Disclosed rates and fees
Every figure below was read from this issuer's filed agreement. Anything the filing does not state is left out of this table rather than shown as zero.
| Purchase APR | 16.24%–27.24% (variable) |
|---|---|
| Introductory APR | 0% for 12 months |
| Balance transfer APR | 20.74% |
| Cash advance APR | 29.24% |
| Annual fee | $0 |
| Late payment fee | up to $39 |
| Balance transfer fee | The greater of $10.00 or 3% of the amount of each |
| Grace period | 21 days |
| Minimum interest charge | $1 |
Analysis
On the record for Voice Business Credit Card Terms and Conditions: a purchase APR of 16.24%–27.24%, no annual fee and a 12-month 0% opening period, filed by Huntington National Bank, the. The purchase rate sits at roughly the 66th percentile of the 4,587 agreements indexed here.
The disclosed terms
Huntington National Bank, the submitted the terms for Voice Business Credit Card Terms and Conditions to the CFPB's agreement database; this is what they contain. The filing runs 16 pages.
The disclosure covers a purchase rate, a cash advance rate, a balance transfer rate, an annual fee line and a late payment maximum. It is silent on a penalty rate and a foreign transaction fee.
The promotional period
A 12-month promotional period at 0% is on the record here — during it, qualifying balances cost nothing to carry.
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: 27.24%. A $5,000 balance that survives the promotional window costs roughly $1,565 a year from that point on.
The promotional window is therefore worth something on the order of $1,565 on $5,000, measured against the same balance priced at the standard rate for the same period.
The purchase rate in context
Rather than a single purchase rate, the document gives a band — 16.24% at the bottom, 27.24% at the top, 11 points wide. The agreement discloses the range without disclosing how an account is placed within it.
The floor of that band sits at about the 40th percentile of filed purchase rates; the ceiling sits at about the 66th. In corpus terms the same card can be cheap or expensive depending on how it is priced.
The agreement labels the purchase rate variable, so the quoted figure reflects the index at the time of filing rather than a locked-in price.
The arithmetic of revolving
The purchase rate turns a $2,000 revolving balance into roughly $626 of annual interest.
Against the corpus median of 21.99%, that is approximately $134 a year of extra interest on the same $2,000.
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.
Charges beyond interest
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.
For cash advances the filing discloses a cash advance APR of 29.24%. Cash is therefore 2 points dearer than buying something with the card. 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.
Moving a balance onto this card carries an up-front charge of $10 or 3% of the amount transferred, whichever is greater, with the transferred balance priced at 20.74%. Shifting $3,000 across attracts something like $90 in fees on day one.
Default pricing
On the fee side, a late payment can cost up to $39, which is around the 63rd percentile here.
The no-interest path
Purchases carry a 21-day grace period: pay the statement in full inside it and the purchase rate never applies. That is shorter than the 25-day corpus median.
The $1 minimum interest charge means the effective cost of carrying a very small balance is far higher than the quoted APR implies.
Against the rest of Huntington National Bank, the's filings
Huntington National Bank, the has 38 agreements indexed on this site. The issuer's own range is 12.24%–30.74%. At 27.24%, this agreement is dearer than 21 of its siblings.
33 of the issuer's other 34 disclosing filings are likewise fee-free.
What you cannot learn from the filing
Absent from the captured terms: a foreign transaction fee and penalty pricing. The original document is the place to look for any of these.
More broadly, a CFPB agreement filing is a legal and pricing document. It does not describe rewards, benefits, sign-up offers, eligibility or approval criteria, and nothing of that kind has been inferred on this page. Where a card has features of that sort, they live outside this document entirely.
Where the authority sits
Everything here is a reading of the filed agreement, 16 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 27.24% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers. Because there is no annual fee, everything depends on the revolving behaviour: used as a payment instrument and cleared monthly, this agreement costs nothing.
The source document
This page is a reading of one document: the cardholder agreement Huntington National Bank, the filed with the Consumer Financial Protection Bureau. Where the two disagree, the filing is correct and this page is wrong.
Applications are handled by Huntington National Bank, the, not by us. We do not take applications and cannot say whether you would be approved.
Other cards from Huntington National Bank, the
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cashback agree
Agreement filed with the CFPB
- Purchase APR
- 13.49%–27.49%
- Annual fee
- $0
- Intro APR
- 0%
-
Huntington Cash Back Credit Card Pricing Schedule
Agreement filed with the CFPB
- Purchase APR
- 15.49%–27.49%
- Annual fee
- $0
- Intro APR
- 0%
-
Huntington Voice Credit Card Pricing Schedule
Agreement filed with the CFPB
- Purchase APR
- 15.49%–27.49%
- Annual fee
- $10
- Intro APR
- 0%
-
Voice Credit Card Terms and Conditions
Agreement filed with the CFPB
- Purchase APR
- 13.49%–27.49%
- Annual fee
- $0
- Intro APR
- 0%
Where this card sits
Groups this agreement qualifies for, by its own disclosed terms:
Comparable cards from other issuers
Closest disclosed purchase APR among cards in the same groups.