Tabular Red Rewards Visa

Tabular Red Rewards Visa 9 19 24, as filed by Simmons Bank, carries a purchase APR of 17%–25%, no annual fee and a 12-month 0% opening period. Against the 4,587 filings on this site, that rate lands around the 61st percentile.

What this filing discloses

Simmons Bank filed this agreement for Tabular Red Rewards Visa 9 19 24 with the Consumer Financial Protection Bureau. It is issued on the Visa network and the filing runs four pages.

On the record here: 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.

What the promotional rate is worth

A 12-month promotional period at 0% is on the record here — during it, qualifying balances cost nothing to carry.

Zero-percent openings appear in roughly 458 of the filings on this site, which puts this agreement in a sizeable minority rather than a class of its own.

Once the introductory period ends the rate becomes 25%, which turns a lingering $1,000 balance into approximately $284 of annual interest.

Valued honestly, 12 months at zero on $1,000 avoids about $284 of interest compared with the go-to rate — the whole of what the promotion delivers.

Where the purchase APR sits

Purchases price between 17% and 25% under this filing. The 8-point gap between the two is material, and nothing in the agreement indicates where a given account would land.

Read against the index, the low end ranks around the 45th percentile and the high end around the 61st — the band straddles a wide stretch of the market this corpus describes.

This is disclosed as a variable rate. The number above is a snapshot: it tracks an index, so it changes without the agreement being amended.

The cost of carrying a balance

Put $1,200 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $341.

On a median-priced agreement from this index (21.99%) the same $1,200 would run about $295 a year, so this card costs in the region of $46 more annually for the identical balance.

Broken down to a single thirty-day cycle, the same balance accrues roughly $24.90.

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.

Charges beyond interest

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.

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 21%. The two halves of that fee cross at about $133: below it the flat $4 applies, above it the percentage does. The grace period described below generally does not extend to cash advances, so interest on them usually begins immediately.

The filing discloses a 17% balance transfer rate without an accompanying fee figure.

Spending abroad costs an extra 2% — about $60 on $3,000 of purchases, independent of interest.

The no-interest path

Purchases carry a 25-day grace period: pay the statement in full inside it and the purchase rate never applies. That matches the 25-day median across the corpus almost exactly.

Default pricing

On the fee side, a late payment can cost up to $39, which is around the 63rd percentile here.

Inside Simmons Bank's filed lineup

This is one of 124 Simmons Bank agreements collected here. The issuer's own range is 18.25%–28.24%. At 25%, this agreement is dearer than 73 of its siblings.

What you cannot learn from the filing

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.

Reading the agreement yourself

The filed PDF is linked from this page and runs four pages. It is the authority for every figure summarised above; where this page and the document disagree, the document is right.

In short

The pricing here is middling by the standards of the index — 25% on purchases is near enough to typical. With no annual fee, the cost of the account is entirely a function of whether a balance is carried.