M 141208 500 Celtic Std

M 141208 500 Celtic Std, as filed by Celtic Bank, carries a 35.9% purchase APR and a $125 annual fee. Against the 4,587 filings on this site, that rate lands around the 91st percentile.

What the document actually states

The document behind this page is Celtic Bank's filed agreement for M 141208 500 Celtic Std. The filing runs 13 pages.

The disclosure covers a purchase rate, a cash advance rate, an annual fee line, a late payment maximum and a foreign transaction fee. No figure appears for a balance transfer rate and a penalty rate.

Where the purchase APR sits

35.9% puts the purchase APR near the 91st percentile across 2,280 agreements, so it lands high in the distribution.

The arithmetic of revolving

The purchase rate turns a $4,000 revolving balance into roughly $1,727 of annual interest.

A card priced at the corpus median of 21.99% would charge roughly $983 on that balance. This one charges about $743 more per year.

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.

Where the fees are

The annual fee is $125, charged whether or not the card is used. Against the filings here that disclose a fee, that sits at roughly the 95th percentile.

For scale, $125 is approximately what $348 of revolving balance would cost in interest over twelve months at this card's 35.9% rate.

Cash advances carry a cash advance fee of $0 and a cash advance APR of 35.9%.

Foreign transactions attract 3%. On $1,500 of overseas spending that is $45, charged on top of whatever exchange rate applies.

That is at the high end of this corpus — around the 91st percentile of disclosed foreign transaction fees.

Default pricing

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

The no-interest path

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 filing sets the minimum interest charge at zero — small balances are not rounded up to a floor.

The issuer's other agreements

There are 92 filings from Celtic Bank in this index. The issuer's own range is 22.49%–35.9%. At 35.9%, this agreement is dearer than 25 of its siblings.

Its $125 annual fee is higher than 7 of the 11 sibling filings that state one.

What is outside the disclosure

Absent from the captured terms: balance transfer terms and penalty pricing. The original document is the place to look for any of these.

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.

Reading the agreement yourself

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. Note that the $125 annual fee falls due whether the card is used or not.