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.
| Purchase APR | 15.99% (variable) |
|---|---|
| Annual fee | $0 |
| Late payment fee | up to $25 |
| Foreign transaction fee | 1% |
| Balance transfer fee | None |
| Grace period | 25 days |
| Minimum interest charge | $0 |
| Network | Visa |
Analysis
CC Disclosure w agreement 07 01 22, as filed by Mountain America Credit Union, carries a 15.99% purchase APR and no annual fee. The purchase rate sits at roughly the 17th percentile of the 4,587 agreements indexed here.
On the face of the filing
The document behind this page is Mountain America Credit Union's filed agreement for CC Disclosure w agreement 07 01 22. It is issued on the Visa network and the filing runs six pages.
The disclosure covers a purchase rate, an annual fee line, a late payment maximum, a foreign transaction fee and a grace period. It is silent on a cash advance rate, a balance transfer rate and a penalty rate.
How the purchase rate compares
Ranked against the corpus, this purchase APR — 15.99% — sits at approximately the 17th percentile and falls in the low band of the corpus.
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.
The cost of carrying a balance
Carry $5,000 on this card for a year without paying it down and the purchase rate alone generates roughly $867 in interest.
Measured against the 21.99% corpus median, the same $5,000 costs approximately $363 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.
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.
The filing sets a 1% foreign transaction fee, which adds roughly $30 to $3,000 spent outside the United States.
What a missed payment costs
On the fee side, a late payment can cost up to $25, which is around the 32nd percentile here.
The grace period
Anyone clearing the statement balance inside 25 days pays no purchase interest at all under this filing.
No minimum interest charge is imposed, so a cycle that accrues a few cents of interest is billed a few cents.
What is outside the disclosure
This page cannot tell you anything about cash advances 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.
Go to the source
The filed PDF is linked from this page and runs six pages. It is the authority for every figure summarised above; where this page and the document disagree, the document is right.
In short
The purchase rate of 15.99% is one of the cheaper figures in this index — the central point in the agreement's favour.
The source document
This page is a reading of one document: the cardholder agreement Mountain America 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 Mountain America Credit Union, not by us. We do not take applications and cannot say whether you would be approved.
Other cards from Mountain America Credit Union
This is the only agreement from Mountain America Credit Union in the database with enough disclosed terms to publish. See the issuer's full filing list.
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.