Spurs Rewards MasterCard Rate and Terms Agreement

Spurs Rewards MasterCard Rate and Terms Agreement, as filed by San Antonio Citizens Federal Credit Union, carries a 9.9% purchase APR and a 2.9% introductory rate. The purchase rate sits at roughly the 5th percentile of the 4,587 agreements indexed here.

What the document actually states

Spurs Rewards MasterCard Rate and Terms Agreement is one of the agreements San Antonio Citizens Federal Credit Union has on file with the CFPB. The filing runs two pages, and It is issued on the Mastercard network.

On the record here: a purchase rate, a cash advance rate, a balance transfer rate, a late payment maximum and a foreign transaction fee. A penalty rate and an annual fee line are not stated.

What the promotional rate is worth

The introductory rate is 2.9%, 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, 2.9% sits at about the 73rd percentile.

Once the introductory period ends the rate becomes 9.9%, which turns a lingering $2,500 balance into approximately $260 of annual interest.

The purchase rate in context

The purchase APR of 9.9% places this agreement around the 5th percentile of the set — it lands at the extreme low end of the filings.

Because the rate is variable, the figure quoted is tied to an index and will drift with it. Nothing here is a fixed commitment.

The rate discussed in this section is the go-to rate — the one that applies once the promotional period described below has ended, not the promotional rate itself.

The arithmetic of revolving

A $3,000 balance left untouched for twelve months accrues about $312 in interest at this purchase rate.

Measured against the 21.99% corpus median, the same $3,000 costs approximately $425 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.

Charges beyond interest

Taking cash against the card means a cash advance APR of 9.9%.

Transferred balances are priced at 5.9%; no separate transfer fee was captured from the filing.

Spending abroad costs an extra 1% — about $30 on $3,000 of purchases, independent of interest.

Penalty pricing and late fees

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

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.

The limits of this document

Absent from the captured terms: an annual fee and penalty pricing. The original document is the place to look for any of these.

More broadly, a CFPB agreement filing is a legal and pricing document. It does not describe rewards, benefits, sign-up offers, eligibility or approval criteria, and nothing of that kind has been inferred on this page. Where a card has features of that sort, they live outside this document entirely.

Against the rest of San Antonio Citizens Federal Credit Union's filings

This is one of 6 San Antonio Citizens Federal Credit Union agreements collected here. Their disclosed purchase rates run from 8.9% to 9.9%, and this one at 9.9% is more expensive than 1 of them.

Reading the agreement yourself

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

At 9.9% the purchase rate is low relative to this corpus, which is the clearest thing the filing has going for it on cost.