visa platinum rewards credit card agreement (1)

The visa platinum rewards credit card agreement (1) filing from Hills Bank and Trust sets out a purchase APR of 14.75%–17.75% and a $15 annual fee. Against the 4,587 filings on this site, that rate lands around the 23rd percentile.

On the face of the filing

visa platinum rewards credit card agreement (1) is one of the agreements Hills Bank and Trust has on file with the CFPB. The filing runs six pages, and It is issued on the Visa 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.

The purchase rate in context

The purchase APR is quoted as a range of 14.75% to 17.75%. That 3-point spread is the whole of what the filing commits to; the method for assigning a rate inside it is not in the document.

Those two numbers occupy very different places in the corpus: roughly the 32nd percentile at the bottom and the 23rd at the top.

Because the rate is variable, the figure quoted is tied to an index and will drift with it. Nothing here is a fixed commitment.

The cost of carrying a balance

Put $2,000 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $388.

A typical filing in this index would charge about $492 on that balance; this one is roughly $103 a year below it.

Note the $0.50 minimum interest charge, which overrides the arithmetic above whenever the calculated interest falls below it.

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.

Grace period and minimum charge

Purchases carry a 25-day grace period: pay the statement in full inside it and the purchase rate never applies. That matches the 25-day median across the corpus almost exactly.

The $0.50 minimum interest charge means the effective cost of carrying a very small balance is far higher than the quoted APR implies.

Default pricing

Late payments are capped at $27 under this filing, about the 45th percentile of late fee maximums in the corpus.

Fees, and what triggers them

$15 a year is the disclosed annual fee, which ranks near the 77th percentile of the fees filed across this corpus.

Cash advances carry a cash advance fee of $5 or 3% of the advance, whichever is greater and a cash advance APR of 17.75%. The two halves of that fee cross at about $167: below it the flat $5 applies, above it the percentage does. The grace period described below generally does not extend to cash advances, so interest on them usually begins immediately.

Transferred balances are priced at 1.23%; no separate transfer fee was captured from the filing.

Spending abroad costs an extra 1% — about $15 on $1,500 of purchases, independent of interest.

The limits of this document

This page cannot tell you penalty pricing, because the filing's disclosure table as read does not contain it.

An agreement filing is not a marketing document. Rewards, perks, welcome offers and eligibility rules are not in it, are not in this dataset, and are therefore not discussed anywhere on this page.

Where the authority sits

The original filing, 6 pages long, is linked on this page and should be read before any figure here is acted on. It is also a snapshot: issuers refile as terms change.

In short

The pricing here is middling by the standards of the index — 17.75% on purchases is near enough to typical. The $15 annual fee is charged regardless of use, so it is a cost that applies even to an account that never revolves.