MasterCard Choice Variable Pricing Information

The MasterCard Choice Variable Pricing Information filing from Dutrac Community Credit Union sets out a 10.24% purchase APR and no annual fee. That purchase rate ranks near the 6th percentile across this corpus of 4,587 filings.

What this filing discloses

Dutrac Community Credit Union filed this agreement for MasterCard Choice Variable Pricing Information with the Consumer Financial Protection Bureau. It is issued on the Mastercard network and the filing runs one page.

The disclosure covers a purchase rate, a cash advance rate, a balance transfer rate, an annual fee line and a late payment maximum. No figure appears for a penalty rate and a foreign transaction fee.

Where the purchase APR sits

Set beside the rest of the index, the purchase APR of 10.24% lands at the 6th percentile; it reads as inexpensive against the rest of the filings.

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.

What the rate means in dollars

The purchase rate turns a $4,000 revolving balance into roughly $431 of annual interest.

A typical filing in this index would charge about $983 on that balance; this one is roughly $552 a year below it.

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.

The no-interest path

25 days is the disclosed grace period for purchases — the interval in which paying in full costs nothing. 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.

When a payment is late

$15 is the disclosed ceiling on a late payment fee, placing it near the 11th percentile of the set.

What the card costs before you borrow

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.

For cash advances the filing discloses a cash advance fee of 1% and a cash advance APR of 10.24%.

Transferred balances are priced at 10.24%; no separate transfer fee was captured from the filing.

The issuer's other agreements

Dutrac Community Credit Union has 4 agreements indexed on this site. Their disclosed purchase rates run from 8.74% to 14.9%, and this one at 10.24% is more expensive than 1 of them.

What you cannot learn from the filing

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

It is worth being explicit about scope: these filings record terms and pricing. They say nothing about rewards programmes, cardholder benefits, promotional offers or who the issuer will approve, and this review does not speculate about any of it.

Where the authority sits

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

In short

At 10.24% the purchase rate is low relative to this corpus, which is the clearest thing the filing has going for it on cost. Because there is no annual fee, everything depends on the revolving behaviour: used as a payment instrument and cleared monthly, this agreement costs nothing.