Tabular Signature

On the record for Tabular Signature 3 18 26: a purchase APR of 15.75%–23.75%, no annual fee and a 12-month 0% opening period, filed by Simmons Bank. The purchase rate sits at roughly the 56th percentile of the 4,587 agreements indexed here.

On the face of the filing

This page covers the agreement Simmons Bank filed for Tabular Signature 3 18 26. The filing runs four pages, and It is issued on the Visa network.

The filing is explicit about 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.

The interest-free window

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

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

The go-to rate is 23.75%. Any balance still outstanding when the promotion lapses starts accruing at that figure — about $804 a year on $3,000.

Put the other way round, the 12-month zero rate is worth roughly $804 on a $3,000 balance relative to paying the go-to rate from day one — a real figure, but one that only materialises for someone who was going to carry that balance anyway.

How the purchase rate compares

The purchase APR is quoted as a range of 15.75% to 23.75%. That 8-point spread is the whole of what the filing commits to; the method for assigning a rate inside it is not in the document.

Those two numbers occupy very different places in the corpus: roughly the 38th percentile at the bottom and the 56th 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.

Translating the rate into money

Carry $3,000 on this card for a year without paying it down and the purchase rate alone generates roughly $804 in interest.

A card priced at the corpus median of 21.99% would charge roughly $738 on that balance. This one charges about $66 more per year.

Broken down to a single thirty-day cycle, the same balance accrues roughly $59.12.

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.

Where the fees are

There is no annual fee. That is the common case in this corpus — about 75% of the filings that disclose an annual fee at all disclose it as $0 — so it is a baseline expectation rather than a distinguishing feature.

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 19.75%. Cash advances also tend to fall outside any grace period, which means interest typically starts on day one rather than at the end of a billing cycle.

The filing discloses a 15.75% balance transfer rate without an accompanying fee figure.

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

Penalty pricing and late fees

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

Grace period and minimum charge

Purchases carry a 25-day grace period: pay the statement in full inside it and the purchase rate never applies. That matches the 25-day median across the corpus almost exactly.

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.

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.

The issuer's other agreements

This is one of 124 Simmons Bank agreements collected here. The issuer's own range is 18.25%–28.24%. At 23.75%, this agreement is dearer than 43 of its siblings.

Where the authority sits

Everything here is a reading of the filed agreement, four pages of it, which is linked above and which governs. Terms also change between filings, so the date on the document matters.

In short

23.75% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern.