Milestone Mastercard Cardholder Agreement

Milestone Mastercard Cardholder Agreement 365, as filed by Bank of Missouri, the, carries 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.

The disclosed terms

What follows is drawn entirely from Bank of Missouri, the's CFPB filing for Milestone Mastercard Cardholder Agreement 365. The filing runs 12 pages, and It is issued on the Mastercard network.

Terms captured from the document include a purchase rate, an annual fee line, a late payment maximum 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

35.9% puts the purchase APR near the 91st percentile across 2,280 agreements, so it lands high in the distribution.

The arithmetic of revolving

The purchase rate turns a $5,000 revolving balance into roughly $2,158 of annual interest.

The median purchase rate across the corpus is 21.99%; the same balance there would cost about $1,229. The gap — roughly $929 a year on $5,000 — is the price of this particular filing over a typical one.

Broken down to a single thirty-day cycle, the same balance accrues roughly $149.66.

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.

The fee structure

Holding the card costs $75 a year before any transaction takes place — about the 90th percentile among agreements in this index that state a fee.

For scale, $75 is approximately what $209 of revolving balance would cost in interest over twelve months at this card's 35.9% rate.

For cash advances the filing discloses a cash advance fee of $5 or 5% of the advance, whichever is greater.

Penalty pricing and late fees

On the fee side, a late payment can cost up to $41, which is around the 89th percentile here.

Grace period and minimum charge

Anyone clearing the statement balance inside 25 days pays no purchase interest at all under this filing.

A minimum interest charge of $1 applies in any cycle where interest is due, which makes very small revolving balances disproportionately expensive.

The limits of this document

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

An agreement filing is not a marketing document. Rewards, perks, welcome offers and eligibility rules are not in it, are not in this dataset, and are therefore not discussed anywhere on this page.

Inside Bank of Missouri, the's filed lineup

120 separate Bank of Missouri, the filings appear in the corpus. Their disclosed purchase rates run from 24.9% to 36%, and this one at 35.9% is more expensive than 19 of them.

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

Where the authority sits

Everything here is a reading of the filed agreement, 12 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 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. The $75 annual fee is charged regardless of use, so it is a cost that applies even to an account that never revolves.