Consumer Credit Card Application and Solicitation Disclosure

The Consumer Credit Card Application and Solicitation Disclosure filing from Eastrise Federal Credit Union sets out a purchase APR of 10.75%–18%, no annual fee and a 1.99% introductory rate. The purchase rate sits at roughly the 34th percentile of the 4,587 agreements indexed here.

What the document actually states

This page covers the agreement Eastrise Federal Credit Union filed for Consumer Credit Card Application and Solicitation Disclosure. The filing runs three pages.

The filing is explicit about 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.

What the promotional rate is worth

The introductory rate is 1.99%, held for 12 months. It is a discount rather than a holiday — interest still accrues, just more slowly than the go-to rate.

Among the 763 filings here that disclose an introductory rate, 1.99% sits at about the 66th percentile.

Once the introductory period ends the rate becomes 18%, which turns a lingering $1,000 balance into approximately $197 of annual interest.

The purchase APR against the corpus

This is a tiered agreement: the filing discloses a purchase APR anywhere from 10.75% to 18%, a spread of 7.25 percentage points. Which end of that band applies is set by the issuer at account opening and the filing does not say how.

Read against the index, the low end ranks around the 13th percentile and the high end around the 34th — the band straddles a wide stretch of the market this corpus describes.

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.

Translating the rate into money

A $2,000 balance left untouched for twelve months accrues about $394 in interest at this purchase rate.

The corpus median purchase rate is 21.99%, which on the same $2,000 would cost about $492 a year. This filing saves roughly $97 annually against that benchmark.

Broken down to a single thirty-day cycle, the same balance accrues roughly $29.80.

Treat this as an illustration of what the disclosed rate does, not as a projection of a real account, which would be shaped by payments and by the fees described elsewhere in the filing.

The fee structure

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 10.75%. The grace period described below generally does not extend to cash advances, so interest on them usually begins immediately.

Transferred balances are priced at 18%; no separate transfer fee was captured from the filing.

Foreign transactions attract 1%. On $2,000 of overseas spending that is $20, charged on top of whatever exchange rate applies.

The downside terms

Late payments are capped at $20 under this filing, about the 17th percentile of late fee maximums in the corpus.

The grace period

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.

What is outside the disclosure

This page cannot tell you penalty pricing, because the filing's disclosure table as read does not contain it.

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.

Against the rest of Eastrise Federal Credit Union's filings

Eastrise Federal Credit Union has 4 agreements indexed on this site.

Where the authority sits

This summary stands or falls on the linked PDF — three pages. Agreements are amended over time, and the filing reflects the terms as submitted rather than as they stand today.

In short

The pricing here is middling by the standards of the index — 18% on purchases is near enough to typical. Because there is no annual fee, everything depends on the revolving behaviour: used as a payment instrument and cleared monthly, this agreement costs nothing.