Visa Classic Credit Card Disclosures

The Visa Classic Credit Card Disclosures filing from Cache Valley Bank sets out a 16.9% purchase APR and a $10 annual fee. That purchase rate ranks near the 20th percentile across this corpus of 4,587 filings.

On the face of the filing

What follows is drawn entirely from Cache Valley Bank's CFPB filing for Visa Classic Credit Card Disclosures. It is issued on the Visa network and the filing runs three pages.

The filing is explicit about a purchase rate, a cash advance rate, an annual fee line and a late payment maximum. No figure appears for a balance transfer rate, a penalty rate and a foreign transaction fee.

How the purchase rate compares

Measured against every other filing on the site, 16.9% is about the 20th percentile for purchase APR; it falls in the low band of the corpus.

Translating the rate into money

A $2,000 balance left untouched for twelve months accrues about $368 in interest at this purchase rate.

A typical filing in this index would charge about $492 on that balance; this one is roughly $124 a year below it.

Broken down to a single thirty-day cycle, the same balance accrues roughly $27.97.

These figures are arithmetic on the disclosed rate, not a quote: they assume the balance is never reduced, ignore any payments, and take no account of fees charged separately.

Where the fees are

Holding the card costs $10 a year before any transaction takes place — about the 76th percentile among agreements in this index that state a fee.

Taking cash against the card means a cash advance APR of 16.9%. Cash advances also tend to fall outside any grace period, which means interest typically starts on day one rather than at the end of a billing cycle.

The downside terms

On the fee side, a late payment can cost up to $50, which is around the 100th percentile here.

Paying in full

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

The issuer's other agreements

There are 4 filings from Cache Valley Bank in this index.

What you cannot learn from the filing

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

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.

Reading the agreement yourself

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

In short

The purchase rate of 16.9% is one of the cheaper figures in this index — the central point in the agreement's favour. The $10 annual fee is charged regardless of use, so it is a cost that applies even to an account that never revolves.