Before you read the numbers.
This document covers more than one card product in a single disclosure table. Figures shown may belong to a sibling product rather than to this one. Check the filing before relying on any individual number.
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.
| Purchase APR | 9.9%–18% |
|---|---|
| Balance transfer APR | 8.9% |
| Cash advance APR | 8.9% |
| Penalty APR | 16.9% |
| Annual fee | $0 |
| Late payment fee | up to $25 |
| Foreign transaction fee | None |
| Cash advance fee | None |
| Balance transfer fee | None |
| Grace period | 25 days |
| Minimum interest charge | $0 |
| Network | Visa |
Analysis
Visa Application and Solicitation Disclosure, as filed by Christian Financial Credit Union, carries a purchase APR of 9.9%–18%, no annual fee and a 16.9% penalty rate. Against the 4,587 filings on this site, that rate lands around the 34th percentile.
On the face of the filing
Visa Application and Solicitation Disclosure is one of the agreements Christian Financial Credit Union has on file with the CFPB. The filing runs two pages, and It is issued on the Visa network.
The disclosure covers a purchase rate, a cash advance rate, a balance transfer rate, a penalty rate and an annual fee line.
One important caveat sits on top of everything else here: the rate table in this filing covers more than one product. Figures shown on this page may belong to a sibling card in the same table rather than to this one, and only the PDF can settle which row applies.
How the purchase rate compares
Purchases price between 9.9% and 18% under this filing. The 8.1-point gap between the two is material, and nothing in the agreement indicates where a given account would land.
Read against the index, the low end ranks around the 10th percentile and the high end around the 34th — the band straddles a wide stretch of the market this corpus describes.
What the rate means in dollars
A $2,500 balance left untouched for twelve months accrues about $493 in interest at this purchase rate.
Priced at the median of 21.99%, that balance would generate about $615 in a year — so this agreement comes in around $122 cheaper for the same debt.
These figures are arithmetic on the disclosed rate, not a quote: they assume the balance is never reduced, ignore any payments, and take no account of fees charged separately.
Fees, and what triggers them
No annual fee appears in the filing, in line with the roughly 75% of disclosing agreements in this index that charge nothing to hold the card.
For cash advances the filing discloses a cash advance APR of 8.9%.
Transferred balances are priced at 8.9%; no separate transfer fee was captured from the filing.
The foreign transaction fee is zero — a minority position in this corpus, where roughly 22% of disclosing filings waive it.
What a missed payment costs
The agreement discloses penalty pricing of 16.9% — about the 7th percentile of the 794 penalty rates recorded across this index.
$25 is the disclosed ceiling on a late payment fee, placing it near the 32nd percentile of the set.
The grace period
Anyone clearing the statement balance inside 25 days pays no purchase interest at all under this filing.
No minimum interest charge is imposed, so a cycle that accrues a few cents of interest is billed a few cents.
What is outside the disclosure
An agreement filing is not a marketing document. Rewards, perks, welcome offers and eligibility rules are not in it, are not in this dataset, and are therefore not discussed anywhere on this page.
Go to the source
The filed PDF is linked from this page and runs two pages. It is the authority for every figure summarised above; where this page and the document disagree, the document is right.
In short
At 18% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers. With no annual fee, the cost of the account is entirely a function of whether a balance is carried. And because the filing covers several products in one table, even the figures that are right may belong to a different card.
The source document
This page is a reading of one document: the cardholder agreement Christian Financial Credit Union filed with the Consumer Financial Protection Bureau. Where the two disagree, the filing is correct and this page is wrong.
Applications are handled by Christian Financial Credit Union, not by us. We do not take applications and cannot say whether you would be approved.
Other cards from Christian Financial Credit Union
This is the only agreement from Christian Financial 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.