Application Solicitation Disclosure CC Rev 10

1st United Credit Union's filed agreement for Application Solicitation Disclosure CC Rev 10 25 discloses a purchase APR of 12.65%–20.4% and a 16.4% penalty rate. The purchase rate sits at roughly the 43rd percentile of the 4,587 agreements indexed here.

What the agreement puts on the record

Application Solicitation Disclosure CC Rev 10 25 is one of the agreements 1st United Credit Union has on file with the CFPB. The filing runs two pages, and It is issued on the Visa network.

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. It is silent on an annual fee line.

The filing bundles multiple products into one disclosure table. Any figure quoted here may describe a related card in the same filing, so the PDF should be read before treating these numbers as this card's own.

The purchase APR against the corpus

Rather than a single purchase rate, the document gives a band — 12.65% at the bottom, 20.4% at the top, 7.75 points wide. The agreement discloses the range without disclosing how an account is placed within it.

Read against the index, the low end ranks around the 21st percentile and the high end around the 43rd — the band straddles a wide stretch of the market this corpus describes.

The filing marks this rate as variable, which means it moves with the index the agreement names rather than staying where it is quoted today.

The arithmetic of revolving

Carry $5,000 on this card for a year without paying it down and the purchase rate alone generates roughly $1,131 in interest.

Measured against the 21.99% corpus median, the same $5,000 costs approximately $98 less per year here.

Month to month it reads as about $84.52 per cycle on that balance.

That maths assumes a static balance and nothing else — no payments, no additional purchases, no fees folded in.

Paying in full

The filing gives 25 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest. That matches the 25-day median across the corpus almost exactly.

When a payment is late

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

The maximum late fee is $10 — roughly the 6th percentile of the late fee ceilings disclosed across this index.

Charges beyond interest

Taking cash against the card means a cash advance fee of $5 or 3% of the advance, whichever is greater and a cash advance APR of 10.4%. The two halves of that fee cross at about $167: below it the flat $5 applies, above it the percentage does. The grace period described below generally does not extend to cash advances, so interest on them usually begins immediately.

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

Foreign transactions attract 2%. On $2,000 of overseas spending that is $40, charged on top of whatever exchange rate applies.

Inside 1st United Credit Union's filed lineup

37 separate 1st United Credit Union filings appear in the corpus. Across that lineup purchase rates span 9.4% to 20.4%; this filing's 20.4% sits above 5 of the comparable ones.

The limits of this document

Absent from the captured terms: an annual fee. The original document is the place to look for any of these.

An agreement filing is not a marketing document. Rewards, perks, welcome offers and eligibility rules are not in it, are not in this dataset, and are therefore not discussed anywhere on this page.

The document itself

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

In short

20.4% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern. The multi-product table is the larger caveat: these numbers are the table's, not necessarily this card's.