Raymour & Flanigan Credit Account Current Credit Card Agreements

On the record for Raymour & Flanigan Credit Account Current Credit Card Agreements: a 34.99% purchase APR, a $3.50 annual fee and a 39.99% penalty rate, filed by Comenity Capital Bank. That purchase rate ranks near the 84th percentile across this corpus of 4,587 filings.

The disclosed terms

This page covers the agreement Comenity Capital Bank filed for Raymour & Flanigan Credit Account Current Credit Card Agreements. The filing runs 21 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

Ranked against the corpus, this purchase APR — 34.99% — sits at approximately the 84th percentile and is well above what most issuers disclosed.

The cost of carrying a balance

A $4,000 balance left untouched for twelve months accrues about $1,675 in interest at this purchase rate.

Against the corpus median of 21.99%, that is approximately $691 a year of extra interest on the same $4,000.

Month to month it reads as about $116.65 per cycle on that balance.

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

Holding the card costs $3.50 a year before any transaction takes place — about the 75th percentile among agreements in this index that state a fee.

Expressed in the card's own terms, the $3.50 fee equals about a year's interest on a $10 balance at the disclosed 34.99% purchase rate.

What a missed payment costs

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

A default therefore reprices the debt by 5 points: about $218 a year more on $3,000, for as long as the penalty rate stands.

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

The grace period

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

How it sits in the issuer's own range

Comenity Capital Bank has 100 agreements indexed on this site. The issuer's own range is 14.74%–35.99%. At 34.99%, this agreement is dearer than 45 of its siblings.

Its $3.50 annual fee is higher than 42 of the 89 sibling filings that state one.

The limits of this document

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.

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.

Where the authority sits

This summary stands or falls on the linked PDF — 21 pages. Agreements are amended over time, and the filing reflects the terms as submitted rather than as they stand today.

In short

34.99% on purchases is the number that dominates this agreement. Paid in full each cycle it never applies; carried, it is among the dearer prices in this index. Against that sits the $3.50 annual fee, which is unavoidable once the account is open.