Visa Credit Card Account Opening Disclosure 13 90%

On the record for Visa Credit Card Account Opening Disclosure 13 90%: a 13.9% purchase APR, no annual fee and a 2.99% introductory rate, filed by J S C Federal Credit Union. The purchase rate sits at roughly the 12th percentile of the 4,587 agreements indexed here.

What the document actually states

J S C Federal Credit Union submitted the terms for Visa Credit Card Account Opening Disclosure 13 90% to the CFPB's agreement database; this is what they contain. 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, a balance transfer rate, an annual fee line and a late payment maximum. No figure appears for a penalty rate.

What the promotional rate is worth

For the first six months the filing sets a reduced rate of 2.99%. Balances still cost something during that window.

Among the 763 filings here that disclose an introductory rate, 2.99% sits at about the 79th percentile.

What matters more than the promotion is the rate waiting behind it: 13.9%. A $2,500 balance that survives the promotional window costs roughly $373 a year from that point on.

Pricing the purchase rate

Ranked against the corpus, this purchase APR — 13.9% — sits at approximately the 12th percentile and reads as inexpensive against the rest of the filings.

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

What a balance actually costs

A $2,500 balance left untouched for twelve months accrues about $373 in interest at this purchase rate.

Measured against the 21.99% corpus median, the same $2,500 costs approximately $242 less per year here.

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

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.

Default pricing

Late payments are capped at $0 under this filing, about the 2nd percentile of late fee maximums in the corpus.

What the card costs before you borrow

The annual fee is $0. Roughly 75% of filings here that state a fee state zero, so the absence of one is unremarkable in this market.

Taking cash against the card means a cash advance APR of 13.9%.

Transferred balances are priced at 13.9%; no separate transfer fee was captured from the filing.

The filing sets a 1% foreign transaction fee, which adds roughly $15 to $1,500 spent outside the United States.

Against the rest of J S C Federal Credit Union's filings

12 separate J S C Federal Credit Union filings appear in the corpus. Across that lineup purchase rates span 7.9% to 17.9%; this filing's 13.9% sits above 6 of the comparable ones.

The limits of this document

Absent from the captured terms: 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.

Reading the agreement yourself

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

In short

The purchase rate of 13.9% is one of the cheaper figures in this index — the central point in the agreement's favour. With no annual fee, the cost of the account is entirely a function of whether a balance is carried.