Tabular Signature

Tabular Signature 6 16 22, as filed by Simmons Bank, carries a purchase APR of 13.75%–21.75%, no annual fee and a 12-month 0% opening period. That purchase rate ranks near the 47th percentile across this corpus of 4,587 filings.

The disclosed terms

The document behind this page is Simmons Bank's filed agreement for Tabular Signature 6 16 22. It is issued on the Visa network and the filing runs three pages.

The disclosure covers 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.

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.

About 458 agreements in this corpus carry a zero-percent opening rate; this is one of them.

Behind the promotion sits a 21.75% purchase rate. On $1,000 that is in the region of $243 a year once the window closes.

The promotional window is therefore worth something on the order of $243 on $1,000, measured against the same balance priced at the standard rate for the same period.

Where the purchase APR sits

This is a tiered agreement: the filing discloses a purchase APR anywhere from 13.75% to 21.75%, a spread of 8 percentage points. Which end of that band applies is set by the issuer at account opening and the filing does not say how.

Read against the index, the low end ranks around the 26th percentile and the high end around the 47th — the band straddles a wide stretch of the market this corpus describes.

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 the rate means in dollars

Carry $2,500 on this card for a year without paying it down and the purchase rate alone generates roughly $607 in interest.

The corpus median purchase rate is 21.99%, which on the same $2,500 would cost about $615 a year. This filing saves roughly $7 annually against that benchmark.

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.

Penalty pricing and late fees

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

Fees, and what triggers them

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.

For cash advances the filing discloses a cash advance fee of $4 or 3% of the advance, whichever is greater and a cash advance APR of 17.75%. The grace period described below generally does not extend to cash advances, so interest on them usually begins immediately.

Transferred balances are priced at 13.75%; no separate transfer fee was captured from the filing.

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

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 21.75%, this agreement is dearer than 14 of its siblings.

The limits of this document

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

It is worth being explicit about scope: these filings record terms and pricing. They say nothing about rewards programmes, cardholder benefits, promotional offers or who the issuer will approve, and this review does not speculate about any of it.

Where the authority sits

Everything here is a reading of the filed agreement, three 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 — 21.75% 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.