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.
| Annual fee | $0 |
|---|---|
| Late payment fee | up to $10 |
| Foreign transaction fee | 1% |
| Grace period | 21 days |
| Minimum interest charge | $0 |
Analysis
The CC Opening Disc app old filing from Clearwater Federal Credit Union sets out no annual fee.
The disclosed terms
CC Opening Disc app old is one of the agreements Clearwater Federal Credit Union has on file with the CFPB. The filing runs two pages.
On the record here: an annual fee line, a late payment maximum, a foreign transaction fee and a grace period. No figure appears for a purchase rate, a cash advance rate and a balance transfer rate.
Confidence in the parse of this filing is moderate rather than high, so the figures below are best checked against the original.
Paying in full
Anyone clearing the statement balance inside 21 days pays no purchase interest at all under this filing. With a corpus median of 25 days, this window is narrower than the norm.
No minimum interest charge is imposed, so a cycle that accrues a few cents of interest is billed a few cents.
Default pricing
Late payments are capped at $10 under this filing, about the 6th percentile of late fee maximums in the corpus.
Charges beyond interest
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.
Spending abroad costs an extra 1% — about $20 on $2,000 of purchases, independent of interest.
How it sits in the issuer's own range
4 separate Clearwater Federal Credit Union filings appear in the corpus.
What is outside the disclosure
The disclosure parsed here does not state a purchase rate, anything about cash advances, balance transfer terms and penalty pricing. Those gaps are gaps in what could be read from the filing, and the PDF may well address them in prose the rate table does not capture.
What this analysis can address is bounded by the filing: rates, fees and the terms around them. Everything a card issuer might advertise — rewards, benefits, bonuses, who qualifies — falls outside the document and outside this review.
Go to the source
Everything here is a reading of the filed agreement, two pages of it, which is linked above and which governs. Terms also change between filings, so the date on the document matters.
In short
Extraction confidence here is not high, so the conclusions above are provisional on the PDF agreeing with them.
The source document
This page is a reading of one document: the cardholder agreement Clearwater Federal 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 Clearwater Federal Credit Union, not by us. We do not take applications and cannot say whether you would be approved.
Other cards from Clearwater Federal Credit Union
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CC Opening Disc app
Agreement filed with the CFPB
- Annual fee
- $0
- Foreign tx fee
- 1%
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.