Platinum Preferred Credit Card Disclosure and Agreement

U.S. Eagle Federal Credit Union's filed agreement for Platinum Preferred Credit Card Disclosure and Agreement discloses a 6.9% purchase APR and no annual fee. Against the 4,587 filings on this site, that rate lands around the 2nd percentile.

What this filing discloses

U.S. Eagle Federal Credit Union submitted the terms for Platinum Preferred Credit Card Disclosure and Agreement to the CFPB's agreement database; this is what they contain. It is issued on the Visa network and the filing runs two 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.

The purchase rate in context

At 6.9%, the purchase APR falls at roughly the 2nd percentile of the 2,280 filings indexed here, which is among the very cheapest figures in the whole set.

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.

The arithmetic of revolving

A $1,200 balance left untouched for twelve months accrues about $86 in interest at this purchase rate.

A typical filing in this index would charge about $295 on that balance; this one is roughly $209 a year below it.

Per statement cycle that is on the order of $6.82 on $1,200, which is the number that actually shows up on a bill.

These figures are arithmetic on the disclosed rate, not a quote: they assume the balance is never reduced, ignore any payments, and take no account of fees charged separately.

Fees, and what triggers them

There is no annual fee. That is the common case in this corpus — about 75% of the filings that disclose an annual fee at all disclose it as $0 — so it is a baseline expectation rather than a distinguishing feature.

Taking cash against the card means a cash advance APR of 6.9%. The grace period described below generally does not extend to cash advances, so interest on them usually begins immediately.

The filing discloses a 6.9% balance transfer rate without an accompanying fee figure.

Foreign transactions attract 1%. On $5,000 of overseas spending that is $50, charged on top of whatever exchange rate applies.

What a missed payment costs

The maximum late fee is $25 — roughly the 32nd percentile of the late fee ceilings disclosed across this index.

Paying in full

The filing gives 25 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest.

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

How it sits in the issuer's own range

This is one of 4 U.S. Eagle Federal Credit Union agreements collected here. Their disclosed purchase rates run from 9.99% to 18%, and this one at 6.9% is more expensive than 0 of them.

What is outside the disclosure

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

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.

Go to the source

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

In short

6.9% places this filing at the inexpensive end of the set, which is the headline here. With no annual fee, the cost of the account is entirely a function of whether a balance is carried.