Disclosed rates and fees
Every figure below was read from this issuer's filed agreement. Anything the filing does not state is left out of this table rather than shown as zero.
| Cash advance APR | 17.9% |
|---|---|
| Annual fee | $0 |
| Late payment fee | up to $35 |
| Cash advance fee | None |
| Balance transfer fee | None |
| Grace period | 25 days |
| Network | Visa |
Analysis
Florida Credit Union's filed agreement for Platinum Rewards Agreement discloses no annual fee.
The disclosed terms
The document behind this page is Florida Credit Union's filed agreement for Platinum Rewards Agreement. The filing runs eight 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 and a grace period. It is silent on a purchase rate, a balance transfer rate and a penalty rate.
Confidence in the parse of this filing is moderate rather than high, so the figures below are best checked against the original.
Where the fees are
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.
Taking cash against the card means a cash advance APR of 17.9%. The grace period described below generally does not extend to cash advances, so interest on them usually begins immediately.
When a payment is late
Late payments are capped at $35 under this filing, about the 54th percentile of late fee maximums in the corpus.
The no-interest path
Purchases carry a 25-day grace period: pay the statement in full inside it and the purchase rate never applies.
How it sits in the issuer's own range
There are 16 filings from Florida Credit Union in this index. Their disclosed purchase rates run from 17.9% to 17.9%, though this particular filing does not state one in comparable form.
On fees, 4 of the 10 sibling filings that disclose an annual fee also set it at zero — this one is among them.
What you cannot learn from the filing
Absent from the captured terms: a purchase rate, a foreign transaction fee and penalty pricing. The original document is the place to look for any of these.
It is worth being explicit about scope: these filings record terms and pricing. They say nothing about rewards programmes, cardholder benefits, promotional offers or who the issuer will approve, and this review does not speculate about any of it.
The document itself
The filed PDF is linked from this page and runs eight pages. It is the authority for every figure summarised above; where this page and the document disagree, the document is right.
In short
Extraction confidence here is not high, so the conclusions above are provisional on the PDF agreeing with them.
The source document
This page is a reading of one document: the cardholder agreement Florida Credit Union filed with the Consumer Financial Protection Bureau. Where the two disagree, the filing is correct and this page is wrong.
Applications are handled by Florida Credit Union, not by us. We do not take applications and cannot say whether you would be approved.
Other cards from Florida Credit Union
-
FCU Credit Card Disclosure Non Promo
Agreement filed with the CFPB
- Annual fee
- $100
- Foreign tx fee
- 1%
-
FCU Credit Card Disclosure Non Promo
Agreement filed with the CFPB
- Annual fee
- $100
- Foreign tx fee
- 1%
-
FCU Credit Card Disclosure Non Promo
Agreement filed with the CFPB
- Annual fee
- $100
- Foreign tx fee
- 1%
-
FCU Credit Card Disclosure Non Promo
Agreement filed with the CFPB
- Annual fee
- $100
- Foreign tx fee
- 1%
Where this card sits
Groups this agreement qualifies for, by its own disclosed terms:
Comparable cards from other issuers
Closest disclosed purchase APR among cards in the same groups.