Tabular Signature

The Tabular Signature 6 18 25 filing from Simmons Bank sets out a purchase APR of 16.5%–24.5%, no annual fee and a 12-month 0% opening period. Against the 4,587 filings on this site, that rate lands around the 59th percentile.

What the document actually states

Simmons Bank submitted the terms for Tabular Signature 6 18 25 to the CFPB's agreement database; this is what they contain. It is issued on the Visa network and the filing runs four pages.

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. It is silent on a penalty rate.

Zero percent, and then what

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.

What matters more than the promotion is the rate waiting behind it: 24.5%. A $2,500 balance that survives the promotional window costs roughly $694 a year from that point on.

Put the other way round, the 12-month zero rate is worth roughly $694 on a $2,500 balance relative to paying the go-to rate from day one — a real figure, but one that only materialises for someone who was going to carry that balance anyway.

Where the purchase APR sits

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.

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.

Translating the rate into money

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

Against the corpus median of 21.99%, that is approximately $63 a year of extra interest on the same $2,000.

Month to month it reads as about $40.67 per cycle on that balance.

These figures are arithmetic on the disclosed rate, not a quote: they assume the balance is never reduced, ignore any payments, and take no account of fees charged separately.

Paying in full

The filing gives 25 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest. That matches the 25-day median across the corpus almost exactly.

Penalty pricing and late fees

The maximum late fee is $39 — roughly the 63rd percentile of the late fee ceilings disclosed across this index.

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 20.5%. $133 is the crossover point where the percentage overtakes the $4 minimum. The grace period described below generally does not extend to cash advances, so interest on them usually begins immediately.

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

Foreign transactions attract 2%. On $3,000 of overseas spending that is $60, charged on top of whatever exchange rate applies.

The issuer's other agreements

There are 124 filings from Simmons Bank in this index. Their disclosed purchase rates run from 18.25% to 28.24%, and this one at 24.5% is more expensive than 55 of them.

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

What is outside the disclosure

This page cannot tell you penalty pricing, because the filing's disclosure table as read does not contain it.

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

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 — 24.5% on purchases is near enough to typical. Because there is no annual fee, everything depends on the revolving behaviour: used as a payment instrument and cleared monthly, this agreement costs nothing.