VISA Transparent

The 492100 VISA Transparent 12327022 filing from Truliant Federal Credit Union sets out a 12.99% purchase APR and no annual fee. Against the 4,587 filings on this site, that rate lands around the 10th percentile.

What the document actually states

This page covers the agreement Truliant Federal Credit Union filed for 492100 VISA Transparent 12327022. The filing runs seven pages, and It is issued on the Visa network.

On the record here: a purchase rate, an annual fee line, a late payment maximum, a foreign transaction fee and a grace period. It is silent on a cash advance rate, a balance transfer rate and a penalty rate.

Where the purchase APR sits

Set beside the rest of the index, the purchase APR of 12.99% lands at the 10th percentile; it reads as inexpensive against the rest of the filings.

Translating the rate into money

A $1,500 balance left untouched for twelve months accrues about $208 in interest at this purchase rate.

Measured against the 21.99% corpus median, the same $1,500 costs approximately $161 less per year here.

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

Penalty pricing and late fees

On the fee side, a late payment can cost up to $0, which is around the 2nd percentile here.

Where the fees are

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.

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.

Grace period and minimum charge

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.

No minimum interest charge is imposed, so a cycle that accrues a few cents of interest is billed a few cents.

How it sits in the issuer's own range

4 separate Truliant Federal Credit Union filings appear in the corpus. Their disclosed purchase rates run from 11.9% to 15.74%, and this one at 12.99% is more expensive than 1 of them.

The limits of this document

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

What this analysis can address is bounded by the filing: rates, fees and the terms around them. Everything a card issuer might advertise — rewards, benefits, bonuses, who qualifies — falls outside the document and outside this review.

Where the authority sits

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 purchase rate of 12.99% is one of the cheaper figures in this index — the central point in the agreement's favour. The absence of an annual fee means the rate is the only thing that can make this card expensive.