Disclosed rates and fees
Every figure below was read from this issuer's filed agreement. Anything the filing does not state is left out of this table rather than shown as zero.
| Purchase APR | 35.9% |
|---|---|
| Late payment fee | up to $41 |
| Cash advance fee | $5 or 5% of the amount of each transaction, whichever is greater (not to exceed $100) 1% of each transaction in U.S. dollars ⦁ |
| Grace period | 25 days |
| Minimum interest charge | $1 |
| Network | Mastercard |
Analysis
Indigo Mastercard Cardholder Agreement 693, as filed by Celtic Bank, carries a 35.9% purchase APR. The purchase rate sits at roughly the 91st percentile of the 4,587 agreements indexed here.
What this filing discloses
The document behind this page is Celtic Bank's filed agreement for Indigo Mastercard Cardholder Agreement 693. It is issued on the Mastercard network and the filing runs 13 pages.
Terms captured from the document include 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.
How the purchase rate compares
Set beside the rest of the index, the purchase APR of 35.9% lands at the 91st percentile; it sits in the expensive end of the corpus.
The cost of carrying a balance
Put $4,000 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $1,727.
On a median-priced agreement from this index (21.99%) the same $4,000 would run about $983 a year, so this card costs in the region of $743 more annually for the identical balance.
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.
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.
When a payment is late
The maximum late fee is $41 — roughly the 89th percentile of the late fee ceilings disclosed across this index.
Grace period and minimum charge
25 days is the disclosed grace period for purchases — the interval in which paying in full costs nothing.
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
This is one of 92 Celtic Bank agreements collected here. The issuer's own range is 22.49%–35.9%. At 35.9%, this agreement is dearer than 25 of its siblings.
What is outside the disclosure
Absent from the captured terms: balance transfer terms, an annual fee, a foreign transaction fee and penalty pricing. The original document is the place to look for any of these.
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.
Go to the source
Everything here is a reading of the filed agreement, 13 pages of it, which is linked above and which governs. Terms also change between filings, so the date on the document matters.
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.
The source document
This page is a reading of one document: the cardholder agreement Celtic Bank filed with the Consumer Financial Protection Bureau. Where the two disagree, the filing is correct and this page is wrong.
Applications are handled by Celtic Bank, not by us. We do not take applications and cannot say whether you would be approved.
Other cards from Celtic Bank
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Concora Credit Account Agreement
Agreement filed with the CFPB
- Purchase APR
- 35.9%
-
Concora Credit Account Agreement
Agreement filed with the CFPB
- Purchase APR
- 35.9%
-
Concora Credit Account Agreement
Agreement filed with the CFPB
- Purchase APR
- 35.9%
-
Concora Credit Account Agreement Raymour & Flanigan
Agreement filed with the CFPB
- Purchase APR
- 35.9%
Where this card sits
Groups this agreement qualifies for, by its own disclosed terms:
Comparable cards from other issuers
Closest disclosed purchase APR among cards in the same groups.