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.
| Annual fee | $0 |
|---|---|
| Late payment fee | up to $15 |
| Foreign transaction fee | 1% |
| Cash advance fee | $0 |
| Balance transfer fee | $0 |
| Network | Visa |
Analysis
Redwood Credit Union's filed agreement for 248 Visa Credit Card Agreement 012325 discloses no annual fee.
What this filing discloses
248 Visa Credit Card Agreement 012325 is one of the agreements Redwood Credit Union has on file with the CFPB. It is issued on the Visa network and the filing runs 12 pages.
The filing is explicit about an annual fee line, a late payment maximum and a foreign transaction fee. 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.
Fees, and what triggers them
There is no annual fee. That is the common case in this corpus — about 75% of the filings that disclose an annual fee at all disclose it as $0 — so it is a baseline expectation rather than a distinguishing feature.
Taking cash against the card means a cash advance fee of $0.
Transfers are charged a flat $0, though no distinct transfer APR appears in the document.
Spending abroad costs an extra 1% — about $20 on $2,000 of purchases, independent of interest.
When a payment is late
The maximum late fee is $15 — roughly the 11th percentile of the late fee ceilings disclosed across this index.
Inside Redwood Credit Union's filed lineup
9 separate Redwood Credit Union filings appear in the corpus.
What is outside the disclosure
The disclosure parsed here does not state a purchase rate, a grace period 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.
The document itself
The filed PDF is linked from this page and runs 12 pages. It is the authority for every figure summarised above; where this page and the document disagree, the document is right.
In short
Extraction confidence here is not high, so the conclusions above are provisional on the PDF agreeing with them.
The source document
This page is a reading of one document: the cardholder agreement Redwood 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 Redwood Credit Union, not by us. We do not take applications and cannot say whether you would be approved.
Other cards from Redwood Credit Union
-
Visa Credit Card Agreement and Disclosure
Agreement filed with the CFPB
- Annual fee
- $0
-
Visa Credit Card Agreement Signature
Agreement filed with the CFPB
- Annual fee
- $0
- Foreign tx fee
- 1%
-
Visa Credit Card Agreement Signature
Agreement filed with the CFPB
- Annual fee
- $0
- Foreign tx fee
- 1%
-
Visa Credit Card Agreement with Pledge
Agreement filed with the CFPB
- Annual fee
- $0
- Foreign tx fee
- 1%
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.