Visa Signature Credit Card

The Visa Signature Credit Card filing from Reliant Community Federal Credit Union sets out a purchase APR of 15.75%–18%, no annual fee and a 12-month 0% opening period. The purchase rate sits at roughly the 34th percentile of the 4,587 agreements indexed here.

The disclosed terms

What follows is drawn entirely from Reliant Community Federal Credit Union's CFPB filing for Visa Signature Credit Card. The filing runs one page, and It is issued on the Visa network.

The disclosure covers a purchase rate, a cash advance rate, a balance transfer rate, an annual fee line and a late payment maximum. No figure appears for a penalty rate and a foreign transaction fee.

One important caveat sits on top of everything else here: the rate table in this filing covers more than one product. Figures shown on this page may belong to a sibling card in the same table rather than to this one, and only the PDF can settle which row applies.

The interest-free window

A 12-month promotional period at 0% is on the record here — during it, qualifying balances cost nothing to carry.

Roughly 458 of the 4,587 filings indexed here disclose a zero-percent introductory rate, so this is a real feature of the document but not a rare one.

Behind the promotion sits a 18% purchase rate. On $2,500 that is in the region of $493 a year once the window closes.

Valued honestly, 12 months at zero on $2,500 avoids about $493 of interest compared with the go-to rate — the whole of what the promotion delivers.

Pricing the purchase rate

This is a tiered agreement: the filing discloses a purchase APR anywhere from 15.75% to 18%, a spread of 2.25 percentage points. Which end of that band applies is set by the issuer at account opening and the filing does not say how.

Those two numbers occupy very different places in the corpus: roughly the 38th percentile at the bottom and the 34th at the top.

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.

What the rate means in dollars

At the disclosed purchase APR, $2,500 revolving for a full year costs something like $493 in interest.

The corpus median purchase rate is 21.99%, which on the same $2,500 would cost about $615 a year. This filing saves roughly $122 annually against that benchmark.

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.

The no-interest path

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

The filing sets the minimum interest charge at zero — small balances are not rounded up to a floor.

When a payment is late

Late payments are capped at $30 under this filing, about the 49th percentile of late fee maximums in the corpus.

The fee structure

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 fee of $5 or 3% of the advance, whichever is greater and a cash advance APR of 15.75%.

Balance transfers cost $5 or 3% of the amount transferred, whichever is greater up front and then accrue at 15.75%. Shifting $7,500 across attracts something like $225 in fees on day one.

Inside Reliant Community Federal Credit Union's filed lineup

This is one of 4 Reliant Community Federal Credit Union agreements collected here.

What is outside the disclosure

This page cannot tell you a foreign transaction fee and penalty pricing, because the filing's disclosure table as read does not contain them.

It is worth being explicit about scope: these filings record terms and pricing. They say nothing about rewards programmes, cardholder benefits, promotional offers or who the issuer will approve, and this review does not speculate about any of it.

The document itself

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

In short

18% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern. And because the filing covers several products in one table, even the figures that are right may belong to a different card.