Disclosed rates and fees
Every figure below was read from this issuer's filed agreement. Anything the filing does not state is left out of this table rather than shown as zero.
| Late payment fee | up to $25 |
|---|---|
| Foreign transaction fee | 1% |
| Grace period | 25 days |
| Network | Visa |
Analysis
Little could be extracted from Mayo Employees Federal Credit Union's VISA Credit Card (Secured) Account Opening Disclosure agreement. What follows is a short account of the gaps rather than a full pricing analysis.
Limited disclosure
Only a small number of terms could be extracted from this agreement, which limits what can usefully be said about it.
What did come through: a late fee of up to $25, a 25-day grace period and a 1% foreign transaction fee. That is the whole of it.
Padding this page with generalities about Mayo Employees Federal Credit Union or about credit cards at large would not make it more useful. The filed PDF is linked above; for this agreement it is the only reliable source, and it should be read directly.
The limits of this document
This page cannot tell you a purchase rate, anything about cash advances, balance transfer terms and an annual fee, because the filing's disclosure table as read does not contain them.
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.
Where the authority sits
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
No useful cost comparison is possible from what this document yields. The PDF is the only source worth consulting for these terms.
The source document
This page is a reading of one document: the cardholder agreement Mayo Employees Federal Credit Union filed with the Consumer Financial Protection Bureau. Where the two disagree, the filing is correct and this page is wrong.
Applications are handled by Mayo Employees Federal Credit Union, not by us. We do not take applications and cannot say whether you would be approved.
Other cards from Mayo Employees Federal Credit Union
-
VISA Application and Solicitation Disclosure
Agreement filed with the CFPB
- Foreign tx fee
- 1%
-
VISA Credit Card (Classic) Account Opening Disclosure
Agreement filed with the CFPB
- Foreign tx fee
- 1%
-
VISA Credit Card (Platinum) Account Opening Disclosure
Agreement filed with the CFPB
- Foreign tx fee
- 1%
Where this card sits
Groups this agreement qualifies for, by its own disclosed terms:
Comparable cards from other issuers
Closest disclosed purchase APR among cards in the same groups.