Cash Back Visa Signature Credit Card Agreement 65908E

City National Bank's filed agreement for Cash Back Visa Signature Credit Card Agreement 65908E discloses a purchase APR of 19.25%–23.25% and no annual fee. The purchase rate sits at roughly the 55th percentile of the 4,587 agreements indexed here.

The disclosed terms

This page covers the agreement City National Bank filed for Cash Back Visa Signature Credit Card Agreement 65908E. It is issued on the Visa network and the filing runs 12 pages.

On the record here: a purchase rate, an annual fee line, a late payment maximum, a foreign transaction fee and a grace period. It is silent on a cash advance rate, a balance transfer rate and a penalty rate.

Where the purchase APR sits

Rather than a single purchase rate, the document gives a band — 19.25% at the bottom, 23.25% at the top, 4 points wide. The agreement discloses the range without disclosing how an account is placed within it.

Those two numbers occupy very different places in the corpus: roughly the 59th percentile at the bottom and the 55th at the top.

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.

The cost of carrying a balance

Put $4,000 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $1,047.

The median purchase rate across the corpus is 21.99%; the same balance there would cost about $983. The gap — roughly $63 a year on $4,000 — is the price of this particular filing over a typical one.

Broken down to a single thirty-day cycle, the same balance accrues roughly $77.15.

Small balances do not get a proportionally small bill — the agreement imposes a $0.70 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.

Penalty pricing and late fees

On the fee side, a late payment can cost up to $15, which is around the 11th percentile here.

Charges beyond interest

No annual fee appears in the filing, in line with the roughly 75% of disclosing agreements in this index that charge nothing to hold the card.

Taking cash against the card means a cash advance fee of $5 or 3% of the advance, whichever is greater. $167 is the crossover point where the percentage overtakes the $5 minimum.

Transfers are charged $5 or 3% of the amount transferred, whichever is greater, though no distinct transfer APR appears in the document. On $5,000 that fee is about $150 before any interest is charged.

Foreign transactions attract 3%. On $2,000 of overseas spending that is $60, charged on top of whatever exchange rate applies.

That is at the high end of this corpus — around the 91st percentile of disclosed foreign transaction fees.

Paying in full

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

A minimum interest charge of $0.70 applies in any cycle where interest is due, which makes very small revolving balances disproportionately expensive.

Inside City National Bank's filed lineup

There are 28 filings from City National Bank in this index. Their disclosed purchase rates run from 19% to 27.25%, and this one at 23.25% is more expensive than 11 of them.

On fees, 22 of the 26 sibling filings that disclose an annual fee also set it at zero — this one is among them.

The limits of this document

The disclosure parsed here does not state penalty pricing. Those gaps are gaps in what could be read from the filing, and the PDF may well address them in prose the rate table does not capture.

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.

Where the authority sits

The filed PDF is linked from this page and runs 12 pages. It is the authority for every figure summarised above; where this page and the document disagree, the document is right.

In short

At 23.25% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers.