Card Disclosure

Card Disclosure 182, as filed by TIB, National Association, carries a 15.24% purchase APR, a $35 annual fee, a 5.9% introductory rate and a 21% penalty rate. The purchase rate sits at roughly the 15th percentile of the 4,587 agreements indexed here.

What this filing discloses

What follows is drawn entirely from TIB, National Association's CFPB filing for Card Disclosure 182. 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. It is silent on a cash advance rate and a foreign transaction fee.

The introductory rate

A promotional rate of 5.9% applies for six months under this agreement — lower than the standard rate, but not free.

Among the 763 filings here that disclose an introductory rate, 5.9% sits at about the 88th percentile.

Behind the promotion sits a 15.24% purchase rate. On $3,000 that is in the region of $494 a year once the window closes.

How the purchase rate compares

Measured against every other filing on the site, 15.24% is about the 15th percentile for purchase APR; it is comfortably below what most issuers filed.

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.

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

The cost of carrying a balance

Put $2,500 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $411.

A typical filing in this index would charge about $615 on that balance; this one is roughly $203 a year below it.

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

Where the fees are

The annual fee is $35, charged whether or not the card is used. Against the filings here that disclose a fee, that sits at roughly the 82nd percentile.

The filing states the fee is waived for the first year, so the $35 is a second-year cost rather than an immediate one.

Balance transfers cost $10 or 3% of the amount transferred, whichever is greater up front and then accrue at 15.24%. Transferring $3,000 would cost roughly $90 at the door.

Grace period and minimum charge

Purchases carry a 25-day grace period: pay the statement in full inside it and the purchase rate never applies. That matches the 25-day median across the corpus almost exactly.

Penalty pricing and late fees

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.

That is 5.76 points above the standard purchase rate. On a $1,000 balance, the shift from 15.24% to 21% adds something like $69 of interest over a year — the real cost of the default, quite apart from the fee itself.

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

The issuer's other agreements

There are 52 filings from TIB, National Association in this index. Across that lineup purchase rates span 9.25% to 17.49%; this filing's 15.24% sits above 21 of the comparable ones.

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

What is outside the disclosure

This page cannot tell you anything about cash advances and a foreign transaction fee, because the filing's disclosure table as read does not contain them.

It is worth being explicit about scope: these filings record terms and pricing. They say nothing about rewards programmes, cardholder benefits, promotional offers or who the issuer will approve, and this review does not speculate about any of it.

Reading the agreement yourself

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

15.24% places this filing at the inexpensive end of the set, which is the headline here. Note that the $35 annual fee falls due whether the card is used or not.