January 2022 Rates and Disclosures

Tucson Federal Credit Union's filed agreement for January 2022 Rates and Disclosures discloses a 2.99% purchase APR and a 2.99% introductory rate. The purchase rate sits at roughly the 2nd percentile of the 4,587 agreements indexed here.

What this filing discloses

What follows is drawn entirely from Tucson Federal Credit Union's CFPB filing for January 2022 Rates and Disclosures. The filing runs four pages, and It is issued on the Visa network.

The filing is explicit about 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.

The filing bundles multiple products into one disclosure table. Any figure quoted here may describe a related card in the same filing, so the PDF should be read before treating these numbers as this card's own.

What the promotional rate is worth

An introductory rate of 2.99% appears without a disclosed duration.

Among the 763 filings here that disclose an introductory rate, 2.99% sits at about the 79th percentile.

The go-to rate is 2.99%. Any balance still outstanding when the promotion lapses starts accruing at that figure — about $152 a year on $5,000.

The purchase APR against the corpus

Ranked against the corpus, this purchase APR — 2.99% — sits at approximately the 2nd percentile and lands at the extreme low end of the filings.

The filing marks this rate as variable, which means it moves with the index the agreement names rather than staying where it is quoted today.

This figure is the post-promotional rate. The introductory pricing is handled separately further down.

What the rate means in dollars

Carry $2,000 on this card for a year without paying it down and the purchase rate alone generates roughly $61 in interest.

A typical filing in this index would charge about $492 on that balance; this one is roughly $431 a year below it.

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

Charges beyond interest

Taking cash against the card means a cash advance APR of 0.5%.

Transferred balances are priced at 0%; no separate transfer fee was captured from the filing.

The filing sets a 1% foreign transaction fee, which adds roughly $10 to $1,000 spent outside the United States.

The downside terms

The maximum late fee is $3 — roughly the 4th percentile of the late fee ceilings disclosed across this index.

The no-interest path

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.

What is outside the disclosure

This page cannot tell you an annual 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.

Inside Tucson Federal Credit Union's filed lineup

Tucson Federal Credit Union has 19 agreements indexed on this site. Their disclosed purchase rates run from 2.99% to 18%, and this one at 2.99% is more expensive than 0 of them.

The document itself

The filed PDF is linked from this page and runs four pages. It is the authority for every figure summarised above; where this page and the document disagree, the document is right.

In short

The purchase rate of 2.99% is one of the cheaper figures in this index — the central point in the agreement's favour. The multi-product table is the larger caveat: these numbers are the table's, not necessarily this card's.