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 the document actually states

Florida Credit Union filed this agreement for FCU Credit Card Disclosure Non Promo with the Consumer Financial Protection Bureau. It is issued on the Visa network and the filing runs two pages.

Terms captured from the document include 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.

The disclosure table in this document parsed only moderately cleanly; the numbers are reported as read, with that caveat attached.

Charges beyond interest

The annual fee is $100, charged whether or not the card is used. Against the filings here that disclose a fee, that sits at roughly the 94th percentile.

The filing states the fee is waived for the first year, so the $100 is a second-year cost rather than an immediate one.

For cash advances the filing discloses a cash advance APR of 17.9%.

Foreign transactions attract 1%. On $1,000 of overseas spending that is $10, charged on top of whatever exchange rate applies.

The no-interest path

25 days is the disclosed grace period for purchases — the interval in which paying in full costs nothing. That matches the 25-day median across the corpus almost exactly.

Where interest applies at all, the filing bills at least $1.50. On a tiny balance that floor can dwarf the rate itself.

The downside terms

$35 is the disclosed ceiling on a late payment fee, placing it near the 54th percentile of the set.

The issuer's other agreements

16 separate Florida Credit Union filings appear in the corpus. Their disclosed purchase rates run from 17.9% to 17.9%, though this particular filing does not state one in comparable form.

Its $100 annual fee is higher than 5 of the 10 sibling filings that state one.

What is outside the disclosure

The disclosure parsed here does not state a purchase rate, balance transfer terms and penalty pricing. Those gaps are gaps in what could be read from the filing, and the PDF may well address them in prose the rate table does not capture.

An agreement filing is not a marketing document. Rewards, perks, welcome offers and eligibility rules are not in it, are not in this dataset, and are therefore not discussed anywhere on this page.

Go to the source

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