MFCA Consumer Signature

Midfirst Bank's filed agreement for MFCA Consumer Signature 03312026 discloses a purchase APR of 17.49%–23.49% and a 12-month 0% opening period. That purchase rate ranks near the 55th percentile across this corpus of 4,587 filings.

On the face of the filing

Midfirst Bank filed this agreement for MFCA Consumer Signature 03312026 with the Consumer Financial Protection Bureau. The filing runs 14 pages.

On the record here: a purchase rate, a cash advance rate, a balance transfer rate, a late payment maximum and a foreign transaction fee. No figure appears for a penalty rate and an annual fee line.

The promotional period

The filing discloses a 0% introductory rate running 12 months. For that window, balances covered by the promotion accrue no interest at all.

About 458 agreements in this corpus carry a zero-percent opening rate; this is one of them.

Once the introductory period ends the rate becomes 23.49%, which turns a lingering $2,500 balance into approximately $662 of annual interest.

The promotional window is therefore worth something on the order of $662 on $2,500, measured against the same balance priced at the standard rate for the same period.

Where the purchase APR sits

Purchases price between 17.49% and 23.49% under this filing. The 6-point gap between the two is material, and nothing in the agreement indicates where a given account would land.

Read against the index, the low end ranks around the 47th percentile and the high end around the 55th — the band straddles a wide stretch of the market this corpus describes.

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.

This figure is the post-promotional rate. The introductory pricing is handled separately further down.

What a balance actually costs

At the disclosed purchase APR, $2,500 revolving for a full year costs something like $662 in interest.

The median purchase rate across the corpus is 21.99%; the same balance there would cost about $615. The gap — roughly $47 a year on $2,500 — is the price of this particular filing over a typical one.

These figures are arithmetic on the disclosed rate, not a quote: they assume the balance is never reduced, ignore any payments, and take no account of fees charged separately.

What the card costs before you borrow

Taking cash against the card means a cash advance fee of $10 or 5% of the advance, whichever is greater and a cash advance APR of 24.99%. Cash is therefore 1.5 points dearer than buying something with the card. Advances under roughly $200 are charged the flat $10; larger ones are charged 5%. The grace period described below generally does not extend to cash advances, so interest on them usually begins immediately.

The transfer fee is $10 or 3% of the amount transferred, whichever is greater; transferred balances then run at 17.49%. Transferring $2,000 would cost roughly $60 at the door.

Foreign transactions attract 3%. On $1,500 of overseas spending that is $45, charged on top of whatever exchange rate applies.

That is at the high end of this corpus — around the 91st percentile of disclosed foreign transaction fees.

When a payment is late

On the fee side, a late payment can cost up to $24.50, which is around the 20th percentile here.

The grace period

The filing gives 25 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest. That matches the 25-day median across the corpus almost exactly.

Inside Midfirst Bank's filed lineup

There are 7 filings from Midfirst Bank in this index. Their disclosed purchase rates run from 21.49% to 23.49%, and this one at 23.49% is more expensive than 5 of them.

The limits of this document

Absent from the captured terms: an annual fee and penalty pricing. 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.

Where the authority sits

The filed PDF is linked from this page and runs 14 pages. It is the authority for every figure summarised above; where this page and the document disagree, the document is right.

In short

At 23.49% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers.