Cedar Hill National Bank Credit Card Agreement

The Cedar Hill National Bank Credit Card Agreement 1119 filing from Cedar Hill National Bank sets out a 22.9% purchase APR and no annual fee. Against the 4,587 filings on this site, that rate lands around the 53rd percentile.

On the face of the filing

Cedar Hill National Bank Credit Card Agreement 1119 is one of the agreements Cedar Hill National Bank has on file with the CFPB. The filing runs three 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.

Pricing the purchase rate

The purchase APR of 22.9% places this agreement around the 53rd percentile of the set — it is unremarkable against the rest of the set.

Translating the rate into money

At the disclosed purchase APR, $1,200 revolving for a full year costs something like $309 in interest.

A card priced at the corpus median of 21.99% would charge roughly $295 on that balance. This one charges about $14 more per year.

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.

Paying in full

Purchases carry a 28-day grace period: pay the statement in full inside it and the purchase rate never applies. That is longer than the corpus median of 25 days.

The $1 minimum interest charge means the effective cost of carrying a very small balance is far higher than the quoted APR implies.

Default pricing

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

Charges beyond interest

There is no annual fee. That is the common case in this corpus — about 75% of the filings that disclose an annual fee at all disclose it as $0 — so it is a baseline expectation rather than a distinguishing feature.

Inside Cedar Hill National Bank's filed lineup

This is one of 55 Cedar Hill National Bank agreements collected here. The others all file the same 22.9% purchase rate. Whatever separates these products, it is not the cost of borrowing.

The limits of this document

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

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.

Where the authority sits

The original filing, 3 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

22.9% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern. The absence of an annual fee means the rate is the only thing that can make this card expensive.