Vantagemc Revision 30jun2022

Duns077145902 Vantagemc Revision 30jun2022, as filed by Vantage Credit Union, carries a purchase APR of 10.74%–17.74% and a 28.49% penalty rate. That purchase rate ranks near the 23rd percentile across this corpus of 4,587 filings.

What the document actually states

The document behind this page is Vantage Credit Union's filed agreement for Duns077145902 Vantagemc Revision 30jun2022. The filing runs six pages, and It is issued on the Mastercard network.

The disclosure covers 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.

Where the purchase APR sits

The purchase APR is quoted as a range of 10.74% to 17.74%. 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.

Read against the index, the low end ranks around the 13th percentile and the high end around the 23rd — the band straddles a wide stretch of the market this corpus describes.

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 cost of carrying a balance

Put $1,000 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $194.

Measured against the 21.99% corpus median, the same $1,000 costs approximately $52 less per year here.

Broken down to a single thirty-day cycle, the same balance accrues roughly $14.68.

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

Fees, and what triggers them

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

When a payment is late

The agreement discloses penalty pricing of 28.49% — about the 55th percentile of the 794 penalty rates recorded across this index.

A default therefore reprices the debt by 10.75 points: about $339 a year more on $2,500, for as long as the penalty rate stands.

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

How it sits in the issuer's own range

This is one of 19 Vantage Credit Union agreements collected here. Across that lineup purchase rates span 17.49% to 22.74%; this filing's 17.74% sits above 2 of the comparable ones.

What the filing does not tell you

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.

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.

Go to the source

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 17.74% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers.