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 10.49%–18.49%, no annual fee, a six-month 0% opening period and a 5.74% penalty rate. Against the 4,587 filings on this site, that rate lands around the 39th percentile.

The disclosed terms

Glacier Bank - Spokane Branch submitted the terms for WEB ONLY Cardholder Agreement Platinum Visa to the CFPB's agreement database; this is what they contain. It is issued on the Visa network and the filing runs three pages.

The disclosure covers a purchase rate, a cash advance rate, a penalty rate, an annual fee line and a late payment maximum. It is silent on a balance transfer rate.

The interest-free window

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

Roughly 458 of the 4,587 filings indexed here disclose a zero-percent introductory rate, so this is a real feature of the document but not a rare one.

Once the introductory period ends the rate becomes 18.49%, which turns a lingering $1,000 balance into approximately $203 of annual interest.

Valued honestly, six months at zero on $1,000 avoids about $102 of interest compared with the go-to rate — the whole of what the promotion delivers.

The purchase rate in context

This is a tiered agreement: the filing discloses a purchase APR anywhere from 10.49% to 18.49%, 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.

Those two numbers occupy very different places in the corpus: roughly the 12th percentile at the bottom and the 39th at the top.

What the rate means in dollars

The purchase rate turns a $1,000 revolving balance into roughly $203 of annual interest.

A typical filing in this index would charge about $246 on that balance; this one is roughly $43 a year below it.

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.

Default pricing

A penalty APR of 5.74% sits in this filing, applied when the account falls into default as the agreement defines it. Against the 794 filings here that disclose one, that is roughly the 1st percentile.

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

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 $10 or 4% of the advance, whichever is greater and a cash advance APR of 26.99%. The premium over purchases is 8.5 percentage points. 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.

Spending abroad costs an extra 1% — about $15 on $1,500 of purchases, independent of interest.

The grace period

The filing gives 25 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest.

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

How it sits in the issuer's own range

There are 3 filings from Glacier Bank - Spokane Branch in this index. Pricing across this issuer's filings is uniform at 22.24% — the rate table does not distinguish one of its cards from another.

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

Everything here is a reading of the filed agreement, three pages of it, which is linked above and which governs. Terms also change between filings, so the date on the document matters.

In short

At 18.49% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers.