Credit Card Agreement

The Credit Card Agreement 1119 filing from Cedar Hill National Bank sets out a 22.9% purchase APR and no annual fee. Against the 4,587 filings on this site, that rate lands around the 53rd percentile.

What the agreement puts on the record

Cedar Hill National Bank submitted the terms for Credit Card Agreement 1119 to the CFPB's agreement database; this is what they contain. The filing runs three pages.

Terms captured from the document include 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.

Where the purchase APR sits

Set beside the rest of the index, the purchase APR of 22.9% lands at the 53rd percentile; it is about typical for the filings collected here.

Translating the rate into money

A $4,000 balance left untouched for twelve months accrues about $1,029 in interest at this purchase rate.

A card priced at the corpus median of 21.99% would charge roughly $983 on that balance. This one charges about $46 more per year.

Broken down to a single thirty-day cycle, the same balance accrues roughly $75.98.

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.

Penalty pricing and late fees

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

Fees, and what triggers them

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.

Paying in full

28 days is the disclosed grace period for purchases — the interval in which paying in full costs nothing. Against a corpus median of 25 days, this is a wider window than usual.

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

Inside Cedar Hill National Bank's filed lineup

There are 55 filings from Cedar Hill National Bank in this index. The others all file the same 22.9% purchase rate. Whatever separates these products, it is not the cost of borrowing.

What is outside the disclosure

The disclosure parsed here does not state anything about cash advances, balance transfer terms, a foreign transaction fee and penalty pricing. Those gaps are gaps in what could be read from the filing, and the PDF may well address them in prose the rate table does not capture.

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.

The document itself

Everything here is a reading of the filed agreement, three pages of it, which is linked above and which governs. Terms also change between filings, so the date on the document matters.

In short

22.9% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern. Because there is no annual fee, everything depends on the revolving behaviour: used as a payment instrument and cleared monthly, this agreement costs nothing.