Card Disclosure

Card Disclosure 191, as filed by TIB, National Association, carries a 16.99% purchase APR and a $35 annual fee. Against the 4,587 filings on this site, that rate lands around the 21st percentile.

What this filing discloses

This page covers the agreement TIB, National Association filed for Card Disclosure 191. The filing runs four pages.

On the record here: a purchase rate, a cash advance rate, an annual fee line, a late payment maximum and a grace period. It is silent on a balance transfer rate, a penalty rate and a foreign transaction fee.

How the purchase rate compares

Ranked against the corpus, this purchase APR — 16.99% — sits at approximately the 21st percentile and is on the cheaper side of the median.

The arithmetic of revolving

The purchase rate turns a $1,500 revolving balance into roughly $278 of annual interest.

Measured against the 21.99% corpus median, the same $1,500 costs approximately $91 less per year here.

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.

Charges beyond interest

$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 $206 of revolving balance would cost in interest over twelve months at this card's 16.99% rate.

Cash advances carry a cash advance APR of 16.99%. The grace period described below generally does not extend to cash advances, so interest on them usually begins immediately.

The downside terms

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

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.

Against the rest of TIB, National Association's filings

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 16.99% sits above 30 of the comparable ones.

Its $35 annual fee is higher than 11 of the 45 sibling filings that state one.

The limits of this document

Absent from the captured terms: balance transfer terms, a foreign transaction fee and penalty pricing. The original document is the place to look for any of these.

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

The original filing, 4 pages long, is linked on this page and should be read before any figure here is acted on. It is also a snapshot: issuers refile as terms change.

In short

The pricing here is middling by the standards of the index — 16.99% on purchases is near enough to typical. Note that the $35 annual fee falls due whether the card is used or not.