Tabular Foundation

On the record for Tabular Foundation 11 03 22: a 26.74% purchase APR and no annual fee, filed by Simmons Bank. The purchase rate sits at roughly the 64th percentile of the 4,587 agreements indexed here.

What the document actually states

Simmons Bank submitted the terms for Tabular Foundation 11 03 22 to the CFPB's agreement database; this is what they contain. The filing runs two pages, and It is issued on the Visa network.

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

Where the purchase APR sits

26.74% puts the purchase APR near the 64th percentile across 2,280 agreements, so it is dearer than the typical filing.

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.

What a balance actually costs

Put $3,000 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $919.

A card priced at the corpus median of 21.99% would charge roughly $738 on that balance. This one charges about $182 more per year.

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.

Charges beyond interest

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.

For cash advances the filing discloses a cash advance fee of $4 or 3% of the advance, whichever is greater and a cash advance APR of 27.74%. Cash is therefore 1 points dearer than buying something with the card. $133 is the crossover point where the percentage overtakes the $4 minimum. Cash advances also tend to fall outside any grace period, which means interest typically starts on day one rather than at the end of a billing cycle.

Moving a balance onto this card carries an up-front charge of a flat $0, with the transferred balance priced at 26.74%.

Foreign transactions attract 2%. On $1,000 of overseas spending that is $20, charged on top of whatever exchange rate applies.

The downside terms

On the fee side, a late payment can cost up to $39, which is around the 63rd percentile here.

What you cannot learn from the filing

Absent from the captured terms: a grace period and penalty pricing. The original document is the place to look for any of these.

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.

How it sits in the issuer's own range

This is one of 124 Simmons Bank agreements collected here. The issuer's own range is 18.25%–28.24%. At 26.74%, this agreement is dearer than 98 of its siblings.

On fees, 114 of the 118 sibling filings that disclose an annual fee also set it at zero — this one is among them.

Go to the source

This summary stands or falls on the linked PDF — two pages. Agreements are amended over time, and the filing reflects the terms as submitted rather than as they stand today.

In short

26.74% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern. The absence of an annual fee means the rate is the only thing that can make this card expensive.