Indigo Mastercard Cardholder Agreement

The Indigo Mastercard Cardholder Agreement 655 filing from Celtic Bank sets out a 35.9% purchase APR. That purchase rate ranks near the 91st percentile across this corpus of 4,587 filings.

The disclosed terms

What follows is drawn entirely from Celtic Bank's CFPB filing for Indigo Mastercard Cardholder Agreement 655. The filing runs 13 pages, and It is issued on the Mastercard network.

The disclosure covers a purchase rate, a late payment maximum, a foreign transaction fee and a grace period. A cash advance rate, a balance transfer rate and a penalty rate are not stated.

Where the purchase APR sits

The purchase APR of 35.9% places this agreement around the 91st percentile of the set — it lands high in the distribution.

Translating the rate into money

A $1,500 balance left untouched for twelve months accrues about $647 in interest at this purchase rate.

Against the corpus median of 21.99%, that is approximately $279 a year of extra interest on the same $1,500.

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 fee structure

Spending abroad costs an extra 1% — about $15 on $1,500 of purchases, independent of interest.

Penalty pricing and late fees

Late payments are capped at $41 under this filing, about the 89th percentile of late fee maximums in the corpus.

The no-interest path

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

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

Against the rest of Celtic Bank's filings

There are 92 filings from Celtic Bank in this index. Their disclosed purchase rates run from 22.49% to 35.9%, and this one at 35.9% is more expensive than 25 of them.

The limits of this document

Absent from the captured terms: anything about cash advances, balance transfer terms, an annual 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.

Reading the agreement yourself

The original filing, 13 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 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.