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.
| Purchase APR | 35.9% |
|---|---|
| Annual fee | $0 |
| Late payment fee | up to $41 |
| Grace period | 25 days |
| Minimum interest charge | $1 |
| Network | Mastercard |
Analysis
The Milestone Mastercard Cardholder Agreement 366 filing from Bank of Missouri, the sets out a 35.9% purchase APR and no annual fee. That purchase rate ranks near the 91st percentile across this corpus of 4,587 filings.
What the document actually states
Bank of Missouri, the filed this agreement for Milestone Mastercard Cardholder Agreement 366 with the Consumer Financial Protection Bureau. The filing runs 13 pages, and It is issued on the Mastercard network.
The filing is explicit about 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.
The purchase rate in context
At 35.9%, the purchase APR falls at roughly the 91st percentile of the 2,280 filings indexed here, which is costlier than the large majority of filings here.
The arithmetic of revolving
At the disclosed purchase APR, $2,000 revolving for a full year costs something like $863 in interest.
A card priced at the corpus median of 21.99% would charge roughly $492 on that balance. This one charges about $372 more per year.
That maths assumes a static balance and nothing else — no payments, no additional purchases, no fees folded in.
The fee structure
There is no annual fee. That is the common case in this corpus — about 75% of the filings that disclose an annual fee at all disclose it as $0 — so it is a baseline expectation rather than a distinguishing feature.
Default pricing
Late payments are capped at $41 under this filing, about the 89th percentile of late fee maximums in the corpus.
The grace period
The filing gives 25 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest.
A minimum interest charge of $1 applies in any cycle where interest is due, which makes very small revolving balances disproportionately expensive.
Inside Bank of Missouri, the's filed lineup
120 separate Bank of Missouri, the filings appear in the corpus. Across that lineup purchase rates span 24.9% to 36%; this filing's 35.9% sits above 19 of the comparable ones.
21 of the issuer's other 79 disclosing filings are likewise fee-free.
What the filing does not tell you
Absent from the captured terms: anything about cash advances, balance transfer terms, a foreign transaction fee and penalty pricing. The original document is the place to look for any of these.
It is worth being explicit about scope: these filings record terms and pricing. They say nothing about rewards programmes, cardholder benefits, promotional offers or who the issuer will approve, and this review does not speculate about any of it.
Reading the agreement yourself
The filed PDF is linked from this page and runs 13 pages. It is the authority for every figure summarised above; where this page and the document disagree, the document is right.
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. Because there is no annual fee, everything depends on the revolving behaviour: used as a payment instrument and cleared monthly, this agreement costs nothing.
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.
Applications are handled by Bank of Missouri, the, not by us. We do not take applications and cannot say whether you would be approved.
Other cards from Bank of Missouri, the
-
Acima Classic Credit Mastercard Cardholder Agreement
Agreement filed with the CFPB
- Purchase APR
- 35.9%
- Annual fee
- $175
-
Acima Classic Credit Mastercard Cardholder Agreement
Agreement filed with the CFPB
- Purchase APR
- 35.9%
- Foreign tx fee
- 1%
-
Acima Classic Credit Mastercard Cardholder Agreement
Agreement filed with the CFPB
- Purchase APR
- 35.9%
-
Destiny Mastercard Cardholder Agreement
Agreement filed with the CFPB
- Purchase APR
- 35.9%
- Foreign tx fee
- 1%
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.