M 141241 300 TBOM StdwCCF

Bank of Missouri, the's filed agreement for M 141241 300 Tbom Stdwccf discloses a 35.9% purchase APR and a $75 annual fee. That purchase rate ranks near the 91st percentile across this corpus of 4,587 filings.

What this filing discloses

Bank of Missouri, the submitted the terms for M 141241 300 Tbom Stdwccf to the CFPB's agreement database; this is what they contain. The filing runs 13 pages.

The filing is explicit about a purchase rate, a cash advance rate, an annual fee line, a late payment maximum and a foreign transaction fee. No figure appears for a balance transfer rate and a penalty rate.

The purchase rate in context

The purchase APR of 35.9% places this agreement around the 91st percentile of the set — it lands high in the distribution.

The arithmetic of revolving

Put $1,500 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $647.

Against the corpus median of 21.99%, that is approximately $279 a year of extra interest on the same $1,500.

Per statement cycle that is on the order of $44.90 on $1,500, which is the number that actually shows up on a bill.

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.

The fee structure

$75 a year is the disclosed annual fee, which ranks near the 90th percentile of the fees filed across this corpus.

For cash advances the filing discloses a cash advance fee of $0 and a cash advance APR of 35.9%. The grace period described below generally does not extend to cash advances, so interest on them usually begins immediately.

The filing sets a 3% foreign transaction fee, which adds roughly $90 to $3,000 spent outside the United States.

That is at the high end of this corpus — around the 91st percentile of disclosed foreign transaction fees.

The grace period

Purchases carry a 25-day grace period: pay the statement in full inside it and the purchase rate never applies. That matches the 25-day median across the corpus almost exactly.

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

Penalty pricing and late fees

$41 is the disclosed ceiling on a late payment fee, placing it near the 89th percentile of the set.

Inside Bank of Missouri, the's filed lineup

There are 120 filings from Bank of Missouri, the in this index. The issuer's own range is 24.9%–36%. At 35.9%, this agreement is dearer than 19 of its siblings.

Among the issuer's other filings that disclose a fee, 36 of 79 come in below this card's $75.

The limits of this document

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

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.

The document itself

The filed PDF is linked from this page and runs 13 pages. It is the authority for every figure summarised above; where this page and the document disagree, the document is right.

In short

The defining fact about this filing is the purchase rate: at 35.9% it is in the expensive band of this corpus, and that cost only materialises for someone who revolves a balance. Against that sits the $75 annual fee, which is unavoidable once the account is open.