Credit Card Agreement

Credit Card Agreement 1119, as filed by Cedar Hill National Bank, carries 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 the document actually states

This page covers the agreement Cedar Hill National Bank filed for Credit Card Agreement 1119. The filing runs three pages.

The disclosure covers a purchase rate, an annual fee line, a late payment maximum and a grace period. A cash advance rate, a balance transfer rate and a penalty rate are not stated.

Pricing the purchase rate

At 22.9%, the purchase APR falls at roughly the 53rd percentile of the 2,280 filings indexed here, which is unremarkable against the rest of the set.

The arithmetic of revolving

At the disclosed purchase APR, $1,200 revolving for a full year costs something like $309 in interest.

The median purchase rate across the corpus is 21.99%; the same balance there would cost about $295. The gap — roughly $14 a year on $1,200 — is the price of this particular filing over a typical one.

Broken down to a single thirty-day cycle, the same balance accrues roughly $22.79.

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

The annual fee is $0. Roughly 75% of filings here that state a fee state zero, so the absence of one is unremarkable in this market.

Penalty pricing and late fees

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

Grace period and minimum charge

The filing gives 28 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest. Against a corpus median of 25 days, this is a wider window than usual.

The $1 minimum interest charge means the effective cost of carrying a very small balance is far higher than the quoted APR implies.

Inside Cedar Hill National Bank's filed lineup

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.

The limits of this document

This page cannot tell you anything about cash advances, balance transfer terms, a foreign transaction fee and penalty pricing, because the filing's disclosure table as read does not contain them.

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 three 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. With no annual fee, the cost of the account is entirely a function of whether a balance is carried.