ASD World

The ASD World 12 01 2025 filing from Quorum Federal Credit Union sets out a purchase APR of 12.65%–18%. Against the 4,587 filings on this site, that rate lands around the 34th percentile.

What this filing discloses

The document behind this page is Quorum Federal Credit Union's filed agreement for ASD World 12 01 2025. The filing runs two pages, and It is issued on the Mastercard network.

The filing is explicit about a purchase rate, a balance transfer rate, a late payment maximum, a foreign transaction fee and a grace period. No figure appears for a cash advance rate, a penalty rate and an annual fee line.

How the purchase rate compares

The purchase APR is quoted as a range of 12.65% to 18%. That 5.35-point spread is the whole of what the filing commits to; the method for assigning a rate inside it is not in the document.

The floor of that band sits at about the 21st percentile of filed purchase rates; the ceiling sits at about the 34th. 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.

Translating the rate into money

Put $2,500 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $493.

Priced at the median of 21.99%, that balance would generate about $615 in a year — so this agreement comes in around $122 cheaper for the same debt.

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

What the card costs before you borrow

Taking cash against the card means a cash advance fee of $5 or 2% of the advance, whichever is greater. The two halves of that fee cross at about $250: below it the flat $5 applies, above it the percentage does.

Transferred balances are priced at 12.65%; no separate transfer fee was captured from the filing.

Spending abroad costs an extra 1% — about $50 on $5,000 of purchases, independent of interest.

The grace period

Purchases carry a 25-day grace period: pay the statement in full inside it and the purchase rate never applies. That matches the 25-day median across the corpus almost exactly.

The downside terms

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

Inside Quorum Federal Credit Union's filed lineup

8 separate Quorum Federal Credit Union filings appear in the corpus. The others all file the same 18% purchase rate. Whatever separates these products, it is not the cost of borrowing.

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.

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.

The document itself

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

In short

At 18% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers.