Tabular Foundation

On the record for Tabular Foundation 12 19 24: a 27.24% purchase APR and no annual fee, filed by Simmons Bank. That purchase rate ranks near the 66th percentile across this corpus of 4,587 filings.

The disclosed terms

Simmons Bank submitted the terms for Tabular Foundation 12 19 24 to the CFPB's agreement database; this is what they contain. It is issued on the Visa network and the filing runs two pages.

Terms captured from the document include a purchase rate, a cash advance rate, a balance transfer rate, an annual fee line and a late payment maximum. A penalty rate is not stated.

How the purchase rate compares

At 27.24%, the purchase APR falls at roughly the 66th percentile of the 2,280 filings indexed here, which sits in the more expensive half.

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

Carry $2,000 on this card for a year without paying it down and the purchase rate alone generates roughly $626 in interest.

The median purchase rate across the corpus is 21.99%; the same balance there would cost about $492. The gap — roughly $134 a year on $2,000 — is the price of this particular filing over a typical one.

Broken down to a single thirty-day cycle, the same balance accrues roughly $45.27.

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

Where the fees are

The annual fee is $0. Roughly 75% of filings here that state a fee state zero, so the absence of one is unremarkable in this market.

Cash advances carry a cash advance fee of $4 or 3% of the advance, whichever is greater and a cash advance APR of 28.24%. That is 1 points above the purchase rate. The grace period described below generally does not extend to cash advances, so interest on them usually begins immediately.

The transfer fee is a flat $0; transferred balances then run at 27.24%.

Spending abroad costs an extra 2% — about $60 on $3,000 of purchases, independent of interest.

Default pricing

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

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.

Against the rest of Simmons Bank's filings

There are 124 filings from Simmons Bank in this index. The issuer's own range is 18.25%–28.24%. At 27.24%, this agreement is dearer than 101 of its siblings.

114 of the issuer's other 118 disclosing filings are likewise fee-free.

What is outside the disclosure

The disclosure parsed here does not state penalty pricing. Those gaps are gaps in what could be read from the filing, and the PDF may well address them in prose the rate table does not capture.

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.

Where the authority sits

Everything here is a reading of the filed agreement, two 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 27.24% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers. Because there is no annual fee, everything depends on the revolving behaviour: used as a payment instrument and cleared monthly, this agreement costs nothing.