Cardmember Agreement Rates and Fees Table

The Cardmember Agreement Rates and Fees Table filing from JPMORGAN Chase Bank sets out no annual fee, a 18.24% introductory rate and a 29.99% penalty rate.

The disclosed terms

Cardmember Agreement Rates and Fees Table is one of the agreements JPMORGAN Chase Bank has on file with the CFPB. The filing runs 22 pages.

Terms captured from the document include a cash advance rate, a balance transfer rate, a penalty rate, an annual fee line and a late payment maximum. No figure appears for a purchase rate and a grace period.

The disclosure table in this document parsed only moderately cleanly; the numbers are reported as read, with that caveat attached.

What the promotional rate is worth

The filing discloses an introductory rate of 18.24% but no term for it.

Among the 763 filings here that disclose an introductory rate, 18.24% sits at about the 97th percentile.

The grace period

The filing sets the minimum interest charge at zero — small balances are not rounded up to a floor.

When a payment is late

If the account defaults, the filing permits a rate of 29.99%. Among disclosing agreements here that ranks near the 61st percentile.

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

The fee structure

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 5% of the advance, whichever is greater and a cash advance APR of 28.49%. $200 is the crossover point where the percentage overtakes the $10 minimum.

The transfer fee is $5 or 5% of the amount transferred, whichever is greater; transferred balances then run at 18.24%. On $5,000 that fee is about $250 before any interest is charged.

Spending abroad costs an extra 3% — about $45 on $1,500 of purchases, independent of interest.

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

Inside JPMORGAN Chase Bank's filed lineup

JPMORGAN Chase Bank has 26 agreements indexed on this site.

On fees, 7 of the 23 sibling filings that disclose an annual fee also set it at zero — this one is among them.

The limits of this document

Absent from the captured terms: a purchase rate and a grace period. The original document is the place to look for any of these.

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.

Where the authority sits

Everything here is a reading of the filed agreement, 22 pages of it, which is linked above and which governs. Terms also change between filings, so the date on the document matters.

In short

All of this rests on figures read from the filing with less than full confidence, which is reason enough to check the document before relying on any of it.