Visa Imagine Rewards Truth in Lending Terms and Conditions

Visa Imagine Rewards Truth in Lending Terms and Conditions, as filed by Dupage Credit Union, carries a purchase APR of 12.5%–20.5%, no annual fee and a 12-month 0% opening period. Against the 4,587 filings on this site, that rate lands around the 44th percentile.

What the document actually states

Visa Imagine Rewards Truth in Lending Terms and Conditions is one of the agreements Dupage Credit Union has on file with the CFPB. It is issued on the Visa network and the filing runs six 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. No figure appears for a cash advance rate, a balance transfer rate and a penalty rate.

Zero percent, and then what

The filing discloses a 0% introductory rate running 12 months. For that window, balances covered by the promotion accrue no interest at all.

About 458 agreements in this corpus carry a zero-percent opening rate; this is one of them.

Once the introductory period ends the rate becomes 20.5%, which turns a lingering $5,000 balance into approximately $1,137 of annual interest.

Valued honestly, 12 months at zero on $5,000 avoids about $1,137 of interest compared with the go-to rate — the whole of what the promotion delivers.

Pricing the purchase rate

Rather than a single purchase rate, the document gives a band — 12.5% at the bottom, 20.5% at the top, 8 points wide. The agreement discloses the range without disclosing how an account is placed within it.

The floor of that band sits at about the 20th percentile of filed purchase rates; the ceiling sits at about the 44th. In corpus terms the same card can be cheap or expensive depending on how it is priced.

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 rate discussed in this section is the go-to rate — the one that applies once the promotional period described below has ended, not the promotional rate itself.

What the rate means in dollars

Put $5,000 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $1,137.

Priced at the median of 21.99%, that balance would generate about $1,229 in a year — so this agreement comes in around $92 cheaper for the same debt.

Month to month it reads as about $84.94 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.

When a payment is late

$25 is the disclosed ceiling on a late payment fee, placing it near the 32nd percentile of the set.

Charges beyond interest

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.

Cash advances carry a cash advance fee of $5 or 3% of the advance, whichever is greater. The two halves of that fee cross at about $167: below it the flat $5 applies, above it the percentage does.

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

Paying in full

25 days is the disclosed grace period for purchases — the interval in which paying in full costs nothing.

The filing sets the minimum interest charge at zero — small balances are not rounded up to a floor.

Inside Dupage Credit Union's filed lineup

10 separate Dupage Credit Union filings appear in the corpus. The issuer's own range is 18.5%–24.5%. At 20.5%, this agreement is dearer than 6 of its siblings.

What the filing does not tell you

Absent from the captured terms: balance transfer terms 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.

Where the authority sits

This summary stands or falls on the linked PDF — six 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 — 20.5% on purchases is near enough to typical.