Schumer Cash Back Visa Rate

The Schumer Cash Back Visa Rate 12025 filing from Rivermark Community Credit Union sets out no annual fee.

What this filing discloses

Rivermark Community Credit Union submitted the terms for Schumer Cash Back Visa Rate 12025 to the CFPB's agreement database; this is what they contain. The filing runs one page, and It is issued on the Visa network.

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

Confidence in the parse of this filing is moderate rather than high, so the figures below are best checked against the original.

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.

For cash advances the filing discloses a cash advance fee of 1% and a cash advance APR of 14.5%.

The filing discloses a 14.5% balance transfer rate without an accompanying fee figure.

The downside terms

No penalty APR appears in this filing by design — the document says there is none, which removes the single largest cost of a missed payment in most agreements here.

Late payments are capped at $25 under this filing, about the 32nd percentile of late fee maximums in the corpus.

Grace period and minimum charge

Anyone clearing the statement balance inside 25 days pays no purchase interest at all under this filing. That matches the 25-day median across the corpus almost exactly.

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

Against the rest of Rivermark Community Credit Union's filings

Rivermark Community Credit Union has 12 agreements indexed on this site.

What you cannot learn from the filing

This page cannot tell you a purchase rate and a foreign transaction fee, 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.

Go to the source

The filed PDF is linked from this page and runs one page. 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.