FNB Prime M 141592 online coversheet

The FNB Prime M 141592 online coversheet filing from First National Bank sets out a 18.4% purchase APR and no annual fee. That purchase rate ranks near the 39th percentile across this corpus of 4,587 filings.

What the document actually states

The document behind this page is First National Bank's filed agreement for FNB Prime M 141592 online coversheet. The filing runs six pages.

The disclosure covers a purchase rate, a cash advance rate, an annual fee line, a late payment maximum and a foreign transaction fee. It is silent on a balance transfer rate and a penalty rate.

Pricing the purchase rate

18.4% puts the purchase APR near the 39th percentile across 2,280 agreements, so it sits below the middle of the distribution.

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

At the disclosed purchase APR, $5,000 revolving for a full year costs something like $1,010 in interest.

Priced at the median of 21.99%, that balance would generate about $1,229 in a year — so this agreement comes in around $220 cheaper for the same debt.

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.

Fees, and what triggers them

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.

Taking cash against the card means a cash advance APR of 27.4%. That is 9 points above the purchase rate. The grace period described below generally does not extend to cash advances, so interest on them usually begins immediately.

Spending abroad costs an extra 2% — about $40 on $2,000 of purchases, independent of interest.

Penalty pricing and late fees

On the fee side, a late payment can cost up to $25, which is around the 32nd percentile here.

Paying in full

The filing gives 25 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest. That matches the 25-day median across the corpus almost exactly.

The $1 minimum interest charge means the effective cost of carrying a very small balance is far higher than the quoted APR implies.

The limits of this document

This page cannot tell you balance transfer terms and penalty pricing, because the filing's disclosure table as read does not contain them.

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.

Inside First National Bank's filed lineup

10 separate First National Bank filings appear in the corpus. Their disclosed purchase rates run from 18.4% to 29.9%, and this one at 18.4% is more expensive than 0 of them.

1 of the issuer's other 9 disclosing filings are likewise fee-free.

The document itself

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

The pricing here is middling by the standards of the index — 18.4% on purchases is near enough to typical. With no annual fee, the cost of the account is entirely a function of whether a balance is carried.