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 18.5%–22.5% and no annual fee. That purchase rate ranks near the 52nd percentile across this corpus of 4,587 filings.

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

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

The purchase APR against the corpus

Rather than a single purchase rate, the document gives a band — 18.5% at the bottom, 22.5% at the top, 4 points wide. The agreement discloses the range without disclosing how an account is placed within it.

The floor of that band sits at about the 57th percentile of filed purchase rates; the ceiling sits at about the 52nd. In corpus terms the same card can be cheap or expensive depending on how it is priced.

This is disclosed as a variable rate. The number above is a snapshot: it tracks an index, so it changes without the agreement being amended.

What the rate means in dollars

A $5,000 balance left untouched for twelve months accrues about $1,261 in interest at this purchase rate.

The median purchase rate across the corpus is 21.99%; the same balance there would cost about $1,229. The gap — roughly $32 a year on $5,000 — is the price of this particular filing over a typical one.

Note the $0.70 minimum interest charge, which overrides the arithmetic above whenever the calculated interest falls below it.

Treat this as an illustration of what the disclosed rate does, not as a projection of a real account, which would be shaped by payments and by the fees described elsewhere in the filing.

Where the fees are

There is no annual fee. That is the common case in this corpus — about 75% of the filings that disclose an annual fee at all disclose it as $0 — so it is a baseline expectation rather than a distinguishing feature.

For cash advances the filing discloses a cash advance fee of 3% and a cash advance APR of 24.5%. The premium over purchases is 2 percentage points. Cash advances also tend to fall outside any grace period, which means interest typically starts on day one rather than at the end of a billing cycle.

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.

Penalty pricing and late fees

The maximum late fee is $15 — roughly the 11th percentile of the late fee ceilings disclosed across this index.

The no-interest path

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

The issuer's other agreements

28 separate City National Bank filings appear in the corpus. Across that lineup purchase rates span 19% to 27.25%; this filing's 22.5% sits above 8 of the comparable ones.

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

What the filing does not tell you

This page cannot tell you a foreign transaction fee and penalty pricing, because the filing's disclosure table as read does not contain them.

What this analysis can address is bounded by the filing: rates, fees and the terms around them. Everything a card issuer might advertise — rewards, benefits, bonuses, who qualifies — falls outside the document and outside this review.

Reading the agreement yourself

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

At 22.5% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers. Because there is no annual fee, everything depends on the revolving behaviour: used as a payment instrument and cleared monthly, this agreement costs nothing.