Application & Solicitation Disc12 24

The Application & Solicitation Disc12 24 24 filing from Robins Financial Credit Union sets out a purchase APR of 13.2%–18% and a 18% penalty rate. The purchase rate sits at roughly the 34th percentile of the 4,587 agreements indexed here.

What this filing discloses

The document behind this page is Robins Financial Credit Union's filed agreement for Application & Solicitation Disc12 24 24. It is issued on the Visa network and the filing runs three pages.

Terms captured from the document include a purchase rate, a cash advance rate, a balance transfer rate, a penalty rate and a late payment maximum. No figure appears for an annual fee line.

How the purchase rate compares

This is a tiered agreement: the filing discloses a purchase APR anywhere from 13.2% to 18%, a spread of 4.8 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 23rd percentile at the bottom and the 34th at the top.

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.

What a balance actually costs

A $2,500 balance left untouched for twelve months accrues about $493 in interest at this purchase rate.

Priced at the median of 21.99%, that balance would generate about $615 in a year — so this agreement comes in around $122 cheaper for the same debt.

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.

Where the fees are

Cash advances carry a cash advance fee of $5 or 1% of the advance, whichever is greater and a cash advance APR of 15.2%. $500 is the crossover point where the percentage overtakes the $5 minimum. 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 filing discloses a 13.2% balance transfer rate without an accompanying fee figure.

Spending abroad costs an extra 1% — about $30 on $3,000 of purchases, independent of interest.

The downside terms

If the account defaults, the filing permits a rate of 18%. Among disclosing agreements here that ranks near the 19th percentile.

On the fee side, a late payment can cost up to $25, which is around the 32nd percentile here.

Grace period and minimum charge

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 limits of this document

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

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.

Inside Robins Financial Credit Union's filed lineup

There are 11 filings from Robins Financial Credit Union in this index. Their disclosed purchase rates run from 12.95% to 18%, and this one at 18% is more expensive than 1 of them.

The document itself

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

In short

At 18% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers.