Credit Card Account Opening Disclosure

Siouxland Federal Credit Union filed this agreement for Credit Card Account Opening Disclosure.

On the face of the filing

Credit Card Account Opening Disclosure is one of the agreements Siouxland Federal Credit Union has on file with the CFPB. It is issued on the Visa network and the filing runs two pages.

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

These figures carry medium extraction confidence — they are reproduced as read from the filing, which remains the authority.

The downside terms

Late payments are capped at $20 under this filing, about the 17th percentile of late fee maximums in the corpus.

Fees, and what triggers them

Cash advances carry a cash advance fee of $5 or 3% of the advance, whichever is greater.

The filing sets a 1% foreign transaction fee, which adds roughly $30 to $3,000 spent outside the United States.

Paying in full

25 days is the disclosed grace period for purchases — the interval in which paying in full costs nothing. That matches the 25-day median across the corpus almost exactly.

What is outside the disclosure

The disclosure parsed here does not state a purchase rate, balance transfer terms, an annual fee 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.

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.

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

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.