Application Solicitation Disclosure 12 23 24 (Uploaded 7 30 25)

The Application Solicitation Disclosure 12 23 24 (Uploaded 7 30 25) filing from Kirtland Federal Credit Union sets out a purchase APR of 10%–16.75% and a 12-month 0% opening period. The purchase rate sits at roughly the 19th percentile of the 4,587 agreements indexed here.

What the document actually states

This page covers the agreement Kirtland Federal Credit Union filed for Application Solicitation Disclosure 12 23 24 (Uploaded 7 30 25). The filing runs three pages, and It is issued on the Visa network.

The disclosure covers a purchase rate, a cash advance rate, a balance transfer rate, a late payment maximum and a foreign transaction fee. It is silent on a penalty rate and an annual fee line.

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.

The interest-free window

A 12-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.

Once the introductory period ends the rate becomes 16.75%, which turns a lingering $1,000 balance into approximately $182 of annual interest.

Valued honestly, 12 months at zero on $1,000 avoids about $182 of interest compared with the go-to rate — the whole of what the promotion delivers.

Pricing the purchase rate

Purchases price between 10% and 16.75% under this filing. The 6.75-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 11th percentile at the bottom and the 19th 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.

To be precise about which number this is: the filing identifies it as the rate that takes over after the introductory period, not the introductory rate.

Translating the rate into money

A $4,000 balance left untouched for twelve months accrues about $729 in interest at this purchase rate.

The corpus median purchase rate is 21.99%, which on the same $4,000 would cost about $983 a year. This filing saves roughly $254 annually against that benchmark.

Broken down to a single thirty-day cycle, the same balance accrues roughly $55.44.

There is also a floor: the filing sets a minimum interest charge of $0.50, so any cycle that accrues less than that is billed at $0.50 anyway.

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

Paying in full

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.

Where interest applies at all, the filing bills at least $0.50. On a tiny balance that floor can dwarf the rate itself.

Default pricing

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

The fee structure

For cash advances the filing discloses a cash advance fee of $3 or 1% of the advance, whichever is greater and a cash advance APR of 10%.

Transferred balances are priced at 10%; 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 Kirtland Federal Credit Union's filings

Kirtland Federal Credit Union has 13 agreements indexed on this site. The issuer's own range is 12.75%–17.75%. At 16.75%, this agreement is dearer than 4 of its siblings.

What you cannot learn from the filing

This page cannot tell you an annual fee and penalty pricing, because the filing's disclosure table as read does not contain them.

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.

Reading the agreement yourself

Everything here is a reading of the filed agreement, three 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 16.75% is one of the cheaper figures in this index — the central point in the agreement's favour. And because the filing covers several products in one table, even the figures that are right may belong to a different card.