Platinum Select Credit Card Disclosure and Agreement

Platinum Select Credit Card Disclosure and Agreement, as filed by U.S. Eagle Federal Credit Union, carries a 9.99% purchase APR and no annual fee. That purchase rate ranks near the 5th percentile across this corpus of 4,587 filings.

What the document actually states

U.S. Eagle Federal Credit Union filed this agreement for Platinum Select Credit Card Disclosure and Agreement with the Consumer Financial Protection Bureau. It is issued on the Visa network and the filing runs two pages.

On the record here: 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 APR against the corpus

The purchase APR of 9.99% places this agreement around the 5th percentile of the set — it reads as inexpensive against the rest of the filings.

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 the rate means in dollars

Put $2,000 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $210.

Priced at the median of 21.99%, that balance would generate about $492 in a year — so this agreement comes in around $282 cheaper for the same debt.

Per statement cycle that is on the order of $16.49 on $2,000, which is the number that actually shows up on a bill.

That maths assumes a static balance and nothing else — no payments, no additional purchases, no fees folded in.

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.

For cash advances the filing discloses a cash advance APR of 9.99%. 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.

Transferred balances are priced at 9.99%; no separate transfer fee was captured from the filing.

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

The grace period

25 days is the disclosed grace period for purchases — the interval in which paying in full costs nothing.

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

What a missed payment costs

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

Inside U.S. Eagle Federal Credit Union's filed lineup

There are 4 filings from U.S. Eagle Federal Credit Union in this index. Across that lineup purchase rates span 6.9% to 18%; this filing's 9.99% sits above 1 of the comparable ones.

The limits of this document

Absent from the captured terms: penalty pricing. The original document is the place to look for any of these.

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 — two pages. Agreements are amended over time, and the filing reflects the terms as submitted rather than as they stand today.

In short

9.99% places this filing at the inexpensive end of the set, which is the headline here.