichever is greater, though no distinct transfer APR appears in the document. On $2,000 that fee is about $40 before any interest is charged.

Foreign transactions attract 2%. On $1,500 of overseas spending that is $30, charged on top of whatever exchange rate applies.

The grace period

Purchases carry a 25-day grace period: pay the statement in full inside it and the purchase rate never applies. That matches the 25-day median across the corpus almost exactly.

The $0.50 minimum interest charge means the effective cost of carrying a very small balance is far higher than the quoted APR implies.

Against the rest of Associated Healthcare Credit Union's filings

Associated Healthcare Credit Union has 6 agreements indexed on this site. The others all file the same 17.99% purchase rate. Whatever separates these products, it is not the cost of borrowing.

What the filing does not tell you

Absent from the captured terms: penalty pricing. The original document is the place to look for any of these.

It is worth being explicit about scope: these filings record terms and pricing. They say nothing about rewards programmes, cardholder benefits, promotional offers or who the issuer will approve, and this review does not speculate about any of it.

Go to the source

The original filing, 4 pages long, is linked on this page and should be read before any figure here is acted on. It is also a snapshot: issuers refile as terms change.

In short

The pricing here is middling by the standards of the index — 17.99% on purchases is near enough to typical.