DUNS #07 714 5902 Vantage MC Revision

On the record for DUNS #07 714 5902 Vantage MC Revision 093023: a purchase APR of 15.49%–22.49% and a 33.24% penalty rate, filed by Vantage Credit Union. The purchase rate sits at roughly the 51st percentile of the 4,587 agreements indexed here.

What the agreement puts on the record

This page covers the agreement Vantage Credit Union filed for DUNS #07 714 5902 Vantage MC Revision 093023. The filing runs six pages, and It is issued on the Mastercard network.

Terms captured from the document include a purchase rate, a penalty rate, a late payment maximum and a foreign transaction fee. It is silent on a cash advance rate, a balance transfer rate and an annual fee line.

Pricing the purchase rate

The purchase APR is quoted as a range of 15.49% to 22.49%. 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.

The floor of that band sits at about the 36th percentile of filed purchase rates; the ceiling sits at about the 51st. 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.

What a balance actually costs

Carry $4,000 on this card for a year without paying it down and the purchase rate alone generates roughly $1,008 in interest.

A card priced at the corpus median of 21.99% would charge roughly $983 on that balance. This one charges about $25 more per year.

Month to month it reads as about $74.60 per cycle on that balance.

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.

Penalty pricing and late fees

The agreement discloses penalty pricing of 33.24% — about the 69th percentile of the 794 penalty rates recorded across this index.

That is 10.75 points above the standard purchase rate. On a $3,000 balance, the shift from 22.49% to 33.24% adds something like $426 of interest over a year — the real cost of the default, quite apart from the fee itself.

$25 is the disclosed ceiling on a late payment fee, placing it near the 32nd percentile of the set.

What the card costs before you borrow

The filing sets a 1% foreign transaction fee, which adds roughly $10 to $1,000 spent outside the United States.

How it sits in the issuer's own range

This is one of 19 Vantage Credit Union agreements collected here. Their disclosed purchase rates run from 17.49% to 22.74%, and this one at 22.49% is more expensive than 12 of them.

What is outside the disclosure

Absent from the captured terms: anything about cash advances, balance transfer terms, an annual fee and a grace period. The original document is the place to look for any of these.

It is worth being explicit about scope: these filings record terms and pricing. They say nothing about rewards programmes, cardholder benefits, promotional offers or who the issuer will approve, and this review does not speculate about any of it.

The document itself

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

In short

At 22.49% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers.