Indigo Mastercard Cardholder Agreement

The Indigo Mastercard Cardholder Agreement 628 filing from Celtic Bank sets out a 29.9% purchase APR. Against the 4,587 filings on this site, that rate lands around the 72nd percentile.

On the face of the filing

What follows is drawn entirely from Celtic Bank's CFPB filing for Indigo Mastercard Cardholder Agreement 628. The filing runs 12 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. No figure appears for a cash advance rate, a balance transfer rate and a penalty rate.

The purchase rate in context

29.9% puts the purchase APR near the 72nd percentile across 2,280 agreements, so it comes in above the median.

What a balance actually costs

Carry $3,000 on this card for a year without paying it down and the purchase rate alone generates roughly $1,045 in interest.

On a median-priced agreement from this index (21.99%) the same $3,000 would run about $738 a year, so this card costs in the region of $307 more annually for the identical balance.

Small balances do not get a proportionally small bill — the agreement imposes a $1 minimum interest charge in any month where interest applies.

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. Advances under roughly $100 are charged the flat $5; larger ones are charged 5%.

Foreign transactions attract 1%. On $1,000 of overseas spending that is $10, charged on top of whatever exchange rate applies.

When a payment is late

On the fee side, a late payment can cost up to $41, which is around the 89th percentile here.

Grace period and minimum charge

Anyone clearing the statement balance inside 25 days pays no purchase interest at all under this filing.

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

Inside Celtic Bank's filed lineup

92 separate Celtic Bank filings appear in the corpus. The issuer's own range is 22.49%–35.9%. At 29.9%, this agreement is dearer than 7 of its siblings.

What the filing does not tell you

This page cannot tell you balance transfer terms, an annual fee and penalty pricing, because the filing's disclosure table as read does not contain them.

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.

Where the authority sits

The filed PDF is linked from this page and runs 12 pages. It is the authority for every figure summarised above; where this page and the document disagree, the document is right.

In short

The pricing here is middling by the standards of the index — 29.9% on purchases is near enough to typical.