Credit Card Agreement for Union Plus Cards in Capital One N A

The Credit Card Agreement for Union Plus Cards in Capital One N A filing from Capital One sets out a purchase APR of 14.4%–26.74%, no annual fee and a 0% opening rate. Against the 4,587 filings on this site, that rate lands around the 64th percentile.

On the face of the filing

Credit Card Agreement for Union Plus Cards in Capital One N A is one of the agreements Capital One has on file with the CFPB. The filing runs seven pages.

The disclosure covers a purchase rate, a cash advance rate, an annual fee line, a late payment maximum and a grace period. It is silent on a balance transfer rate, a penalty rate and a foreign transaction fee.

What the promotional rate is worth

A 0% promotional rate appears in the document without an accompanying term — the length of the window is not captured.

Roughly 458 of the 4,587 filings indexed here disclose a zero-percent introductory rate, so this is a real feature of the document but not a rare one.

What matters more than the promotion is the rate waiting behind it: 26.74%. A $1,000 balance that survives the promotional window costs roughly $306 a year from that point on.

How the purchase rate compares

Rather than a single purchase rate, the document gives a band — 14.4% at the bottom, 26.74% at the top, 12.34 points wide. The agreement discloses the range without disclosing how an account is placed within it.

Those two numbers occupy very different places in the corpus: roughly the 29th percentile at the bottom and the 64th at the top.

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.

This figure is the post-promotional rate. The introductory pricing is handled separately further down.

What the rate means in dollars

Carry $3,000 on this card for a year without paying it down and the purchase rate alone generates roughly $919 in interest.

A card priced at the corpus median of 21.99% would charge roughly $738 on that balance. This one charges about $182 more per year.

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

Late payments are capped at $38 under this filing, about the 60th percentile of late fee maximums in the corpus.

Fees, and what triggers them

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.

Taking cash against the card means a cash advance fee of $3 or 3% of the advance, whichever is greater and a cash advance APR of 27.49%. Cash is therefore 0.75 points dearer than buying something with the card. The two halves of that fee cross at about $100: below it the flat $3 applies, above it the percentage does. Cash advances also tend to fall outside any grace period, which means interest typically starts on day one rather than at the end of a billing cycle.

The grace period

Purchases carry a 25-day grace period: pay the statement in full inside it and the purchase rate never applies. That matches the 25-day median across the corpus almost exactly.

Inside Capital One's filed lineup

This is one of 20 Capital One agreements collected here. The issuer's own range is 19.49%–30.49%. At 26.74%, this agreement is dearer than 2 of its siblings.

On fees, 18 of the 19 sibling filings that disclose an annual fee also set it at zero — this one is among them.

What the filing does not tell you

This page cannot tell you balance transfer terms, a foreign transaction fee and penalty pricing, because the filing's disclosure table as read does not contain them.

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.

Go to the source

Everything here is a reading of the filed agreement, seven pages of it, which is linked above and which governs. Terms also change between filings, so the date on the document matters.

In short

26.74% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern.