Ann Taylor Mastercard® Credit Card or Ann Taylor Credit Card Current Credit Card Agreements

On the record for Ann Taylor Mastercard® Credit Card or Ann Taylor Credit Card Current Credit Card Agreements: a 35.99% purchase APR, a $3.50 annual fee and a 39.99% penalty rate, filed by Comenity Bank. The purchase rate sits at roughly the 97th percentile of the 4,587 agreements indexed here.

On the face of the filing

Comenity Bank submitted the terms for Ann Taylor Mastercard® Credit Card or Ann Taylor Credit Card Current Credit Card Agreements to the CFPB's agreement database; this is what they contain. It is issued on the Mastercard network and the filing runs 13 pages.

On the record here: a purchase rate, a cash advance rate, a balance transfer rate, a penalty rate and an annual fee line. No figure appears for a foreign transaction fee and a grace period.

Where the purchase APR sits

Set beside the rest of the index, the purchase APR of 35.99% lands at the 97th percentile; it is about as high as anything filed here.

The cost of carrying a balance

The purchase rate turns a $2,500 revolving balance into roughly $1,082 of annual interest.

The median purchase rate across the corpus is 21.99%; the same balance there would cost about $615. The gap — roughly $468 a year on $2,500 — is the price of this particular filing over a typical one.

There is also a floor: the filing sets a minimum interest charge of $3, so any cycle that accrues less than that is billed at $3 anyway.

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.

Fees, and what triggers them

$3.50 a year is the disclosed annual fee, which ranks near the 75th percentile of the fees filed across this corpus.

Expressed in the card's own terms, the $3.50 fee equals about a year's interest on a $10 balance at the disclosed 35.99% purchase rate.

Taking cash against the card means a cash advance fee of $10 or 3% of the advance, whichever is greater and a cash advance APR of 35.99%. The two halves of that fee cross at about $333: below it the flat $10 applies, above it the percentage does.

Balance transfers cost 35.99% of the amount transferred up front and then accrue at 35.99%. Shifting $2,000 across attracts something like $720 in fees on day one.

What a missed payment costs

The agreement discloses penalty pricing of 39.99% — about the 86th percentile of the 794 penalty rates recorded across this index.

A default therefore reprices the debt by 4 points: about $117 a year more on $2,000, for as long as the penalty rate stands.

On the fee side, a late payment can cost up to $41, which is around the 89th percentile here.

The no-interest path

A minimum interest charge of $3 applies in any cycle where interest is due, which makes very small revolving balances disproportionately expensive.

The issuer's other agreements

There are 45 filings from Comenity Bank in this index. Across that lineup purchase rates span 30.24% to 35.99%; this filing's 35.99% sits above 7 of the comparable ones.

Among the issuer's other filings that disclose a fee, 15 of 41 come in below this card's $3.50.

What you cannot learn from the filing

This page cannot tell you a foreign transaction fee and a grace period, because the filing's disclosure table as read does not contain them.

An agreement filing is not a marketing document. Rewards, perks, welcome offers and eligibility rules are not in it, are not in this dataset, and are therefore not discussed anywhere on this page.

Reading the agreement yourself

The original filing, 13 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

The defining fact about this filing is the purchase rate: at 35.99% it is in the expensive band of this corpus, and that cost only materialises for someone who revolves a balance. The $3.50 annual fee is charged regardless of use, so it is a cost that applies even to an account that never revolves.