Milestone Mastercard Cardholder Agreement

On the record for Milestone Mastercard Cardholder Agreement 305: a 29.9% purchase APR, filed by Bank of Missouri, the. The purchase rate sits at roughly the 72nd percentile of the 4,587 agreements indexed here.

What the agreement puts on the record

Milestone Mastercard Cardholder Agreement 305 is one of the agreements Bank of Missouri, the has on file with the CFPB. The filing runs 12 pages, and It is issued on the Mastercard network.

Terms captured from the document include a purchase rate, a late payment maximum, a foreign transaction fee and a grace period. It is silent on a cash advance rate, a balance transfer rate and a penalty rate.

The purchase APR against the corpus

Measured against every other filing on the site, 29.9% is about the 72nd percentile for purchase APR; it comes in above the median.

What the rate means in dollars

Carry $2,500 on this card for a year without paying it down and the purchase rate alone generates roughly $871 in interest.

On a median-priced agreement from this index (21.99%) the same $2,500 would run about $615 a year, so this card costs in the region of $256 more annually for the identical balance.

Month to month it reads as about $62.17 per cycle on that balance.

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.

Fees, and what triggers them

Taking cash against the card means a cash advance fee of $5 or 5% of the advance, whichever is greater.

The filing sets a 1% foreign transaction fee, which adds roughly $50 to $5,000 spent outside the United States.

Paying in full

Anyone clearing the statement balance inside 25 days pays no purchase interest at all under this filing. That matches the 25-day median across the corpus almost exactly.

Where interest applies at all, the filing bills at least $1. On a tiny balance that floor can dwarf the rate itself.

When a payment is late

On the fee side, a late payment can cost up to $40, which is around the 72nd percentile here.

Inside Bank of Missouri, the's filed lineup

There are 120 filings from Bank of Missouri, the in this index. Their disclosed purchase rates run from 24.9% to 36%, and this one at 29.9% is more expensive than 8 of them.

What you cannot learn from the filing

The disclosure parsed here does not state balance transfer terms, an annual fee and penalty pricing. Those gaps are gaps in what could be read from the filing, and the PDF may well address them in prose the rate table does not capture.

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.

The document itself

The filed PDF is linked from this page and runs 12 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 — 29.9% on purchases is near enough to typical.