Raymour and Flanigan Account Summary Table and Cardholder Agreement

The Raymour and Flanigan Account Summary Table and Cardholder Agreement filing from TD Bank sets out 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 agreement puts on the record

TD Bank submitted the terms for Raymour and Flanigan Account Summary Table and Cardholder Agreement to the CFPB's agreement database; this is what they contain. The filing runs four pages.

The filing is explicit about a purchase rate, an annual fee line and a grace period. No figure appears for a cash advance rate, a balance transfer rate and a penalty rate.

Parsing confidence here is medium, so treat the figures as indicative of the filing rather than a substitute for it.

Pricing the purchase rate

At 29.99%, the purchase APR falls at roughly the 74th percentile of the 2,280 filings indexed here, which sits in the more expensive half.

What a balance actually costs

The purchase rate turns a $4,000 revolving balance into roughly $1,398 of annual interest.

On a median-priced agreement from this index (21.99%) the same $4,000 would run about $983 a year, so this card costs in the region of $415 more annually for the identical balance.

Broken down to a single thirty-day cycle, the same balance accrues roughly $99.78.

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.

The grace period

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.

The fee structure

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.

The issuer's other agreements

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.

On fees, 34 of the 36 sibling filings that disclose an annual fee also set it at zero — this one is among them.

The limits of this document

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

An agreement filing is not a marketing document. Rewards, perks, welcome offers and eligibility rules are not in it, are not in this dataset, and are therefore not discussed anywhere on this page.

Where the authority sits

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

29.99% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern. All of this rests on figures read from the filing with less than full confidence, which is reason enough to check the document before relying on any of it.