Agreement Cash Unlimited Credit Card

The Agreement Cash Unlimited Credit Card filing from PNC Bank sets out no annual fee and a 11.74% penalty rate.

What the document actually states

PNC Bank submitted the terms for Agreement Cash Unlimited Credit Card to the CFPB's agreement database; this is what they contain. The filing runs seven pages.

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

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

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.

Grace period and minimum charge

Purchases carry a 21-day grace period: pay the statement in full inside it and the purchase rate never applies. The typical filing here allows 25 days, so this one is tighter than most.

The $1.50 minimum interest charge means the effective cost of carrying a very small balance is far higher than the quoted APR implies.

The downside terms

If the account defaults, the filing permits a rate of 11.74%. Among disclosing agreements here that ranks near the 3rd percentile.

$38 is the disclosed ceiling on a late payment fee, placing it near the 60th percentile of the set.

The issuer's other agreements

There are 7 filings from PNC Bank in this index.

On fees, 5 of the 6 sibling filings that disclose an annual fee also set it at zero — this one is among them.

What you cannot learn from the filing

This page cannot tell you a purchase rate, anything about cash advances, balance transfer terms and a foreign transaction fee, 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.

Reading the agreement yourself

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

In short

Extraction confidence here is not high, so the conclusions above are provisional on the PDF agreeing with them.