Visa Rewards Credit Card Account Opening Disclosure 15 90%

Visa Rewards Credit Card Account Opening Disclosure 15 90%, as filed by J S C Federal Credit Union, carries a 15.9% purchase APR, no annual fee and a 2.99% introductory rate. Against the 4,587 filings on this site, that rate lands around the 17th percentile.

On the face of the filing

The document behind this page is J S C Federal Credit Union's filed agreement for Visa Rewards Credit Card Account Opening Disclosure 15 90%. The filing runs two pages, and It is issued on the Visa network.

Terms captured from the document include 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

A promotional rate of 2.99% applies for six months under this agreement — lower than the standard rate, but not free.

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

Behind the promotion sits a 15.9% purchase rate. On $1,000 that is in the region of $172 a year once the window closes.

The purchase rate in context

15.9% puts the purchase APR near the 17th percentile across 2,280 agreements, so it is comfortably below what most issuers filed.

To be precise about which number this is: the filing identifies it as the rate that takes over after the introductory period, not the introductory rate.

The arithmetic of revolving

The purchase rate turns a $2,500 revolving balance into roughly $431 of annual interest.

A typical filing in this index would charge about $615 on that balance; this one is roughly $184 a year below it.

That maths assumes a static balance and nothing else — no payments, no additional purchases, no fees folded in.

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.

When a payment is late

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

The fee structure

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.

For cash advances the filing discloses a cash advance APR of 15.9%.

The filing discloses a 15.9% balance transfer rate without an accompanying fee figure.

Spending abroad costs an extra 1% — about $10 on $1,000 of purchases, independent of interest.

How it sits in the issuer's own range

This is one of 12 J S C Federal Credit Union agreements collected here. Across that lineup purchase rates span 7.9% to 17.9%; this filing's 15.9% sits above 7 of the comparable ones.

What the filing does not tell you

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

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

The original filing, 2 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

At 15.9% the purchase rate is low relative to this corpus, which is the clearest thing the filing has going for it on cost. Because there is no annual fee, everything depends on the revolving behaviour: used as a payment instrument and cleared monthly, this agreement costs nothing.