3QTR App and Solicitation Disc

3QTR App and Solicitation Disc 25, as filed by University of Kentucky Federal Credit Union, carries a purchase APR of 11.24%–18%. That purchase rate ranks near the 34th percentile across this corpus of 4,587 filings.

What this filing discloses

This page covers the agreement University of Kentucky Federal Credit Union filed for 3QTR App and Solicitation Disc 25. The filing runs two pages, and It is issued on the Visa network.

On the record here: a purchase rate, a cash advance rate, a balance transfer rate, a late payment maximum and a foreign transaction fee. A penalty rate and an annual fee line are not stated.

The purchase APR against the corpus

Rather than a single purchase rate, the document gives a band — 11.24% at the bottom, 18% at the top, 6.76 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 15th percentile at the bottom and the 34th at the top.

This is disclosed as a variable rate. The number above is a snapshot: it tracks an index, so it changes without the agreement being amended.

The arithmetic of revolving

The purchase rate turns a $4,000 revolving balance into roughly $789 of annual interest.

Measured against the 21.99% corpus median, the same $4,000 costs approximately $195 less per year here.

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

The fee structure

For cash advances the filing discloses a cash advance APR of 18%.

The filing discloses a 18% balance transfer rate without an accompanying fee figure.

Foreign transactions attract 1%. On $1,000 of overseas spending that is $10, charged on top of whatever exchange rate applies.

When a payment is late

$29 is the disclosed ceiling on a late payment fee, placing it near the 47th percentile of the set.

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.

Against the rest of University of Kentucky Federal Credit Union's filings

University of Kentucky Federal Credit Union has 20 agreements indexed on this site. Across that lineup purchase rates span 11.49% to 18%; this filing's 18% sits above 6 of the comparable ones.

What you cannot learn from the filing

Absent from the captured terms: an annual fee and 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.

Where the authority sits

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

In short

The pricing here is middling by the standards of the index — 18% on purchases is near enough to typical.