Credit Card Agreement

The Credit Card Agreement 0424 filing from Cedar Hill National Bank sets out a 22.9% purchase APR and no annual fee. That purchase rate ranks near the 53rd percentile across this corpus of 4,587 filings.

What this filing discloses

Cedar Hill National Bank filed this agreement for Credit Card Agreement 0424 with the Consumer Financial Protection Bureau. The filing runs four pages.

The filing is explicit about a purchase rate, an annual fee line, a late payment maximum and a grace period. It is silent on a cash advance rate, a balance transfer rate and a penalty rate.

Where the purchase APR sits

Set beside the rest of the index, the purchase APR of 22.9% lands at the 53rd percentile; it lands near the median.

Translating the rate into money

Carry $2,500 on this card for a year without paying it down and the purchase rate alone generates roughly $643 in interest.

A card priced at the corpus median of 21.99% would charge roughly $615 on that balance. This one charges about $28 more per year.

Month to month it reads as about $47.49 per cycle on that balance.

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

That maths assumes a static balance and nothing else — no payments, no additional purchases, no fees folded in.

What the card costs before you borrow

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.

Penalty pricing and late fees

$20 is the disclosed ceiling on a late payment fee, placing it near the 17th percentile of the set.

The grace period

Anyone clearing the statement balance inside 28 days pays no purchase interest at all under this filing. The median across this index is 25 days, so this filing is more generous than most.

Where interest applies at all, the filing bills at least $1. On a tiny balance that floor can dwarf the rate itself.

The issuer's other agreements

This is one of 55 Cedar Hill National Bank agreements collected here. The others all file the same 22.9% purchase rate. Whatever separates these products, it is not the cost of borrowing.

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.

An agreement filing is not a marketing document. Rewards, perks, welcome offers and eligibility rules are not in it, are not in this dataset, and are therefore not discussed anywhere on this page.

Where the authority sits

The filed PDF is linked from this page and runs four pages. It is the authority for every figure summarised above; where this page and the document disagree, the document is right.

In short

22.9% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern.