Card Disclosure

TIB, National Association's filed agreement for Card Disclosure 174 discloses a 10.24% purchase APR, no annual fee, a 2.9% introductory rate and a 21% penalty rate. Against the 4,587 filings on this site, that rate lands around the 6th percentile.

On the face of the filing

TIB, National Association submitted the terms for Card Disclosure 174 to the CFPB's agreement database; this is what they contain. The filing runs four pages.

Terms captured from the document include a purchase rate, a balance transfer rate, a penalty rate, an annual fee line and a late payment maximum. No figure appears for a cash advance rate and a foreign transaction fee.

The promotional period

The introductory rate is 2.9%, held for six months. It is a discount rather than a holiday — interest still accrues, just more slowly than the go-to rate.

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: 10.24%. A $3,000 balance that survives the promotional window costs roughly $323 a year from that point on.

The purchase rate in context

Measured against every other filing on the site, 10.24% is about the 6th percentile for purchase APR; it reads as inexpensive against the rest of the filings.

The agreement labels the purchase rate variable, so the quoted figure reflects the index at the time of filing rather than a locked-in price.

The rate discussed in this section is the go-to rate — the one that applies once the promotional period described below has ended, not the promotional rate itself.

The cost of carrying a balance

Put $1,200 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $129.

Priced at the median of 21.99%, that balance would generate about $295 in a year — so this agreement comes in around $166 cheaper for the same debt.

Broken down to a single thirty-day cycle, the same balance accrues roughly $10.14.

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.

What the card costs before you borrow

There is no annual fee. That is the common case in this corpus — about 75% of the filings that disclose an annual fee at all disclose it as $0 — so it is a baseline expectation rather than a distinguishing feature.

Transferred balances are priced at 10.24%; no separate transfer fee was captured from the filing.

When a payment is late

The agreement discloses penalty pricing of 21% — about the 29th percentile of the 794 penalty rates recorded across this index.

Measured in money, moving from 10.24% to 21% costs an extra $252 or so annually on $2,000 — a far larger number than any single late fee.

$25 is the disclosed ceiling on a late payment fee, placing it near the 32nd percentile of the set.

Grace period and minimum charge

25 days is the disclosed grace period for purchases — the interval in which paying in full costs nothing. That matches the 25-day median across the corpus almost exactly.

The issuer's other agreements

This is one of 52 TIB, National Association agreements collected here. Their disclosed purchase rates run from 9.25% to 17.49%, and this one at 10.24% is more expensive than 3 of them.

10 of the issuer's other 45 disclosing filings are likewise fee-free.

What you cannot learn from the filing

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

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

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

In short

The purchase rate of 10.24% is one of the cheaper figures in this index — the central point in the agreement's favour. With no annual fee, the cost of the account is entirely a function of whether a balance is carried.