Fnclr D 0525 (afti)

The Fnclr D 0525 (afti) filing from First National Bank sets out a 29.9% purchase APR and a $75 annual fee. The purchase rate sits at roughly the 72nd percentile of the 4,587 agreements indexed here.

On the face of the filing

Fnclr D 0525 (afti) is one of the agreements First National Bank has on file with the CFPB. The filing runs five pages, and It is issued on the Visa network.

On the record here: a purchase rate, a cash advance rate, an annual fee line, a late payment maximum and a grace period. A balance transfer rate, a penalty rate and a foreign transaction fee are not stated.

How the purchase rate compares

29.9% puts the purchase APR near the 72nd percentile across 2,280 agreements, so it sits in the more expensive half.

Translating the rate into money

The purchase rate turns a $3,000 revolving balance into roughly $1,045 of annual interest.

Against the corpus median of 21.99%, that is approximately $307 a year of extra interest on the same $3,000.

Broken down to a single thirty-day cycle, the same balance accrues roughly $74.61.

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

Holding the card costs $75 a year before any transaction takes place — about the 90th percentile among agreements in this index that state a fee.

For cash advances the filing discloses a cash advance fee of 2% and a cash advance APR of 29.9%. The grace period described below generally does not extend to cash advances, so interest on them usually begins immediately.

What a missed payment costs

The maximum late fee is $25 — roughly the 32nd percentile of the late fee ceilings disclosed across this index.

Grace period and minimum charge

25 days is the disclosed grace period for purchases — the interval in which paying in full costs nothing.

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. Their disclosed purchase rates run from 18.4% to 29.9%, and this one at 29.9% is more expensive than 2 of them.

Among the issuer's other filings that disclose a fee, 6 of 9 come in below this card's $75.

What you cannot learn from the filing

Absent from the captured terms: balance transfer terms, a foreign transaction fee and penalty pricing. The original document is the place to look for any of these.

What this analysis can address is bounded by the filing: rates, fees and the terms around them. Everything a card issuer might advertise — rewards, benefits, bonuses, who qualifies — falls outside the document and outside this review.

The document itself

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

In short

29.9% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern. Note that the $75 annual fee falls due whether the card is used or not.