Card Disclosure

Card Disclosure 191, as filed by TIB, National Association, carries a 16.99% purchase APR and a $35 annual fee. That purchase rate ranks near the 21st percentile across this corpus of 4,587 filings.

What this filing discloses

TIB, National Association submitted the terms for Card Disclosure 191 to the CFPB's agreement database; this is what they contain. The filing runs four pages.

The filing is explicit about a purchase rate, a cash advance rate, an annual fee line, a late payment maximum and a grace period. No figure appears for a balance transfer rate, a penalty rate and a foreign transaction fee.

Where the purchase APR sits

The purchase APR of 16.99% places this agreement around the 21st percentile of the set — it comes in under the midpoint of the corpus.

The cost of carrying a balance

The purchase rate turns a $3,000 revolving balance into roughly $555 of annual interest.

The corpus median purchase rate is 21.99%, which on the same $3,000 would cost about $738 a year. This filing saves roughly $182 annually against that benchmark.

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

What the card costs before you borrow

$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.

For cash advances the filing discloses a cash advance APR of 16.99%. 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.

What a missed payment costs

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

The grace period

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.

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.

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.

How it sits in the issuer's own range

TIB, National Association has 52 agreements indexed on this site. The issuer's own range is 9.25%–17.49%. At 16.99%, this agreement is dearer than 30 of its siblings.

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

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. Against that sits the $35 annual fee, which is unavoidable once the account is open.