Visa Credit Card Account Opening Disclosure 15 90%

Visa Credit Card Account Opening Disclosure 15 90%, as filed by J S C Federal Credit Union, carries a 15.9% purchase APR, no annual fee and a 2.99% introductory rate. The purchase rate sits at roughly the 17th percentile of the 4,587 agreements indexed here.

What the agreement puts on the record

J S C Federal Credit Union submitted the terms for Visa Credit Card Account Opening Disclosure 15 90% to the CFPB's agreement database; this is what they contain. It is issued on the Visa network and the filing runs two pages.

Terms captured from the document include a purchase rate, a cash advance rate, a balance transfer rate, an annual fee line and a late payment maximum. No figure appears for a penalty rate.

What the promotional rate is worth

The introductory rate is 2.99%, held for six months. It is a discount rather than a holiday — interest still accrues, just more slowly than the go-to rate.

Among the 763 filings here that disclose an introductory rate, 2.99% sits at about the 79th percentile.

The go-to rate is 15.9%. Any balance still outstanding when the promotion lapses starts accruing at that figure — about $172 a year on $1,000.

Pricing the purchase rate

Ranked against the corpus, this purchase APR — 15.9% — sits at approximately the 17th percentile and sits well down in the cheaper fifth of the set.

To be precise about which number this is: the filing identifies it as the rate that takes over after the introductory period, not the introductory rate.

What a balance actually costs

At the disclosed purchase APR, $2,500 revolving for a full year costs something like $431 in interest.

Measured against the 21.99% corpus median, the same $2,500 costs approximately $184 less per year here.

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.

Fees, and what triggers them

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 APR of 15.9%.

Transferred balances are priced at 15.9%; no separate transfer fee was captured from the filing.

Spending abroad costs an extra 1% — about $20 on $2,000 of purchases, independent of interest.

The downside terms

On the fee side, a late payment can cost up to $0, which is around the 2nd percentile here.

Paying in full

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.

How it sits in the issuer's own range

This is one of 12 J S C Federal Credit Union agreements collected here. Their disclosed purchase rates run from 7.9% to 17.9%, and this one at 15.9% is more expensive than 7 of them.

What the filing does not tell you

This page cannot tell you penalty pricing, because the filing's disclosure table as read does not contain it.

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.

Reading the agreement yourself

The filed PDF is linked from this page and runs two pages. It is the authority for every figure summarised above; where this page and the document disagree, the document is right.

In short

At 15.9% the purchase rate is low relative to this corpus, which is the clearest thing the filing has going for it on cost. The absence of an annual fee means the rate is the only thing that can make this card expensive.