Milestone Mastercard Cardholder Agreement

The Milestone Mastercard Cardholder Agreement 361 filing from Bank of Missouri, the sets out a 35.9% purchase APR. Against the 4,587 filings on this site, that rate lands around the 91st percentile.

What this filing discloses

Bank of Missouri, the submitted the terms for Milestone Mastercard Cardholder Agreement 361 to the CFPB's agreement database; this is what they contain. It is issued on the Mastercard network and the filing runs 14 pages.

The filing is explicit about 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.

How the purchase rate compares

The purchase APR of 35.9% places this agreement around the 91st percentile of the set — it sits in the expensive end of the corpus.

Translating the rate into money

The purchase rate turns a $3,000 revolving balance into roughly $1,295 of annual interest.

Against the corpus median of 21.99%, that is approximately $557 a year of extra interest on the same $3,000.

Broken down to a single thirty-day cycle, the same balance accrues roughly $89.79.

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 downside terms

The maximum late fee is $41 — roughly the 89th percentile of the late fee ceilings disclosed across this index.

The fee structure

Spending abroad costs an extra 1% — about $50 on $5,000 of purchases, independent of interest.

Grace period and minimum charge

The filing gives 25 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest.

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

How it sits in the issuer's own range

This is one of 120 Bank of Missouri, the agreements collected here. The issuer's own range is 24.9%–36%. At 35.9%, this agreement is dearer than 19 of its siblings.

What you cannot learn from the filing

The disclosure parsed here does not state anything about cash advances, 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.

What this analysis can address is bounded by the filing: rates, fees and the terms around them. Everything a card issuer might advertise — rewards, benefits, bonuses, who qualifies — falls outside the document and outside this review.

Where the authority sits

Everything here is a reading of the filed agreement, 14 pages of it, which is linked above and which governs. Terms also change between filings, so the date on the document matters.

In short

35.9% on purchases is the number that dominates this agreement. Paid in full each cycle it never applies; carried, it is among the dearer prices in this index.