Retail Charge Agreement EE UB06 W

Preferred Credit's filed agreement for Retail Charge Agreement EE UB06 W discloses a purchase APR of 17%–17.99%. That purchase rate ranks near the 28th percentile across this corpus of 4,587 filings.

What this filing discloses

What follows is drawn entirely from Preferred Credit's CFPB filing for Retail Charge Agreement EE UB06 W. The filing runs eight pages.

The filing is explicit about a purchase rate, a late payment maximum and a grace period. It is silent on a cash advance rate, a balance transfer rate and a penalty rate.

Where the purchase APR sits

This is a tiered agreement: the filing discloses a purchase APR anywhere from 17% to 17.99%, a spread of 0.99 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 45th percentile at the bottom and the 28th at the top.

This is disclosed as a variable rate. The number above is a snapshot: it tracks an index, so it changes without the agreement being amended.

The cost of carrying a balance

The purchase rate turns a $3,000 revolving balance into roughly $591 of annual interest.

A typical filing in this index would charge about $738 on that balance; this one is roughly $146 a year below it.

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.

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.

No minimum interest charge is imposed, so a cycle that accrues a few cents of interest is billed a few cents.

When a payment is late

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

The issuer's other agreements

This is one of 124 Preferred Credit agreements collected here. The issuer's own range is 17.99%–21.99%. At 17.99%, this agreement is dearer than 0 of its siblings.

What the filing does not tell you

This page cannot tell you anything about cash advances, balance transfer terms, an annual fee and a foreign transaction fee, 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

This summary stands or falls on the linked PDF — eight 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 — 17.99% on purchases is near enough to typical.