Detected in the CFPB-filed cardholder agreements from Southern Credit Union, The. 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.
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“…- credit-limit transactions and I go over my credit limit, I understand you will charge me a fee of up to $40.00. You may also increase my APR to the Penalty APR of N/A. I will only pay one fee per billing cycle, even if I go over my limit multiple times in the same cycle. Even if I request over-the-credit-lim…”
The purchase rate was not broken out by credit tier — the issuer reported a single range.
Lowest offered11.90%
Median11.90%
Highest offered11.90%
Cash advance APR
The cash advance rate was not broken out by credit tier — the issuer reported a single range.
Lowest offered11.90%
Median11.90%
Highest offered11.90%
Every fee on this card
Annual feeNone
Balance transfer feeNone
Cash advance fee$5
Foreign transaction feeNone
Purchase transaction feeNone
Late fee$29
Over-limit fee$29
Minimum finance chargeNone
Balance computationAverage daily balance including new purchases
Who can get this card
AvailabilityNational
Membership requirementsOpen to the public
Phone770-719-1111
Balance transfer
This card does not offer a balance transfer rate.
Cost to carry a balance
Interest for a year at 11.90%$357
Annual / periodic fees$0
Total yearly cost$357
Simple interest on a constant balance — a plain-language upper bound rather than an amortisation schedule. Paying in full each month within the stated-day grace period avoids the interest entirely.
Cardholder agreements
2 documents filed by Southern Credit Union, The in the 2026 Q1 archive.