MasterCard Credit Card Rates

MasterCard Credit Card Rates, as filed by California Coast Credit Union, carries a purchase APR of 10.88%–16.88%, a $20 annual fee and a 2.88% introductory rate. Against the 4,587 filings on this site, that rate lands around the 20th percentile.

What the agreement puts on the record

MasterCard Credit Card Rates is one of the agreements California Coast Credit Union has on file with the CFPB. The filing runs two pages, and It is issued on the Mastercard network.

Terms captured from the document include a purchase rate, an annual fee line, a foreign transaction fee and a grace period. No figure appears for a cash advance rate, a balance transfer rate and a penalty rate.

The promotional period

An introductory rate of 2.88% appears without a disclosed duration.

Among the 763 filings here that disclose an introductory rate, 2.88% sits at about the 70th percentile.

Once the introductory period ends the rate becomes 16.88%, which turns a lingering $2,000 balance into approximately $368 of annual interest.

Where the purchase APR sits

This is a tiered agreement: the filing discloses a purchase APR anywhere from 10.88% to 16.88%, a spread of 6 percentage points. Which end of that band applies is set by the issuer at account opening and the filing does not say how.

Those two numbers occupy very different places in the corpus: roughly the 14th percentile at the bottom and the 20th at the top.

The cost of carrying a balance

A $1,000 balance left untouched for twelve months accrues about $184 in interest at this purchase rate.

Measured against the 21.99% corpus median, the same $1,000 costs approximately $62 less per year here.

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.

Fees, and what triggers them

The annual fee is $20, charged whether or not the card is used. Against the filings here that disclose a fee, that sits at roughly the 77th percentile.

For scale, $20 is approximately what $118 of revolving balance would cost in interest over twelve months at this card's 16.88% rate.

The filing sets a 1% foreign transaction fee, which adds roughly $20 to $2,000 spent outside the United States.

Paying in full

The filing gives 25 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest. That matches the 25-day median across the corpus almost exactly.

What the filing does not tell you

This page cannot tell you anything about cash advances, balance transfer terms 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.

Reading the agreement yourself

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

The purchase rate of 16.88% is one of the cheaper figures in this index — the central point in the agreement's favour. Note that the $20 annual fee falls due whether the card is used or not.