AOD Broadview Lightning A

AOD Broadview Lightning A, as filed by Broadview Federal Credit Union, carries a 18% purchase APR and no annual fee. That purchase rate ranks near the 34th percentile across this corpus of 4,587 filings.

What the agreement puts on the record

Broadview Federal Credit Union filed this agreement for AOD Broadview Lightning A with the Consumer Financial Protection Bureau. The filing runs two pages.

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

Note that the purchase APR row in this table carries no explicit label in the filing, which introduces some ambiguity about what it covers.

Where the purchase APR sits

Ranked against the corpus, this purchase APR — 18% — sits at approximately the 34th percentile and undercuts the typical filing.

What the rate means in dollars

Carry $2,000 on this card for a year without paying it down and the purchase rate alone generates roughly $394 in interest.

Measured against the 21.99% corpus median, the same $2,000 costs approximately $97 less per year here.

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

The fee structure

No annual fee appears in the filing, in line with the roughly 75% of disclosing agreements in this index that charge nothing to hold the card.

The foreign transaction fee is zero — a minority position in this corpus, where roughly 22% of disclosing filings waive it.

Penalty pricing and late fees

$0 is the disclosed ceiling on a late payment fee, placing it near the 2nd 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.

The filing sets the minimum interest charge at zero — small balances are not rounded up to a floor.

Inside Broadview Federal Credit Union's filed lineup

Broadview Federal Credit Union has 27 agreements indexed on this site. 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

Absent from the captured terms: anything about cash advances, balance transfer terms and penalty pricing. The original document is the place to look for any of these.

What this analysis can address is bounded by the filing: rates, fees and the terms around them. Everything a card issuer might advertise — rewards, benefits, bonuses, who qualifies — falls outside the document and outside this review.

The document itself

The filed PDF is linked from this page and runs two 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.