Indigo Mastercard Cardholder Agreement

Indigo Mastercard Cardholder Agreement 680, 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 the document actually states

Indigo Mastercard Cardholder Agreement 680 is one of the agreements Celtic Bank has on file with the CFPB. The filing runs 14 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.

How the purchase rate compares

Measured against every other filing on the site, 35.9% is about the 91st percentile for purchase APR; it is well above what most issuers disclosed.

The cost of carrying a balance

Put $2,500 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $1,079.

On a median-priced agreement from this index (21.99%) the same $2,500 would run about $615 a year, so this card costs in the region of $464 more annually for the identical balance.

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.

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

For cash advances the filing discloses a cash advance fee of $5 or 5% of the advance, whichever is greater. The two halves of that fee cross at about $100: below it the flat $5 applies, above it the percentage does.

The filing sets a 1% foreign transaction fee, which adds roughly $30 to $3,000 spent outside the United States.

Default pricing

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

Paying in full

The filing gives 25 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest.

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

What you cannot learn from the filing

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.

More broadly, a CFPB agreement filing is a legal and pricing document. It does not describe rewards, benefits, sign-up offers, eligibility or approval criteria, and nothing of that kind has been inferred on this page. Where a card has features of that sort, they live outside this document entirely.

The issuer's other agreements

92 separate Celtic Bank filings appear in the corpus. Their disclosed purchase rates run from 22.49% to 35.9%, and this one at 35.9% is more expensive than 25 of them.

Where the authority sits

The original filing, 14 pages long, is linked on this page and should be read before any figure here is acted on. It is also a snapshot: issuers refile as terms change.

In short

The defining fact about this filing is the purchase rate: at 35.9% it is in the expensive band of this corpus, and that cost only materialises for someone who revolves a balance.