Combined Card Important Terms 01

On the record for Combined Card Important Terms 01 2026: a purchase APR of 14.25%–17.25%, no annual fee and a 12-month 0% opening period, filed by State Employees Credit Union. The purchase rate sits at roughly the 22nd percentile of the 4,587 agreements indexed here.

What the document actually states

State Employees Credit Union submitted the terms for Combined Card Important Terms 01 2026 to the CFPB's agreement database; this is what they contain. It is issued on the Visa network and the filing runs 18 pages.

On the record here: a purchase rate, a cash advance rate, an annual fee line, a late payment maximum and a grace period. It is silent on a balance transfer rate, a penalty rate and a foreign transaction fee.

What the promotional rate is worth

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

Zero-percent openings appear in roughly 458 of the filings on this site, which puts this agreement in a sizeable minority rather than a class of its own.

The go-to rate is 17.25%. Any balance still outstanding when the promotion lapses starts accruing at that figure — about $941 a year on $5,000.

The promotional window is therefore worth something on the order of $941 on $5,000, measured against the same balance priced at the standard rate for the same period.

Pricing the purchase rate

The purchase APR is quoted as a range of 14.25% to 17.25%. That 3-point spread is the whole of what the filing commits to; the method for assigning a rate inside it is not in the document.

The floor of that band sits at about the 29th percentile of filed purchase rates; the ceiling sits at about the 22nd. In corpus terms the same card can be cheap or expensive depending on how it is priced.

Because the rate is variable, the figure quoted is tied to an index and will drift with it. Nothing here is a fixed commitment.

The arithmetic of revolving

A $2,000 balance left untouched for twelve months accrues about $376 in interest at this purchase rate.

A typical filing in this index would charge about $492 on that balance; this one is roughly $115 a year below it.

Month to month it reads as about $28.55 per cycle on that balance.

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

The grace period

The filing gives 23 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest. The typical filing here allows 25 days, so this one is tighter than most.

When a payment is late

$20 is the disclosed ceiling on a late payment fee, placing it near the 17th percentile of the set.

Charges beyond interest

The annual fee is $0. Roughly 75% of filings here that state a fee state zero, so the absence of one is unremarkable in this market.

Cash advances carry a cash advance fee of $0 and a cash advance APR of 18%. The premium over purchases is 0.75 percentage points.

Transfers are charged $5 or 3% of the amount transferred, whichever is greater, though no distinct transfer APR appears in the document. Shifting $1,000 across attracts something like $30 in fees on day one.

What the filing does not tell you

This page cannot tell you a foreign transaction fee 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.

The document itself

Everything here is a reading of the filed agreement, 18 pages of it, which is linked above and which governs. Terms also change between filings, so the date on the document matters.

In short

The pricing here is middling by the standards of the index — 17.25% on purchases is near enough to typical. The absence of an annual fee means the rate is the only thing that can make this card expensive.