infinite cardmember agreement blended

On the record for infinite cardmember agreement blended: a 21.74% purchase APR, a $650 annual fee and a 14.99% penalty rate, filed by UBS Bank USA. The purchase rate sits at roughly the 47th percentile of the 4,587 agreements indexed here.

The disclosed terms

UBS Bank USA submitted the terms for infinite cardmember agreement blended to the CFPB's agreement database; this is what they contain. It is issued on the Visa network and the filing runs 18 pages.

On the record here: a purchase rate, a cash advance rate, a balance transfer rate, a penalty rate and an annual fee line.

The purchase rate in context

Set beside the rest of the index, the purchase APR of 21.74% lands at the 47th percentile; it sits close to the middle of the corpus.

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.

The arithmetic of revolving

Carry $5,000 on this card for a year without paying it down and the purchase rate alone generates roughly $1,214 in interest.

Measured against the 21.99% corpus median, the same $5,000 costs approximately $16 less per year here.

Broken down to a single thirty-day cycle, the same balance accrues roughly $90.12.

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

Holding the card costs $650 a year before any transaction takes place — about the 100th percentile among agreements in this index that state a fee.

For scale, $650 is approximately what $2,990 of revolving balance would cost in interest over twelve months at this card's 21.74% rate.

Cash advances carry a cash advance APR of 28.74%. That is 7 points above the purchase rate.

Transferred balances are priced at 21.74%; no separate transfer fee was captured from the filing.

Foreign transactions carry no fee. Only about 22% of the filings here that disclose a foreign transaction fee set it at zero, so this is a genuine point of difference.

Default pricing

If the account defaults, the filing permits a rate of 14.99%. Among disclosing agreements here that ranks near the 4th percentile.

On the fee side, a late payment can cost up to $38, which is around the 60th percentile here.

The no-interest path

The filing gives 23 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest. With a corpus median of 25 days, this window is narrower than the norm.

What is outside the disclosure

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.

The document itself

This summary stands or falls on the linked PDF — 18 pages. Agreements are amended over time, and the filing reflects the terms as submitted rather than as they stand today.

In short

21.74% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern. The $650 annual fee is charged regardless of use, so it is a cost that applies even to an account that never revolves.