Secured Credit Card Disclosure Effective

On the record for Secured Credit Card Disclosure Effective 2 1 26: a 15.74% purchase APR and a $15 annual fee, filed by Dollar Bank, Federal Savings Bank. Against the 4,587 filings on this site, that rate lands around the 16th percentile.

On the face of the filing

Dollar Bank, Federal Savings Bank filed this agreement for Secured Credit Card Disclosure Effective 2 1 26 with the Consumer Financial Protection Bureau. The filing runs five pages, and It is issued on the Mastercard network.

On the record here: a purchase rate, a balance transfer rate, an annual fee line, a late payment maximum and a foreign transaction fee. A cash advance rate and a penalty rate are not stated.

What "secured" changes

The product name identifies this as a secured card, which means the account is backed by a deposit the cardholder provides. The filing indexed here discloses rates and fees; it is the agreement text that governs how the deposit is held, when it is applied and under what conditions it is returned.

It is worth noting that collateral does not automatically mean a cheap rate: at 15.74%, this filing's purchase APR still sits at about the 16th percentile of the whole corpus, secured and unsecured filings alike.

Where the purchase APR sits

The purchase APR of 15.74% places this agreement around the 16th percentile of the set — it sits well down in the cheaper fifth of the set.

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.

What a balance actually costs

Put $2,000 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $341.

Measured against the 21.99% corpus median, the same $2,000 costs approximately $151 less per year here.

Small balances do not get a proportionally small bill — the agreement imposes a $0.50 minimum interest charge in any month where interest applies.

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.

The grace period

The filing gives 25 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest.

Where interest applies at all, the filing bills at least $0.50. On a tiny balance that floor can dwarf the rate itself.

When a payment is late

$35 is the disclosed ceiling on a late payment fee, placing it near the 54th percentile of the set.

What the card costs before you borrow

$15 a year is the disclosed annual fee, which ranks near the 77th percentile of the fees filed across this corpus.

For scale, $15 is approximately what $95 of revolving balance would cost in interest over twelve months at this card's 15.74% rate.

For cash advances the filing discloses a cash advance fee of $5 or 3% of the advance, whichever is greater.

Balance transfers cost $5 or 3% of the amount transferred, whichever is greater up front and then accrue at 15.74%. On $2,000 that fee is about $60 before any interest is charged.

The filing sets a 3% foreign transaction fee, which adds roughly $90 to $3,000 spent outside the United States.

That is at the high end of this corpus — around the 91st percentile of disclosed foreign transaction fees.

Inside Dollar Bank, Federal Savings Bank's filed lineup

There are 5 filings from Dollar Bank, Federal Savings Bank in this index. Across that lineup purchase rates span 12.74% to 18.49%; this filing's 15.74% sits above 1 of the comparable ones.

Its $15 annual fee is higher than 4 of the 4 sibling filings that state one.

The limits of this document

Absent from the captured terms: penalty pricing. The original document is the place to look for any of these.

More broadly, a CFPB agreement filing is a legal and pricing document. It does not describe rewards, benefits, sign-up offers, eligibility or approval criteria, and nothing of that kind has been inferred on this page. Where a card has features of that sort, they live outside this document entirely.

Reading the agreement yourself

Everything here is a reading of the filed agreement, five 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 15.74% the purchase rate is low relative to this corpus, which is the clearest thing the filing has going for it on cost. Note that the $15 annual fee falls due whether the card is used or not.