Turkish Airlines Miles&Smiles Premier Visa Signature® Card

The Turkish Airlines Miles&Smiles Premier Visa Signature┬« Card filing from First Electronic Bank sets out a purchase APR of 19.74%–34.99% and a $99 annual fee. Against the 4,587 filings on this site, that rate lands around the 84th percentile.

On the face of the filing

What follows is drawn entirely from First Electronic Bank's CFPB filing for Turkish Airlines Miles&Smiles Premier Visa Signature® Card. It is issued on the Visa network and the filing runs 18 pages.

The disclosure covers a purchase rate, an annual fee line, a late payment maximum and a grace period. No figure appears for a cash advance rate, a balance transfer rate and a penalty rate.

How the purchase rate compares

Rather than a single purchase rate, the document gives a band — 19.74% at the bottom, 34.99% at the top, 15.25 points wide. The agreement discloses the range without disclosing how an account is placed within it.

Read against the index, the low end ranks around the 60th percentile and the high end around the 84th — the band straddles a wide stretch of the market this corpus describes.

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 $1,200 on this card for a year without paying it down and the purchase rate alone generates roughly $502 in interest.

Against the corpus median of 21.99%, that is approximately $207 a year of extra interest on the same $1,200.

Broken down to a single thirty-day cycle, the same balance accrues roughly $34.99.

That maths assumes a static balance and nothing else — no payments, no additional purchases, no fees folded in.

The downside terms

The maximum late fee is $35 — roughly the 54th percentile of the late fee ceilings disclosed across this index.

Fees, and what triggers them

$99 a year is the disclosed annual fee, which ranks near the 93rd percentile of the fees filed across this corpus.

Expressed in the card's own terms, the $99 fee equals about a year's interest on a $283 balance at the disclosed 34.99% purchase rate.

Grace period and minimum charge

Purchases carry a 21-day grace period: pay the statement in full inside it and the purchase rate never applies. The typical filing here allows 25 days, so this one is tighter than most.

The issuer's other agreements

There are 23 filings from First Electronic Bank in this index. The issuer's own range is 29.49%–35.99%. At 34.99%, this agreement is dearer than 13 of its siblings.

What you cannot learn from the filing

This page cannot tell you anything about cash advances, balance transfer terms, a foreign transaction fee and penalty pricing, because the filing's disclosure table as read does not contain them.

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

Everything here is a reading of the filed agreement, 18 pages of it, which is linked above and which governs. Terms also change between filings, so the date on the document matters.

In short

The defining fact about this filing is the purchase rate: at 34.99% it is in the expensive band of this corpus, and that cost only materialises for someone who revolves a balance. The $99 annual fee is charged regardless of use, so it is a cost that applies even to an account that never revolves.