Credit Card Rate Sheet Intro

On the record for 080124 Credit Card Rate Sheet Intro: a purchase APR of 15.25%–25.75%, no annual fee and a 2.99% introductory rate, filed by Onpoint Community Credit Union. The purchase rate sits at roughly the 62nd percentile of the 4,587 agreements indexed here.

What the document actually states

What follows is drawn entirely from Onpoint Community Credit Union's CFPB filing for 080124 Credit Card Rate Sheet Intro. It is issued on the Visa network and the filing runs two pages.

Terms captured from the document include a purchase rate, a balance transfer rate, an annual fee line, a late payment maximum and a grace period. It is silent on a cash advance rate, a penalty rate and a foreign transaction fee.

The filing bundles multiple products into one disclosure table. Any figure quoted here may describe a related card in the same filing, so the PDF should be read before treating these numbers as this card's own.

Introductory pricing

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 25.75% purchase rate. On $3,000 that is in the region of $881 a year once the window closes.

The purchase APR against the corpus

Rather than a single purchase rate, the document gives a band — 15.25% at the bottom, 25.75% at the top, 10.5 points wide. The agreement discloses the range without disclosing how an account is placed within it.

Read against the index, the low end ranks around the 36th percentile and the high end around the 62nd — the band straddles a wide stretch of the market this corpus describes.

Because the rate is variable, the figure quoted is tied to an index and will drift with it. Nothing here is a fixed commitment.

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

The arithmetic of revolving

The purchase rate turns a $3,000 revolving balance into roughly $881 of annual interest.

Against the corpus median of 21.99%, that is approximately $143 a year of extra interest on the same $3,000.

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.

Fees, and what triggers them

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.

Transferred balances are priced at 17.25%; no separate transfer fee was captured from the filing.

Penalty pricing and late fees

The maximum late fee is $25 — roughly the 32nd percentile of the late fee ceilings disclosed across this index.

The grace period

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

Against the rest of Onpoint Community Credit Union's filings

27 separate Onpoint Community Credit Union filings appear in the corpus. Their disclosed purchase rates run from 10% to 26.75%, and this one at 25.75% is more expensive than 20 of them.

What is outside the disclosure

Absent from the captured terms: anything about cash advances, a foreign transaction fee and penalty pricing. The original document is the place to look for any of these.

An agreement filing is not a marketing document. Rewards, perks, welcome offers and eligibility rules are not in it, are not in this dataset, and are therefore not discussed anywhere on this page.

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

25.75% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern. The multi-product table is the larger caveat: these numbers are the table's, not necessarily this card's.