Bealls Inc Credit Card Bealls Outlet Current Credit Card Agreements

On the record for Bealls Inc Credit Card Bealls Outlet Current Credit Card Agreements: a 35.99% purchase APR, no annual fee and a 39.99% penalty rate, filed by Comenity Bank. Against the 4,587 filings on this site, that rate lands around the 97th percentile.

The disclosed terms

The document behind this page is Comenity Bank's filed agreement for Bealls Inc Credit Card Bealls Outlet Current Credit Card Agreements. The filing runs 22 pages.

The disclosure covers a purchase rate, a penalty rate, an annual fee line and a late payment maximum. It is silent on a cash advance rate, a balance transfer rate and a foreign transaction fee.

The purchase APR against the corpus

Measured against every other filing on the site, 35.99% is about the 97th percentile for purchase APR; it sits in the top few percent of the entire set.

Translating the rate into money

Put $1,000 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $433.

A card priced at the corpus median of 21.99% would charge roughly $246 on that balance. This one charges about $187 more per year.

Small balances do not get a proportionally small bill — the agreement imposes a $3 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.

Where the fees are

The annual fee is $0. Roughly 75% of filings here that state a fee state zero, so the absence of one is unremarkable in this market.

Default pricing

If the account defaults, the filing permits a rate of 39.99%. Among disclosing agreements here that ranks near the 86th percentile.

That is 4 points above the standard purchase rate. On a $3,000 balance, the shift from 35.99% to 39.99% adds something like $175 of interest over a year — the real cost of the default, quite apart from the fee itself.

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

The grace period

The $3 minimum interest charge means the effective cost of carrying a very small balance is far higher than the quoted APR implies.

Inside Comenity Bank's filed lineup

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

14 of the issuer's other 41 disclosing filings are likewise fee-free.

What the filing does not tell you

Absent from the captured terms: anything about cash advances, balance transfer terms, a foreign transaction fee and a grace period. The original document is the place to look for any of these.

What this analysis can address is bounded by the filing: rates, fees and the terms around them. Everything a card issuer might advertise — rewards, benefits, bonuses, who qualifies — falls outside the document and outside this review.

The document itself

The original filing, 22 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 absence of an annual fee means the rate is the only thing that can make this card expensive.