Credit Card App MLA (33933 0)

The Credit Card App MLA (33933 0) filing from First Financial Bank sets out a 21.49% purchase APR, no annual fee and a 12-month 0% opening period. The purchase rate sits at roughly the 47th percentile of the 4,587 agreements indexed here.

On the face of the filing

What follows is drawn entirely from First Financial Bank's CFPB filing for Credit Card App MLA (33933 0). The filing runs ten pages.

On the record here: a purchase rate, a cash advance rate, a balance transfer rate, an annual fee line and a late payment maximum. No figure appears for a penalty rate and a foreign transaction fee.

Zero percent, and then what

This agreement opens at 0% for 12 months, the only period in the document where carrying a balance is free.

Zero-percent openings appear in roughly 458 of the filings on this site, which puts this agreement in a sizeable minority rather than a class of its own.

Once the introductory period ends the rate becomes 21.49%, which turns a lingering $1,000 balance into approximately $240 of annual interest.

Put the other way round, the 12-month zero rate is worth roughly $240 on a $1,000 balance relative to paying the go-to rate from day one — a real figure, but one that only materialises for someone who was going to carry that balance anyway.

Pricing the purchase rate

Measured against every other filing on the site, 21.49% is about the 47th percentile for purchase APR; it is about typical for the filings collected here.

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.

What a balance actually costs

The purchase rate turns a $1,200 revolving balance into roughly $288 of annual interest.

A typical filing in this index would charge about $295 on that balance; this one is roughly $7 a year below it.

Per statement cycle that is on the order of $21.38 on $1,200, which is the number that actually shows up on a bill.

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.

What the card costs before you borrow

No annual fee appears in the filing, in line with the roughly 75% of disclosing agreements in this index that charge nothing to hold the card.

Cash advances carry a cash advance fee of $10 or 2% of the advance, whichever is greater and a cash advance APR of 21.49%. The grace period described below generally does not extend to cash advances, so interest on them usually begins immediately.

The transfer fee is $10 or 2% of the amount transferred, whichever is greater; transferred balances then run at 8.74%. Shifting $5,000 across attracts something like $100 in fees on day one.

The downside terms

$39 is the disclosed ceiling on a late payment fee, placing it near the 63rd percentile of the set.

The no-interest path

The filing gives 27 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest. Against a corpus median of 25 days, this is a wider window than usual.

Inside First Financial Bank's filed lineup

This is one of 5 First Financial Bank agreements collected here. Their disclosed purchase rates run from 21.49% to 22.49%, and this one at 21.49% is more expensive than 0 of them.

What is outside the disclosure

This page cannot tell you a foreign transaction fee 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.

Go to the source

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

In short

At 21.49% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers.