Tabular Foundation

The Tabular Foundation 2 02 23 filing from Simmons Bank sets out a 27.49% purchase APR and no annual fee. The purchase rate sits at roughly the 66th percentile of the 4,587 agreements indexed here.

What the document actually states

Simmons Bank filed this agreement for Tabular Foundation 2 02 23 with the Consumer Financial Protection Bureau. 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. It is silent on a penalty rate and a grace period.

How the purchase rate compares

Set beside the rest of the index, the purchase APR of 27.49% lands at the 66th percentile; 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.

The cost of carrying a balance

The purchase rate turns a $1,200 revolving balance into roughly $380 of annual interest.

The median purchase rate across the corpus is 21.99%; the same balance there would cost about $295. The gap — roughly $84 a year on $1,200 — is the price of this particular filing over a typical one.

Per statement cycle that is on the order of $27.41 on $1,200, which is the number that actually shows up on a bill.

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.

What the card costs before you borrow

No annual fee appears in the filing, in line with the roughly 75% of disclosing agreements in this index that charge nothing to hold the card.

Cash advances carry a cash advance fee of $4 or 3% of the advance, whichever is greater and a cash advance APR of 28.49%. Cash is therefore 1 points dearer than buying something with the card. The two halves of that fee cross at about $133: below it the flat $4 applies, above it the percentage does.

Moving a balance onto this card carries an up-front charge of a flat $0, with the transferred balance priced at 27.49%.

The filing sets a 2% foreign transaction fee, which adds roughly $60 to $3,000 spent outside the United States.

Default pricing

The maximum late fee is $39 — roughly the 63rd percentile of the late fee ceilings disclosed across this index.

Against the rest of Simmons Bank's filings

This is one of 124 Simmons Bank agreements collected here. Across that lineup purchase rates span 18.25% to 28.24%; this filing's 27.49% sits above 107 of the comparable ones.

What is outside the disclosure

This page cannot tell you a grace period and penalty pricing, because the filing's disclosure table as read does not contain them.

An agreement filing is not a marketing document. Rewards, perks, welcome offers and eligibility rules are not in it, are not in this dataset, and are therefore not discussed anywhere on this page.

Go to the source

The filed PDF is linked from this page and runs two pages. It is the authority for every figure summarised above; where this page and the document disagree, the document is right.

In short

27.49% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern.