Credit Card Agreement for West Elm Key Rewards Card in Capital One N A

The Credit Card Agreement for West Elm Key Rewards Card in Capital One N A filing from Capital One sets out a 29.24% purchase APR and no annual fee. The purchase rate sits at roughly the 70th percentile of the 4,587 agreements indexed here.

On the face of the filing

Capital One submitted the terms for Credit Card Agreement for West Elm Key Rewards Card in Capital One N A to the CFPB's agreement database; this is what they contain. It is issued on the Visa network and the filing runs six pages.

On the record here: a purchase rate, a cash advance rate, an annual fee line, a late payment maximum and a grace period. No figure appears for a balance transfer rate, a penalty rate and a foreign transaction fee.

Pricing the purchase rate

Measured against every other filing on the site, 29.24% is about the 70th percentile for purchase APR; it is dearer than the typical filing.

Because the rate is variable, the figure quoted is tied to an index and will drift with it. Nothing here is a fixed commitment.

The arithmetic of revolving

The purchase rate turns a $3,000 revolving balance into roughly $1,018 of annual interest.

The median purchase rate across the corpus is 21.99%; the same balance there would cost about $738. The gap — roughly $281 a year on $3,000 — is the price of this particular filing over a typical one.

Month to month it reads as about $72.94 per cycle on that balance.

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.

Fees, and what triggers them

No annual fee appears in the filing, in line with the roughly 75% of disclosing agreements in this index that charge nothing to hold the card.

Cash advances carry a cash advance fee of $5 or 5% of the advance, whichever is greater and a cash advance APR of 29.24%.

Default pricing

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

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.

What the filing does not tell you

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.

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.

Against the rest of Capital One's filings

20 separate Capital One filings appear in the corpus. Their disclosed purchase rates run from 19.49% to 30.49%, and this one at 29.24% is more expensive than 12 of them.

18 of the issuer's other 19 disclosing filings are likewise fee-free.

The document itself

The original filing, 6 pages long, is linked on this page and should be read before any figure here is acted on. It is also a snapshot: issuers refile as terms change.

In short

The pricing here is middling by the standards of the index — 29.24% on purchases is near enough to typical.