Platinum Pricing Agreement

Platinum Pricing Agreement, as filed by Oneaz Credit Union, carries a purchase APR of 14.24%–22% and no annual fee. That purchase rate ranks near the 50th percentile across this corpus of 4,587 filings.

What this filing discloses

Platinum Pricing Agreement is one of the agreements Oneaz Credit Union has on file with the CFPB. It is issued on the Visa network and the filing runs two pages.

The filing is explicit about 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

Rather than a single purchase rate, the document gives a band — 14.24% at the bottom, 22% at the top, 7.76 points wide. The agreement discloses the range without disclosing how an account is placed within it.

The floor of that band sits at about the 28th percentile of filed purchase rates; the ceiling sits at about the 50th. In corpus terms the same card can be cheap or expensive depending on how it is priced.

The agreement labels the purchase rate variable, so the quoted figure reflects the index at the time of filing rather than a locked-in price.

The arithmetic of revolving

Put $5,000 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $1,230.

The corpus median of 21.99% produces practically the same bill, so on carrying cost this card is unremarkable.

Month to month it reads as about $91.21 per cycle on that balance.

Note the $1 minimum interest charge, which overrides the arithmetic above whenever the calculated interest falls below it.

Treat this as an illustration of what the disclosed rate does, not as a projection of a real account, which would be shaped by payments and by the fees described elsewhere in the filing.

The fee structure

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.

Cash advances carry a cash advance fee of 3% and a cash advance APR of 14.24%. Cash advances also tend to fall outside any grace period, which means interest typically starts on day one rather than at the end of a billing cycle.

Transferred balances are priced at 14.24%; no separate transfer fee was captured from the filing.

The filing sets a 1% foreign transaction fee, which adds roughly $50 to $5,000 spent outside the United States.

Paying in full

25 days is the disclosed grace period for purchases — the interval in which paying in full costs nothing.

The $1 minimum interest charge means the effective cost of carrying a very small balance is far higher than the quoted APR implies.

When a payment is late

The maximum late fee is $25 — roughly the 32nd percentile of the late fee ceilings disclosed across this index.

How it sits in the issuer's own range

8 separate Oneaz Credit Union filings appear in the corpus. Across that lineup purchase rates span 22% to 24%; this filing's 22% sits above 0 of the comparable ones.

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.

Where the authority sits

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

In short

At 22% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers.