Combined Signature True Rewards Platinum CC Agreement Disclosure

Municipal Credit Union's filed agreement for Combined Signature True Rewards Platinum CC Agreement Disclosure discloses a purchase APR of 13.65%–20.65%, no annual fee and a 3.99% introductory rate. That purchase rate ranks near the 44th percentile across this corpus of 4,587 filings.

What the document actually states

Combined Signature True Rewards Platinum CC Agreement Disclosure is one of the agreements Municipal Credit Union has on file with the CFPB. The filing runs ten pages, and It is issued on the Visa network.

The disclosure covers 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.

One important caveat sits on top of everything else here: the rate table in this filing covers more than one product. Figures shown on this page may belong to a sibling card in the same table rather than to this one, and only the PDF can settle which row applies.

The promotional period

The introductory rate is 3.99%, 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, 3.99% sits at about the 85th percentile.

What matters more than the promotion is the rate waiting behind it: 20.65%. A $5,000 balance that survives the promotional window costs roughly $1,146 a year from that point on.

The purchase APR against the corpus

The purchase APR is quoted as a range of 13.65% to 20.65%. That 7-point spread is the whole of what the filing commits to; the method for assigning a rate inside it is not in the document.

Those two numbers occupy very different places in the corpus: roughly the 25th percentile at the bottom and the 44th 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.

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

The cost of carrying a balance

Put $2,500 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $573.

Measured against the 21.99% corpus median, the same $2,500 costs approximately $41 less per year here.

Broken down to a single thirty-day cycle, the same balance accrues roughly $42.78.

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

Penalty pricing and late fees

The maximum late fee is $30 — roughly the 49th percentile of the late fee ceilings disclosed across this index.

Fees, and what triggers them

There is no annual fee. That is the common case in this corpus — about 75% of the filings that disclose an annual fee at all disclose it as $0 — so it is a baseline expectation rather than a distinguishing feature.

For cash advances the filing discloses a cash advance fee of $1 or 3% of the advance, whichever is greater and a cash advance APR of 17.9%. Advances under roughly $33 are charged the flat $1; larger ones are charged 3%. The grace period described below generally does not extend to cash advances, so interest on them usually begins immediately.

Moving a balance onto this card carries an up-front charge of $1 or 3% of the amount transferred, whichever is greater, with the transferred balance priced at 13.65%. On $2,000 that fee is about $60 before any interest is charged.

Foreign transactions attract 1%. On $5,000 of overseas spending that is $50, charged on top of whatever exchange rate applies.

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.

The $0.50 minimum interest charge means the effective cost of carrying a very small balance is far higher than the quoted APR implies.

Against the rest of Municipal Credit Union's filings

Municipal Credit Union has 4 agreements indexed on this site. Their disclosed purchase rates run from 11.9% to 20.65%, and this one at 20.65% is more expensive than 1 of them.

What you cannot learn from the filing

The disclosure parsed here does not state penalty pricing. Those gaps are gaps in what could be read from the filing, and the PDF may well address them in prose the rate table does not capture.

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.

Where the authority sits

This summary stands or falls on the linked PDF — ten pages. Agreements are amended over time, and the filing reflects the terms as submitted rather than as they stand today.

In short

At 20.65% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers. And because the filing covers several products in one table, even the figures that are right may belong to a different card.