zMastercard Secured

zMastercard Secured, as filed by Broadview Federal Credit Union, carries a 18% purchase APR and no annual fee. Against the 4,587 filings on this site, that rate lands around the 34th percentile.

What the document actually states

This page covers the agreement Broadview Federal Credit Union filed for zMastercard Secured. The filing runs two pages.

The filing is explicit about a purchase rate, an annual fee line, a late payment maximum, a foreign transaction fee and a grace period. It is silent on a cash advance rate, a balance transfer rate and a penalty rate.

The row carrying the purchase rate is unlabelled in the original document; it is reported here as the most likely purchase figure rather than a certain one.

A secured agreement

The product name identifies this as a secured card, which means the account is backed by a deposit the cardholder provides. The filing indexed here discloses rates and fees; it is the agreement text that governs how the deposit is held, when it is applied and under what conditions it is returned.

For context, the 18% purchase rate lands around the 34th percentile of all the agreements on this site, which is the useful comparison regardless of the deposit.

Pricing the purchase rate

The purchase APR of 18% places this agreement around the 34th percentile of the set — it undercuts the typical filing.

What a balance actually costs

At the disclosed purchase APR, $4,000 revolving for a full year costs something like $789 in interest.

Measured against the 21.99% corpus median, the same $4,000 costs approximately $195 less per year here.

Broken down to a single thirty-day cycle, the same balance accrues roughly $59.60.

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

Fees, and what triggers them

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.

The foreign transaction fee is zero — a minority position in this corpus, where roughly 22% of disclosing filings waive it.

Default pricing

Late payments are capped at $0 under this filing, about the 2nd percentile of late fee maximums in the corpus.

The no-interest path

Purchases carry a 25-day grace period: pay the statement in full inside it and the purchase rate never applies. That matches the 25-day median across the corpus almost exactly.

No minimum interest charge is imposed, so a cycle that accrues a few cents of interest is billed a few cents.

The limits of this document

This page cannot tell you anything about cash advances, balance transfer terms and penalty pricing, because the filing's disclosure table as read does not contain them.

What this analysis can address is bounded by the filing: rates, fees and the terms around them. Everything a card issuer might advertise — rewards, benefits, bonuses, who qualifies — falls outside the document and outside this review.

Against the rest of Broadview Federal Credit Union's filings

27 separate Broadview Federal Credit Union filings appear in the corpus. The others all file the same 18% purchase rate. Whatever separates these products, it is not the cost of borrowing.

Where the authority sits

This summary stands or falls on the linked PDF — two pages. 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 — 18% 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.