Citi Secured Pricing and Information Table

Citi Secured Pricing and Information Table, as filed by Citibank, carries a 25.99% purchase APR, no annual fee and a 29.99% penalty rate. That purchase rate ranks near the 63rd percentile across this corpus of 4,587 filings.

The disclosed terms

Citibank filed this agreement for Citi Secured Pricing and Information Table with the Consumer Financial Protection Bureau. The filing runs two pages.

The disclosure covers a purchase rate, a cash advance rate, a balance transfer rate, a penalty rate and an annual fee line. No figure appears for a foreign transaction fee.

Collateral and the deposit

This is a secured agreement — the credit line is collateralised by a deposit. The disclosure table captured on this page covers pricing only; the mechanics of the deposit live in the body of the document.

Securing the line has not placed this agreement at the bottom of the market — 25.99% ranks near the 63rd percentile across every filing indexed here.

How the purchase rate compares

Set beside the rest of the index, the purchase APR of 25.99% lands at the 63rd percentile; it comes in above the median.

The filing marks this rate as variable, which means it moves with the index the agreement names rather than staying where it is quoted today.

Translating the rate into money

Carry $2,000 on this card for a year without paying it down and the purchase rate alone generates roughly $593 in interest.

On a median-priced agreement from this index (21.99%) the same $2,000 would run about $492 a year, so this card costs in the region of $102 more annually for the identical balance.

Per statement cycle that is on the order of $43.17 on $2,000, which is the number that actually shows up on a bill.

Small balances do not get a proportionally small bill — the agreement imposes a $0.50 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

The filing gives 23 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest. The typical filing here allows 25 days, so this one is tighter than most.

A minimum interest charge of $0.50 applies in any cycle where interest is due, which makes very small revolving balances disproportionately expensive.

What a missed payment costs

A penalty APR of 29.99% sits in this filing, applied when the account falls into default as the agreement defines it. Against the 794 filings here that disclose one, that is roughly the 61st percentile.

The jump from 25.99% to 29.99% is 4 percentage points, worth roughly $132 extra per year on $2,500 of balance.

On the fee side, a late payment can cost up to $41, which is around the 89th percentile here.

Where the fees are

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.

Taking cash against the card means a cash advance APR of 29.74%. Cash is therefore 3.75 points dearer than buying something with the card. The grace period described below generally does not extend to cash advances, so interest on them usually begins immediately.

The transfer fee is 0.07% of the amount transferred; transferred balances then run at 25.99%. On $7,500 that fee is about $5 before any interest is charged.

Inside Citibank's filed lineup

There are 82 filings from Citibank in this index. Across that lineup purchase rates span 26.74% to 34.24%; this filing's 25.99% sits above 0 of the comparable ones.

What you cannot learn from the filing

This page cannot tell you a foreign transaction fee, because the filing's disclosure table as read does not contain it.

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

Everything here is a reading of the filed agreement, two pages of it, which is linked above and which governs. Terms also change between filings, so the date on the document matters.

In short

At 25.99% 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.