Credit Card Application (33936 0)

On the record for Credit Card Application (33936 0): a 21.49% purchase APR, no annual fee and a 12-month 0% opening period, filed by First Financial Bank. That purchase rate ranks near the 47th percentile across this corpus of 4,587 filings.

What the agreement puts on the record

Credit Card Application (33936 0) is one of the agreements First Financial Bank has on file with the CFPB. The filing runs eight pages.

The disclosure covers 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 and a foreign transaction fee.

What the promotional rate is worth

This agreement opens at 0% for 12 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.

What matters more than the promotion is the rate waiting behind it: 21.49%. A $1,000 balance that survives the promotional window costs roughly $240 a year from that point on.

Put the other way round, the 12-month zero rate is worth roughly $240 on a $1,000 balance relative to paying the go-to rate from day one — a real figure, but one that only materialises for someone who was going to carry that balance anyway.

How the purchase rate compares

The purchase APR of 21.49% places this agreement around the 47th percentile of the set — it lands near the median.

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

What a balance actually costs

At the disclosed purchase APR, $3,000 revolving for a full year costs something like $719 in interest.

Measured against the 21.99% corpus median, the same $3,000 costs approximately $19 less per year here.

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.

What the card costs before you borrow

The annual fee is $0. Roughly 75% of filings here that state a fee state zero, so the absence of one is unremarkable in this market.

Taking cash against the card means a cash advance fee of $10 or 2% of the advance, whichever is greater and a cash advance APR of 21.49%. The two halves of that fee cross at about $500: below it the flat $10 applies, above it the percentage does.

Moving a balance onto this card carries an up-front charge of $10 or 2% of the amount transferred, whichever is greater, with the transferred balance priced at 8.74%. Shifting $1,000 across attracts something like $20 in fees on day one.

Penalty pricing and late fees

The maximum late fee is $39 — roughly the 63rd percentile of the late fee ceilings disclosed across this index.

The no-interest path

27 days is the disclosed grace period for purchases — the interval in which paying in full costs nothing. The median across this index is 25 days, so this filing is more generous than most.

The limits of this document

This page cannot tell you a foreign transaction fee and penalty pricing, because the filing's disclosure table as read does not contain them.

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.

How it sits in the issuer's own range

There are 5 filings from First Financial Bank in this index. Across that lineup purchase rates span 21.49% to 22.49%; this filing's 21.49% sits above 0 of the comparable ones.

Where the authority sits

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

In short

The pricing here is middling by the standards of the index — 21.49% on purchases is near enough to typical. With no annual fee, the cost of the account is entirely a function of whether a balance is carried.