Business Rate Sheet

Business Rate Sheet 9 1 2022, as filed by Onpoint Community Credit Union, carries a purchase APR of 11.25%–21.75%. That purchase rate ranks near the 47th percentile across this corpus of 4,587 filings.

What the document actually states

The document behind this page is Onpoint Community Credit Union's filed agreement for Business Rate Sheet 9 1 2022. The filing runs one page, and It is issued on the Visa network.

The filing is explicit about a purchase rate, a cash advance rate, a balance transfer rate, a late payment maximum and a grace period. No figure appears for a penalty rate, an annual fee line and a foreign transaction fee.

Where the purchase APR sits

Purchases price between 11.25% and 21.75% under this filing. The 10.5-point gap between the two is material, and nothing in the agreement indicates where a given account would land.

Read against the index, the low end ranks around the 15th percentile and the high end around the 47th — the band straddles a wide stretch of the market this corpus describes.

The filing marks this rate as variable, which means it moves with the index the agreement names rather than staying where it is quoted today.

The cost of carrying a balance

Carry $2,500 on this card for a year without paying it down and the purchase rate alone generates roughly $607 in interest.

Priced at the median of 21.99%, that balance would generate about $615 in a year — so this agreement comes in around $7 cheaper for the same debt.

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

Penalty pricing and late fees

Late payments are capped at $20 under this filing, about the 17th percentile of late fee maximums in the corpus.

The fee structure

Cash advances carry a cash advance APR of 3%. Cash advances also tend to fall outside any grace period, which means interest typically starts on day one rather than at the end of a billing cycle.

The filing discloses a 13.25% balance transfer rate without an accompanying fee figure.

Grace period and minimum charge

25 days is the disclosed grace period for purchases — the interval in which paying in full costs nothing.

Inside Onpoint Community Credit Union's filed lineup

This is one of 27 Onpoint Community Credit Union agreements collected here. The issuer's own range is 10%–26.75%. At 21.75%, this agreement is dearer than 12 of its siblings.

The limits of this document

This page cannot tell you an annual fee, a foreign transaction fee and penalty pricing, 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.

Reading the agreement yourself

This summary stands or falls on the linked PDF — one page. Agreements are amended over time, and the filing reflects the terms as submitted rather than as they stand today.

In short

At 21.75% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers.