Destiny Mastercard Cardholder Agreement

Bank of Missouri, the's filed agreement for Destiny Mastercard Cardholder Agreement 243 discloses a 35.9% purchase APR and a $75 annual fee. That purchase rate ranks near the 91st percentile across this corpus of 4,587 filings.

The disclosed terms

Bank of Missouri, the submitted the terms for Destiny Mastercard Cardholder Agreement 243 to the CFPB's agreement database; this is what they contain. The filing runs 14 pages, and It is issued on the Mastercard network.

The filing is explicit about a purchase rate, an annual fee line, a late payment maximum and a grace period. It is silent on a cash advance rate, a balance transfer rate and a penalty rate.

Where the purchase APR sits

Set beside the rest of the index, the purchase APR of 35.9% lands at the 91st percentile; it sits in the expensive end of the corpus.

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 $1,079.

Against the corpus median of 21.99%, that is approximately $464 a year of extra interest on the same $2,500.

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

Charges beyond interest

The annual fee is $75, charged whether or not the card is used. Against the filings here that disclose a fee, that sits at roughly the 90th percentile.

Expressed in the card's own terms, the $75 fee equals about a year's interest on a $209 balance at the disclosed 35.9% purchase rate.

When a payment is late

Late payments are capped at $41 under this filing, about the 89th percentile of late fee maximums in the corpus.

The grace period

Anyone clearing the statement balance inside 25 days pays no purchase interest at all under this filing.

Where interest applies at all, the filing bills at least $1. On a tiny balance that floor can dwarf the rate itself.

What you cannot learn from the filing

This page cannot tell you anything about cash advances, balance transfer terms, 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.

Against the rest of Bank of Missouri, the's filings

120 separate Bank of Missouri, the filings appear in the corpus. Their disclosed purchase rates run from 24.9% to 36%, and this one at 35.9% is more expensive than 19 of them.

Its $75 annual fee is higher than 36 of the 79 sibling filings that state one.

Go to the source

Everything here is a reading of the filed agreement, 14 pages of it, which is linked above and which governs. Terms also change between filings, so the date on the document matters.

In short

The defining fact about this filing is the purchase rate: at 35.9% it is in the expensive band of this corpus, and that cost only materialises for someone who revolves a balance. Note that the $75 annual fee falls due whether the card is used or not.