Neon Money Amex Credit CHA Final 01

Pricing in Evolve Bank & Trust's Neon Money Amex Credit CHA Final 01 19 agreement is expressed relative to the Prime Rate. This review treats those figures as margins, which is what they are, and compares the fee terms that can be compared.

What the agreement puts on the record

What follows is drawn entirely from Evolve Bank & Trust's CFPB filing for Neon Money Amex Credit CHA Final 01 19. It is issued on the Amex network and the filing runs 27 pages.

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

Parsing confidence here is medium, so treat the figures as indicative of the filing rather than a substitute for it.

How this filing expresses its pricing

Pricing here is disclosed in the form "Prime plus a margin". The numbers in this document are therefore the margin component only, and cannot be read as the cost of borrowing on their own.

The filing's margin figures come to 11 points for penalty pricing.

The practical consequence is that this card has no single disclosed price. The cost of carrying a balance moves whenever the Prime Rate moves, in lockstep and without notice, and no arithmetic on this page can tell you what it costs today.

These figures carry medium extraction confidence — they are reproduced as read from the filing, which remains the authority.

Fees, and what triggers them

The annual fee is $128, charged whether or not the card is used. Against the filings here that disclose a fee, that sits at roughly the 96th percentile.

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

The downside terms

On the fee side, a late payment can cost up to $8, which is around the 4th percentile here.

Inside Evolve Bank & Trust's filed lineup

There are 8 filings from Evolve Bank & Trust in this index. Their disclosed purchase rates run from 0% to 29.49%, though this particular filing does not state one in comparable form.

Its $128 annual fee is higher than 3 of the 4 sibling filings that state one.

What is outside the disclosure

Absent from the captured terms: a purchase rate, balance transfer terms, a foreign transaction fee and a grace period. The original document is the place to look for any of these.

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

Everything here is a reading of the filed agreement, 27 pages of it, which is linked above and which governs. Terms also change between filings, so the date on the document matters.

In short

What can be said is how this card is priced, not what it costs. That distinction is the whole of the analysis here, and the agreement is the place to confirm the index it uses.