Platinum CC Agreement

Red Canoe Credit Union's filed agreement for Platinum CC Agreement discloses no annual fee, a 4.9% introductory rate and a 19.9% penalty rate.

What the document actually states

The document behind this page is Red Canoe Credit Union's filed agreement for Platinum CC Agreement. The filing runs five pages, and It is issued on the Visa network.

On the record here: a penalty rate, an annual fee line and a late payment maximum. It is silent on a purchase rate, a cash advance rate and a balance transfer rate.

Confidence in the parse of this filing is moderate rather than high, so the figures below are best checked against the original.

The introductory rate

For the first six months the filing sets a reduced rate of 4.9%. Balances still cost something during that window.

Among the 763 filings here that disclose an introductory rate, 4.9% sits at about the 86th percentile.

Only the introductory figure parsed cleanly here. Since the rate after the promotion is the one that governs the account for most of its life, this page cannot describe the real cost of the card.

The fee structure

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.

What a missed payment costs

A penalty APR of 19.9% sits in this filing, applied when the account falls into default as the agreement defines it. Against the 794 filings here that disclose one, that is roughly the 26th percentile.

$25 is the disclosed ceiling on a late payment fee, placing it near the 32nd percentile of the set.

The issuer's other agreements

Red Canoe Credit Union has 5 agreements indexed on this site.

What is outside the disclosure

The disclosure parsed here does not state a purchase rate, anything about cash advances, balance transfer terms and a foreign transaction fee. Those gaps are gaps in what could be read from the filing, and the PDF may well address them in prose the rate table does not capture.

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

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

In short

Extraction confidence here is not high, so the conclusions above are provisional on the PDF agreeing with them.