Milestone Mastercard Cardholder Agreement

On the record for Milestone Mastercard Cardholder Agreement 349: a 35.9% purchase APR, filed by Bank of Missouri, the. That purchase rate ranks near the 91st percentile across this corpus of 4,587 filings.

What the agreement puts on the record

The document behind this page is Bank of Missouri, the's filed agreement for Milestone Mastercard Cardholder Agreement 349. The filing runs 14 pages, and It is issued on the Mastercard network.

On the record here: 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.

How the purchase rate compares

Ranked against the corpus, this purchase APR — 35.9% — sits at approximately the 91st percentile and is well above what most issuers disclosed.

What the rate means in dollars

The purchase rate turns a $1,000 revolving balance into roughly $432 of annual interest.

Against the corpus median of 21.99%, that is approximately $186 a year of extra interest on the same $1,000.

Month to month it reads as about $29.93 per cycle on that balance.

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.

Fees, and what triggers them

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

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

Default pricing

The maximum late fee is $41 — roughly the 89th percentile of the late fee ceilings disclosed across this index.

Paying in full

25 days is the disclosed grace period for purchases — the interval in which paying in full costs nothing. 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 the filing does not tell you

Absent from the captured terms: 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.

Inside Bank of Missouri, the's filed lineup

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

Where the authority sits

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

This is an expensive agreement by the standards of the corpus, driven by a 35.9% purchase rate that is inert for a transactor and punishing for a revolver.