Detected in the CFPB-filed cardholder agreements from Grow Financial Federal Credit Union. Verbatim quotes below — CardSleuth flags the language; this isn't legal advice.
Penalty APR
Slip up and your rate can jump to a much higher penalty APR.
Jumps to ~18%
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“…s APR will vary with the market based on the Prime Rate. market based on the Prime Rate. market based on the Prime Rate. APR for Cash Advances 18.00% Penalty APR and When it 18.00% Applies This APR may be applied to your account if you make a payment that is late 60 days or more twice in a 12-month period. How…”
The cash advance rate was not broken out by credit tier — the issuer reported a single range.
Lowest offered18%
Median18%
Highest offered18%
Every fee on this card
Annual feeNone
Balance transfer feeNone
Cash advance feeNone
Foreign transaction fee1%
Purchase transaction feeNone
Late fee$25
Repeat late fee (6 mo)$35
Over-limit feeNone
Minimum finance chargeNone
Balance computationAverage daily balance including new purchases
Additional fees
Expedited card replacement$20
Expedited card new$20
Standard credit card reissue$5.95
Rewards, benefits and features
Rewards
None reported
Services
Access to Free Credit Scores
Extension on manufacturer’s warranty
Other
Features
Contactless Payments
Chip card
Mobile wallet provisioning (for example, Apple Pay)
Who can get this card
AvailabilityNational
Membership requirementsYes
RequirementOther. Please Describe:
Phone1-800-839-6328
Balance transfer
This card does not offer a balance transfer rate.
Cost to carry a balance
Interest for a year at 13.49%$404.70
Annual / periodic fees$0
Total yearly cost$404.70
Simple interest on a constant balance — a plain-language upper bound rather than an amortisation schedule. Paying in full each month within the 25-day grace period avoids the interest entirely.
Cardholder agreements
2 documents filed by Grow Financial Federal Credit Union in the 2026 Q1 archive.