OnPoint CCU Consumer Credit Card Rate Disclosure

OnPoint CCU Consumer Credit Card Rate Disclosure 09 04 2023, as filed by Onpoint Community Credit Union, carries a purchase APR of 15.25%–19.75%, no annual fee and a 2.99% introductory rate. The purchase rate sits at roughly the 42nd percentile of the 4,587 agreements indexed here.

What this filing discloses

Onpoint Community Credit Union filed this agreement for OnPoint CCU Consumer Credit Card Rate Disclosure 09 04 2023 with the Consumer Financial Protection Bureau. The filing runs two pages, and It is issued on the Visa network.

The filing is explicit about a purchase rate, a cash advance rate, a balance transfer rate, an annual fee line and a late payment maximum. A penalty rate and a foreign transaction fee are not stated.

This document discloses several products inside a single rate table. That means the numbers below are the ones the table contains, not necessarily the ones attached to this particular card — the filing itself is the only way to tell them apart.

What the promotional rate is worth

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 19.75% purchase rate. On $1,000 that is in the region of $218 a year once the window closes.

The purchase rate in context

Rather than a single purchase rate, the document gives a band — 15.25% at the bottom, 19.75% at the top, 4.5 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 42nd — the band straddles a wide stretch of the market this corpus describes.

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.

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

The arithmetic of revolving

The purchase rate turns a $1,000 revolving balance into roughly $218 of annual interest.

Priced at the median of 21.99%, that balance would generate about $246 in a year — so this agreement comes in around $28 cheaper for the same debt.

Broken down to a single thirty-day cycle, the same balance accrues roughly $16.36.

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.

What the card costs before you borrow

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.

Taking cash against the card means a cash advance APR of 3%.

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

Penalty pricing and late fees

On the fee side, a late payment can cost up to $25, which is around the 32nd percentile here.

The grace period

The filing gives 25 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest. That matches the 25-day median across the corpus almost exactly.

The issuer's other agreements

Onpoint Community Credit Union has 27 agreements indexed on this site. Across that lineup purchase rates span 10% to 26.75%; this filing's 19.75% sits above 10 of the comparable ones.

14 of the issuer's other 16 disclosing filings are likewise fee-free.

What the filing does not tell you

The disclosure parsed here does not state a foreign transaction fee 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.

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.

Go to the source

The original filing, 2 pages long, is linked on this page and should be read before any figure here is acted on. It is also a snapshot: issuers refile as terms change.

In short

19.75% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern. The absence of an annual fee means the rate is the only thing that can make this card expensive. And because the filing covers several products in one table, even the figures that are right may belong to a different card.