Houzz Mastercard® Current Credit Card Agreements

The Houzz Mastercard® Current Credit Card Agreements filing from Comenity Capital Bank sets out a 35.99% purchase APR and a $3.50 annual fee. That purchase rate ranks near the 97th percentile across this corpus of 4,587 filings.

What this filing discloses

What follows is drawn entirely from Comenity Capital Bank's CFPB filing for Houzz Mastercard® Current Credit Card Agreements. It is issued on the Mastercard network and the filing runs 16 pages.

Terms captured from the document include a purchase rate, a cash advance rate, a balance transfer rate, an annual fee line and a late payment maximum. A penalty rate and a grace period are not stated.

The purchase rate in context

Ranked against the corpus, this purchase APR — 35.99% — sits at approximately the 97th percentile and is about as high as anything filed here.

The cost of carrying a balance

The purchase rate turns a $4,000 revolving balance into roughly $1,732 of annual interest.

A card priced at the corpus median of 21.99% would charge roughly $983 on that balance. This one charges about $748 more per year.

Month to month it reads as about $120.03 per cycle on that balance.

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.

When a payment is late

The maximum late fee is $41 — roughly the 89th percentile of the late fee ceilings disclosed across this index.

Where the fees are

$3.50 a year is the disclosed annual fee, which ranks near the 75th percentile of the fees filed across this corpus.

For scale, $3.50 is approximately what $10 of revolving balance would cost in interest over twelve months at this card's 35.99% rate.

For cash advances the filing discloses a cash advance fee of $10 or 5% of the advance, whichever is greater and a cash advance APR of 35.99%. 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.

The transfer fee is 26.99% of the amount transferred; transferred balances then run at 26.99%. Transferring $3,000 would cost roughly $810 at the door.

No foreign transaction fee is charged, which puts this filing in the roughly 22% of disclosing agreements here that do not take a cut of overseas spending.

The grace period

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

The issuer's other agreements

100 separate Comenity Capital Bank filings appear in the corpus. Their disclosed purchase rates run from 14.74% to 35.99%, and this one at 35.99% is more expensive than 47 of them.

Among the issuer's other filings that disclose a fee, 42 of 89 come in below this card's $3.50.

The limits of this document

The disclosure parsed here does not state a grace period and penalty pricing. Those gaps are gaps in what could be read from the filing, and the PDF may well address them in prose the rate table does not capture.

More broadly, a CFPB agreement filing is a legal and pricing document. It does not describe rewards, benefits, sign-up offers, eligibility or approval criteria, and nothing of that kind has been inferred on this page. Where a card has features of that sort, they live outside this document entirely.

The document itself

The filed PDF is linked from this page and runs 16 pages. It is the authority for every figure summarised above; where this page and the document disagree, the document is right.

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. Note that the $3.50 annual fee falls due whether the card is used or not.