VISA Transparent (Previously Classic Variable) Open Prior to Oct 2020 12272022

Truliant Federal Credit Union's filed agreement for 491020 VISA Transparent (Previously Classic Variable) Open Prior to Oct 2020 12272022 1 discloses a 11.9% purchase APR and no annual fee. That purchase rate ranks near the 8th percentile across this corpus of 4,587 filings.

On the face of the filing

Truliant Federal Credit Union filed this agreement for 491020 VISA Transparent (Previously Classic Variable) Open Prior to Oct 2020 12272022 1 with the Consumer Financial Protection Bureau. The filing runs seven pages, and It is issued on the Visa network.

The disclosure covers a purchase rate, an annual fee line, a late payment maximum and a grace period. It is silent on a cash advance rate, a balance transfer rate and a penalty rate.

Where the purchase APR sits

At 11.9%, the purchase APR falls at roughly the 8th percentile of the 2,280 filings indexed here, which sits well down in the cheaper fifth of the set.

The arithmetic of revolving

The purchase rate turns a $1,000 revolving balance into roughly $126 of annual interest.

The corpus median purchase rate is 21.99%, which on the same $1,000 would cost about $246 a year. This filing saves roughly $120 annually against that benchmark.

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

Where the fees are

No annual fee appears in the filing, in line with the roughly 75% of disclosing agreements in this index that charge nothing to hold the card.

Paying in full

The filing gives 25 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest. 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.

What a missed payment costs

$0 is the disclosed ceiling on a late payment fee, placing it near the 2nd percentile of the set.

The issuer's other agreements

4 separate Truliant Federal Credit Union filings appear in the corpus. Across that lineup purchase rates span 12.99% to 15.74%; this filing's 11.9% sits above 0 of the comparable ones.

What is outside the disclosure

Absent from the captured terms: balance transfer terms, a foreign transaction fee and penalty pricing. The original document is the place to look for any of these.

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

This summary stands or falls on the linked PDF — seven pages. Agreements are amended over time, and the filing reflects the terms as submitted rather than as they stand today.

In short

At 11.9% the purchase rate is low relative to this corpus, which is the clearest thing the filing has going for it on cost. The absence of an annual fee means the rate is the only thing that can make this card expensive.