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.
| Cash advance APR | 17.9% |
|---|---|
| Annual fee | $0 |
| Late payment fee | up to $35 |
| Cash advance fee | None |
| Balance transfer fee | None |
| Grace period | 25 days |
| Network | Visa |
Analysis
On the record for Rate Agreement FCUPTDC0021 0223 Non Promo: no annual fee, filed by Florida Credit Union.
What the document actually states
Rate Agreement FCUPTDC0021 0223 Non Promo is one of the agreements Florida Credit Union has on file with the CFPB. The filing runs eight pages, and It is issued on the Visa network.
The disclosure covers a cash advance rate, an annual fee line, a late payment maximum and a grace period. It is silent on a purchase rate, a balance transfer rate and a penalty rate.
Confidence in the parse of this filing is moderate rather than high, so the figures below are best checked against the original.
The no-interest path
25 days is the disclosed grace period for purchases — the interval in which paying in full costs nothing.
Default pricing
$35 is the disclosed ceiling on a late payment fee, placing it near the 54th percentile of the set.
Charges beyond interest
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.
Taking cash against the card means a cash advance APR of 17.9%. Cash advances also tend to fall outside any grace period, which means interest typically starts on day one rather than at the end of a billing cycle.
Against the rest of Florida Credit Union's filings
There are 16 filings from Florida Credit Union in this index. Their disclosed purchase rates run from 17.9% to 17.9%, though this particular filing does not state one in comparable form.
On fees, 4 of the 10 sibling filings that disclose an annual fee also set it at zero — this one is among them.
What the filing does not tell you
Absent from the captured terms: a purchase rate, a foreign transaction fee and penalty pricing. The original document is the place to look for any of these.
It is worth being explicit about scope: these filings record terms and pricing. They say nothing about rewards programmes, cardholder benefits, promotional offers or who the issuer will approve, and this review does not speculate about any of it.
Reading the agreement yourself
Everything here is a reading of the filed agreement, eight 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 Florida 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 Florida Credit Union, not by us. We do not take applications and cannot say whether you would be approved.
Other cards from Florida Credit Union
-
FCU Credit Card Disclosure Non Promo
Agreement filed with the CFPB
- Annual fee
- $100
- Foreign tx fee
- 1%
-
FCU Credit Card Disclosure Non Promo
Agreement filed with the CFPB
- Annual fee
- $100
- Foreign tx fee
- 1%
-
FCU Credit Card Disclosure Non Promo
Agreement filed with the CFPB
- Annual fee
- $100
- Foreign tx fee
- 1%
-
FCU Credit Card Disclosure Non Promo
Agreement filed with the CFPB
- Annual fee
- $100
- 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.