VISA Platinum Rewards Open Prior to Oct

494600 VISA Platinum Rewards Open Prior to Oct 2020 12272022, as filed by Truliant Federal Credit Union, carries a 15.24% purchase APR and no annual fee. Against the 4,587 filings on this site, that rate lands around the 15th percentile.

What the agreement puts on the record

Truliant Federal Credit Union filed this agreement for 494600 VISA Platinum Rewards Open Prior to Oct 2020 12272022 with the Consumer Financial Protection Bureau. The filing runs ten pages, and It is issued on the Visa network.

The filing is explicit about 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.

The purchase rate in context

At 15.24%, the purchase APR falls at roughly the 15th percentile of the 2,280 filings indexed here, which is comfortably below what most issuers filed.

Translating the rate into money

A $1,200 balance left untouched for twelve months accrues about $198 in interest at this purchase rate.

Measured against the 21.99% corpus median, the same $1,200 costs approximately $98 less per year here.

These figures are arithmetic on the disclosed rate, not a quote: they assume the balance is never reduced, ignore any payments, and take no account of fees charged separately.

Charges beyond interest

There is no annual fee. That is the common case in this corpus — about 75% of the filings that disclose an annual fee at all disclose it as $0 — so it is a baseline expectation rather than a distinguishing feature.

Spending abroad costs an extra 1% — about $20 on $2,000 of purchases, independent of interest.

Penalty pricing and late fees

Late payments are capped at $15 under this filing, about the 11th percentile of late fee maximums in the corpus.

The no-interest path

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.

The filing sets the minimum interest charge at zero — small balances are not rounded up to a floor.

What is outside the disclosure

The disclosure parsed here does not state penalty pricing. Those gaps are gaps in what could be read from the filing, and the PDF may well address them in prose the rate table does not capture.

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.

How it sits in the issuer's own range

4 separate Truliant Federal Credit Union filings appear in the corpus. The issuer's own range is 11.9%–15.74%. At 15.24%, this agreement is dearer than 2 of its siblings.

Reading the agreement yourself

Everything here is a reading of the filed agreement, ten pages of it, which is linked above and which governs. Terms also change between filings, so the date on the document matters.

In short

15.24% places this filing at the inexpensive end of the set, which is the headline here. The absence of an annual fee means the rate is the only thing that can make this card expensive.