Non L&g TILA Cap87595

TD Bank's filed agreement for Non L&g Tila Cap87595 0922 discloses a 29.99% purchase APR and no annual fee. The purchase rate sits at roughly the 74th percentile of the 4,587 agreements indexed here.

What the document actually states

What follows is drawn entirely from TD Bank's CFPB filing for Non L&g Tila Cap87595 0922. The filing runs four pages.

On the record here: a purchase rate, an annual fee line and a grace period. It is silent on a cash advance rate, a balance transfer rate and a penalty rate.

The disclosure table in this document parsed only moderately cleanly; the numbers are reported as read, with that caveat attached.

The purchase rate in context

Ranked against the corpus, this purchase APR — 29.99% — sits at approximately the 74th percentile and sits in the more expensive half.

What a balance actually costs

A $1,000 balance left untouched for twelve months accrues about $350 in interest at this purchase rate.

Against the corpus median of 21.99%, that is approximately $104 a year of extra interest on the same $1,000.

Per statement cycle that is on the order of $24.95 on $1,000, which is the number that actually shows up on a bill.

That maths assumes a static balance and nothing else — no payments, no additional purchases, no fees folded in.

What the card costs before you borrow

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.

Grace period and minimum charge

25 days is the disclosed grace period for purchases — the interval in which paying in full costs nothing.

Against the rest of TD Bank's filings

TD Bank has 39 agreements indexed on this site. The issuer's own range is 16.74%–29.99%. At 29.99%, this agreement is dearer than 6 of its siblings.

34 of the issuer's other 36 disclosing filings are likewise fee-free.

What you cannot learn from the filing

The disclosure parsed here does not state anything about cash advances, balance transfer terms, a foreign transaction fee and penalty pricing. Those gaps are gaps in what could be read from the filing, and the PDF may well address them in prose the rate table does not capture.

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.

Go to the source

Everything here is a reading of the filed agreement, four pages of it, which is linked above and which governs. Terms also change between filings, so the date on the document matters.

In short

29.99% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern. With no annual fee, the cost of the account is entirely a function of whether a balance is carried. Given the parsing confidence on this filing, read the agreement itself before treating any of these figures as settled.