College Visa Rates, Fees, and Terms

The College Visa Rates, Fees, and Terms filing from Provident Credit Union sets out a 14.9% introductory rate and a 18% penalty rate.

What the agreement puts on the record

What follows is drawn entirely from Provident Credit Union's CFPB filing for College Visa Rates, Fees, and Terms. The filing runs one page, and It is issued on the Visa network.

The disclosure covers a cash advance rate, a balance transfer rate, a penalty rate and a grace period. A purchase rate, an annual fee line and a late payment maximum are not stated.

The disclosure table in this document parsed only moderately cleanly; the numbers are reported as read, with that caveat attached.

What the promotional rate is worth

An introductory rate of 14.9% appears without a disclosed duration.

Among the 763 filings here that disclose an introductory rate, 14.9% sits at about the 94th percentile.

Crucially, the go-to rate is absent from what could be read out of this filing. A promotional rate without the rate that follows it is only half the pricing, and the PDF is the only source for the other half.

Fees, and what triggers them

Taking cash against the card means a cash advance APR of 18%. Cash advances also tend to fall outside any grace period, which means interest typically starts on day one rather than at the end of a billing cycle.

Transferred balances are priced at 16.9%; no separate transfer fee was captured from the filing.

Default pricing

If the account defaults, the filing permits a rate of 18%. Among disclosing agreements here that ranks near the 19th percentile.

The grace period

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.

Against the rest of Provident Credit Union's filings

This is one of 9 Provident Credit Union agreements collected here. Their disclosed purchase rates run from 13.9% to 14.9%, though this particular filing does not state one in comparable form.

The limits of this document

This page cannot tell you a purchase rate, an annual fee and a foreign transaction fee, because the filing's disclosure table as read does not contain them.

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.

Where the authority sits

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

In short

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