Retail Charge Agreement CA26 R

Retail Charge Agreement CA26 R, as filed by Preferred Credit, carries a 21.99% purchase APR. Against the 4,587 filings on this site, that rate lands around the 49th percentile.

What the document actually states

Preferred Credit filed this agreement for Retail Charge Agreement CA26 R with the Consumer Financial Protection Bureau. The filing runs five pages.

On the record here: a purchase rate, a late payment maximum and a grace period. A cash advance rate, a balance transfer rate and a penalty rate are not stated.

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

Pricing the purchase rate

Ranked against the corpus, this purchase APR — 21.99% — sits at approximately the 49th percentile and is about typical for the filings collected here.

The arithmetic of revolving

A $5,000 balance left untouched for twelve months accrues about $1,229 in interest at this purchase rate.

The corpus median of 21.99% produces practically the same bill, so on carrying cost this card is unremarkable.

Month to month it reads as about $91.16 per cycle on that balance.

Small balances do not get a proportionally small bill — the agreement imposes a $0.50 minimum interest charge in any month where interest applies.

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

Penalty pricing and late fees

On the fee side, a late payment can cost up to $15, which is around the 11th percentile here.

The grace period

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

A minimum interest charge of $0.50 applies in any cycle where interest is due, which makes very small revolving balances disproportionately expensive.

Against the rest of Preferred Credit's filings

This is one of 124 Preferred Credit agreements collected here. Across that lineup purchase rates span 17.99% to 21.99%; this filing's 21.99% sits above 84 of the comparable ones.

What is outside the disclosure

This page cannot tell you anything about cash advances, balance transfer terms, an annual fee 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.

The document itself

Everything here is a reading of the filed agreement, five pages 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 — 21.99% on purchases is near enough to typical. Given the parsing confidence on this filing, read the agreement itself before treating any of these figures as settled.