Card Disclosure

Card Disclosure 180, as filed by TIB, National Association, carries a 9.25% purchase APR, a $35 annual fee and a 21% penalty rate. That purchase rate ranks near the 4th percentile across this corpus of 4,587 filings.

The disclosed terms

This page covers the agreement TIB, National Association filed for Card Disclosure 180. The filing runs four pages.

Terms captured from the document include a purchase rate, a cash advance rate, a penalty rate, an annual fee line and a late payment maximum. It is silent on a balance transfer rate and a foreign transaction fee.

Pricing the purchase rate

The purchase APR of 9.25% places this agreement around the 4th percentile of the set — it sits in the bottom few percent of everything filed.

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.

The arithmetic of revolving

At the disclosed purchase APR, $2,000 revolving for a full year costs something like $194 in interest.

The corpus median purchase rate is 21.99%, which on the same $2,000 would cost about $492 a year. This filing saves roughly $298 annually against that benchmark.

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.

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. That matches the 25-day median across the corpus almost exactly.

Default pricing

If the account defaults, the filing permits a rate of 21%. Among disclosing agreements here that ranks near the 29th percentile.

A default therefore reprices the debt by 11.75 points: about $137 a year more on $1,000, for as long as the penalty rate stands.

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

The fee structure

$35 a year is the disclosed annual fee, which ranks near the 82nd percentile of the fees filed across this corpus.

For scale, $35 is approximately what $378 of revolving balance would cost in interest over twelve months at this card's 9.25% rate.

Cash advances carry a cash advance APR of 11.25%. The premium over purchases is 2 percentage points.

How it sits in the issuer's own range

This is one of 52 TIB, National Association agreements collected here. The issuer's own range is 9.25%–17.49%. At 9.25%, this agreement is dearer than 0 of its siblings.

Among the issuer's other filings that disclose a fee, 11 of 45 come in below this card's $35.

What you cannot learn from the filing

Absent from the captured terms: balance transfer terms 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.

Go to the source

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

At 9.25% the purchase rate is low relative to this corpus, which is the clearest thing the filing has going for it on cost. The $35 annual fee is charged regardless of use, so it is a cost that applies even to an account that never revolves.