Full Visa Dislcosure Combined 11

The Full Visa Dislcosure Combined 11 25 filing from Commonwealth Central Credit Union sets out no annual fee.

On the face of the filing

Commonwealth Central Credit Union submitted the terms for Full Visa Dislcosure Combined 11 25 to the CFPB's agreement database; this is what they contain. The filing runs nine pages, and It is issued on the Visa network.

The disclosure covers an annual fee line, a late payment maximum, a foreign transaction fee and a grace period. No figure appears for a purchase rate, a cash advance rate and a balance transfer rate.

Confidence in the parse of this filing is moderate rather than high, so the figures below are best checked against the original.

Grace period and minimum charge

Purchases carry a 25-day grace period: pay the statement in full inside it and the purchase rate never applies.

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

The downside terms

$10 is the disclosed ceiling on a late payment fee, placing it near the 6th percentile of the set.

The fee structure

The annual fee is $0. Roughly 75% of filings here that state a fee state zero, so the absence of one is unremarkable in this market.

For cash advances the filing discloses a cash advance fee of $10 or 3% of the advance, whichever is greater.

A balance transfer costs $10 or 3% of the amount transferred, whichever is greater up front. The filing does not separately state the rate applied to transferred balances. On $2,000 that fee is about $60 before any interest is charged.

Spending abroad costs an extra 1% — about $15 on $1,500 of purchases, independent of interest.

What is outside the disclosure

Absent from the captured terms: a purchase rate 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

Everything here is a reading of the filed agreement, nine pages of it, which is linked above and which governs. Terms also change between filings, so the date on the document matters.

In short

Extraction confidence here is not high, so the conclusions above are provisional on the PDF agreeing with them.