AGMNT 257214 Disclosure MC PUNTOS ENG

Oriental Bank's filed agreement for AGMNT 257214 Disclosure MC PUNTOS ENG discloses a purchase APR of 14.95%–24.95%, a $25 annual fee and a 1.99% introductory rate. That purchase rate ranks near the 60th percentile across this corpus of 4,587 filings.

What the agreement puts on the record

AGMNT 257214 Disclosure MC PUNTOS ENG is one of the agreements Oriental Bank has on file with the CFPB. It is issued on the Mastercard network and the filing runs one page.

The filing is explicit about a purchase rate, a cash advance rate, a balance transfer rate, an annual fee line and a late payment maximum. It is silent on a penalty rate.

Introductory pricing

For the first six months the filing sets a reduced rate of 1.99%. Balances still cost something during that window.

Among the 763 filings here that disclose an introductory rate, 1.99% sits at about the 66th percentile.

What matters more than the promotion is the rate waiting behind it: 24.95%. A $5,000 balance that survives the promotional window costs roughly $1,416 a year from that point on.

Where the purchase APR sits

Purchases price between 14.95% and 24.95% under this filing. The 10-point gap between the two is material, and nothing in the agreement indicates where a given account would land.

Those two numbers occupy very different places in the corpus: roughly the 33rd percentile at the bottom and the 60th at the top.

Because the rate is variable, the figure quoted is tied to an index and will drift with it. Nothing here is a fixed commitment.

This figure is the post-promotional rate. The introductory pricing is handled separately further down.

What the rate means in dollars

Put $4,000 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $1,133.

The median purchase rate across the corpus is 21.99%; the same balance there would cost about $983. The gap — roughly $150 a year on $4,000 — is the price of this particular filing over a typical one.

Month to month it reads as about $82.85 per cycle on that balance.

Treat this as an illustration of what the disclosed rate does, not as a projection of a real account, which would be shaped by payments and by the fees described elsewhere in the filing.

The fee structure

The annual fee is $25, charged whether or not the card is used. Against the filings here that disclose a fee, that sits at roughly the 78th percentile.

Cash advances carry a cash advance APR of 29.99%. That is 5.04 points above the purchase rate.

The filing discloses a 14.95% balance transfer rate without an accompanying fee figure.

Foreign transactions attract 1%. On $1,500 of overseas spending that is $15, charged on top of whatever exchange rate applies.

What a missed payment costs

Late payments are capped at $35 under this filing, about the 54th percentile of late fee maximums in the corpus.

Paying in full

Anyone clearing the statement balance inside 21 days pays no purchase interest at all under this filing. With a corpus median of 25 days, this window is narrower than the norm.

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

The issuer's other agreements

13 separate Oriental Bank filings appear in the corpus. Their disclosed purchase rates run from 19.95% to 23.95%, and this one at 24.95% is more expensive than 3 of them.

Among the issuer's other filings that disclose a fee, 3 of 3 come in below this card's $25.

The limits of this document

This page cannot tell you penalty pricing, because the filing's disclosure table as read does not contain it.

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

Everything here is a reading of the filed agreement, one page 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 — 24.95% on purchases is near enough to typical. Note that the $25 annual fee falls due whether the card is used or not.