Rewards Cardmember Agreement fcb com

On the record for Rewards Cardmember Agreement fcb com 241010: a purchase APR of 16.74%–19.74%, no annual fee and a six-month 0% opening period, filed by First Commonwealth Bank. That purchase rate ranks near the 41st percentile across this corpus of 4,587 filings.

What this filing discloses

The document behind this page is First Commonwealth Bank's filed agreement for Rewards Cardmember Agreement fcb com 241010. The filing runs 14 pages.

On the record here: a purchase rate, a cash advance rate, a balance transfer rate, an annual fee line and a late payment maximum. No figure appears for a penalty rate.

What the promotional rate is worth

This agreement opens at 0% for six months, the only period in the document where carrying a balance is free.

About 458 agreements in this corpus carry a zero-percent opening rate; this is one of them.

The go-to rate is 19.74%. Any balance still outstanding when the promotion lapses starts accruing at that figure — about $218 a year on $1,000.

Valued honestly, six months at zero on $1,000 avoids about $109 of interest compared with the go-to rate — the whole of what the promotion delivers.

The purchase rate in context

Purchases price between 16.74% and 19.74% under this filing. The 3-point gap between the two is material, and nothing in the agreement indicates where a given account would land.

The floor of that band sits at about the 42nd percentile of filed purchase rates; the ceiling sits at about the 41st. In corpus terms the same card can be cheap or expensive depending on how it is priced.

The arithmetic of revolving

A $3,000 balance left untouched for twelve months accrues about $654 in interest at this purchase rate.

A typical filing in this index would charge about $738 on that balance; this one is roughly $83 a year 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.

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 $5 or 3% of the advance, whichever is greater and a cash advance APR of 35%. Cash is therefore 15.26 points dearer than buying something with the card. Advances under roughly $167 are charged the flat $5; larger ones are charged 3%. The grace period described below generally does not extend to cash advances, so interest on them usually begins immediately.

Transferred balances are priced at 35%; no separate transfer fee was captured from the filing.

The filing sets a 3% foreign transaction fee, which adds roughly $45 to $1,500 spent outside the United States.

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

Penalty pricing and late fees

$25 is the disclosed ceiling on a late payment fee, placing it near the 32nd percentile of the set.

The grace period

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

Against the rest of First Commonwealth Bank's filings

This is one of 18 First Commonwealth Bank agreements collected here. Across that lineup purchase rates span 18.49% to 19.99%; this filing's 19.74% sits above 2 of the comparable ones.

14 of the issuer's other 17 disclosing filings are likewise fee-free.

What you cannot learn from the filing

This page cannot tell you penalty pricing, 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.

Reading the agreement yourself

The original filing, 14 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

At 19.74% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers.