MJR MC Addendum 100 0326 vf

Citibank's filed agreement for MJR MC Addendum 100 0326 vf discloses a 33.24% purchase APR and no annual fee. The purchase rate sits at roughly the 78th percentile of the 4,587 agreements indexed here.

What the document actually states

Citibank submitted the terms for MJR MC Addendum 100 0326 vf to the CFPB's agreement database; this is what they contain. The filing runs one page.

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

The purchase APR against the corpus

The purchase APR of 33.24% places this agreement around the 78th percentile of the set — it comes in above the median.

This is disclosed as a variable rate. The number above is a snapshot: it tracks an index, so it changes without the agreement being amended.

Translating the rate into money

At the disclosed purchase APR, $3,000 revolving for a full year costs something like $1,182 in interest.

The median purchase rate across the corpus is 21.99%; the same balance there would cost about $738. The gap — roughly $445 a year on $3,000 — is the price of this particular filing over a typical one.

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

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.

Cash advances carry a cash advance fee of $10 or 5% of the advance, whichever is greater and a cash advance APR of 33.24%.

The transfer fee is $10 or 5% of the amount transferred, whichever is greater; transferred balances then run at 33.24%. Shifting $2,000 across attracts something like $100 in fees on day one.

When a payment is late

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

Paying in full

The filing gives 25 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest.

The $2 minimum interest charge means the effective cost of carrying a very small balance is far higher than the quoted APR implies.

How it sits in the issuer's own range

This is one of 82 Citibank agreements collected here. The issuer's own range is 25.99%–34.24%. At 33.24%, this agreement is dearer than 32 of its siblings.

On fees, 33 of the 39 sibling filings that disclose an annual fee also set it at zero — this one is among them.

What is outside the disclosure

Absent from the captured terms: a foreign transaction fee and penalty pricing. The original document is the place to look for any of these.

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.

Reading the agreement yourself

The filed PDF is linked from this page and runs one page. It is the authority for every figure summarised above; where this page and the document disagree, the document is right.

In short

At 33.24% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers.