WEB ONLY Cardholder Agreement Platinum Visa

Glacier Bank - Spokane Branch's filed agreement for WEB ONLY Cardholder Agreement Platinum Visa discloses a purchase APR of 14.24%–22.24%, no annual fee, a six-month 0% opening period and a 5.74% penalty rate. That purchase rate ranks near the 51st percentile across this corpus of 4,587 filings.

What the agreement puts on the record

This page covers the agreement Glacier Bank - Spokane Branch filed for WEB ONLY Cardholder Agreement Platinum Visa. The filing runs three pages, and It is issued on the Visa network.

Terms captured from the document include a purchase rate, a cash advance rate, a penalty rate, an annual fee line and a late payment maximum. No figure appears for a balance transfer rate.

Zero percent, and then what

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.

What matters more than the promotion is the rate waiting behind it: 22.24%. A $1,000 balance that survives the promotional window costs roughly $249 a year from that point on.

Put the other way round, the six-month zero rate is worth roughly $124 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.

The purchase rate in context

This is a tiered agreement: the filing discloses a purchase APR anywhere from 14.24% to 22.24%, a spread of 8 percentage points. Which end of that band applies is set by the issuer at account opening and the filing does not say how.

Read against the index, the low end ranks around the 28th percentile and the high end around the 51st — the band straddles a wide stretch of the market this corpus describes.

What a balance actually costs

Put $5,000 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $1,245.

A card priced at the corpus median of 21.99% would charge roughly $1,229 on that balance. This one charges about $16 more per year.

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.

The fee structure

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.

Cash advances carry a cash advance fee of $10 or 4% of the advance, whichever is greater and a cash advance APR of 26.99%. The premium over purchases is 4.75 percentage points. Advances under roughly $250 are charged the flat $10; larger ones are charged 4%. The grace period described below generally does not extend to cash advances, so interest on them usually begins immediately.

Foreign transactions attract 1%. On $1,000 of overseas spending that is $10, charged on top of whatever exchange rate applies.

Paying in full

25 days is the disclosed grace period for purchases — the interval in which paying in full costs nothing. That matches the 25-day median across the corpus almost exactly.

The filing sets the minimum interest charge at zero — small balances are not rounded up to a floor.

What a missed payment costs

If the account defaults, the filing permits a rate of 5.74%. Among disclosing agreements here that ranks near the 1st percentile.

On the fee side, a late payment can cost up to $25, which is around the 32nd percentile here.

Inside Glacier Bank - Spokane Branch's filed lineup

This is one of 3 Glacier Bank - Spokane Branch agreements collected here. Their disclosed purchase rates run from 18.49% to 22.24%, and this one at 22.24% is more expensive than 1 of them.

What the filing does not tell you

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

In short

At 22.24% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers. The absence of an annual fee means the rate is the only thing that can make this card expensive.