Combined Pricing Addendum and T&C CorPlatinum Consumer 03

Cortrust Bank's filed agreement for Combined Pricing Addendum and T&C CorPlatinum Consumer 03 2025 discloses a purchase APR of 5.99%–12.99% and no annual fee. The purchase rate sits at roughly the 10th percentile of the 4,587 agreements indexed here.

The disclosed terms

What follows is drawn entirely from Cortrust Bank's CFPB filing for Combined Pricing Addendum and T&C CorPlatinum Consumer 03 2025. It is issued on the Visa network and the filing runs 11 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. No figure appears for a penalty rate.

How the purchase rate compares

Purchases price between 5.99% and 12.99% under this filing. The 7-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 2nd percentile at the bottom and the 10th 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 arithmetic of revolving

At the disclosed purchase APR, $2,500 revolving for a full year costs something like $347 in interest.

Priced at the median of 21.99%, that balance would generate about $615 in a year — so this agreement comes in around $268 cheaper for the same debt.

Per statement cycle that is on the order of $26.83 on $2,500, which is the number that actually shows up on a bill.

These figures are arithmetic on the disclosed rate, not a quote: they assume the balance is never reduced, ignore any payments, and take no account of fees charged separately.

What the card costs before you borrow

No annual fee appears in the filing, in line with the roughly 75% of disclosing agreements in this index that charge nothing to hold the card.

Taking cash against the card means a cash advance fee of $10 or 5% of the advance, whichever is greater and a cash advance APR of 29.99%. Cash is therefore 17 points dearer than buying something with the card. $200 is the crossover point where the percentage overtakes the $10 minimum.

Moving a balance onto this card carries an up-front charge of $10 or 3% of the amount transferred, whichever is greater, with the transferred balance priced at 5.99%. On $1,000 that fee is about $30 before any interest is charged.

Spending abroad costs an extra 1% — about $20 on $2,000 of purchases, independent of interest.

Default pricing

Late payments are capped at $40 under this filing, about the 72nd percentile of late fee maximums in the corpus.

The no-interest path

Purchases carry a 25-day grace period: pay the statement in full inside it and the purchase rate never applies.

What you cannot learn from the filing

Absent from the captured terms: penalty pricing. The original document is the place to look for any of these.

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.

Where the authority sits

Everything here is a reading of the filed agreement, 11 pages of it, which is linked above and which governs. Terms also change between filings, so the date on the document matters.

In short

The purchase rate of 12.99% is one of the cheaper figures in this index — the central point in the agreement's favour. With no annual fee, the cost of the account is entirely a function of whether a balance is carried.