Tabular Signature

The Tabular Signature 11 2 23 filing from Simmons Bank sets out a purchase APR of 17.5%–25.5%, no annual fee and a 12-month 0% opening period. The purchase rate sits at roughly the 62nd percentile of the 4,587 agreements indexed here.

The disclosed terms

The document behind this page is Simmons Bank's filed agreement for Tabular Signature 11 2 23. The filing runs one page, and It is issued on the Visa network.

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. No figure appears for a penalty rate.

The promotional period

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.

What matters more than the promotion is the rate waiting behind it: 25.5%. A $1,000 balance that survives the promotional window costs roughly $290 a year from that point on.

The promotional window is therefore worth something on the order of $290 on $1,000, measured against the same balance priced at the standard rate for the same period.

The purchase rate in context

Rather than a single purchase rate, the document gives a band — 17.5% at the bottom, 25.5% 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 47th percentile of filed purchase rates; the ceiling sits at about the 62nd. In corpus terms the same card can be cheap or expensive depending on how it is priced.

The filing marks this rate as variable, which means it moves with the index the agreement names rather than staying where it is quoted today.

What a balance actually costs

A $1,200 balance left untouched for twelve months accrues about $348 in interest at this purchase rate.

The median purchase rate across the corpus is 21.99%; the same balance there would cost about $295. The gap — roughly $53 a year on $1,200 — is the price of this particular filing over a typical one.

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

The downside terms

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

Charges beyond interest

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 21.5%. Advances under roughly $133 are charged the flat $4; larger ones are charged 3%.

Transferred balances are priced at 17.5%; no separate transfer fee was captured from the filing.

Spending abroad costs an extra 2% — about $100 on $5,000 of purchases, independent of interest.

Paying in full

The filing gives 25 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest. That matches the 25-day median across the corpus almost exactly.

The issuer's other agreements

There are 124 filings from Simmons Bank in this index. Across that lineup purchase rates span 18.25% to 28.24%; this filing's 25.5% sits above 80 of the comparable ones.

What the filing does not tell you

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

It is worth being explicit about scope: these filings record terms and pricing. They say nothing about rewards programmes, cardholder benefits, promotional offers or who the issuer will approve, and this review does not speculate about any of it.

Reading the agreement yourself

The original filing, 1 page long, is linked on this page and should be read before any figure here is acted on. It is also a snapshot: issuers refile as terms change.

In short

The pricing here is middling by the standards of the index — 25.5% on purchases is near enough to typical. With no annual fee, the cost of the account is entirely a function of whether a balance is carried.