Platinum Rewards Credit Card Agreement & Disclosure

On the record for Platinum Rewards Credit Card Agreement & Disclosure 10 10 25: a purchase APR of 14.65%–18%, no annual fee and a six-month 0% opening period, filed by Hawaii State Federal Credit Union. That purchase rate ranks near the 34th percentile across this corpus of 4,587 filings.

On the face of the filing

Platinum Rewards Credit Card Agreement & Disclosure 10 10 25 is one of the agreements Hawaii State Federal Credit Union has on file with the CFPB. The filing runs 16 pages, and It is issued on the Visa network.

On the record here: a purchase rate, a balance transfer rate, an annual fee line, a late payment maximum and a foreign transaction fee. It is silent on a cash advance rate and a penalty rate.

Zero percent, and then what

A six-month promotional period at 0% is on the record here — during it, qualifying balances cost nothing to carry.

Zero-percent openings appear in roughly 458 of the filings on this site, which puts this agreement in a sizeable minority rather than a class of its own.

Behind the promotion sits a 18% purchase rate. On $2,500 that is in the region of $493 a year once the window closes.

Put the other way round, the six-month zero rate is worth roughly $246 on a $2,500 balance relative to paying the go-to rate from day one — a real figure, but one that only materialises for someone who was going to carry that balance anyway.

The purchase rate in context

Purchases price between 14.65% and 18% under this filing. The 3.35-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 31st percentile at the bottom and the 34th at the top.

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.

This figure is the post-promotional rate. The introductory pricing is handled separately further down.

The arithmetic of revolving

Carry $1,500 on this card for a year without paying it down and the purchase rate alone generates roughly $296 in interest.

Measured against the 21.99% corpus median, the same $1,500 costs approximately $73 less per year here.

Month to month it reads as about $22.35 per cycle on that balance.

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

Fees, and what triggers them

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.

The filing discloses a 14.65% balance transfer rate without an accompanying fee figure.

Foreign transactions carry no fee. Only about 22% of the filings here that disclose a foreign transaction fee set it at zero, so this is a genuine point of difference.

What a missed payment costs

$28 is the disclosed ceiling on a late payment fee, placing it near the 46th percentile of the set.

The no-interest path

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

The filing sets the minimum interest charge at zero — small balances are not rounded up to a floor.

Against the rest of Hawaii State Federal Credit Union's filings

Hawaii State Federal Credit Union has 5 agreements indexed on this site. The issuer's own range is 14.9%–17.4%. At 18%, this agreement is dearer than 2 of its siblings.

What the filing does not tell you

Absent from the captured terms: penalty pricing. 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

The original filing, 16 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

The pricing here is middling by the standards of the index — 18% on purchases is near enough to typical. Because there is no annual fee, everything depends on the revolving behaviour: used as a payment instrument and cleared monthly, this agreement costs nothing.