Founders Documents 7

Founders Documents 7 2025, as filed by Pennsylvania State Employees CU, carries a 16.65% purchase APR, no annual fee and a 4.9% introductory rate. Against the 4,587 filings on this site, that rate lands around the 18th percentile.

What this filing discloses

Pennsylvania State Employees CU filed this agreement for Founders Documents 7 2025 with the Consumer Financial Protection Bureau. It is issued on the Visa network and the filing runs ten pages.

Terms captured from the document include 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.

Introductory pricing

The filing discloses an introductory rate of 4.9% but no term for it.

Among the 763 filings here that disclose an introductory rate, 4.9% sits at about the 86th percentile.

The go-to rate is 16.65%. Any balance still outstanding when the promotion lapses starts accruing at that figure — about $543 a year on $3,000.

The purchase APR against the corpus

16.65% puts the purchase APR near the 18th percentile across 2,280 agreements, so it falls in the low band of the corpus.

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.

The cost of carrying a balance

Carry $3,000 on this card for a year without paying it down and the purchase rate alone generates roughly $543 in interest.

The corpus median purchase rate is 21.99%, which on the same $3,000 would cost about $738 a year. This filing saves roughly $194 annually against that benchmark.

Per statement cycle that is on the order of $41.33 on $3,000, which is the number that actually shows up on a bill.

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.

Where the fees are

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 APR of 18%. The premium over purchases is 1.35 percentage points.

The filing discloses a 16.65% balance transfer rate without an accompanying fee figure.

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.

The downside terms

$27 is the disclosed ceiling on a late payment fee, placing it near the 45th percentile of the set.

Grace period and minimum charge

Anyone clearing the statement balance inside 25 days pays no purchase interest at all under this filing.

No minimum interest charge is imposed, so a cycle that accrues a few cents of interest is billed a few cents.

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.

More broadly, a CFPB agreement filing is a legal and pricing document. It does not describe rewards, benefits, sign-up offers, eligibility or approval criteria, and nothing of that kind has been inferred on this page. Where a card has features of that sort, they live outside this document entirely.

Inside Pennsylvania State Employees CU's filed lineup

This is one of 4 Pennsylvania State Employees CU agreements collected here. Their disclosed purchase rates run from 12.9% to 16.65%, and this one at 16.65% is more expensive than 1 of them.

The document itself

Everything here is a reading of the filed agreement, ten pages of it, which is linked above and which governs. Terms also change between filings, so the date on the document matters.

In short

16.65% places this filing at the inexpensive end of the set, which is the headline here.