Sterling Family of Jewelers Credit Card Current Credit Card Agreements

The Sterling Family of Jewelers Credit Card Current Credit Card Agreements filing from Comenity Bank sets out a 35.99% purchase APR, a $3.50 annual fee and a 39.99% penalty rate. Against the 4,587 filings on this site, that rate lands around the 97th percentile.

On the face of the filing

The document behind this page is Comenity Bank's filed agreement for Sterling Family of Jewelers Credit Card Current Credit Card Agreements. The filing runs 15 pages.

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

The purchase rate in context

Measured against every other filing on the site, 35.99% is about the 97th percentile for purchase APR; it sits in the top few percent of the entire set.

What the rate means in dollars

The purchase rate turns a $2,000 revolving balance into roughly $866 of annual interest.

On a median-priced agreement from this index (21.99%) the same $2,000 would run about $492 a year, so this card costs in the region of $374 more annually for the identical balance.

There is also a floor: the filing sets a minimum interest charge of $3, so any cycle that accrues less than that is billed at $3 anyway.

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 $3.50, charged whether or not the card is used. Against the filings here that disclose a fee, that sits at roughly the 75th percentile.

Grace period and minimum charge

The $3 minimum interest charge means the effective cost of carrying a very small balance is far higher than the quoted APR implies.

Default pricing

If the account defaults, the filing permits a rate of 39.99%. Among disclosing agreements here that ranks near the 86th percentile.

That is 4 points above the standard purchase rate. On a $3,000 balance, the shift from 35.99% to 39.99% adds something like $175 of interest over a year — the real cost of the default, quite apart from the fee itself.

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

How it sits in the issuer's own range

There are 45 filings from Comenity Bank in this index. The issuer's own range is 30.24%–35.99%. At 35.99%, this agreement is dearer than 7 of its siblings.

Its $3.50 annual fee is higher than 15 of the 41 sibling filings that state one.

What is outside the disclosure

Absent from the captured terms: anything about cash advances, balance transfer terms, a foreign transaction fee and a grace period. 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.

Go to the source

The original filing, 15 pages long, is linked on this page and should be read before any figure here is acted on. It is also a snapshot: issuers refile as terms change.

In short

The defining fact about this filing is the purchase rate: at 35.99% it is in the expensive band of this corpus, and that cost only materialises for someone who revolves a balance. Against that sits the $3.50 annual fee, which is unavoidable once the account is open.