Mercury Visa Signature

Mercury Visa Signature, as filed by First Bank & Trust, carries a purchase APR of 29.99%–35.99% and no annual fee. Against the 4,587 filings on this site, that rate lands around the 97th percentile.

The disclosed terms

This page covers the agreement First Bank & Trust filed for Mercury Visa Signature. The filing runs ten pages, and It is issued on the Visa network.

On the record here: a purchase rate, a cash advance rate, a balance transfer rate, an annual fee line and a late payment maximum. It is silent on a penalty rate.

Pricing the purchase rate

The purchase APR is quoted as a range of 29.99% to 35.99%. That 6-point spread is the whole of what the filing commits to; the method for assigning a rate inside it is not in the document.

The floor of that band sits at about the 77th percentile of filed purchase rates; the ceiling sits at about the 97th. In corpus terms the same card can be cheap or expensive depending on how it is priced.

Translating the rate into money

Carry $5,000 on this card for a year without paying it down and the purchase rate alone generates roughly $2,165 in interest.

On a median-priced agreement from this index (21.99%) the same $5,000 would run about $1,229 a year, so this card costs in the region of $935 more annually for the identical balance.

Month to month it reads as about $150.04 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.

Charges beyond interest

There is no annual fee. That is the common case in this corpus — about 75% of the filings that disclose an annual fee at all disclose it as $0 — so it is a baseline expectation rather than a distinguishing feature.

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 0.1%. The two halves of that fee cross at about $200: below it the flat $10 applies, above it the percentage does.

Balance transfers cost $5 or 4% of the amount transferred, whichever is greater up front and then accrue at 29.99%. On $1,000 that fee is about $40 before any interest is charged.

The filing sets a 3% foreign transaction fee, which adds roughly $90 to $3,000 spent outside the United States.

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

The downside terms

The maximum late fee is $15 — roughly the 11th percentile of the late fee ceilings disclosed across this index.

The no-interest path

Purchases carry a 25-day grace period: pay the statement in full inside it and the purchase rate never applies. That matches the 25-day median across the corpus almost exactly.

A minimum interest charge of $1.50 applies in any cycle where interest is due, which makes very small revolving balances disproportionately expensive.

Against the rest of First Bank & Trust's filings

This is one of 12 First Bank & Trust agreements collected here. The issuer's own range is 29.99%–34.74%. At 35.99%, this agreement is dearer than 7 of its siblings.

The limits of this document

This page cannot tell you penalty pricing, because the filing's disclosure table as read does not contain it.

An agreement filing is not a marketing document. Rewards, perks, welcome offers and eligibility rules are not in it, are not in this dataset, and are therefore not discussed anywhere on this page.

Where the authority sits

This summary stands or falls on the linked PDF — ten pages. Agreements are amended over time, and the filing reflects the terms as submitted rather than as they stand today.

In short

35.99% on purchases is the number that dominates this agreement. Paid in full each cycle it never applies; carried, it is among the dearer prices in this index.