Spend Wise Credit Card Agreement and Pricing Addendum

Spend Wise Credit Card Agreement and Pricing Addendum, as filed by PNC Bank, carries no annual fee and a 12.74% penalty rate.

The disclosed terms

The document behind this page is PNC Bank's filed agreement for Spend Wise Credit Card Agreement and Pricing Addendum. The filing runs nine pages.

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

These figures carry medium extraction confidence — they are reproduced as read from the filing, which remains the authority.

When a payment is late

The agreement discloses penalty pricing of 12.74% — about the 3rd percentile of the 794 penalty rates recorded across this index.

The maximum late fee is $38 — roughly the 60th percentile of the late fee ceilings disclosed across this index.

Where the fees are

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.

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.

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.

Where interest applies at all, the filing bills at least $1.50. On a tiny balance that floor can dwarf the rate itself.

Against the rest of PNC Bank's filings

There are 7 filings from PNC Bank in this index.

5 of the issuer's other 6 disclosing filings are likewise fee-free.

What is outside the disclosure

The disclosure parsed here does not state a purchase rate, anything about cash advances and balance transfer terms. Those gaps are gaps in what could be read from the filing, and the PDF may well address them in prose the rate table does not capture.

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

This summary stands or falls on the linked PDF — nine pages. Agreements are amended over time, and the filing reflects the terms as submitted rather than as they stand today.

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.