Priority Destinations World Elite Prvt Bnking 030126 Final

Priority Destinations World Elite Prvt Bnking 030126 Final, as filed by First Hawaiian Bank, carries a 14.74% purchase APR, no annual fee and a 18% penalty rate. The purchase rate sits at roughly the 13th percentile of the 4,587 agreements indexed here.

The disclosed terms

The document behind this page is First Hawaiian Bank's filed agreement for Priority Destinations World Elite Prvt Bnking 030126 Final. It is issued on the Mastercard network and the filing runs five pages.

On the record here: a purchase rate, a cash advance rate, a balance transfer rate, a penalty rate and an annual fee line.

Pricing the purchase rate

Measured against every other filing on the site, 14.74% is about the 13th percentile for purchase APR; it falls in the low band of the corpus.

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.

Translating the rate into money

Put $1,200 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $191.

Measured against the 21.99% corpus median, the same $1,200 costs approximately $105 less per year here.

Broken down to a single thirty-day cycle, the same balance accrues roughly $14.62.

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

Fees, and what triggers them

There is no annual fee. That is the common case in this corpus — about 75% of the filings that disclose an annual fee at all disclose it as $0 — so it is a baseline expectation rather than a distinguishing feature.

Taking cash against the card means a cash advance APR of 18%. That is 3.26 points above the purchase rate. Cash advances also tend to fall outside any grace period, which means interest typically starts on day one rather than at the end of a billing cycle.

Balance transfers cost $5 or 5% of the amount transferred, whichever is greater up front and then accrue at 4.99%. Shifting $7,500 across attracts something like $375 in fees on day one.

The foreign transaction fee is zero — a minority position in this corpus, where roughly 22% of disclosing filings waive it.

When a payment is late

If the account defaults, the filing permits a rate of 18%. Among disclosing agreements here that ranks near the 19th percentile.

Measured in money, moving from 14.74% to 18% costs an extra $115 or so annually on $3,000 — a far larger number than any single late fee.

$40 is the disclosed ceiling on a late payment fee, placing it near the 72nd percentile of the set.

The no-interest path

Purchases carry a 25-day grace period: pay the statement in full inside it and the purchase rate never applies. That matches the 25-day median across the corpus almost exactly.

Against the rest of First Hawaiian Bank's filings

9 separate First Hawaiian Bank filings appear in the corpus. The issuer's own range is 14.74%–18%. At 14.74%, this agreement is dearer than 0 of its siblings.

7 of the issuer's other 8 disclosing filings are likewise fee-free.

What the filing does not tell you

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.

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

14.74% places this filing at the inexpensive end of the set, which is the headline here. The absence of an annual fee means the rate is the only thing that can make this card expensive.