Card Disclosure

Card Disclosure 173, as filed by TIB, National Association, carries a 15.24% purchase APR, no annual fee, a 2.9% introductory rate and a 21% penalty rate. The purchase rate sits at roughly the 15th percentile of the 4,587 agreements indexed here.

The disclosed terms

Card Disclosure 173 is one of the agreements TIB, National Association has on file with the CFPB. The filing runs four pages.

The filing is explicit about a purchase rate, a balance transfer rate, a penalty rate, an annual fee line and a late payment maximum. A cash advance rate and a foreign transaction fee are not stated.

The promotional period

For the first six months the filing sets a reduced rate of 2.9%. Balances still cost something during that window.

Among the 763 filings here that disclose an introductory rate, 2.9% sits at about the 73rd percentile.

What matters more than the promotion is the rate waiting behind it: 15.24%. A $1,000 balance that survives the promotional window costs roughly $165 a year from that point on.

Where the purchase APR sits

Measured against every other filing on the site, 15.24% is about the 15th percentile for purchase APR; it falls in the low band of the corpus.

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.

This figure is the post-promotional rate. The introductory pricing is handled separately further down.

What the rate means in dollars

At the disclosed purchase APR, $2,500 revolving for a full year costs something like $411 in interest.

Measured against the 21.99% corpus median, the same $2,500 costs approximately $203 less per year here.

Broken down to a single thirty-day cycle, the same balance accrues roughly $31.51.

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.

Where the fees are

The annual fee is $0. Roughly 75% of filings here that state a fee state zero, so the absence of one is unremarkable in this market.

The filing discloses a 15.24% balance transfer rate without an accompanying fee figure.

What a missed payment costs

A penalty APR of 21% sits in this filing, applied when the account falls into default as the agreement defines it. Against the 794 filings here that disclose one, that is roughly the 29th percentile.

Measured in money, moving from 15.24% to 21% costs an extra $69 or so annually on $1,000 — a far larger number than any single late fee.

On the fee side, a late payment can cost up to $25, which is around the 32nd percentile here.

The no-interest path

The filing gives 25 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest.

Against the rest of TIB, National Association's filings

TIB, National Association has 52 agreements indexed on this site. Across that lineup purchase rates span 9.25% to 17.49%; this filing's 15.24% sits above 21 of the comparable ones.

On fees, 10 of the 45 sibling filings that disclose an annual fee also set it at zero — this one is among them.

The limits of this document

The disclosure parsed here does not state anything about cash advances and a foreign transaction fee. 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.

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.

The document itself

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

The purchase rate of 15.24% is one of the cheaper figures in this index — the central point in the agreement's favour.