Caesars Rewards® Visa® Credit Card Current Credit Card Agreements

On the record for Caesars Rewards┬« Visa┬« Credit Card Current Credit Card Agreements: a purchase APR of 19.99%–33.99% and a $149 annual fee, filed by Comenity Bank. Against the 4,587 filings on this site, that rate lands around the 79th percentile.

On the face of the filing

Comenity Bank submitted the terms for Caesars Rewards® Visa® Credit Card Current Credit Card Agreements to the CFPB's agreement database; this is what they contain. It is issued on the Visa network and the filing runs 16 pages.

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

The purchase rate in context

Rather than a single purchase rate, the document gives a band — 19.99% at the bottom, 33.99% at the top, 14 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 61st percentile of filed purchase rates; the ceiling sits at about the 79th. In corpus terms the same card can be cheap or expensive depending on how it is priced.

The agreement labels the purchase rate variable, so the quoted figure reflects the index at the time of filing rather than a locked-in price.

The arithmetic of revolving

Carry $3,000 on this card for a year without paying it down and the purchase rate alone generates roughly $1,214 in interest.

A card priced at the corpus median of 21.99% would charge roughly $738 on that balance. This one charges about $476 more per year.

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.

Paying in full

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

The downside terms

Late payments are capped at $41 under this filing, about the 89th percentile of late fee maximums in the corpus.

Fees, and what triggers them

Holding the card costs $149 a year before any transaction takes place — about the 96th percentile among agreements in this index that state a fee.

For scale, $149 is approximately what $438 of revolving balance would cost in interest over twelve months at this card's 33.99% rate.

Year one is free of the fee per the filing; $149 applies thereafter.

Taking cash against the card means a cash advance fee of $5 or 3% of the advance, whichever is greater and a cash advance APR of 34.99%. That is 1 points above the purchase rate. The grace period described below generally does not extend to cash advances, so interest on them usually begins immediately.

Balance transfers cost 33.99% of the amount transferred up front and then accrue at 19.99%. Transferring $7,500 would cost roughly $2,549 at the door.

How it sits in the issuer's own range

45 separate Comenity Bank filings appear in the corpus. Their disclosed purchase rates run from 30.24% to 35.99%, and this one at 33.99% is more expensive than 4 of them.

Among the issuer's other filings that disclose a fee, 40 of 41 come in below this card's $149.

The limits of this document

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

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

This summary stands or falls on the linked PDF — 16 pages. Agreements are amended over time, and the filing reflects the terms as submitted rather than as they stand today.

In short

33.99% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern. Note that the $149 annual fee falls due whether the card is used or not.