Milestone Mastercard Cardholder Agreement

On the record for Milestone Mastercard Cardholder Agreement 334: a 35.9% purchase APR and no annual fee, filed by Bank of Missouri, the. The purchase rate sits at roughly the 91st percentile of the 4,587 agreements indexed here.

On the face of the filing

This page covers the agreement Bank of Missouri, the filed for Milestone Mastercard Cardholder Agreement 334. The filing runs 13 pages, and It is issued on the Mastercard network.

The disclosure covers a purchase rate, an annual fee line, a late payment maximum and a grace period. No figure appears for a cash advance rate, a balance transfer rate and a penalty rate.

Pricing the purchase rate

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 arithmetic of revolving

A $4,000 balance left untouched for twelve months accrues about $1,727 in interest at this purchase rate.

Against the corpus median of 21.99%, that is approximately $743 a year of extra interest on the same $4,000.

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.

Default pricing

On the fee side, a late payment can cost up to $41, which is around the 89th percentile here.

Where the fees are

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.

Cash advances carry a cash advance fee of $5 or 5% of the advance, whichever is greater.

Grace period and minimum charge

25 days is the disclosed grace period for purchases — the interval in which paying in full costs nothing.

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

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

120 separate Bank of Missouri, the filings appear in the corpus. The issuer's own range is 24.9%–36%. At 35.9%, this agreement is dearer than 19 of its siblings.

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

What is outside the disclosure

Absent from the captured terms: balance transfer terms, a foreign transaction 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.

Reading the agreement yourself

This summary stands or falls on the linked PDF — 13 pages. Agreements are amended over time, and the filing reflects the terms as submitted rather than as they stand today.

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.