Credit Card Account Opening TIL Disclosures

On the record for Credit Card Account Opening TIL Disclosures 012026: a purchase APR of 19.24%–24.24%, no annual fee and a 20.25% introductory rate, filed by Ithink Financial Credit Union. Against the 4,587 filings on this site, that rate lands around the 58th percentile.

On the face of the filing

Credit Card Account Opening TIL Disclosures 012026 is one of the agreements Ithink Financial Credit Union has on file with the CFPB. It is issued on the Visa network and the filing runs two pages.

The filing is explicit about a purchase rate, a cash advance rate, an annual fee line, a late payment maximum and a foreign transaction fee. No figure appears for a balance transfer rate and a penalty rate.

The introductory rate

An introductory rate of 20.25% appears without a disclosed duration.

Among the 763 filings here that disclose an introductory rate, 20.25% sits at about the 98th percentile.

What matters more than the promotion is the rate waiting behind it: 24.24%. A $2,500 balance that survives the promotional window costs roughly $686 a year from that point on.

How the purchase rate compares

The purchase APR is quoted as a range of 19.24% to 24.24%. That 5-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 58th percentile at the bottom and the 58th at the top.

The agreement labels the purchase rate variable, so the quoted figure reflects the index at the time of filing rather than a locked-in price.

This figure is the post-promotional rate. The introductory pricing is handled separately further down.

What a balance actually costs

At the disclosed purchase APR, $2,000 revolving for a full year costs something like $548 in interest.

On a median-priced agreement from this index (21.99%) the same $2,000 would run about $492 a year, so this card costs in the region of $57 more annually for the identical balance.

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.

The fee structure

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.

Cash advances carry a cash advance APR of 12.4%.

Foreign transactions attract 2%. On $3,000 of overseas spending that is $60, charged on top of whatever exchange rate applies.

Default pricing

On the fee side, a late payment can cost up to $25, which is around the 32nd percentile here.

The no-interest path

Anyone clearing the statement balance inside 21 days pays no purchase interest at all under this filing. The typical filing here allows 25 days, so this one is tighter than most.

A minimum interest charge of $0.50 applies in any cycle where interest is due, which makes very small revolving balances disproportionately expensive.

Inside Ithink Financial Credit Union's filed lineup

There are 3 filings from Ithink Financial Credit Union in this index.

What you cannot learn from the filing

This page cannot tell you balance transfer terms and penalty pricing, because the filing's disclosure table as read does not contain them.

What this analysis can address is bounded by the filing: rates, fees and the terms around them. Everything a card issuer might advertise — rewards, benefits, bonuses, who qualifies — falls outside the document and outside this review.

The document itself

The filed PDF is linked from this page and runs two pages. It is the authority for every figure summarised above; where this page and the document disagree, the document is right.

In short

The pricing here is middling by the standards of the index — 24.24% on purchases is near enough to typical. With no annual fee, the cost of the account is entirely a function of whether a balance is carried.