Tabular Foundation

Tabular Foundation 11 2 23, as filed by Simmons Bank, carries a 28.24% purchase APR and no annual fee. That purchase rate ranks near the 68th percentile across this corpus of 4,587 filings.

The disclosed terms

This page covers the agreement Simmons Bank filed for Tabular Foundation 11 2 23. The filing runs one page, and It is issued on the Visa network.

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. No figure appears for a penalty rate.

How the purchase rate compares

Ranked against the corpus, this purchase APR — 28.24% — sits at approximately the 68th percentile and runs above the midpoint of the corpus.

The filing marks this rate as variable, which means it moves with the index the agreement names rather than staying where it is quoted today.

What a balance actually costs

Carry $4,000 on this card for a year without paying it down and the purchase rate alone generates roughly $1,305 in interest.

The median purchase rate across the corpus is 21.99%; the same balance there would cost about $983. The gap — roughly $321 a year on $4,000 — is the price of this particular filing over a typical one.

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 downside terms

Late payments are capped at $39 under this filing, about the 63rd percentile of late fee maximums in the corpus.

Where the fees are

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.

Taking cash against the card means a cash advance fee of $4 or 3% of the advance, whichever is greater and a cash advance APR of 29.24%. Cash is therefore 1 points dearer than buying something with the card.

Balance transfers cost a flat $0 up front and then accrue at 28.24%.

Spending abroad costs an extra 2% — about $30 on $1,500 of purchases, independent of interest.

The grace period

Anyone clearing the statement balance inside 25 days pays no purchase interest at all under this filing. That matches the 25-day median across the corpus almost exactly.

How it sits in the issuer's own range

This is one of 124 Simmons Bank agreements collected here. The issuer's own range is 18.25%–28.24%. At 28.24%, this agreement is dearer than 112 of its siblings.

On fees, 114 of the 118 sibling filings that disclose an annual fee also set it at zero — this one is among them.

What you cannot learn from the filing

Absent from the captured terms: penalty pricing. The original document is the place to look for any of these.

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.

Where the authority sits

The original filing, 1 page long, is linked on this page and should be read before any figure here is acted on. It is also a snapshot: issuers refile as terms change.

In short

28.24% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern.