Tabular Signature

Tabular Signature 5 5 22, as filed by Simmons Bank, carries a purchase APR of 13%–21%, no annual fee and a 12-month 0% opening period. That purchase rate ranks near the 46th percentile across this corpus of 4,587 filings.

What the agreement puts on the record

Simmons Bank submitted the terms for Tabular Signature 5 5 22 to the CFPB's agreement database; this is what they contain. The filing runs three pages, and It is issued on the Visa network.

The disclosure covers 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 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.

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.

The go-to rate is 21%. Any balance still outstanding when the promotion lapses starts accruing at that figure — about $234 a year on $1,000.

The promotional window is therefore worth something on the order of $234 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 — 13% at the bottom, 21% at the top, 8 points wide. The agreement discloses the range without disclosing how an account is placed within it.

Those two numbers occupy very different places in the corpus: roughly the 23rd percentile at the bottom and the 46th at the top.

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.

Translating the rate into money

Carry $2,000 on this card for a year without paying it down and the purchase rate alone generates roughly $467 in interest.

Priced at the median of 21.99%, that balance would generate about $492 in a year — so this agreement comes in around $25 cheaper for the same debt.

Month to month it reads as about $34.81 per cycle on that balance.

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.

What the card costs before you borrow

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.

Cash advances carry a cash advance fee of $4 or 3% of the advance, whichever is greater and a cash advance APR of 17%. 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 13%; no separate transfer fee was captured from the filing.

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

Late payments are capped at $39 under this filing, about the 63rd percentile of late fee maximums in the corpus.

Against the rest of Simmons Bank's filings

Simmons Bank has 124 agreements indexed on this site. Across that lineup purchase rates span 18.25% to 28.24%; this filing's 21% sits above 10 of the comparable ones.

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

The limits of this document

Absent from the captured terms: a grace period and 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, 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 21% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers. With no annual fee, the cost of the account is entirely a function of whether a balance is carried.