Cash Back Visa Signature Credit Card Agreement 65908E

On the record for Cash Back Visa Signature Credit Card Agreement 65908E: a purchase APR of 17.25%–21.25% and no annual fee, filed by City National Bank. Against the 4,587 filings on this site, that rate lands around the 46th percentile.

The disclosed terms

City National Bank submitted the terms for Cash Back Visa Signature Credit Card Agreement 65908E to the CFPB's agreement database; this is what they contain. The filing runs 12 pages, and It is issued on the Visa network.

On the record here: a purchase rate, an annual fee line, a late payment maximum, a foreign transaction fee and a grace period. It is silent on a cash advance rate, a balance transfer rate and a penalty rate.

How the purchase rate compares

This is a tiered agreement: the filing discloses a purchase APR anywhere from 17.25% to 21.25%, a spread of 4 percentage points. Which end of that band applies is set by the issuer at account opening and the filing does not say how.

Read against the index, the low end ranks around the 46th percentile and the high end around the 46th — the band straddles a wide stretch of the market this corpus describes.

The agreement labels the purchase rate variable, so the quoted figure reflects the index at the time of filing rather than a locked-in price.

The arithmetic of revolving

At the disclosed purchase APR, $1,500 revolving for a full year costs something like $355 in interest.

Measured against the 21.99% corpus median, the same $1,500 costs approximately $14 less per year here.

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.

The fee structure

The annual fee is $0. Roughly 75% of filings here that state a fee state zero, so the absence of one is unremarkable in this market.

Cash advances carry a cash advance fee of $5 or 3% of the advance, whichever is greater. Advances under roughly $167 are charged the flat $5; larger ones are charged 3%.

Transfers are charged $5 or 3% of the amount transferred, whichever is greater, though no distinct transfer APR appears in the document. Transferring $2,000 would cost roughly $60 at the door.

Spending abroad costs an extra 3% — about $60 on $2,000 of purchases, independent of interest.

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

Penalty pricing and late fees

Late payments are capped at $15 under this filing, about the 11th 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.

Where interest applies at all, the filing bills at least $0.70. On a tiny balance that floor can dwarf the rate itself.

What you cannot learn from the filing

This page cannot tell you penalty pricing, because the filing's disclosure table as read does not contain it.

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.

Inside City National Bank's filed lineup

28 separate City National Bank filings appear in the corpus. Across that lineup purchase rates span 19% to 27.25%; this filing's 21.25% sits above 4 of the comparable ones.

22 of the issuer's other 26 disclosing filings are likewise fee-free.

The document itself

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

The pricing here is middling by the standards of the index — 21.25% on purchases is near enough to typical.