Voice Business Credit Card Terms and Conditions

The Voice Business Credit Card Terms and Conditions filing from Huntington National Bank, the sets out a purchase APR of 14.74%–25.74%, no annual fee and a 12-month 0% opening period. The purchase rate sits at roughly the 62nd 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 two pages.

On the record here: 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 interest-free window

A 12-month promotional period at 0% is on the record here — during it, qualifying balances cost nothing to carry.

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.

The go-to rate is 25.74%. Any balance still outstanding when the promotion lapses starts accruing at that figure — about $293 a year on $1,000.

Put the other way round, the 12-month zero rate is worth roughly $293 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.

Pricing the purchase rate

Rather than a single purchase rate, the document gives a band — 14.74% at the bottom, 25.74% at the top, 11 points wide. The agreement discloses the range without disclosing how an account is placed within it.

Those two numbers occupy very different places in the corpus: roughly the 31st percentile at the bottom and the 62nd at the top.

This is disclosed as a variable rate. The number above is a snapshot: it tracks an index, so it changes without the agreement being amended.

The cost of carrying a balance

Carry $2,000 on this card for a year without paying it down and the purchase rate alone generates roughly $587 in interest.

The median purchase rate across the corpus is 21.99%; the same balance there would cost about $492. The gap — roughly $95 a year on $2,000 — is the price of this particular filing over a typical one.

Broken down to a single thirty-day cycle, the same balance accrues roughly $42.75.

Note the $1 minimum interest charge, which overrides the arithmetic above whenever the calculated interest falls 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.

Grace period and minimum charge

Anyone clearing the statement balance inside 21 days pays no purchase interest at all under this filing. With a corpus median of 25 days, this window is narrower than the norm.

A minimum interest charge of $1 applies in any cycle where interest is due, which makes very small revolving balances disproportionately expensive.

Penalty pricing and late fees

On the fee side, a late payment can cost up to $39, which is around the 63rd percentile here.

Where the fees are

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.

For cash advances the filing discloses a cash advance APR of 27.74%. The premium over purchases is 2 percentage points.

The transfer fee is $10 or 3% of the amount transferred, whichever is greater; transferred balances then run at 20.74%. Shifting $3,000 across attracts something like $90 in fees on day one.

The issuer's other agreements

Huntington National Bank, the has 38 agreements indexed on this site. Their disclosed purchase rates run from 12.24% to 30.74%, and this one at 25.74% is more expensive than 8 of them.

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.

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.

The document itself

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

In short

The pricing here is middling by the standards of the index — 25.74% on purchases is near enough to typical. Because there is no annual fee, everything depends on the revolving behaviour: used as a payment instrument and cleared monthly, this agreement costs nothing.