Consumer Platinum Rewards MasterCard Disclosures

Pinnacle Bank's filed agreement for Consumer Platinum Rewards MasterCard Disclosures discloses a purchase APR of 13.24%–19.24% and no annual fee. That purchase rate ranks near the 41st percentile across this corpus of 4,587 filings.

What this filing discloses

What follows is drawn entirely from Pinnacle Bank's CFPB filing for Consumer Platinum Rewards MasterCard Disclosures. It is issued on the Mastercard network and the filing runs three pages.

The filing is explicit about 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.

How the purchase rate compares

This is a tiered agreement: the filing discloses a purchase APR anywhere from 13.24% to 19.24%, a spread of 6 percentage points. Which end of that band applies is set by the issuer at account opening and the filing does not say how.

The floor of that band sits at about the 24th percentile of filed purchase rates; the ceiling sits at about the 41st. In corpus terms the same card can be cheap or expensive depending on how it is priced.

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.

What a balance actually costs

At the disclosed purchase APR, $1,000 revolving for a full year costs something like $212 in interest.

Measured against the 21.99% corpus median, the same $1,000 costs approximately $34 less per year here.

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

That maths assumes a static balance and nothing else — no payments, no additional purchases, no fees folded in.

The no-interest path

Anyone clearing the statement balance inside 25 days pays no purchase interest at all under this filing. That matches the 25-day median across the corpus almost exactly.

The $1 minimum interest charge means the effective cost of carrying a very small balance is far higher than the quoted APR implies.

When a payment is late

The maximum late fee is $35 — roughly the 54th percentile of the late fee ceilings disclosed across this index.

The fee structure

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.

Cash advances carry a cash advance fee of $10 or 4% of the advance, whichever is greater and a cash advance APR of 21%. The premium over purchases is 1.76 percentage points.

The transfer fee is $10 or 3% of the amount transferred, whichever is greater; transferred balances then run at 13.24%. On $3,000 that fee is about $90 before any interest is charged.

The filing sets a 1.5% foreign transaction fee, which adds roughly $75 to $5,000 spent outside the United States.

How it sits in the issuer's own range

10 separate Pinnacle Bank filings appear in the corpus. The issuer's own range is 17.24%–18.75%. At 19.24%, this agreement is dearer than 2 of its siblings.

What you cannot learn from the filing

This page cannot tell you penalty pricing, because the filing's disclosure table as read does not contain it.

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.

Go to the source

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 19.24% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers.