My Home Renovators Credit Card Agreement and Pricing Addendum

My Home Renovators Credit Card Agreement and Pricing Addendum, as filed by Synchrony Financial, carries a 26.99% purchase APR. That purchase rate ranks near the 65th percentile across this corpus of 4,587 filings.

What the agreement puts on the record

Synchrony Financial submitted the terms for My Home Renovators Credit Card Agreement and Pricing Addendum to the CFPB's agreement database; this is what they contain. The filing runs five pages.

The disclosure covers a purchase rate, a late payment maximum and a grace period. A cash advance rate, a balance transfer rate and a penalty rate are not stated.

These figures carry medium extraction confidence — they are reproduced as read from the filing, which remains the authority.

How the purchase rate compares

The purchase APR of 26.99% places this agreement around the 65th percentile of the set — it is dearer than the typical filing.

Translating the rate into money

Put $2,000 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $619.

A card priced at the corpus median of 21.99% would charge roughly $492 on that balance. This one charges about $128 more per year.

Per statement cycle that is on the order of $44.85 on $2,000, which is the number that actually shows up on a bill.

There is also a floor: the filing sets a minimum interest charge of $2, so any cycle that accrues less than that is billed at $2 anyway.

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 $41 under this filing, about the 89th percentile of late fee maximums in the corpus.

Paying in full

The filing gives 23 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest. With a corpus median of 25 days, this window is narrower than the norm.

The $2 minimum interest charge means the effective cost of carrying a very small balance is far higher than the quoted APR implies.

What you cannot learn from the filing

Absent from the captured terms: anything about cash advances, balance transfer terms, an annual fee and a foreign transaction fee. The original document is the place to look for any of these.

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.

Against the rest of Synchrony Financial's filings

This is one of 212 Synchrony Financial agreements collected here. Their disclosed purchase rates run from 0% to 34.99%, and this one at 26.99% is more expensive than 18 of them.

The document itself

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

In short

26.99% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern. Extraction confidence here is not high, so the conclusions above are provisional on the PDF agreeing with them.