CAMPUS USA Credit Union Pricing Addendum 04

On the record for CAMPUS USA Credit Union Pricing Addendum 04 2023: a purchase APR of 11.9%–17.99%, no annual fee and a 17.99% penalty rate, filed by Campus USA Credit Union. Against the 4,587 filings on this site, that rate lands around the 28th percentile.

The disclosed terms

CAMPUS USA Credit Union Pricing Addendum 04 2023 is one of the agreements Campus USA Credit Union has on file with the CFPB. The filing runs three pages, and It is issued on the Mastercard network.

On the record here: a purchase rate, a cash advance rate, a balance transfer rate, a penalty rate and an annual fee line.

The filing bundles multiple products into one disclosure table. Any figure quoted here may describe a related card in the same filing, so the PDF should be read before treating these numbers as this card's own.

The purchase APR against the corpus

Purchases price between 11.9% and 17.99% under this filing. The 6.09-point gap between the two is material, and nothing in the agreement indicates where a given account would land.

The floor of that band sits at about the 17th percentile of filed purchase rates; the ceiling sits at about the 28th. In corpus terms the same card can be cheap or expensive depending on how it is priced.

The filing marks this rate as variable, which means it moves with the index the agreement names rather than staying where it is quoted today.

The cost of carrying a balance

Carry $1,000 on this card for a year without paying it down and the purchase rate alone generates roughly $197 in interest.

Measured against the 21.99% corpus median, the same $1,000 costs approximately $49 less per year here.

Broken down to a single thirty-day cycle, the same balance accrues roughly $14.89.

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.

Grace period and minimum charge

Anyone clearing the statement balance inside 25 days pays no purchase interest at all under this filing. That matches the 25-day median across the corpus almost exactly.

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

What a missed payment costs

The agreement discloses penalty pricing of 17.99% — about the 12th percentile of the 794 penalty rates recorded across this index.

The maximum late fee is $40 — roughly the 72nd percentile of the late fee ceilings disclosed across this index.

What the card costs before you borrow

The annual fee is $0. Roughly 75% of filings here that state a fee state zero, so the absence of one is unremarkable in this market.

Taking cash against the card means a cash advance APR of 9.8%.

The filing discloses a 9.8% balance transfer rate without an accompanying fee figure.

Foreign transactions attract 1%. On $3,000 of overseas spending that is $30, charged on top of whatever exchange rate applies.

How it sits in the issuer's own range

Campus USA Credit Union has 4 agreements indexed on this site.

What is outside the disclosure

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.

Go to the source

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

In short

At 17.99% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers. With no annual fee, the cost of the account is entirely a function of whether a balance is carried. The multi-product table is the larger caveat: these numbers are the table's, not necessarily this card's.