Visa Platinum (Variable) Credit Card Account Opening Disclosure

The Visa Platinum (Variable) Credit Card Account Opening Disclosure filing from Idaho Central Credit Union sets out a 17.99% purchase APR. Against the 4,587 filings on this site, that rate lands around the 28th percentile.

On the face of the filing

The document behind this page is Idaho Central Credit Union's filed agreement for Visa Platinum (Variable) Credit Card Account Opening Disclosure. The filing runs three pages, and It is issued on the Visa network.

The filing is explicit about a purchase rate, 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.

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

Note that the purchase APR row in this table carries no explicit label in the filing, which introduces some ambiguity about what it covers.

The purchase APR against the corpus

Measured against every other filing on the site, 17.99% is about the 28th percentile for purchase APR; it is on the cheaper side of the median.

What a balance actually costs

Carry $3,000 on this card for a year without paying it down and the purchase rate alone generates roughly $591 in interest.

Measured against the 21.99% corpus median, the same $3,000 costs approximately $146 less per year here.

These figures are arithmetic on the disclosed rate, not a quote: they assume the balance is never reduced, ignore any payments, and take no account of fees charged separately.

Where the fees are

The filing sets a 1% foreign transaction fee, which adds roughly $30 to $3,000 spent outside the United States.

Grace period and minimum charge

The filing gives 21 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest. With a corpus median of 25 days, this window is narrower than the norm.

The downside terms

The maximum late fee is $15 — roughly the 11th percentile of the late fee ceilings disclosed across this index.

How it sits in the issuer's own range

There are 11 filings from Idaho Central Credit Union in this index. Their disclosed purchase rates run from 17.99% to 24%, and this one at 17.99% is more expensive than 0 of them.

What is outside the disclosure

Absent from the captured terms: anything about cash advances, balance transfer terms, an annual 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.

Go to the source

The original filing, 3 pages long, is linked on this page and should be read before any figure here is acted on. It is also a snapshot: issuers refile as terms change.

In short

17.99% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern. Given the parsing confidence on this filing, read the agreement itself before treating any of these figures as settled.