Disclosed rates and fees
Every figure below was read from this issuer's filed agreement. Anything the filing does not state is left out of this table rather than shown as zero.
| Introductory APR | 1.99% |
|---|---|
| Late payment fee | up to $25 |
| Foreign transaction fee | None |
| Balance transfer fee | None |
| Grace period | 25 days |
| Minimum interest charge | $0 |
Analysis
On the record for Credit Card Agreement and Disclosures 4 1 2022: a 1.99% introductory rate, filed by Sound Credit Union.
The disclosed terms
The document behind this page is Sound Credit Union's filed agreement for Credit Card Agreement and Disclosures 4 1 2022. The filing runs four pages.
The filing is explicit about a late payment maximum, a foreign transaction fee and a grace period. It is silent on a purchase rate, a cash advance rate and a balance transfer rate.
The disclosure table in this document parsed only moderately cleanly; the numbers are reported as read, with that caveat attached.
The introductory rate
An introductory rate of 1.99% appears without a disclosed duration.
Among the 763 filings here that disclose an introductory rate, 1.99% sits at about the 66th percentile.
Fees, and what triggers them
No foreign transaction fee is charged, which puts this filing in the roughly 22% of disclosing agreements here that do not take a cut of overseas spending.
What a missed payment costs
$25 is the disclosed ceiling on a late payment fee, placing it near the 32nd percentile of the set.
Grace period and minimum charge
Anyone clearing the statement balance inside 25 days pays no purchase interest at all under this filing.
The filing sets the minimum interest charge at zero — small balances are not rounded up to a floor.
What you cannot learn from the filing
Absent from the captured terms: a purchase rate, anything about cash advances, an annual fee and penalty pricing. The original document is the place to look for any of these.
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
This summary stands or falls on the linked PDF — four pages. Agreements are amended over time, and the filing reflects the terms as submitted rather than as they stand today.
In short
Extraction confidence here is not high, so the conclusions above are provisional on the PDF agreeing with them.
The source document
This page is a reading of one document: the cardholder agreement Sound Credit Union filed with the Consumer Financial Protection Bureau. Where the two disagree, the filing is correct and this page is wrong.
Applications are handled by Sound Credit Union, not by us. We do not take applications and cannot say whether you would be approved.
Other cards from Sound Credit Union
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Credit Card Agreement and Disclosures
Agreement filed with the CFPB
- Intro APR
- 1.99%
- Foreign tx fee
- None
Where this card sits
Groups this agreement qualifies for, by its own disclosed terms:
Comparable cards from other issuers
Closest disclosed purchase APR among cards in the same groups.