northwest cashback visa signature agreement 4

On the record for northwest cashback visa signature agreement 4 24: a purchase APR of 19.99%–35%, no annual fee, a three-month 0% opening period and a 35% penalty rate, filed by Northwest Bank. Against the 4,587 filings on this site, that rate lands around the 87th percentile.

The disclosed terms

northwest cashback visa signature agreement 4 24 is one of the agreements Northwest Bank has on file with the CFPB. The filing runs 12 pages, and It is issued on the Visa network.

Terms captured from the document include a purchase rate, a cash advance rate, a balance transfer rate, a penalty rate and an annual fee line. It is silent on a foreign transaction fee.

What the promotional rate is worth

A three-month promotional period at 0% is on the record here — during it, qualifying balances cost nothing to carry.

Roughly 458 of the 4,587 filings indexed here disclose a zero-percent introductory rate, so this is a real feature of the document but not a rare one.

Once the introductory period ends the rate becomes 35%, which turns a lingering $1,000 balance into approximately $419 of annual interest.

Put the other way round, the three-month zero rate is worth roughly $105 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.

The purchase rate in context

Rather than a single purchase rate, the document gives a band — 19.99% at the bottom, 35% at the top, 15.01 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 61st percentile and the high end around the 87th — the band straddles a wide stretch of the market this corpus describes.

This is disclosed as a variable rate. The number above is a snapshot: it tracks an index, so it changes without the agreement being amended.

The arithmetic of revolving

At the disclosed purchase APR, $4,000 revolving for a full year costs something like $1,675 in interest.

Against the corpus median of 21.99%, that is approximately $692 a year of extra interest on the same $4,000.

Broken down to a single thirty-day cycle, the same balance accrues roughly $116.68.

Note the $1.50 minimum interest charge, which overrides the arithmetic above whenever the calculated interest falls below it.

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

What the card costs before you borrow

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.

Cash advances carry a cash advance fee of 1% and a cash advance APR of 24.99%. The grace period described below generally does not extend to cash advances, so interest on them usually begins immediately.

Balance transfers cost $10 or 3% of the amount transferred, whichever is greater up front and then accrue at 16.49%. Transferring $5,000 would cost roughly $150 at the door.

Penalty pricing and late fees

If the account defaults, the filing permits a rate of 35%. Among disclosing agreements here that ranks near the 70th percentile.

Late payments are capped at $41 under this filing, about the 89th percentile of late fee maximums in the corpus.

Grace period and minimum charge

Anyone clearing the statement balance inside 25 days pays no purchase interest at all under this filing.

A minimum interest charge of $1.50 applies in any cycle where interest is due, which makes very small revolving balances disproportionately expensive.

How it sits in the issuer's own range

There are 3 filings from Northwest Bank in this index. Their disclosed purchase rates run from 17.74% to 21.99%, and this one at 35% is more expensive than 2 of them.

The limits of this document

This page cannot tell you a foreign transaction fee, because the filing's disclosure table as read does not contain it.

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.

The document itself

The filed PDF is linked from this page and runs 12 pages. It is the authority for every figure summarised above; where this page and the document disagree, the document is right.

In short

The defining fact about this filing is the purchase rate: at 35% it is in the expensive band of this corpus, and that cost only materialises for someone who revolves a balance. The absence of an annual fee means the rate is the only thing that can make this card expensive.