Visa Signature Card Terms and Conditions

On the record for Visa Signature Card Terms and Conditions: a 18% purchase APR, no annual fee and a 18% introductory rate, filed by General Electric Credit Union. Against the 4,587 filings on this site, that rate lands around the 34th percentile.

On the face of the filing

This page covers the agreement General Electric Credit Union filed for Visa Signature Card Terms and Conditions. The filing runs three pages, and It is issued on the Visa network.

The filing is explicit about a purchase rate, an annual fee line, a late payment maximum and a grace period. It is silent on a cash advance rate, a balance transfer rate and a penalty rate.

The introductory rate

A promotional rate of 18% applies for 12 months under this agreement — lower than the standard rate, but not free.

Among the 763 filings here that disclose an introductory rate, 18% sits at about the 96th percentile.

Behind the promotion sits a 18% purchase rate. On $3,000 that is in the region of $591 a year once the window closes.

The purchase APR against the corpus

At 18%, the purchase APR falls at roughly the 34th percentile of the 2,280 filings indexed here, which sits below the middle of the distribution.

What the rate means in dollars

The purchase rate turns a $2,000 revolving balance into roughly $394 of annual interest.

A typical filing in this index would charge about $492 on that balance; this one is roughly $97 a year below it.

Per statement cycle that is on the order of $29.80 on $2,000, which is the number that actually shows up on a bill.

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.

When a payment is late

On the fee side, a late payment can cost up to $32, which is around the 50th percentile here.

Grace period and minimum charge

Anyone clearing the statement balance inside 25 days pays no purchase interest at all under this filing. That matches the 25-day median across the corpus almost exactly.

The limits of this document

Absent from the captured terms: anything about cash advances, balance transfer terms, a foreign transaction fee and penalty pricing. The original document is the place to look for any of these.

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.

How it sits in the issuer's own range

There are 6 filings from General Electric Credit Union in this index. The others all file the same 18% purchase rate. Whatever separates these products, it is not the cost of borrowing.

Reading the agreement yourself

This summary stands or falls on the linked PDF — three pages. Agreements are amended over time, and the filing reflects the terms as submitted rather than as they stand today.

In short

At 18% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers. With no annual fee, the cost of the account is entirely a function of whether a balance is carried.