VISA Credit Card Terms and Fees

Westconsin Credit Union's filed agreement for VISA Credit Card Terms and Fees discloses a purchase APR of 9%–17.5% and no annual fee. That purchase rate ranks near the 22nd percentile across this corpus of 4,587 filings.

On the face of the filing

Westconsin Credit Union filed this agreement for VISA Credit Card Terms and Fees with the Consumer Financial Protection Bureau. It is issued on the Visa network and the filing runs one page.

Terms captured from the document include a purchase rate, an annual fee line, a late payment maximum, a foreign transaction fee and a grace period. No figure appears for a cash advance rate, a balance transfer rate and a penalty rate.

How the purchase rate compares

Rather than a single purchase rate, the document gives a band — 9% at the bottom, 17.5% at the top, 8.5 points wide. The agreement discloses the range without disclosing how an account is placed within it.

Those two numbers occupy very different places in the corpus: roughly the 7th percentile at the bottom and the 22nd at the top.

Translating the rate into money

Put $5,000 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $956.

Measured against the 21.99% corpus median, the same $5,000 costs approximately $273 less per year here.

Small balances do not get a proportionally small bill — the agreement imposes a $10 minimum interest charge in any month where interest applies.

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.

When a payment is late

On the fee side, a late payment can cost up to $25, which is around the 32nd percentile here.

Fees, and what triggers them

The annual fee is $0. Roughly 75% of filings here that state a fee state zero, so the absence of one is unremarkable in this market.

Foreign transactions attract 1%. On $5,000 of overseas spending that is $50, charged on top of whatever exchange rate applies.

The no-interest path

25 days is the disclosed grace period for purchases — the interval in which paying in full costs nothing. That matches the 25-day median across the corpus almost exactly.

Where interest applies at all, the filing bills at least $10. On a tiny balance that floor can dwarf the rate itself.

The limits of this document

This page cannot tell you penalty pricing, because the filing's disclosure table as read does not contain it.

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

This summary stands or falls on the linked PDF — one page. Agreements are amended over time, and the filing reflects the terms as submitted rather than as they stand today.

In short

17.5% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern. The absence of an annual fee means the rate is the only thing that can make this card expensive.