Milestone Mastercard Cardholder Agreement

The Milestone Mastercard Cardholder Agreement 322 filing from Bank of Missouri, the sets out a 24.9% purchase APR. That purchase rate ranks near the 60th percentile across this corpus of 4,587 filings.

What this filing discloses

This page covers the agreement Bank of Missouri, the filed for Milestone Mastercard Cardholder Agreement 322. It is issued on the Mastercard network and the filing runs 12 pages.

The filing is explicit about a purchase rate, 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

At 24.9%, the purchase APR falls at roughly the 60th percentile of the 2,280 filings indexed here, which is unremarkable against the rest of the set.

Translating the rate into money

Put $2,500 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $707.

On a median-priced agreement from this index (21.99%) the same $2,500 would run about $615 a year, so this card costs in the region of $92 more annually for the identical balance.

Broken down to a single thirty-day cycle, the same balance accrues roughly $51.67.

Note the $1 minimum interest charge, which overrides the arithmetic above whenever the calculated interest falls below it.

Treat this as an illustration of what the disclosed rate does, not as a projection of a real account, which would be shaped by payments and by the fees described elsewhere in the filing.

What the card costs before you borrow

Spending abroad costs an extra 1% — about $30 on $3,000 of purchases, independent of interest.

Penalty pricing and late fees

On the fee side, a late payment can cost up to $40, which is around the 72nd percentile here.

Grace period and minimum charge

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

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

The limits of this document

Absent from the captured terms: anything about cash advances, balance transfer terms, an annual 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

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 24.9% is more expensive than 0 of them.

The document itself

This summary stands or falls on the linked PDF — 12 pages. Agreements are amended over time, and the filing reflects the terms as submitted rather than as they stand today.

In short

24.9% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern.