Rewards Visa

On the record for Rewards Visa®: a 3% introductory rate, filed by Landmark Credit Union.

On the face of the filing

Landmark Credit Union filed this agreement for Rewards Visa® with the Consumer Financial Protection Bureau. It is issued on the Visa network and the filing runs two pages.

On the record here: a cash advance rate, a late payment maximum and a grace period. It is silent on a purchase rate, a balance transfer rate and a penalty rate.

These figures carry medium extraction confidence — they are reproduced as read from the filing, which remains the authority.

The introductory rate

The filing discloses an introductory rate of 3% but no term for it.

Among the 763 filings here that disclose an introductory rate, 3% sits at about the 83rd percentile.

Grace period and minimum charge

Purchases carry a 25-day grace period: pay the statement in full inside it and the purchase rate never applies. That matches the 25-day median across the corpus almost exactly.

Default pricing

Late payments are capped at $25 under this filing, about the 32nd percentile of late fee maximums in the corpus.

The fee structure

Cash advances carry a cash advance APR of 29.99%.

The issuer's other agreements

This is one of 22 Landmark Credit Union agreements collected here. Their disclosed purchase rates run from 0% to 23.99%, though this particular filing does not state one in comparable form.

The limits of this document

The disclosure parsed here does not state a purchase rate, balance transfer terms, an annual fee and a foreign transaction fee. 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.

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

Everything here is a reading of the filed agreement, two pages of it, which is linked above and which governs. Terms also change between filings, so the date on the document matters.

In short

Given the parsing confidence on this filing, read the agreement itself before treating any of these figures as settled.