everblue cash back plus pricing addendum

Bangor Savings Bank's filed agreement for everblue cash back plus pricing addendum discloses a 23.49% purchase APR, no annual fee and a six-month 0% opening period. That purchase rate ranks near the 55th percentile across this corpus of 4,587 filings.

What this filing discloses

everblue cash back plus pricing addendum is one of the agreements Bangor Savings Bank has on file with the CFPB. It is issued on the Mastercard network and the filing runs two pages.

The disclosure covers a purchase rate, a cash advance rate, a balance transfer rate, an annual fee line and a late payment maximum. It is silent on a penalty rate.

Zero percent, and then what

A six-month promotional period at 0% is on the record here — during it, qualifying balances cost nothing to carry.

About 458 agreements in this corpus carry a zero-percent opening rate; this is one of them.

What matters more than the promotion is the rate waiting behind it: 23.49%. A $1,000 balance that survives the promotional window costs roughly $265 a year from that point on.

The promotional window is therefore worth something on the order of $132 on $1,000, measured against the same balance priced at the standard rate for the same period.

Where the purchase APR sits

23.49% puts the purchase APR near the 55th percentile across 2,280 agreements, so it sits close to the middle of the corpus.

The agreement labels the purchase rate variable, so the quoted figure reflects the index at the time of filing rather than a locked-in price.

To be precise about which number this is: the filing identifies it as the rate that takes over after the introductory period, not the introductory rate.

What the rate means in dollars

The purchase rate turns a $1,000 revolving balance into roughly $265 of annual interest.

A card priced at the corpus median of 21.99% would charge roughly $246 on that balance. This one charges about $19 more per year.

Per statement cycle that is on the order of $19.49 on $1,000, which is the number that actually shows up on a bill.

There is also a floor: the filing sets a minimum interest charge of $1.50, so any cycle that accrues less than that is billed at $1.50 anyway.

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.

What the card costs before you borrow

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 fee of $10 or 5% of the advance, whichever is greater and a cash advance APR of 27.49%. Cash is therefore 4 points dearer than buying something with the card. The two halves of that fee cross at about $200: below it the flat $10 applies, above it the percentage does. The grace period described below generally does not extend to cash advances, so interest on them usually begins immediately.

Moving a balance onto this card carries an up-front charge of $5 or 3% of the amount transferred, whichever is greater, with the transferred balance priced at 23.49%. On $5,000 that fee is about $150 before any interest is charged.

Foreign transactions carry no fee. Only about 22% of the filings here that disclose a foreign transaction fee set it at zero, so this is a genuine point of difference.

Penalty pricing and late fees

$40 is the disclosed ceiling on a late payment fee, placing it near the 72nd percentile of the set.

Paying in full

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.

Where interest applies at all, the filing bills at least $1.50. On a tiny balance that floor can dwarf the rate itself.

Inside Bangor Savings Bank's filed lineup

This is one of 6 Bangor Savings Bank agreements collected here.

What you cannot learn from the filing

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

It is worth being explicit about scope: these filings record terms and pricing. They say nothing about rewards programmes, cardholder benefits, promotional offers or who the issuer will approve, and this review does not speculate about any of it.

Reading the agreement yourself

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

The pricing here is middling by the standards of the index — 23.49% on purchases is near enough to typical.