Application and Solicitation Disclosure

1st United Credit Union's filed agreement for Application and Solicitation Disclosure discloses a purchase APR of 12.9%–20.4% and a 16.4% penalty rate. That purchase rate ranks near the 43rd percentile across this corpus of 4,587 filings.

On the face of the filing

The document behind this page is 1st United Credit Union's filed agreement for Application and Solicitation Disclosure. It is issued on the Visa network and the filing runs two pages.

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

One important caveat sits on top of everything else here: the rate table in this filing covers more than one product. Figures shown on this page may belong to a sibling card in the same table rather than to this one, and only the PDF can settle which row applies.

The purchase rate in context

Purchases price between 12.9% and 20.4% under this filing. The 7.5-point gap between the two is material, and nothing in the agreement indicates where a given account would land.

Read against the index, the low end ranks around the 22nd percentile and the high end around the 43rd — the band straddles a wide stretch of the market this corpus describes.

This is disclosed as a variable rate. The number above is a snapshot: it tracks an index, so it changes without the agreement being amended.

What the rate means in dollars

The purchase rate turns a $1,000 revolving balance into roughly $226 of annual interest.

Priced at the median of 21.99%, that balance would generate about $246 in a year — so this agreement comes in around $20 cheaper for the same debt.

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.

What the card costs before you borrow

Cash advances carry a cash advance fee of $5 or 3% of the advance, whichever is greater and a cash advance APR of 10.4%. Advances under roughly $167 are charged the flat $5; larger ones are charged 3%.

Transferred balances are priced at 10.4%; no separate transfer fee was captured from the filing.

Spending abroad costs an extra 2% — about $100 on $5,000 of purchases, independent of interest.

The grace period

The filing gives 25 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest.

What a missed payment costs

The agreement discloses penalty pricing of 16.4% — about the 6th percentile of the 794 penalty rates recorded across this index.

$10 is the disclosed ceiling on a late payment fee, placing it near the 6th percentile of the set.

Inside 1st United Credit Union's filed lineup

37 separate 1st United Credit Union filings appear in the corpus. The issuer's own range is 9.4%–20.4%. At 20.4%, this agreement is dearer than 5 of its siblings.

The limits of this document

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

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.

Go to the source

The original filing, 2 pages long, is linked on this page and should be read before any figure here is acted on. It is also a snapshot: issuers refile as terms change.

In short

At 20.4% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers. The multi-product table is the larger caveat: these numbers are the table's, not necessarily this card's.