Share Secured Visa Rates, Fees, and Terms

The Share Secured Visa Rates, Fees, and Terms filing from Provident Credit Union sets out a 8.9% introductory rate and a 18% penalty rate.

The disclosed terms

The document behind this page is Provident Credit Union's filed agreement for Share Secured Visa Rates, Fees, and Terms. The filing runs one page, and It is issued on the Visa network.

The filing is explicit about a cash advance rate, a balance transfer rate, a penalty rate and a grace period. No figure appears for a purchase rate, an annual fee line and a late payment maximum.

Parsing confidence here is medium, so treat the figures as indicative of the filing rather than a substitute for it.

The introductory rate

The filing discloses an introductory rate of 8.9% but no term for it.

Among the 763 filings here that disclose an introductory rate, 8.9% sits at about the 91st 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.

The fee structure

Cash advances carry a cash advance APR of 12.9%.

The filing discloses a 10.9% balance transfer rate without an accompanying fee figure.

When a payment is late

The agreement discloses penalty pricing of 18% — about the 19th percentile of the 794 penalty rates recorded across this index.

The grace period

Anyone clearing the statement balance inside 25 days pays no purchase interest at all under this filing. That matches the 25-day median across the corpus almost exactly.

How it sits in the issuer's own range

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.

What is outside the disclosure

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.

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.

The document itself

Everything here is a reading of the filed agreement, one page 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.