Aven Flex Unsecured 9

The Aven Flex Unsecured 9 2025 filing from Coastal Community Bank sets out a purchase APR of 8.49%–36%. The purchase rate sits at roughly the 99th percentile of the 4,587 agreements indexed here.

What the agreement puts on the record

The document behind this page is Coastal Community Bank's filed agreement for Aven Flex Unsecured 9 2025. The filing runs 12 pages.

Terms captured from the document include a purchase rate, a late payment maximum and a grace period. A cash advance rate, a balance transfer rate and a penalty rate are not stated.

Note that the purchase APR row in this table carries no explicit label in the filing, which introduces some ambiguity about what it covers.

The purchase rate in context

Rather than a single purchase rate, the document gives a band — 8.49% at the bottom, 36% at the top, 27.51 points wide. The agreement discloses the range without disclosing how an account is placed within it.

The floor of that band sits at about the 5th percentile of filed purchase rates; the ceiling sits at about the 99th. In corpus terms the same card can be cheap or expensive depending on how it is priced.

Unusually for this corpus, the filing labels the purchase rate as fixed rather than variable — the overwhelming majority of agreements indexed here disclose variable pricing.

Translating the rate into money

Put $3,000 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $1,299.

The median purchase rate across the corpus is 21.99%; the same balance there would cost about $738. The gap — roughly $562 a year on $3,000 — is the price of this particular filing over a typical one.

Month to month it reads as about $90.05 per cycle on that balance.

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

The fee structure

Transfers are charged $5 or 0% of the amount transferred, whichever is greater, though no distinct transfer APR appears in the document. Shifting $7,500 across attracts something like $5 in fees on day one.

Default pricing

The maximum late fee is $29 — roughly the 47th percentile of the late fee ceilings disclosed across this index.

The grace period

The filing gives 21 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest. The typical filing here allows 25 days, so this one is tighter than most.

The issuer's other agreements

Coastal Community Bank has 10 agreements indexed on this site. Across that lineup purchase rates span 0% to 35.99%; this filing's 36% sits above 8 of the comparable ones.

What the filing does not tell you

The disclosure parsed here does not state anything about cash advances, an annual fee, a foreign transaction fee and 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

This is an expensive agreement by the standards of the corpus, driven by a 36% purchase rate that is inert for a transactor and punishing for a revolver.