Fn75mf D 0724 (afti)

First National Bank's filed agreement for Fn75mf D 0724 (afti) discloses a 29.9% purchase APR and a $75 annual fee. That purchase rate ranks near the 72nd percentile across this corpus of 4,587 filings.

What the document actually states

First National Bank filed this agreement for Fn75mf D 0724 (afti) with the Consumer Financial Protection Bureau. The filing runs five pages, and It is issued on the Visa network.

The filing is explicit about a purchase rate, a cash advance rate, an annual fee line, a late payment maximum and a grace period. It is silent on a balance transfer rate, a penalty rate and a foreign transaction fee.

Pricing the purchase rate

The purchase APR of 29.9% places this agreement around the 72nd percentile of the set — it runs above the midpoint of the corpus.

Translating the rate into money

Put $2,500 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $871.

A card priced at the corpus median of 21.99% would charge roughly $615 on that balance. This one charges about $256 more per year.

These figures are arithmetic on the disclosed rate, not a quote: they assume the balance is never reduced, ignore any payments, and take no account of fees charged separately.

When a payment is late

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

Charges beyond interest

The annual fee is $75, charged whether or not the card is used. Against the filings here that disclose a fee, that sits at roughly the 90th percentile.

One way to size that fee: at the card's own purchase rate of 29.9%, $75 is roughly the interest a balance of about $251 would generate in a year. The fee is a fixed cost that behaves like perpetual interest on that much debt.

Taking cash against the card means a cash advance fee of 2% and a cash advance APR of 29.9%. Cash advances also tend to fall outside any grace period, which means interest typically starts on day one rather than at the end of a billing cycle.

Grace period and minimum charge

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.

No minimum interest charge is imposed, so a cycle that accrues a few cents of interest is billed a few cents.

Inside First National Bank's filed lineup

This is one of 10 First National Bank agreements collected here. Across that lineup purchase rates span 18.4% to 29.9%; this filing's 29.9% sits above 2 of the comparable ones.

The limits of this document

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

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 original filing, 5 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

The pricing here is middling by the standards of the index — 29.9% on purchases is near enough to typical. The $75 annual fee is charged regardless of use, so it is a cost that applies even to an account that never revolves.