Visa Signature Rewards Credit Card Agreement 65895E

Visa Signature Rewards Credit Card Agreement 65895E, as filed by City National Bank, carries a purchase APR of 18%–22% and no annual fee. Against the 4,587 filings on this site, that rate lands around the 50th percentile.

The disclosed terms

This page covers the agreement City National Bank filed for Visa Signature Rewards Credit Card Agreement 65895E. It is issued on the Visa network and the filing runs 12 pages.

The filing is explicit about a purchase rate, a cash advance rate, an annual fee line, a late payment maximum and a foreign transaction fee. A balance transfer rate and a penalty rate are not stated.

The purchase APR against the corpus

Rather than a single purchase rate, the document gives a band — 18% at the bottom, 22% at the top, 4 points wide. The agreement discloses the range without disclosing how an account is placed within it.

Read against the index, the low end ranks around the 54th percentile and the high end around the 50th — the band straddles a wide stretch of the market this corpus describes.

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

The purchase rate turns a $1,200 revolving balance into roughly $295 of annual interest.

That is almost exactly what a median-priced filing in this index would charge on the same balance, since the corpus median sits at 21.99%.

Note the $0.70 minimum interest charge, which overrides the arithmetic above whenever the calculated interest falls below it.

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.

What the card costs before you borrow

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.

For cash advances the filing discloses a cash advance fee of $5 or 3% of the advance, whichever is greater and a cash advance APR of 24%. Cash is therefore 2 points dearer than buying something with the card. The two halves of that fee cross at about $167: below it the flat $5 applies, above it the percentage does.

Transfers are charged $5 or 3% of the amount transferred, whichever is greater, though no distinct transfer APR appears in the document. On $3,000 that fee is about $90 before any interest is charged.

The filing sets a 3% foreign transaction fee, which adds roughly $30 to $1,000 spent outside the United States.

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

The downside terms

Late payments are capped at $15 under this filing, about the 11th percentile of late fee maximums in the corpus.

Grace period and minimum charge

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.

What is outside the disclosure

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.

Against the rest of City National Bank's filings

This is one of 28 City National Bank agreements collected here. The issuer's own range is 19%–27.25%. At 22%, this agreement is dearer than 6 of its siblings.

Reading the agreement yourself

This summary stands or falls on the linked PDF — 12 pages. Agreements are amended over time, and the filing reflects the terms as submitted rather than as they stand today.

In short

At 22% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers.