Cardmember Agreement Rates and Fees Table

JPMORGAN Chase Bank's filed agreement for Cardmember Agreement Rates and Fees Table discloses a $95 annual fee and a 29.99% penalty rate.

The disclosed terms

This page covers the agreement JPMORGAN Chase Bank filed for Cardmember Agreement Rates and Fees Table. The filing runs 22 pages.

The disclosure covers a cash advance rate, a balance transfer rate, a penalty rate, an annual fee line and a late payment maximum. No figure appears for a purchase rate and a grace period.

Parsing confidence here is medium, so treat the figures as indicative of the filing rather than a substitute for it.

The downside terms

The agreement discloses penalty pricing of 29.99% — about the 61st percentile of the 794 penalty rates recorded across this index.

Late payments are capped at $40 under this filing, about the 72nd percentile of late fee maximums in the corpus.

What the card costs before you borrow

Holding the card costs $95 a year before any transaction takes place — about the 92nd percentile among agreements in this index that state a fee.

Cash advances carry a cash advance fee of $10 or 5% of the advance, whichever is greater and a cash advance APR of 28.49%.

Balance transfers cost $5 or 5% of the amount transferred, whichever is greater up front and then accrue at 19.74%. On $1,000 that fee is about $50 before any interest is charged.

Foreign transactions carry no fee. Only about 22% of the filings here that disclose a foreign transaction fee set it at zero, so this is a genuine point of difference.

The no-interest path

No minimum interest charge is imposed, so a cycle that accrues a few cents of interest is billed a few cents.

Inside JPMORGAN Chase Bank's filed lineup

JPMORGAN Chase Bank has 26 agreements indexed on this site.

Its $95 annual fee is higher than 9 of the 23 sibling filings that state one.

What the filing does not tell you

Absent from the captured terms: a purchase rate and a grace period. 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.

Go to the source

The filed PDF is linked from this page and runs 22 pages. It is the authority for every figure summarised above; where this page and the document disagree, the document is right.

In short

The $95 annual fee is charged regardless of use, so it is a cost that applies even to an account that never revolves. Extraction confidence here is not high, so the conclusions above are provisional on the PDF agreeing with them.