Retail Charge Agreement DC17 W

Retail Charge Agreement DC17 W, as filed by Preferred Credit, carries a 17.99% purchase APR. Against the 4,587 filings on this site, that rate lands around the 28th percentile.

The disclosed terms

Preferred Credit submitted the terms for Retail Charge Agreement DC17 W to the CFPB's agreement database; this is what they contain. The filing runs five pages.

The disclosure covers a purchase rate and a grace period. It is silent on a cash advance rate, a balance transfer rate and a penalty rate.

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

Where the purchase APR sits

Measured against every other filing on the site, 17.99% is about the 28th percentile for purchase APR; it sits below the middle of the distribution.

The cost of carrying a balance

Carry $1,200 on this card for a year without paying it down and the purchase rate alone generates roughly $236 in interest.

The corpus median purchase rate is 21.99%, which on the same $1,200 would cost about $295 a year. This filing saves roughly $59 annually against that benchmark.

Month to month it reads as about $17.87 per cycle on that balance.

Small balances do not get a proportionally small bill — the agreement imposes a $0.50 minimum interest charge in any month where interest applies.

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.

The no-interest path

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.

Where interest applies at all, the filing bills at least $0.50. On a tiny balance that floor can dwarf the rate itself.

Inside Preferred Credit's filed lineup

Preferred Credit has 124 agreements indexed on this site. Across that lineup purchase rates span 17.99% to 21.99%; this filing's 17.99% sits above 0 of the comparable ones.

What you cannot learn from the filing

This page cannot tell you anything about cash advances, balance transfer terms, an annual fee and a foreign transaction fee, because the filing's disclosure table as read does not contain them.

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.

The document itself

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

In short

17.99% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern. All of this rests on figures read from the filing with less than full confidence, which is reason enough to check the document before relying on any of it.