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.
| Purchase APR | 5.9% |
|---|---|
| Cash advance APR | 5.9% |
| Late payment fee | up to $25 |
| Foreign transaction fee | 1% |
| Network | Mastercard |
Analysis
Credit Card Application, as filed by Rio Grande Valley Credit Union, carries a 5.9% purchase APR. Against the 4,587 filings on this site, that rate lands around the 2nd percentile.
On the face of the filing
What follows is drawn entirely from Rio Grande Valley Credit Union's CFPB filing for Credit Card Application. The filing runs two pages, and It is issued on the Mastercard network.
The filing is explicit about a purchase rate, a cash advance rate, a late payment maximum and a foreign transaction fee. It is silent on a balance transfer rate, a penalty rate and an annual fee line.
Parsing confidence here is medium, so treat the figures as indicative of the filing rather than a substitute for it.
The purchase APR against the corpus
At 5.9%, the purchase APR falls at roughly the 2nd percentile of the 2,280 filings indexed here, which sits in the bottom few percent of everything filed.
The arithmetic of revolving
The purchase rate turns a $5,000 revolving balance into roughly $304 of annual interest.
Priced at the median of 21.99%, that balance would generate about $1,229 in a year — so this agreement comes in around $925 cheaper for the same debt.
That maths assumes a static balance and nothing else — no payments, no additional purchases, no fees folded in.
The fee structure
Taking cash against the card means a cash advance APR of 5.9%.
Foreign transactions attract 1%. On $3,000 of overseas spending that is $30, charged on top of whatever exchange rate applies.
What a missed payment costs
$25 is the disclosed ceiling on a late payment fee, placing it near the 32nd percentile of the set.
What the filing does not tell you
This page cannot tell you balance transfer terms, an annual fee, a grace period 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.
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
The purchase rate of 5.9% is one of the cheaper figures in this index — the central point in the agreement's favour. All of this rests on figures read from the filing with less than full confidence, which is reason enough to check the document before relying on any of it.
The source document
This page is a reading of one document: the cardholder agreement Rio Grande Valley 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 Rio Grande Valley Credit Union, not by us. We do not take applications and cannot say whether you would be approved.
Other cards from Rio Grande Valley Credit Union
This is the only agreement from Rio Grande Valley Credit Union in the database with enough disclosed terms to publish. See the issuer's full filing list.
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.