Business WEP DTC 1 2025

First Arkansas Bank and Trust's filed agreement for Business WEP DTC 1 2025 v15 discloses a 17.49% purchase APR, a $249 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 22nd percentile.

The disclosed terms

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

Terms captured from the document include a purchase rate, a cash advance rate, a balance transfer rate, a penalty rate and an annual fee line. No figure appears for a foreign transaction fee.

The interest-free window

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.

Once the introductory period ends the rate becomes 17.49%, which turns a lingering $5,000 balance into approximately $955 of annual interest.

How the purchase rate compares

At 17.49%, the purchase APR falls at roughly the 22nd percentile of the 2,280 filings indexed here, which undercuts the typical filing.

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.

Translating the rate into money

Carry $1,500 on this card for a year without paying it down and the purchase rate alone generates roughly $287 in interest.

The corpus median purchase rate is 21.99%, which on the same $1,500 would cost about $369 a year. This filing saves roughly $82 annually against that benchmark.

Month to month it reads as about $21.71 per cycle on that balance.

There is also a floor: the filing sets a minimum interest charge of $1, so any cycle that accrues less than that is billed at $1 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.

Paying in full

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.

The $1 minimum interest charge means the effective cost of carrying a very small balance is far higher than the quoted APR implies.

Penalty pricing and late fees

If the account defaults, the filing permits a rate of 28.24%. Among disclosing agreements here that ranks near the 54th percentile.

The jump from 17.49% to 28.24% is 10.75 percentage points, worth roughly $270 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.

The fee structure

The annual fee is $249, charged whether or not the card is used. Against the filings here that disclose a fee, that sits at roughly the 97th percentile.

One way to size that fee: at the card's own purchase rate of 17.49%, $249 is roughly the interest a balance of about $1,424 would generate in a year. The fee is a fixed cost that behaves like perpetual interest on that much debt.

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 20.99%. The premium over purchases is 3.5 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.

Balance transfers cost $10 or 4% of the amount transferred, whichever is greater up front and then accrue at 17.49%. Shifting $3,000 across attracts something like $120 in fees on day one.

Inside First Arkansas Bank and Trust's filed lineup

There are 19 filings from First Arkansas Bank and Trust in this index. Across that lineup purchase rates span 14.49% to 23.49%; this filing's 17.49% sits above 6 of the comparable ones.

Among the issuer's other filings that disclose a fee, 8 of 11 come in below this card's $249.

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.

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.

Go to the source

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

In short

17.49% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern. The $249 annual fee is charged regardless of use, so it is a cost that applies even to an account that never revolves.