Consumer Low Rate Credit Card Pricing Schedule and Agreement

Dart Bank, the's filed agreement for Consumer Low Rate Credit Card Pricing Schedule and Agreement discloses a purchase APR of 8.75%–18.75%, no annual fee and a 23% penalty rate. Against the 4,587 filings on this site, that rate lands around the 39th percentile.

What the agreement puts on the record

Consumer Low Rate Credit Card Pricing Schedule and Agreement is one of the agreements Dart Bank, the has on file with the CFPB. The filing runs six pages.

On the record here: a purchase rate, a cash advance rate, a balance transfer rate, a penalty rate and an annual fee line. It is silent on a foreign transaction fee.

Pricing the purchase rate

Purchases price between 8.75% and 18.75% under this filing. The 10-point gap between the two is material, and nothing in the agreement indicates where a given account would land.

Those two numbers occupy very different places in the corpus: roughly the 5th percentile at the bottom and the 39th at the top.

The filing marks this rate as variable, which means it moves with the index the agreement names rather than staying where it is quoted today.

The arithmetic of revolving

Carry $4,000 on this card for a year without paying it down and the purchase rate alone generates roughly $825 in interest.

A typical filing in this index would charge about $983 on that balance; this one is roughly $159 a year below it.

Treat this as an illustration of what the disclosed rate does, not as a projection of a real account, which would be shaped by payments and by the fees described elsewhere in the filing.

What the card costs before you borrow

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.

For cash advances the filing discloses a cash advance fee of $10 or 5% of the advance, whichever is greater and a cash advance APR of 8.75%. Advances under roughly $200 are charged the flat $10; larger ones are charged 5%.

The filing discloses a 8.75% balance transfer rate without an accompanying fee figure.

Default pricing

A penalty APR of 23% sits in this filing, applied when the account falls into default as the agreement defines it. Against the 794 filings here that disclose one, that is roughly the 34th percentile.

The jump from 18.75% to 23% is 4.25 percentage points, worth roughly $131 extra per year on $2,500 of balance.

$25 is the disclosed ceiling on a late payment fee, placing it near the 32nd percentile of the set.

Paying in full

25 days is the disclosed grace period for purchases — the interval in which paying in full costs nothing.

A minimum interest charge of $2 applies in any cycle where interest is due, which makes very small revolving balances disproportionately expensive.

Inside Dart Bank, the's filed lineup

5 separate Dart Bank, the filings appear in the corpus. Their disclosed purchase rates run from 15.75% to 19.75%, and this one at 18.75% is more expensive than 1 of them.

What you cannot learn from the filing

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

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.

Where the authority sits

Everything here is a reading of the filed agreement, six pages of it, which is linked above and which governs. Terms also change between filings, so the date on the document matters.

In short

At 18.75% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers. The absence of an annual fee means the rate is the only thing that can make this card expensive.