Priority Plus Card Disclosures

On the record for Priority Plus Card Disclosures 1 1 24: a purchase APR of 17.24%–20.99%, no annual fee and a 5.99% introductory rate, filed by Community Choice Credit Union. That purchase rate ranks near the 45th percentile across this corpus of 4,587 filings.

What the agreement puts on the record

What follows is drawn entirely from Community Choice Credit Union's CFPB filing for Priority Plus Card Disclosures 1 1 24. The filing runs ten pages.

Terms captured from the document include a purchase rate, a cash advance rate, a balance transfer rate, an annual fee line and a late payment maximum. It is silent on a penalty rate.

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.

What the promotional rate is worth

The introductory rate is 5.99%, held for 12 months. It is a discount rather than a holiday — interest still accrues, just more slowly than the go-to rate.

Among the 763 filings here that disclose an introductory rate, 5.99% sits at about the 89th percentile.

Once the introductory period ends the rate becomes 20.99%, which turns a lingering $2,000 balance into approximately $467 of annual interest.

Pricing the purchase rate

Purchases price between 17.24% and 20.99% under this filing. The 3.75-point gap between the two is material, and nothing in the agreement indicates where a given account would land.

Those two numbers occupy very different places in the corpus: roughly the 46th percentile at the bottom and the 45th at the top.

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 rate discussed in this section is the go-to rate — the one that applies once the promotional period described below has ended, not the promotional rate itself.

Translating the rate into money

At the disclosed purchase APR, $1,500 revolving for a full year costs something like $350 in interest.

Priced at the median of 21.99%, that balance would generate about $369 in a year — so this agreement comes in around $19 cheaper for the same debt.

Broken down to a single thirty-day cycle, the same balance accrues roughly $26.10.

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

The annual fee is $0. Roughly 75% of filings here that state a fee state zero, so the absence of one is unremarkable in this market.

For cash advances the filing discloses a cash advance fee of $5 or 3% of the advance, whichever is greater and a cash advance APR of 17.24%. Advances under roughly $167 are charged the flat $5; larger ones are charged 3%.

Moving a balance onto this card carries an up-front charge of 2% of the amount transferred, with the transferred balance priced at 17.24%. Shifting $5,000 across attracts something like $100 in fees on day one.

Spending abroad costs an extra 1% — about $30 on $3,000 of purchases, independent of interest.

Penalty pricing and late fees

$29 is the disclosed ceiling on a late payment fee, placing it near the 47th percentile of the set.

Grace period and minimum charge

Anyone clearing the statement balance inside 25 days pays no purchase interest at all under this filing. That matches the 25-day median across the corpus almost exactly.

What is outside the disclosure

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

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.

Inside Community Choice Credit Union's filed lineup

12 separate Community Choice Credit Union filings appear in the corpus. The issuer's own range is 8.74%–20.99%. At 20.99%, this agreement is dearer than 1 of its siblings.

Where the authority sits

Everything here is a reading of the filed agreement, ten pages of it, which is linked above and which governs. Terms also change between filings, so the date on the document matters.

In short

20.99% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern. With no annual fee, the cost of the account is entirely a function of whether a balance is carried. The multi-product table is the larger caveat: these numbers are the table's, not necessarily this card's.