Tabular Red Rewards Visa

Simmons Bank's filed agreement for Tabular Red Rewards Visa 4 29 26 discloses a purchase APR of 15.75%–23.75%, no annual fee and a 12-month 0% opening period. Against the 4,587 filings on this site, that rate lands around the 56th percentile.

On the face of the filing

Simmons Bank filed this agreement for Tabular Red Rewards Visa 4 29 26 with the Consumer Financial Protection Bureau. It is issued on the Visa network and the filing runs four pages.

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.

Zero percent, and then what

This agreement opens at 0% for 12 months, the only period in the document where carrying a balance is free.

Roughly 458 of the 4,587 filings indexed here disclose a zero-percent introductory rate, so this is a real feature of the document but not a rare one.

Once the introductory period ends the rate becomes 23.75%, which turns a lingering $3,000 balance into approximately $804 of annual interest.

The promotional window is therefore worth something on the order of $804 on $3,000, measured against the same balance priced at the standard rate for the same period.

Pricing the purchase rate

Rather than a single purchase rate, the document gives a band — 15.75% at the bottom, 23.75% at the top, 8 points wide. The agreement discloses the range without disclosing how an account is placed within it.

The floor of that band sits at about the 38th percentile of filed purchase rates; the ceiling sits at about the 56th. In corpus terms the same card can be cheap or expensive depending on how it is priced.

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.

The cost of carrying a balance

Carry $2,500 on this card for a year without paying it down and the purchase rate alone generates roughly $670 in interest.

On a median-priced agreement from this index (21.99%) the same $2,500 would run about $615 a year, so this card costs in the region of $55 more annually for the identical balance.

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

Charges beyond interest

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.

Taking cash against the card means a cash advance fee of $4 or 3% of the advance, whichever is greater and a cash advance APR of 19.75%. The two halves of that fee cross at about $133: below it the flat $4 applies, above it the percentage does. The grace period described below generally does not extend to cash advances, so interest on them usually begins immediately.

Transferred balances are priced at 15.75%; no separate transfer fee was captured from the filing.

Spending abroad costs an extra 2% — about $30 on $1,500 of purchases, independent of interest.

The downside terms

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

The grace period

The filing gives 25 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest.

How it sits in the issuer's own range

Simmons Bank has 124 agreements indexed on this site. The issuer's own range is 18.25%–28.24%. At 23.75%, this agreement is dearer than 43 of its siblings.

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

The limits of this document

This page cannot tell you penalty pricing, because the filing's disclosure table as read does not contain it.

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.

The document itself

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

In short

The pricing here is middling by the standards of the index — 23.75% on purchases is near enough to typical. The absence of an annual fee means the rate is the only thing that can make this card expensive.