Milestone Mastercard Cardholder Agreement

Milestone Mastercard Cardholder Agreement 318, as filed by Bank of Missouri, the, carries a 35.9% purchase APR and a $175 annual fee. The purchase rate sits at roughly the 91st percentile of the 4,587 agreements indexed here.

What this filing discloses

Milestone Mastercard Cardholder Agreement 318 is one of the agreements Bank of Missouri, the has on file with the CFPB. It is issued on the Mastercard network and the filing runs 14 pages.

The filing is explicit about 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 lands high in the distribution.

What the rate means in dollars

A $1,500 balance left untouched for twelve months accrues about $647 in interest at this purchase rate.

Against the corpus median of 21.99%, that is approximately $279 a year of extra interest on the same $1,500.

There is also a floor: the filing sets a minimum interest charge of $1, so any cycle that accrues less than that is billed at $1 anyway.

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

Holding the card costs $175 a year before any transaction takes place — about the 96th percentile among agreements in this index that state a fee.

One way to size that fee: at the card's own purchase rate of 35.9%, $175 is roughly the interest a balance of about $487 would generate in a year. The fee is a fixed cost that behaves like perpetual interest on that much debt.

For cash advances the filing discloses a cash advance fee of $5 or 5% of the advance, whichever is greater. Advances under roughly $100 are charged the flat $5; larger ones are charged 5%.

The filing sets a 1% foreign transaction fee, which adds roughly $50 to $5,000 spent outside the United States.

Paying in full

The filing gives 25 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest. That matches the 25-day median across the corpus almost exactly.

A minimum interest charge of $1 applies in any cycle where interest is due, which makes very small revolving balances disproportionately expensive.

What a missed payment costs

$40 is the disclosed ceiling on a late payment fee, placing it near the 72nd percentile of the set.

How it sits in the issuer's own range

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

Its $175 annual fee is higher than 65 of the 79 sibling filings that state one.

What you cannot learn from the filing

This page cannot tell you balance transfer terms and penalty pricing, because the filing's disclosure table as read does not contain them.

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.

The document itself

The original filing, 14 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

35.9% on purchases is the number that dominates this agreement. Paid in full each cycle it never applies; carried, it is among the dearer prices in this index. The $175 annual fee is charged regardless of use, so it is a cost that applies even to an account that never revolves.