Combined CCCAD ASD

The Combined CCCAD ASD 9 19 24 filing from Neighbors Federal Credit Union sets out no annual fee.

On the face of the filing

This page covers the agreement Neighbors Federal Credit Union filed for Combined CCCAD ASD 9 19 24. It is issued on the Visa network and the filing runs 11 pages.

On the record here: an annual fee line, a late payment maximum, a foreign transaction fee and a grace period. It is silent on a purchase rate, a cash advance rate and a balance transfer rate.

Parsing confidence here is medium, so treat the figures as indicative of the filing rather than a substitute for it.

The no-interest path

Anyone clearing the statement balance inside 25 days pays no purchase interest at all under this filing.

The downside terms

Late payments are capped at $26 under this filing, about the 45th percentile of late fee maximums in the corpus.

Where the fees are

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.

Cash advances carry a cash advance fee of $10 or 2% of the advance, whichever is greater. The two halves of that fee cross at about $500: below it the flat $10 applies, above it the percentage does.

A balance transfer costs $10 or 2% of the amount transferred, whichever is greater up front. The filing does not separately state the rate applied to transferred balances. On $2,000 that fee is about $40 before any interest is charged.

The filing sets a 1% foreign transaction fee, which adds roughly $20 to $2,000 spent outside the United States.

Inside Neighbors Federal Credit Union's filed lineup

9 separate Neighbors Federal Credit Union filings appear in the corpus.

What you cannot learn from the filing

The disclosure parsed here does not state a purchase rate and penalty pricing. Those gaps are gaps in what could be read from the filing, and the PDF may well address them in prose the rate table does not capture.

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

Everything here is a reading of the filed agreement, 11 pages of it, which is linked above and which governs. Terms also change between filings, so the date on the document matters.

In short

All of this rests on figures read from the filing with less than full confidence, which is reason enough to check the document before relying on any of it.