Business WE DTC 1 2025

Business WE DTC 1 2025 v15, as filed by First Arkansas Bank and Trust, carries a 20.99% purchase APR, a $29 annual fee, a 0% opening rate and a 28.24% penalty rate. Against the 4,587 filings on this site, that rate lands around the 45th percentile.

What the document actually states

The document behind this page is First Arkansas Bank and Trust's filed agreement for Business WE DTC 1 2025 v15. The filing runs four pages.

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

The promotional period

A 0% promotional rate appears in the document without an accompanying term — the length of the window is not captured.

Zero-percent openings appear in roughly 458 of the filings on this site, which puts this agreement in a sizeable minority rather than a class of its own.

The go-to rate is 20.99%. Any balance still outstanding when the promotion lapses starts accruing at that figure — about $467 a year on $2,000.

The purchase APR against the corpus

Measured against every other filing on the site, 20.99% is about the 45th percentile for purchase APR; it lands near the median.

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.

The rate discussed in this section is the go-to rate — the one that applies once the promotional period described below has ended, not the promotional rate itself.

What the rate means in dollars

A $3,000 balance left untouched for twelve months accrues about $700 in interest at this purchase rate.

Measured against the 21.99% corpus median, the same $3,000 costs approximately $37 less per year here.

Note the $1 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.

Penalty pricing and late fees

The agreement discloses penalty pricing of 28.24% — about the 54th percentile of the 794 penalty rates recorded across this index.

The jump from 20.99% to 28.24% is 7.25 percentage points, worth roughly $185 extra per year on $2,000 of balance.

On the fee side, a late payment can cost up to $35, which is around the 54th percentile here.

Charges beyond interest

Holding the card costs $29 a year before any transaction takes place — about the 80th percentile among agreements in this index that state a fee.

Cash advances carry a cash advance fee of $10 or 5% of the advance, whichever is greater and a cash advance APR of 24.49%. Cash is therefore 3.5 points dearer than buying something with the card. Advances under roughly $200 are charged the flat $10; larger ones are charged 5%.

The transfer fee is $10 or 4% of the amount transferred, whichever is greater; transferred balances then run at 20.99%. Transferring $7,500 would cost roughly $300 at the door.

Paying in full

Purchases carry a 25-day grace period: pay the statement in full inside it and the purchase rate never applies.

The $1 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

19 separate First Arkansas Bank and Trust filings appear in the corpus. The issuer's own range is 14.49%–23.49%. At 20.99%, this agreement is dearer than 9 of its siblings.

What is outside the disclosure

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

It is worth being explicit about scope: these filings record terms and pricing. They say nothing about rewards programmes, cardholder benefits, promotional offers or who the issuer will approve, and this review does not speculate about any of it.

The document itself

The original filing, 4 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

20.99% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern. Against that sits the $29 annual fee, which is unavoidable once the account is open.