Tabular Red Rewards Visa

Simmons Bank's filed agreement for Tabular Red Rewards Visa 10 30 25 discloses a purchase APR of 16%–24%, no annual fee and a 12-month 0% opening period. Against the 4,587 filings on this site, that rate lands around the 58th percentile.

What this filing discloses

What follows is drawn entirely from Simmons Bank's CFPB filing for Tabular Red Rewards Visa 10 30 25. It is issued on the Visa network and the filing runs four pages.

The disclosure covers 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.

What the promotional rate is worth

The filing discloses a 0% introductory rate running 12 months. For that window, balances covered by the promotion accrue no interest at all.

About 458 agreements in this corpus carry a zero-percent opening rate; this is one of them.

The go-to rate is 24%. Any balance still outstanding when the promotion lapses starts accruing at that figure — about $271 a year on $1,000.

The promotional window is therefore worth something on the order of $271 on $1,000, measured against the same balance priced at the standard rate for the same period.

How the purchase rate compares

This is a tiered agreement: the filing discloses a purchase APR anywhere from 16% to 24%, a spread of 8 percentage points. Which end of that band applies is set by the issuer at account opening and the filing does not say how.

Those two numbers occupy very different places in the corpus: roughly the 39th percentile at the bottom and the 58th at the top.

Because the rate is variable, the figure quoted is tied to an index and will drift with it. Nothing here is a fixed commitment.

What a balance actually costs

Put $4,000 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $1,085.

A card priced at the corpus median of 21.99% would charge roughly $983 on that balance. This one charges about $101 more per year.

Broken down to a single thirty-day cycle, the same balance accrues roughly $79.66.

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

The no-interest path

25 days is the disclosed grace period for purchases — the interval in which paying in full costs nothing.

What a missed payment costs

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

Where the fees are

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.

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 20%. $133 is the crossover point where the percentage overtakes the $4 minimum.

The filing discloses a 16% balance transfer rate without an accompanying fee figure.

Foreign transactions attract 2%. On $3,000 of overseas spending that is $60, charged on top of whatever exchange rate applies.

Against the rest of Simmons Bank's filings

There are 124 filings from Simmons Bank in this index. Across that lineup purchase rates span 18.25% to 28.24%; this filing's 24% sits above 49 of the comparable ones.

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

The limits of this document

Absent from the captured terms: 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.

Reading the agreement yourself

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

In short

The pricing here is middling by the standards of the index — 24% on purchases is near enough to typical.