SESLOC Visa Credit Card Agreement and Disclosure MXC30 C

SESLOC Visa Credit Card Agreement and Disclosure MXC30 C 1 031424, as filed by Sesloc Credit Union, carries a purchase APR of 13.9%–17.9% and no annual fee. That purchase rate ranks near the 24th percentile across this corpus of 4,587 filings.

What the document actually states

The document behind this page is Sesloc Credit Union's filed agreement for SESLOC Visa Credit Card Agreement and Disclosure MXC30 C 1 031424. It is issued on the Visa network and the filing runs seven pages.

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

The purchase rate in context

This is a tiered agreement: the filing discloses a purchase APR anywhere from 13.9% to 17.9%, a spread of 4 percentage points. Which end of that band applies is set by the issuer at account opening and the filing does not say how.

Read against the index, the low end ranks around the 27th percentile and the high end around the 24th — the band straddles a wide stretch of the market this corpus describes.

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

Translating the rate into money

Carry $1,500 on this card for a year without paying it down and the purchase rate alone generates roughly $294 in interest.

Measured against the 21.99% corpus median, the same $1,500 costs approximately $75 less per year here.

Broken down to a single thirty-day cycle, the same balance accrues roughly $22.23.

That maths assumes a static balance and nothing else — no payments, no additional purchases, no fees folded in.

Fees, and what triggers them

No annual fee appears in the filing, in line with the roughly 75% of disclosing agreements in this index that charge nothing to hold the card.

For cash advances the filing discloses a cash advance APR of 10.75%. The grace period described below generally does not extend to cash advances, so interest on them usually begins immediately.

Transferred balances are priced at 10.75%; no separate transfer fee was captured from the filing.

The foreign transaction fee is zero — a minority position in this corpus, where roughly 22% of disclosing filings waive it.

Paying in full

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.

When a payment is late

$15 is the disclosed ceiling on a late payment fee, placing it near the 11th percentile of the set.

What you cannot learn from the filing

Absent from the captured terms: 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.

The document itself

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

In short

The pricing here is middling by the standards of the index — 17.9% on purchases is near enough to typical.