Credit Card Agreement

Cedar Hill National Bank's filed agreement for Credit Card Agreement 1119 discloses a 22.9% purchase APR and no annual fee. The purchase rate sits at roughly the 53rd percentile of the 4,587 agreements indexed here.

What the document actually states

Cedar Hill National Bank filed this agreement for Credit Card Agreement 1119 with the Consumer Financial Protection Bureau. The filing runs three pages.

Terms captured from the document include a purchase rate, an annual fee line, a late payment maximum and a grace period. No figure appears for a cash advance rate, a balance transfer rate and a penalty rate.

How the purchase rate compares

At 22.9%, the purchase APR falls at roughly the 53rd percentile of the 2,280 filings indexed here, which is unremarkable against the rest of the set.

The arithmetic of revolving

Put $3,000 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $772.

Against the corpus median of 21.99%, that is approximately $34 a year of extra interest on the same $3,000.

Small balances do not get a proportionally small bill — the agreement imposes a $1 minimum interest charge in any month where interest applies.

That maths assumes a static balance and nothing else — no payments, no additional purchases, no fees folded in.

What the card costs before you borrow

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.

The downside terms

The maximum late fee is $20 — roughly the 17th percentile of the late fee ceilings disclosed across this index.

Paying in full

Anyone clearing the statement balance inside 28 days pays no purchase interest at all under this filing. Against a corpus median of 25 days, this is a wider window than usual.

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

Inside Cedar Hill National Bank's filed lineup

Cedar Hill National Bank has 55 agreements indexed on this site. Every one of the others that discloses a purchase rate discloses the same 22.9%, so the issuer's filings are near-identical on pricing and the differences between its cards lie outside the rate table.

What the filing does not tell you

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.

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 three pages. It is the authority for every figure summarised above; where this page and the document disagree, the document is right.

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. With no annual fee, the cost of the account is entirely a function of whether a balance is carried.