Visa Signature Rewards Credit Card Agreement 65895E

City National Bank's filed agreement for Visa Signature Rewards Credit Card Agreement 65895E discloses a purchase APR of 17.25%–21.25% and no annual fee. The purchase rate sits at roughly the 46th percentile of the 4,587 agreements indexed here.

What the document actually states

What follows is drawn entirely from City National Bank's CFPB filing for Visa Signature Rewards Credit Card Agreement 65895E. It is issued on the Visa network and the filing runs 12 pages.

The filing is explicit about a purchase rate, a cash advance rate, an annual fee line, a late payment maximum and a foreign transaction fee. It is silent on a balance transfer rate and a penalty rate.

The purchase APR against the corpus

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.

What the rate means in dollars

The purchase rate turns a $2,500 revolving balance into roughly $592 of annual interest.

Priced at the median of 21.99%, that balance would generate about $615 in a year — so this agreement comes in around $23 cheaper for the same debt.

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

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.

Where the fees are

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 and a cash advance APR of 23.25%. Cash is therefore 2 points dearer than buying something with the card.

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.

Paying in full

Anyone clearing the statement balance inside 25 days pays no purchase interest at all under this filing.

A minimum interest charge of $0.70 applies in any cycle where interest is due, which makes very small revolving balances disproportionately expensive.

Against the rest of City National Bank's filings

This is one of 28 City National Bank agreements collected here. The issuer's own range is 19%–27.25%. At 21.25%, this agreement is dearer than 4 of its siblings.

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

What the filing does not tell you

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

21.25% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern.