BECU Rates and Related Disclosures

On the record for BECU Rates and Related Disclosures: a purchase APR of 16.99%–25.99%, no annual fee and a 0% opening rate, filed by Boeing Employees' Credit Union. The purchase rate sits at roughly the 63rd percentile of the 4,587 agreements indexed here.

What the document actually states

What follows is drawn entirely from Boeing Employees' Credit Union's CFPB filing for BECU Rates and Related Disclosures. The filing runs two pages, and It is issued on the Visa network.

The filing is explicit about a purchase rate, a cash advance rate, a balance transfer rate, an annual fee line and a late payment maximum. No figure appears for a penalty rate.

The promotional period

A 0% promotional rate appears in the document without an accompanying term — the length of the window is not captured.

About 458 agreements in this corpus carry a zero-percent opening rate; this is one of them.

Behind the promotion sits a 25.99% purchase rate. On $3,000 that is in the region of $890 a year once the window closes.

The purchase APR against the corpus

Purchases price between 16.99% and 25.99% under this filing. The 9-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 44th percentile and the high end around the 63rd — the band straddles a wide stretch of the market this corpus describes.

Because the rate is variable, the figure quoted is tied to an index and will drift with it. Nothing here is a fixed commitment.

What a balance actually costs

Put $1,200 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $356.

On a median-priced agreement from this index (21.99%) the same $1,200 would run about $295 a year, so this card costs in the region of $61 more annually for the identical balance.

Broken down to a single thirty-day cycle, the same balance accrues roughly $25.90.

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

Grace period and minimum charge

The filing gives 23 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest. The typical filing here allows 25 days, so this one is tighter than most.

When a payment is late

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

Where the fees are

There is no annual fee. That is the common case in this corpus — about 75% of the filings that disclose an annual fee at all disclose it as $0 — so it is a baseline expectation rather than a distinguishing feature.

For cash advances the filing discloses a cash advance APR of 16.99%. Cash advances also tend to fall outside any grace period, which means interest typically starts on day one rather than at the end of a billing cycle.

Transferred balances are priced at 16.99%; no separate transfer fee was captured from the filing.

No foreign transaction fee is charged, which puts this filing in the roughly 22% of disclosing agreements here that do not take a cut of overseas spending.

Against the rest of Boeing Employees' Credit Union's filings

There are 18 filings from Boeing Employees' Credit Union in this index. Their disclosed purchase rates run from 25.24% to 27.24%, and this one at 25.99% is more expensive than 2 of them.

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.

The document itself

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 25.99% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers. With no annual fee, the cost of the account is entirely a function of whether a balance is carried.