FCU Credit Card Disclosure Non Promo

The FCU Credit Card Disclosure Non Promo filing from Florida Credit Union sets out a $100 annual fee.

What the document actually states

The document behind this page is Florida Credit Union's filed agreement for FCU Credit Card Disclosure Non Promo. It is issued on the Visa network and the filing runs two pages.

The disclosure covers a cash advance rate, an annual fee line, a late payment maximum, a foreign transaction fee and a grace period. A purchase rate, a balance transfer rate and a penalty rate are not stated.

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 25 days pays no purchase interest at all under this filing.

A minimum interest charge of $1.50 applies in any cycle where interest is due, which makes very small revolving balances disproportionately expensive.

Default pricing

Late payments are capped at $35 under this filing, about the 54th percentile of late fee maximums in the corpus.

Fees, and what triggers them

$100 a year is the disclosed annual fee, which ranks near the 94th percentile of the fees filed across this corpus.

Year one is free of the fee per the filing; $100 applies thereafter.

Cash advances carry a cash advance APR of 17.9%.

The filing sets a 1% foreign transaction fee, which adds roughly $20 to $2,000 spent outside the United States.

Against the rest of Florida Credit Union's filings

16 separate Florida Credit Union filings appear in the corpus. Their disclosed purchase rates run from 17.9% to 17.9%, though this particular filing does not state one in comparable form.

Its $100 annual fee is higher than 5 of the 10 sibling filings that state one.

What the filing does not tell you

The disclosure parsed here does not state a purchase rate, 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.

More broadly, a CFPB agreement filing is a legal and pricing document. It does not describe rewards, benefits, sign-up offers, eligibility or approval criteria, and nothing of that kind has been inferred on this page. Where a card has features of that sort, they live outside this document entirely.

Reading the agreement yourself

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

Note that the $100 annual fee falls due whether the card is used or not. Given the parsing confidence on this filing, read the agreement itself before treating any of these figures as settled.