Cash Back Visa Signature Credit Card Agreement 65908E

Cash Back Visa Signature Credit Card Agreement 65908E, as filed by City National Bank, carries a purchase APR of 15%–19% and no annual fee. The purchase rate sits at roughly the 40th percentile of the 4,587 agreements indexed here.

What this filing discloses

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. It is issued on the Visa network and the filing runs 12 pages.

The disclosure covers a purchase rate, an annual fee line, 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

Rather than a single purchase rate, the document gives a band — 15% at the bottom, 19% at the top, 4 points wide. The agreement discloses the range without disclosing how an account is placed within it.

Those two numbers occupy very different places in the corpus: roughly the 34th percentile at the bottom and the 40th at the top.

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.

What the rate means in dollars

Put $1,000 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $209.

Priced at the median of 21.99%, that balance would generate about $246 in a year — so this agreement comes in around $37 cheaper for the same debt.

Per statement cycle that is on the order of $15.73 on $1,000, which is the number that actually shows up on a bill.

That maths assumes a static balance and nothing else — no payments, no additional purchases, no fees folded in.

The no-interest path

The filing gives 25 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest. That matches the 25-day median across the corpus almost exactly.

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

Default pricing

$15 is the disclosed ceiling on a late payment fee, placing it near the 11th percentile of the set.

Fees, and what triggers them

No annual fee appears in the filing, in line with the roughly 75% of disclosing agreements in this index that charge nothing to hold the card.

For cash advances the filing discloses a cash advance fee of $5 or 3% of the advance, whichever is greater. $167 is the crossover point where the percentage overtakes the $5 minimum.

A balance transfer costs $5 or 3% of the amount transferred, whichever is greater up front. The filing does not separately state the rate applied to transferred balances. Transferring $7,500 would cost roughly $225 at the door.

Spending abroad costs an extra 3% — about $45 on $1,500 of purchases, independent of interest.

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

Against the rest of City National Bank's filings

City National Bank has 28 agreements indexed on this site. Across that lineup purchase rates span 19% to 27.25%; this filing's 19% sits above 0 of the comparable ones.

What you cannot learn from the filing

Absent from the captured terms: 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.

The document itself

The filed PDF is linked from this page and runs 12 pages. It is the authority for every figure summarised above; where this page and the document disagree, the document is right.

In short

The pricing here is middling by the standards of the index — 19% on purchases is near enough to typical.