FCU Credit Card Disclosure Non Promo

Florida Credit Union's filed agreement for FCU Credit Card Disclosure Non Promo discloses a $100 annual fee.

What this filing discloses

FCU Credit Card Disclosure Non Promo is one of the agreements Florida Credit Union has on file with the CFPB. The filing runs two pages, and It is issued on the Visa network.

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

Parsing confidence here is medium, so treat the figures as indicative of the filing rather than a substitute for it.

The downside terms

On the fee side, a late payment can cost up to $35, which is around the 54th percentile here.

Charges beyond interest

$100 a year is the disclosed annual fee, which ranks near the 94th percentile of the fees filed across this corpus.

Year one is free of the fee per the filing; $100 applies thereafter.

Taking cash against the card means a cash advance APR of 17.9%. 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 filing sets a 1% foreign transaction fee, which adds roughly $20 to $2,000 spent outside the United States.

The grace period

The filing gives 25 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest. That matches the 25-day median across the corpus almost exactly.

The $1.50 minimum interest charge means the effective cost of carrying a very small balance is far higher than the quoted APR implies.

Against the rest of Florida Credit Union's filings

Florida Credit Union has 16 agreements indexed on this site. Their disclosed purchase rates run from 17.9% to 17.9%, though this particular filing does not state one in comparable form.

Among the issuer's other filings that disclose a fee, 5 of 10 come in below this card's $100.

What is outside the disclosure

Absent from the captured terms: a purchase rate, balance transfer terms and penalty pricing. The original document is the place to look for any of these.

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.

Reading the agreement yourself

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 $100 annual fee is charged regardless of use, so it is a cost that applies even to an account that never revolves. Given the parsing confidence on this filing, read the agreement itself before treating any of these figures as settled.