Tabular Signature

Simmons Bank's filed agreement for Tabular Signature 3 23 23 discloses a purchase APR of 17%–25%, no annual fee and a 12-month 0% opening period. The purchase rate sits at roughly the 61st percentile of the 4,587 agreements indexed here.

What this filing discloses

Tabular Signature 3 23 23 is one of the agreements Simmons Bank has on file with the CFPB. The filing runs three 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. No figure appears for a penalty rate and a grace period.

Zero percent, and then what

A 12-month promotional period at 0% is on the record here — during it, qualifying balances cost nothing to carry.

Zero-percent openings appear in roughly 458 of the filings on this site, which puts this agreement in a sizeable minority rather than a class of its own.

What matters more than the promotion is the rate waiting behind it: 25%. A $2,500 balance that survives the promotional window costs roughly $710 a year from that point on.

The promotional window is therefore worth something on the order of $710 on $2,500, measured against the same balance priced at the standard rate for the same period.

The purchase APR against the corpus

The purchase APR is quoted as a range of 17% to 25%. 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 45th percentile at the bottom and the 61st at the top.

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.

Translating the rate into money

Put $1,200 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $341.

Against the corpus median of 21.99%, that is approximately $46 a year of extra interest on the same $1,200.

These figures are arithmetic on the disclosed rate, not a quote: they assume the balance is never reduced, ignore any payments, and take no account of fees charged separately.

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 21%. The two halves of that fee cross at about $133: below it the flat $4 applies, above it the percentage does.

Transferred balances are priced at 17%; no separate transfer fee was captured from the filing.

Spending abroad costs an extra 2% — about $20 on $1,000 of purchases, independent of interest.

What a missed payment costs

$39 is the disclosed ceiling on a late payment fee, placing it near the 63rd percentile of the set.

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.

What this analysis can address is bounded by the filing: rates, fees and the terms around them. Everything a card issuer might advertise — rewards, benefits, bonuses, who qualifies — falls outside the document and outside this review.

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 25% sits above 73 of the comparable ones.

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

The document itself

The original filing, 3 pages 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

At 25% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers.