Consumer CC Agreement

On the record for Consumer CC Agreement 12 24 24: a purchase APR of 13.2%–18% and a 18% penalty rate, filed by Robins Financial Credit Union. That purchase rate ranks near the 34th percentile across this corpus of 4,587 filings.

What this filing discloses

Consumer CC Agreement 12 24 24 is one of the agreements Robins Financial Credit Union has on file with the CFPB. It is issued on the Visa network and the filing runs nine pages.

On the record here: a purchase rate, a cash advance rate, a balance transfer rate, a penalty rate and a late payment maximum. No figure appears for an annual fee line.

The purchase APR against the corpus

Rather than a single purchase rate, the document gives a band — 13.2% at the bottom, 18% at the top, 4.8 points wide. The agreement discloses the range without disclosing how an account is placed within it.

Those two numbers occupy very different places in the corpus: roughly the 23rd percentile at the bottom and the 34th at the top.

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

A $3,000 balance left untouched for twelve months accrues about $591 in interest at this purchase rate.

Measured against the 21.99% corpus median, the same $3,000 costs approximately $146 less per year here.

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 downside terms

A penalty APR of 18% sits in this filing, applied when the account falls into default as the agreement defines it. Against the 794 filings here that disclose one, that is roughly the 19th percentile.

Late payments are capped at $25 under this filing, about the 32nd percentile of late fee maximums in the corpus.

Charges beyond interest

Taking cash against the card means a cash advance fee of $5 or 1% of the advance, whichever is greater and a cash advance APR of 15.2%.

Transferred balances are priced at 13.2%; no separate transfer fee was captured from the filing.

Spending abroad costs an extra 1% — about $15 on $1,500 of purchases, independent of interest.

The no-interest path

25 days is the disclosed grace period for purchases — the interval in which paying in full costs nothing. That matches the 25-day median across the corpus almost exactly.

Against the rest of Robins Financial Credit Union's filings

This is one of 11 Robins Financial Credit Union agreements collected here. The issuer's own range is 12.95%–18%. At 18%, this agreement is dearer than 1 of its siblings.

What you cannot learn from the filing

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

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 nine pages. It is the authority for every figure summarised above; where this page and the document disagree, the document is right.

In short

18% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern.