Genisys Rewards Mastercard Account Opening Disclosure

Genisys Rewards Mastercard Account Opening Disclosure, as filed by Genisys Credit Union Dba Genisys Investment Services, carries a purchase APR of 13.25%–18% and no annual fee. Against the 4,587 filings on this site, that rate lands around the 34th percentile.

What the document actually states

Genisys Credit Union Dba Genisys Investment Services filed this agreement for Genisys Rewards Mastercard Account Opening Disclosure with the Consumer Financial Protection Bureau. The filing runs six pages, and It is issued on the Mastercard network.

The filing is explicit about 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 APR against the corpus

The purchase APR is quoted as a range of 13.25% to 18%. That 4.75-point spread is the whole of what the filing commits to; the method for assigning a rate inside it is not in the document.

Read against the index, the low end ranks around the 24th percentile and the high end around the 34th — the band straddles a wide stretch of the market this corpus describes.

The filing marks this rate as variable, which means it moves with the index the agreement names rather than staying where it is quoted today.

The cost of carrying a balance

Put $1,500 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $296.

Measured against the 21.99% corpus median, the same $1,500 costs approximately $73 less per year here.

These figures are arithmetic on the disclosed rate, not a quote: they assume the balance is never reduced, ignore any payments, and take no account of fees charged separately.

The fee structure

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 13.25%. 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.

Transferred balances are priced at 13.25%; no separate transfer fee was captured from the filing.

When a payment is late

$26 is the disclosed ceiling on a late payment fee, placing it near the 45th percentile of the set.

The grace period

The filing gives 28 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest. Against a corpus median of 25 days, this is a wider window than usual.

The filing sets the minimum interest charge at zero — small balances are not rounded up to a floor.

The issuer's other agreements

Genisys Credit Union Dba Genisys Investment Services has 3 agreements indexed on this site. Every one of the others that discloses a purchase rate discloses the same 18%, so the issuer's filings are near-identical on pricing and the differences between its cards lie outside the rate table.

What you cannot learn from the filing

Absent from the captured 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.

The document itself

Everything here is a reading of the filed agreement, six 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 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.