Indigo Mastercard Cardholder Agreement

Indigo Mastercard Cardholder Agreement 678, as filed by Celtic Bank, carries a 35.9% purchase APR. That purchase rate ranks near the 91st percentile across this corpus of 4,587 filings.

What this filing discloses

Indigo Mastercard Cardholder Agreement 678 is one of the agreements Celtic Bank has on file with the CFPB. The filing runs 12 pages, and It is issued on the Mastercard network.

The disclosure covers a purchase rate, 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 disclosure table in this document parsed only moderately cleanly; the numbers are reported as read, with that caveat attached.

The purchase APR against the corpus

35.9% puts the purchase APR near the 91st percentile across 2,280 agreements, so it is costlier than the large majority of filings here.

Translating the rate into money

A $2,500 balance left untouched for twelve months accrues about $1,079 in interest at this purchase rate.

A card priced at the corpus median of 21.99% would charge roughly $615 on that balance. This one charges about $464 more per year.

There is also a floor: the filing sets a minimum interest charge of $1, so any cycle that accrues less than that is billed at $1 anyway.

These figures are arithmetic on the disclosed rate, not a quote: they assume the balance is never reduced, ignore any payments, and take no account of fees charged separately.

When a payment is late

Late payments are capped at $41 under this filing, about the 89th percentile of late fee maximums in the corpus.

The grace period

Purchases carry a 25-day grace period: pay the statement in full inside it and the purchase rate never applies. That matches the 25-day median across the corpus almost exactly.

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

The issuer's other agreements

92 separate Celtic Bank filings appear in the corpus. Across that lineup purchase rates span 22.49% to 35.9%; this filing's 35.9% sits above 25 of the comparable ones.

What is outside the disclosure

This page cannot tell you anything about cash advances, balance transfer terms, an annual fee and a foreign transaction fee, 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

This summary stands or falls on the linked PDF — 12 pages. Agreements are amended over time, and the filing reflects the terms as submitted rather than as they stand today.

In short

35.9% on purchases is the number that dominates this agreement. Paid in full each cycle it never applies; carried, it is among the dearer prices in this index. Extraction confidence here is not high, so the conclusions above are provisional on the PDF agreeing with them.