Tabular Signature

The Tabular Signature 12 15 22 filing from Simmons Bank sets out a purchase APR of 16.5%–24.5%, no annual fee and a 12-month 0% opening period. That purchase rate ranks near the 59th percentile across this corpus of 4,587 filings.

What the agreement puts on the record

Simmons Bank submitted the terms for Tabular Signature 12 15 22 to the CFPB's agreement database; this is what they contain. It is issued on the Visa network and the filing runs four pages.

Terms captured from the document include a purchase rate, a cash advance rate, a balance transfer rate, an annual fee line and a late payment maximum. It is silent on a penalty rate and a grace period.

The promotional period

This agreement opens at 0% for 12 months, the only period in the document where carrying a balance is free.

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.

The go-to rate is 24.5%. Any balance still outstanding when the promotion lapses starts accruing at that figure — about $555 a year on $2,000.

The promotional window is therefore worth something on the order of $555 on $2,000, measured against the same balance priced at the standard rate for the same period.

The purchase rate in context

The purchase APR is quoted as a range of 16.5% to 24.5%. That 8-point spread is the whole of what the filing commits to; the method for assigning a rate inside it is not in the document.

Read against the index, the low end ranks around the 41st percentile and the high end around the 59th — the band straddles a wide stretch of the market this corpus describes.

The agreement labels the purchase rate variable, so the quoted figure reflects the index at the time of filing rather than a locked-in price.

The cost of carrying a balance

At the disclosed purchase APR, $2,000 revolving for a full year costs something like $555 in interest.

On a median-priced agreement from this index (21.99%) the same $2,000 would run about $492 a year, so this card costs in the region of $63 more annually for the identical balance.

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

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.

Cash advances carry a cash advance fee of $4 or 3% of the advance, whichever is greater and a cash advance APR of 20.5%. $133 is the crossover point where the percentage overtakes the $4 minimum. Cash advances also tend to fall outside any grace period, which means interest typically starts on day one rather than at the end of a billing cycle.

The filing discloses a 16.5% balance transfer rate without an accompanying fee figure.

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

The downside terms

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

Inside Simmons Bank's filed lineup

Simmons Bank has 124 agreements indexed on this site. Across that lineup purchase rates span 18.25% to 28.24%; this filing's 24.5% sits above 55 of the comparable ones.

114 of the issuer's other 118 disclosing filings are likewise fee-free.

The limits of this document

This page cannot tell you a grace period and penalty pricing, 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.

Where the authority sits

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

In short

24.5% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern.