LLB MC Addendum 97 0326 vf

LLB MC Addendum 97 0326 vf, as filed by Citibank, carries a purchase APR of 19.49%–30.49% and no annual fee. The purchase rate sits at roughly the 75th percentile of the 4,587 agreements indexed here.

What this filing discloses

What follows is drawn entirely from Citibank's CFPB filing for LLB MC Addendum 97 0326 vf. The filing runs one page.

The disclosure covers a purchase rate, a cash advance rate, a balance transfer rate, an annual fee line and a late payment maximum. It is silent on a penalty rate and a foreign transaction fee.

Pricing the purchase rate

Purchases price between 19.49% and 30.49% under this filing. The 11-point gap between the two is material, and nothing in the agreement indicates where a given account would land.

The floor of that band sits at about the 59th percentile of filed purchase rates; the ceiling sits at about the 75th. In corpus terms the same card can be cheap or expensive depending on how it is priced.

Because the rate is variable, the figure quoted is tied to an index and will drift with it. Nothing here is a fixed commitment.

What a balance actually costs

The purchase rate turns a $4,000 revolving balance into roughly $1,425 of annual interest.

A card priced at the corpus median of 21.99% would charge roughly $983 on that balance. This one charges about $442 more per year.

These figures are arithmetic on the disclosed rate, not a quote: they assume the balance is never reduced, ignore any payments, and take no account of fees charged separately.

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.

Taking cash against the card means a cash advance fee of $10 or 5% of the advance, whichever is greater and a cash advance APR of 32.49%. The premium over purchases is 2 percentage points. $200 is the crossover point where the percentage overtakes the $10 minimum. The grace period described below generally does not extend to cash advances, so interest on them usually begins immediately.

Balance transfers cost $10 or 5% of the amount transferred, whichever is greater up front and then accrue at 19.49%. Shifting $7,500 across attracts something like $375 in fees on day one.

Default pricing

$41 is the disclosed ceiling on a late payment fee, placing it near the 89th percentile of the set.

The no-interest path

Purchases carry a 25-day grace period: pay the statement in full inside it and the purchase rate never applies. That matches the 25-day median across the corpus almost exactly.

Where interest applies at all, the filing bills at least $2. On a tiny balance that floor can dwarf the rate itself.

The issuer's other agreements

There are 82 filings from Citibank in this index. Their disclosed purchase rates run from 25.99% to 34.24%, and this one at 30.49% is more expensive than 16 of them.

What the filing does not tell you

This page cannot tell you 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.

Go to the source

This summary stands or falls on the linked PDF — one page. Agreements are amended over time, and the filing reflects the terms as submitted rather than as they stand today.

In short

30.49% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern.