Visa Platinum Disclosure

Dort Financial Credit Union's filed agreement for Visa Platinum Disclosure discloses a purchase APR of 9.5%–22% and no annual fee. Against the 4,587 filings on this site, that rate lands around the 50th percentile.

What the agreement puts on the record

The document behind this page is Dort Financial Credit Union's filed agreement for Visa Platinum Disclosure. The filing runs five pages, and It is issued on the Visa network.

Terms captured from the document include a purchase rate, a cash advance rate, a balance transfer rate, an annual fee line and a late payment maximum. It is silent on a penalty rate and a foreign transaction fee.

The purchase rate in context

Purchases price between 9.5% and 22% under this filing. The 12.5-point gap between the two is material, and nothing in the agreement indicates where a given account would land.

The floor of that band sits at about the 9th percentile of filed purchase rates; the ceiling sits at about the 50th. In corpus terms the same card can be cheap or expensive depending on how it is priced.

What a balance actually costs

Put $1,500 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $369.

The corpus median of 21.99% produces practically the same bill, so on carrying cost this card is unremarkable.

Month to month it reads as about $27.36 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.

What the card costs before you borrow

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 APR of 9.5%. The grace period described below generally does not extend to cash advances, so interest on them usually begins immediately.

The filing discloses a 9.5% balance transfer rate without an accompanying fee figure.

Penalty pricing and late fees

Late payments are capped at $25 under this filing, about the 32nd percentile of late fee maximums in the corpus.

The no-interest path

Anyone clearing the statement balance inside 26 days pays no purchase interest at all under this filing.

The limits of this document

This page cannot tell you a foreign transaction fee and penalty pricing, because the filing's disclosure table as read does not contain them.

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.

Reading the agreement yourself

Everything here is a reading of the filed agreement, five pages of it, which is linked above and which governs. Terms also change between filings, so the date on the document matters.

In short

At 22% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers.