Card Disclosure

Card Disclosure 189, as filed by TIB, National Association, carries a $35 annual fee and a 9.9% introductory rate.

The disclosed terms

TIB, National Association filed this agreement for Card Disclosure 189 with the Consumer Financial Protection Bureau. The filing runs four pages.

Terms captured from the document include a cash advance rate, an annual fee line, a late payment maximum and a grace period. No figure appears for a purchase 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.

The promotional period

A promotional rate of 9.9% applies for nine months under this agreement — lower than the standard rate, but not free.

Among the 763 filings here that disclose an introductory rate, 9.9% sits at about the 92nd percentile.

Crucially, the go-to rate is absent from what could be read out of this filing. A promotional rate without the rate that follows it is only half the pricing, and the PDF is the only source for the other half.

The grace period

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

When a payment is late

The maximum late fee is $25 — roughly the 32nd percentile of the late fee ceilings disclosed across this index.

The fee structure

Holding the card costs $35 a year before any transaction takes place — about the 82nd percentile among agreements in this index that state a fee.

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

Taking cash against the card means a cash advance APR of 19.9%. Cash advances also tend to fall outside any grace period, which means interest typically starts on day one rather than at the end of a billing cycle.

Transfers are charged $10 or 3% of the amount transferred, whichever is greater, though no distinct transfer APR appears in the document. Transferring $1,000 would cost roughly $30 at the door.

Inside TIB, National Association's filed lineup

This is one of 52 TIB, National Association agreements collected here. Their disclosed purchase rates run from 9.25% to 17.49%, though this particular filing does not state one in comparable form.

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

This page cannot tell you a purchase rate, a foreign transaction fee and penalty pricing, 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.

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 $35 annual fee is charged regardless of use, so it is a cost that applies even to an account that never revolves. 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.