Tabular Simmons Visa

Tabular Simmons Visa 10 30 25, as filed by Simmons Bank, carries a purchase APR of 14%–22%, no annual fee and a 12-month 0% opening period. The purchase rate sits at roughly the 50th percentile of the 4,587 agreements indexed here.

What this filing discloses

The document behind this page is Simmons Bank's filed agreement for Tabular Simmons Visa 10 30 25. It is issued on the Visa network and the filing runs three pages.

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.

The interest-free window

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 22%, which turns a lingering $2,500 balance into approximately $615 of annual interest.

The promotional window is therefore worth something on the order of $615 on $2,500, 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 — 14% at the bottom, 22% 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 27th percentile of filed purchase rates; the ceiling sits at about the 50th. In corpus terms the same card can be cheap or expensive depending on how it is priced.

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

The purchase rate turns a $2,500 revolving balance into roughly $615 of annual interest.

The corpus median of 21.99% produces practically the same bill, so on carrying cost this card is unremarkable.

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.

The grace period

Purchases carry a 25-day grace period: pay the statement in full inside it and the purchase rate never applies.

When a payment is late

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

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 18%. Advances under roughly $133 are charged the flat $4; larger ones are charged 3%. The grace period described below generally does not extend to cash advances, so interest on them usually begins immediately.

Transferred balances are priced at 14%; no separate transfer fee was captured from the filing.

Foreign transactions attract 2%. On $1,000 of overseas spending that is $20, charged on top of whatever exchange rate applies.

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 22% sits above 19 of the comparable ones.

On fees, 114 of the 118 sibling filings that disclose an annual fee also set it at zero — this one is among them.

What the filing does not tell you

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

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.

Where the authority sits

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

22% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern.