Credit Card Agreement

Credit Card Agreement 0424, as filed by Cedar Hill National Bank, carries a 22.9% purchase APR and no annual fee. That purchase rate ranks near the 53rd percentile across this corpus of 4,587 filings.

What this filing discloses

Cedar Hill National Bank submitted the terms for Credit Card Agreement 0424 to the CFPB's agreement database; this is what they contain. The filing runs four pages.

The filing is explicit about 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

22.9% puts the purchase APR near the 53rd percentile across 2,280 agreements, so it is unremarkable against the rest of the set.

The cost of carrying a balance

Put $1,200 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $309.

The median purchase rate across the corpus is 21.99%; the same balance there would cost about $295. The gap — roughly $14 a year on $1,200 — is the price of this particular filing over a typical one.

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 no-interest path

Anyone clearing the statement balance inside 28 days pays no purchase interest at all under this filing. The median across this index is 25 days, so this filing is more generous than most.

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

Penalty pricing and late fees

Late payments are capped at $20 under this filing, about the 17th percentile of late fee maximums in the corpus.

Where the fees are

The annual fee is $0. Roughly 75% of filings here that state a fee state zero, so the absence of one is unremarkable in this market.

The issuer's other agreements

This is one of 55 Cedar Hill National Bank agreements collected here. Pricing across this issuer's filings is uniform at 22.9% — the rate table does not distinguish one of its cards from another.

What you cannot learn from the filing

This page cannot tell you anything about cash advances, balance transfer terms, a foreign transaction fee and penalty pricing, because the filing's disclosure table as read does not contain them.

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 original filing, 4 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

At 22.9% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers. The absence of an annual fee means the rate is the only thing that can make this card expensive.