Visa Signature Rewards Credit Card Agreement 65895E

The Visa Signature Rewards Credit Card Agreement 65895E filing from City National Bank sets out a purchase APR of 15.25%–19.25% and no annual fee. Against the 4,587 filings on this site, that rate lands around the 41st percentile.

What this filing discloses

Visa Signature Rewards Credit Card Agreement 65895E is one of the agreements City National Bank has on file with the CFPB. It is issued on the Visa network and the filing runs 12 pages.

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

The purchase rate in context

The purchase APR is quoted as a range of 15.25% to 19.25%. That 4-point spread is the whole of what the filing commits to; the method for assigning a rate inside it is not in the document.

Those two numbers occupy very different places in the corpus: roughly the 36th percentile at the bottom and the 41st at the top.

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

The arithmetic of revolving

A $2,000 balance left untouched for twelve months accrues about $424 in interest at this purchase rate.

A typical filing in this index would charge about $492 on that balance; this one is roughly $67 a year below it.

There is also a floor: the filing sets a minimum interest charge of $0.70, so any cycle that accrues less than that is billed at $0.70 anyway.

That maths assumes a static balance and nothing else — no payments, no additional purchases, no fees folded in.

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.

Cash advances carry a cash advance fee of $5 or 3% of the advance, whichever is greater and a cash advance APR of 21.25%. That is 2 points above the purchase rate. The two halves of that fee cross at about $167: below it the flat $5 applies, above it the percentage does. Cash advances also tend to fall outside any grace period, which means interest typically starts on day one rather than at the end of a billing cycle.

Transfers are charged $5 or 3% of the amount transferred, whichever is greater, though no distinct transfer APR appears in the document. Shifting $2,000 across attracts something like $60 in fees on day one.

The filing sets a 3% foreign transaction fee, which adds roughly $90 to $3,000 spent outside the United States.

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

What a missed payment costs

The maximum late fee is $15 — roughly the 11th percentile of the late fee ceilings disclosed across this index.

Grace period and minimum charge

25 days is the disclosed grace period for purchases — the interval in which paying in full costs nothing. That matches the 25-day median across the corpus almost exactly.

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

This is one of 28 City National Bank agreements collected here. The issuer's own range is 19%–27.25%. At 19.25%, this agreement is dearer than 2 of its siblings.

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

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

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.

The document itself

The original filing, 12 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

At 19.25% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers. The absence of an annual fee means the rate is the only thing that can make this card expensive.