Consumer Platinum Series DTC 1 2025

On the record for Consumer Platinum Series DTC 1 2025 v15: a 15.24% purchase APR, no annual fee, a 0% opening rate and a 28.24% penalty rate, filed by First Arkansas Bank and Trust. Against the 4,587 filings on this site, that rate lands around the 15th percentile.

What the agreement puts on the record

First Arkansas Bank and Trust filed this agreement for Consumer Platinum Series DTC 1 2025 v15 with the Consumer Financial Protection Bureau. The filing runs four pages.

The disclosure covers a purchase rate, a cash advance rate, a balance transfer rate, a penalty rate and an annual fee line.

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.

Behind the promotion sits a 15.24% purchase rate. On $2,000 that is in the region of $329 a year once the window closes.

How the purchase rate compares

At 15.24%, the purchase APR falls at roughly the 15th percentile of the 2,280 filings indexed here, which falls in the low band of the corpus.

Because the rate is variable, the figure quoted is tied to an index and will drift with it. Nothing here is a fixed commitment.

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

At the disclosed purchase APR, $4,000 revolving for a full year costs something like $658 in interest.

The corpus median purchase rate is 21.99%, which on the same $4,000 would cost about $983 a year. This filing saves roughly $325 annually against that benchmark.

Per statement cycle that is on the order of $50.41 on $4,000, which is the number that actually shows up on a bill.

Small balances do not get a proportionally small bill — the agreement imposes a $1 minimum interest charge in any month where interest applies.

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.

Where the fees are

No annual fee appears in the filing, in line with the roughly 75% of disclosing agreements in this index that charge nothing to hold the card.

Taking cash against the card means a cash advance fee of $10 or 5% of the advance, whichever is greater and a cash advance APR of 20.24%. That is 5 points above the purchase rate. The two halves of that fee cross at about $200: below it the flat $10 applies, above it the percentage does.

The transfer fee is $10 or 4% of the amount transferred, whichever is greater; transferred balances then run at 15.24%. Shifting $5,000 across attracts something like $200 in fees on day one.

Foreign transactions attract 3%. On $5,000 of overseas spending that is $150, charged on top of whatever exchange rate applies.

That is at the high end of this corpus — around the 91st percentile of disclosed foreign transaction fees.

The downside terms

A penalty APR of 28.24% sits in this filing, applied when the account falls into default as the agreement defines it. Against the 794 filings here that disclose one, that is roughly the 54th percentile.

That is 13 points above the standard purchase rate. On a $1,000 balance, the shift from 15.24% to 28.24% adds something like $162 of interest over a year — the real cost of the default, quite apart from the fee itself.

Late payments are capped at $35 under this filing, about the 54th percentile of late fee maximums in the corpus.

The no-interest path

Anyone clearing the statement balance inside 25 days pays no purchase interest at all under this filing.

A minimum interest charge of $1 applies in any cycle where interest is due, which makes very small revolving balances disproportionately expensive.

Against the rest of First Arkansas Bank and Trust's filings

First Arkansas Bank and Trust has 19 agreements indexed on this site. Across that lineup purchase rates span 14.49% to 23.49%; this filing's 15.24% sits above 1 of the comparable ones.

On fees, 4 of the 11 sibling filings that disclose an annual fee also set it at zero — this one is among them.

What is outside the disclosure

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.

Reading the agreement yourself

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

15.24% places this filing at the inexpensive end of the set, which is the headline here. With no annual fee, the cost of the account is entirely a function of whether a balance is carried.