CC Account Opening Disc Platinum 11100245 MXC20 P 2 052523 (MXC202 E) CUF

Idaho Central Credit Union's filed agreement for CC Account Opening Disc Platinum 11100245 MXC20 P 2 052523 (MXC202 E) CUF discloses a 24% purchase APR. That purchase rate ranks near the 58th percentile across this corpus of 4,587 filings.

The disclosed terms

Idaho Central Credit Union submitted the terms for CC Account Opening Disc Platinum 11100245 MXC20 P 2 052523 (MXC202 E) CUF to the CFPB's agreement database; this is what they contain. The filing runs three pages.

The filing is explicit about a purchase rate, a late payment maximum, a foreign transaction fee and a grace period. A cash advance rate, a balance transfer rate and a penalty rate are not stated.

The disclosure table in this document parsed only moderately cleanly; the numbers are reported as read, with that caveat attached.

The purchase rate was taken from a row the filing did not clearly label, so there is some risk it describes a different balance type.

Pricing the purchase rate

Ranked against the corpus, this purchase APR — 24% — sits at approximately the 58th percentile and is unremarkable against the rest of the set.

The arithmetic of revolving

The purchase rate turns a $2,000 revolving balance into roughly $542 of annual interest.

A card priced at the corpus median of 21.99% would charge roughly $492 on that balance. This one charges about $51 more per year.

Broken down to a single thirty-day cycle, the same balance accrues roughly $39.83.

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.

The fee structure

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

Penalty pricing and late fees

The maximum late fee is $15 — roughly the 11th percentile of the late fee ceilings disclosed across this index.

Paying in full

Purchases carry a 21-day grace period: pay the statement in full inside it and the purchase rate never applies. That is shorter than the 25-day corpus median.

What is outside the disclosure

Absent from the captured terms: anything about cash advances, balance transfer terms, an annual fee and 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.

Inside Idaho Central Credit Union's filed lineup

There are 11 filings from Idaho Central Credit Union in this index. Across that lineup purchase rates span 17.99% to 24%; this filing's 24% sits above 4 of the comparable ones.

Reading the agreement yourself

The filed PDF is linked from this page and runs three pages. It is the authority for every figure summarised above; where this page and the document disagree, the document is right.

In short

At 24% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers. Extraction confidence here is not high, so the conclusions above are provisional on the PDF agreeing with them.