Rewards Preferred MasterCard Rate and Terms Agreement

Rewards Preferred MasterCard Rate and Terms Agreement, as filed by San Antonio Citizens Federal Credit Union, carries a 9.9% purchase APR and a 2.9% introductory rate. That purchase rate ranks near the 5th percentile across this corpus of 4,587 filings.

What this filing discloses

The document behind this page is San Antonio Citizens Federal Credit Union's filed agreement for Rewards Preferred MasterCard Rate and Terms Agreement. It is issued on the Mastercard network and the filing runs two pages.

On the record here: a purchase rate, a cash advance rate, a balance transfer rate, a late payment maximum and a foreign transaction fee. No figure appears for a penalty rate and an annual fee line.

What the promotional rate is worth

For the first six months the filing sets a reduced rate of 2.9%. Balances still cost something during that window.

Among the 763 filings here that disclose an introductory rate, 2.9% sits at about the 73rd percentile.

What matters more than the promotion is the rate waiting behind it: 9.9%. A $2,500 balance that survives the promotional window costs roughly $260 a year from that point on.

How the purchase rate compares

Measured against every other filing on the site, 9.9% is about the 5th percentile for purchase APR; it lands at the extreme low end of the filings.

This is disclosed as a variable rate. The number above is a snapshot: it tracks an index, so it changes without the agreement being amended.

To be precise about which number this is: the filing identifies it as the rate that takes over after the introductory period, not the introductory rate.

The cost of carrying a balance

Carry $3,000 on this card for a year without paying it down and the purchase rate alone generates roughly $312 in interest.

The corpus median purchase rate is 21.99%, which on the same $3,000 would cost about $738 a year. This filing saves roughly $425 annually against that benchmark.

That maths assumes a static balance and nothing else — no payments, no additional purchases, no fees folded in.

Fees, and what triggers them

For cash advances the filing discloses a cash advance APR of 9.9%.

The filing discloses a 5.9% balance transfer rate without an accompanying fee figure.

Foreign transactions attract 1%. On $2,000 of overseas spending that is $20, charged on top of whatever exchange rate applies.

Penalty pricing and late fees

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

Grace period and minimum charge

Purchases carry a 25-day grace period: pay the statement in full inside it and the purchase rate never applies. That matches the 25-day median across the corpus almost exactly.

Against the rest of San Antonio Citizens Federal Credit Union's filings

San Antonio Citizens Federal Credit Union has 6 agreements indexed on this site. Their disclosed purchase rates run from 8.9% to 9.9%, and this one at 9.9% is more expensive than 1 of them.

What you cannot learn from the filing

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

An agreement filing is not a marketing document. Rewards, perks, welcome offers and eligibility rules are not in it, are not in this dataset, and are therefore not discussed anywhere on this page.

Where the authority sits

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

At 9.9% the purchase rate is low relative to this corpus, which is the clearest thing the filing has going for it on cost.