PFCU Preferred VISA Disclosure

Pfcu's filed agreement for PFCU Preferred VISA Disclosure discloses a 13.5% purchase APR and no annual fee. Against the 4,587 filings on this site, that rate lands around the 11th percentile.

What the agreement puts on the record

What follows is drawn entirely from Pfcu's CFPB filing for PFCU Preferred VISA Disclosure. It is issued on the Visa network and the filing runs five pages.

The filing is explicit about a purchase rate, an annual fee line, a late payment maximum and a grace period. It is silent on a cash advance rate, a balance transfer rate and a penalty rate.

The purchase APR against the corpus

Measured against every other filing on the site, 13.5% is about the 11th percentile for purchase APR; it falls in the low band of the corpus.

What the rate means in dollars

A $1,500 balance left untouched for twelve months accrues about $217 in interest at this purchase rate.

Measured against the 21.99% corpus median, the same $1,500 costs approximately $152 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.

What the card costs before you borrow

There is no annual fee. That is the common case in this corpus — about 75% of the filings that disclose an annual fee at all disclose it as $0 — so it is a baseline expectation rather than a distinguishing feature.

When a payment is late

The maximum late fee is $25 — roughly the 32nd percentile of the late fee ceilings disclosed across this index.

The no-interest path

The filing gives 25 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest.

The limits of this document

The disclosure parsed here does not state anything about cash advances, a foreign transaction fee 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.

What this analysis can address is bounded by the filing: rates, fees and the terms around them. Everything a card issuer might advertise — rewards, benefits, bonuses, who qualifies — falls outside the document and outside this review.

Inside Pfcu's filed lineup

6 separate Pfcu filings appear in the corpus. The issuer's own range is 12.5%–15%. At 13.5%, this agreement is dearer than 1 of its siblings.

Reading the agreement yourself

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

In short

At 13.5% 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.