Pricing Addendum EE NY04 R

On the record for Pricing Addendum EE NY04 R: a 21.99% purchase APR, filed by Preferred Credit. Against the 4,587 filings on this site, that rate lands around the 49th percentile.

What the agreement puts on the record

The document behind this page is Preferred Credit's filed agreement for Pricing Addendum EE NY04 R. The filing runs one page.

On the record here: a purchase rate, a late payment maximum and a grace period. It is silent on a cash advance rate, a balance transfer rate and a penalty rate.

These figures carry medium extraction confidence — they are reproduced as read from the filing, which remains the authority.

Where the purchase APR sits

Measured against every other filing on the site, 21.99% is about the 49th percentile for purchase APR; it lands near the median.

The cost of carrying a balance

At the disclosed purchase APR, $2,500 revolving for a full year costs something like $615 in interest.

With the corpus median at 21.99%, the cost is effectively indistinguishable from the typical agreement here.

Per statement cycle that is on the order of $45.58 on $2,500, which is the number that actually shows up on a bill.

Small balances do not get a proportionally small bill — the agreement imposes a $0.70 minimum interest charge in any month where interest applies.

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

Default pricing

Late payments are capped at $20 under this filing, about the 17th percentile of late fee maximums in the corpus.

Paying in full

The filing gives 25 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest.

A minimum interest charge of $0.70 applies in any cycle where interest is due, which makes very small revolving balances disproportionately expensive.

Inside Preferred Credit's filed lineup

There are 124 filings from Preferred Credit in this index. Across that lineup purchase rates span 17.99% to 21.99%; this filing's 21.99% sits above 84 of the comparable ones.

What is outside the disclosure

Absent from the captured terms: anything about cash advances, balance transfer terms, an annual fee and a foreign transaction fee. The original document is the place to look for any of these.

It is worth being explicit about scope: these filings record terms and pricing. They say nothing about rewards programmes, cardholder benefits, promotional offers or who the issuer will approve, and this review does not speculate about any of it.

Where the authority sits

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

In short

21.99% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern. Given the parsing confidence on this filing, read the agreement itself before treating any of these figures as settled.