dupage imagine rewards truth in lending disclosure

The dupage imagine rewards truth in lending disclosure filing from Dupage Credit Union sets out a purchase APR of 12.5%–20.5%, no annual fee and a 12-month 0% opening period. That purchase rate ranks near the 44th percentile across this corpus of 4,587 filings.

On the face of the filing

What follows is drawn entirely from Dupage Credit Union's CFPB filing for dupage imagine rewards truth in lending disclosure. It is issued on the Visa network and the filing runs six pages.

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.

Zero percent, and then what

The filing discloses a 0% introductory rate running 12 months. For that window, balances covered by the promotion accrue no interest at all.

Zero-percent openings appear in roughly 458 of the filings on this site, which puts this agreement in a sizeable minority rather than a class of its own.

The go-to rate is 20.5%. Any balance still outstanding when the promotion lapses starts accruing at that figure — about $569 a year on $2,500.

The promotional window is therefore worth something on the order of $569 on $2,500, measured against the same balance priced at the standard rate for the same period.

Pricing the purchase rate

Purchases price between 12.5% and 20.5% under this filing. The 8-point gap between the two is material, and nothing in the agreement indicates where a given account would land.

Those two numbers occupy very different places in the corpus: roughly the 20th percentile at the bottom and the 44th at the top.

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 rate discussed in this section is the go-to rate — the one that applies once the promotional period described below has ended, not the promotional rate itself.

What a balance actually costs

At the disclosed purchase APR, $1,000 revolving for a full year costs something like $227 in interest.

Priced at the median of 21.99%, that balance would generate about $246 in a year — so this agreement comes in around $18 cheaper for the same debt.

Per statement cycle that is on the order of $16.99 on $1,000, which is the number that actually shows up on a bill.

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

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.

For cash advances the filing discloses a cash advance fee of $5 or 3% of the advance, whichever is greater. The two halves of that fee cross at about $167: below it the flat $5 applies, above it the percentage does.

Foreign transactions carry no fee. Only about 22% of the filings here that disclose a foreign transaction fee set it at zero, so this is a genuine point of difference.

Penalty pricing and late fees

$25 is the disclosed ceiling on a late payment fee, placing it near the 32nd percentile of the set.

Grace period and minimum charge

25 days is the disclosed grace period for purchases — the interval in which paying in full costs nothing. That matches the 25-day median across the corpus almost exactly.

No minimum interest charge is imposed, so a cycle that accrues a few cents of interest is billed a few cents.

The issuer's other agreements

This is one of 10 Dupage Credit Union agreements collected here. Across that lineup purchase rates span 18.5% to 24.5%; this filing's 20.5% sits above 6 of the comparable ones.

The limits of this document

This page cannot tell you balance transfer terms 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

This summary stands or falls on the linked PDF — six pages. 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 — 20.5% 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.