Agreements as filed with the CFPB. Not an offer of credit. How we read them
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Bank of Missouri, the

Destiny Mastercard Cardholder Agreement

The filed agreement discloses a purchase APR of 35.9%. Below: every term the document states, what it leaves out, and how the cost compares with the rest of the database.

Disclosed rates and fees

Every figure below was read from this issuer's filed agreement. Anything the filing does not state is left out of this table rather than shown as zero.

Terms as disclosed in the filed agreement for Destiny Mastercard Cardholder Agreement
Purchase APR35.9%
Annual fee$0
Late payment feeup to $41
Foreign transaction fee1%
Cash advance fee$5 or 5% of the amount of each transaction, whichever is greater (not to exceed $100) ⦁
Grace period25 days
Minimum interest charge$1
NetworkMastercard

Analysis

Destiny Mastercard Cardholder Agreement 250, as filed by Bank of Missouri, the, carries a 35.9% purchase APR and no annual fee. Against the 4,587 filings on this site, that rate lands around the 91st percentile.

The disclosed terms

What follows is drawn entirely from Bank of Missouri, the's CFPB filing for Destiny Mastercard Cardholder Agreement 250. It is issued on the Mastercard network and the filing runs 13 pages.

The disclosure covers a purchase rate, an annual fee line, a late payment maximum, a foreign transaction fee and a grace period. It is silent on a cash advance rate, a balance transfer rate and a penalty rate.

The purchase APR against the corpus

Set beside the rest of the index, the purchase APR of 35.9% lands at the 91st percentile; it is costlier than the large majority of filings here.

The cost of carrying a balance

A $2,000 balance left untouched for twelve months accrues about $863 in interest at this purchase rate.

On a median-priced agreement from this index (21.99%) the same $2,000 would run about $492 a year, so this card costs in the region of $372 more annually for the identical balance.

These figures are arithmetic on the disclosed rate, not a quote: they assume the balance is never reduced, ignore any payments, and take no account of fees charged separately.

Charges beyond interest

No annual fee appears in the filing, in line with the roughly 75% of disclosing agreements in this index that charge nothing to hold the card.

For cash advances the filing discloses a cash advance fee of $5 or 5% of the advance, whichever is greater. $100 is the crossover point where the percentage overtakes the $5 minimum.

The filing sets a 1% foreign transaction fee, which adds roughly $20 to $2,000 spent outside the United States.

What a missed payment costs

$41 is the disclosed ceiling on a late payment fee, placing it near the 89th percentile of the set.

The grace period

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

The $1 minimum interest charge means the effective cost of carrying a very small balance is far higher than the quoted APR implies.

What the filing does not tell you

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

More broadly, a CFPB agreement filing is a legal and pricing document. It does not describe rewards, benefits, sign-up offers, eligibility or approval criteria, and nothing of that kind has been inferred on this page. Where a card has features of that sort, they live outside this document entirely.

How it sits in the issuer's own range

This is one of 120 Bank of Missouri, the agreements collected here. Their disclosed purchase rates run from 24.9% to 36%, and this one at 35.9% is more expensive than 19 of them.

On fees, 21 of the 79 sibling filings that disclose an annual fee also set it at zero — this one is among them.

Reading the agreement yourself

The original filing, 13 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 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.

The source document

This page is a reading of one document: the cardholder agreement Bank of Missouri, the filed with the Consumer Financial Protection Bureau. Where the two disagree, the filing is correct and this page is wrong.

Open the filed agreement (PDF)

Applications are handled by Bank of Missouri, the, not by us. We do not take applications and cannot say whether you would be approved.

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Other cards from Bank of Missouri, the

All 120 agreements from Bank of Missouri, the

Where this card sits

Groups this agreement qualifies for, by its own disclosed terms:

Comparable cards from other issuers

Closest disclosed purchase APR among cards in the same groups.