Rewards Cardmember Agreement fcb com

Rewards Cardmember Agreement fcb com 260105, as filed by First Commonwealth Bank, carries a purchase APR of 15.49%–18.49%, no annual fee and a six-month 0% opening period. Against the 4,587 filings on this site, that rate lands around the 39th percentile.

The disclosed terms

Rewards Cardmember Agreement fcb com 260105 is one of the agreements First Commonwealth Bank has on file with the CFPB. The filing runs 14 pages.

The filing is explicit about 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.

Zero percent, and then what

The filing discloses a 0% introductory rate running six months. For that window, balances covered by the promotion accrue no interest at all.

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 18.49% purchase rate. On $2,500 that is in the region of $508 a year once the window closes.

The promotional window is therefore worth something on the order of $254 on $2,500, measured against the same balance priced at the standard rate for the same period.

How the purchase rate compares

The purchase APR is quoted as a range of 15.49% to 18.49%. That 3-point spread is the whole of what the filing commits to; the method for assigning a rate inside it is not in the document.

Read against the index, the low end ranks around the 36th percentile and the high end around the 39th — the band straddles a wide stretch of the market this corpus describes.

What the rate means in dollars

Put $1,000 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $203.

Measured against the 21.99% corpus median, the same $1,000 costs approximately $43 less per year here.

Per statement cycle that is on the order of $15.31 on $1,000, which is the number that actually shows up on a bill.

That maths assumes a static balance and nothing else — no payments, no additional purchases, no fees folded in.

What the card costs before you borrow

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%. That is 16.51 points above the purchase rate.

The filing discloses a 35% balance transfer rate without an accompanying fee figure.

Spending abroad costs an extra 3% — about $150 on $5,000 of purchases, independent of interest.

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

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.

What a missed payment costs

Late payments are capped at $25 under this filing, about the 32nd percentile of late fee maximums in the corpus.

Inside First Commonwealth Bank's filed lineup

18 separate First Commonwealth Bank filings appear in the corpus. The issuer's own range is 18.49%–19.99%. At 18.49%, this agreement is dearer than 0 of its siblings.

On fees, 14 of the 17 sibling filings that disclose an annual fee also set it at zero — this one is among them.

What is outside the disclosure

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.

Go to the source

The filed PDF is linked from this page and runs 14 pages. It is the authority for every figure summarised above; where this page and the document disagree, the document is right.

In short

18.49% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern. The absence of an annual fee means the rate is the only thing that can make this card expensive.