Visa Credit Card Rate Disclosure

Arrowhead Credit Union's filed agreement for Visa Credit Card Rate Disclosure discloses a purchase APR of 9.99%–24.99%, no annual fee and a 16.99% penalty rate. The purchase rate sits at roughly the 60th percentile of the 4,587 agreements indexed here.

The disclosed terms

This page covers the agreement Arrowhead Credit Union filed for Visa Credit Card Rate Disclosure. The filing runs one page, and It is issued on the Visa network.

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

How the purchase rate compares

Rather than a single purchase rate, the document gives a band — 9.99% at the bottom, 24.99% at the top, 15 points wide. The agreement discloses the range without disclosing how an account is placed within it.

Read against the index, the low end ranks around the 11th percentile and the high end around the 60th — the band straddles a wide stretch of the market this corpus describes.

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.

The cost of carrying a balance

At the disclosed purchase APR, $5,000 revolving for a full year costs something like $1,419 in interest.

A card priced at the corpus median of 21.99% would charge roughly $1,229 on that balance. This one charges about $190 more per year.

Month to month it reads as about $103.72 per cycle on that balance.

Treat this as an illustration of what the disclosed rate does, not as a projection of a real account, which would be shaped by payments and by the fees described elsewhere in the filing.

The fee structure

There is no annual fee. That is the common case in this corpus — about 75% of the filings that disclose an annual fee at all disclose it as $0 — so it is a baseline expectation rather than a distinguishing feature.

For cash advances the filing discloses a cash advance fee of 1%.

The filing discloses a 17.99% balance transfer rate without an accompanying fee figure.

Spending abroad costs an extra 0.8% — about $8 on $1,000 of purchases, independent of interest.

Paying in full

Purchases carry a 21-day grace period: pay the statement in full inside it and the purchase rate never applies. That is shorter than the 25-day corpus median.

The downside terms

The agreement discloses penalty pricing of 16.99% — about the 7th percentile of the 794 penalty rates recorded across this index.

The maximum late fee is $15 — roughly the 11th percentile of the late fee ceilings disclosed across this index.

The issuer's other agreements

3 separate Arrowhead Credit Union filings appear in the corpus.

What the filing does not tell you

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

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

In short

The pricing here is middling by the standards of the index — 24.99% 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.