Full credit card agreement 07

The Full credit card agreement 07 2022 filing from Tropical Financial Credit Union sets out a purchase APR of 8.99%–16.99%, no annual fee and a 17.99% penalty rate. The purchase rate sits at roughly the 21st percentile of the 4,587 agreements indexed here.

What the agreement puts on the record

This page covers the agreement Tropical Financial Credit Union filed for Full credit card agreement 07 2022. The filing runs eight pages, and It is issued on the Mastercard network.

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

Where the purchase APR sits

Rather than a single purchase rate, the document gives a band — 8.99% at the bottom, 16.99% at the top, 8 points wide. The agreement discloses the range without disclosing how an account is placed within it.

Those two numbers occupy very different places in the corpus: roughly the 7th percentile at the bottom and the 21st at the top.

What the rate means in dollars

Carry $1,500 on this card for a year without paying it down and the purchase rate alone generates roughly $278 in interest.

Priced at the median of 21.99%, that balance would generate about $369 in a year — so this agreement comes in around $91 cheaper for the same debt.

Broken down to a single thirty-day cycle, the same balance accrues roughly $21.09.

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

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.

The filing sets a 1% foreign transaction fee, which adds roughly $30 to $3,000 spent outside the United States.

Paying in full

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.

The filing sets the minimum interest charge at zero — small balances are not rounded up to a floor.

Penalty pricing and late fees

A penalty APR of 17.99% 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 12th percentile.

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

The issuer's other agreements

There are 11 filings from Tropical Financial Credit Union in this index. Their disclosed purchase rates run from 16.99% to 17.99%, and this one at 16.99% is more expensive than 0 of them.

What is outside the disclosure

This page cannot tell you anything about cash advances and balance transfer terms, because the filing's disclosure table as read does not contain them.

An agreement filing is not a marketing document. Rewards, perks, welcome offers and eligibility rules are not in it, are not in this dataset, and are therefore not discussed anywhere on this page.

Where the authority sits

The original filing, 8 pages long, is linked on this page and should be read before any figure here is acted on. It is also a snapshot: issuers refile as terms change.

In short

At 16.99% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers. Because there is no annual fee, everything depends on the revolving behaviour: used as a payment instrument and cleared monthly, this agreement costs nothing.