Tabular Simmons Visa

Tabular Simmons Visa 5 07 25, as filed by Simmons Bank, carries a purchase APR of 14.5%–22.5%, no annual fee and a 12-month 0% opening period. The purchase rate sits at roughly the 52nd percentile of the 4,587 agreements indexed here.

What the agreement puts on the record

The document behind this page is Simmons Bank's filed agreement for Tabular Simmons Visa 5 07 25. It is issued on the Visa network and the filing runs four pages.

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. It is silent on a penalty rate.

What the promotional rate is worth

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

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.

Behind the promotion sits a 22.5% purchase rate. On $5,000 that is in the region of $1,261 a year once the window closes.

Valued honestly, 12 months at zero on $5,000 avoids about $1,261 of interest compared with the go-to rate — the whole of what the promotion delivers.

Pricing the purchase rate

Purchases price between 14.5% and 22.5% under this filing. The 8-point gap between the two is material, and nothing in the agreement indicates where a given account would land.

Read against the index, the low end ranks around the 30th percentile and the high end around the 52nd — the band straddles a wide stretch of the market this corpus describes.

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 $1,500 revolving balance into roughly $378 of annual interest.

The median purchase rate across the corpus is 21.99%; the same balance there would cost about $369. The gap — roughly $10 a year on $1,500 — is the price of this particular filing over a typical one.

Broken down to a single thirty-day cycle, the same balance accrues roughly $27.99.

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

The fee structure

The annual fee is $0. Roughly 75% of filings here that state a fee state zero, so the absence of one is unremarkable in this market.

Cash advances carry a cash advance fee of $4 or 3% of the advance, whichever is greater and a cash advance APR of 18.5%. The two halves of that fee cross at about $133: below it the flat $4 applies, above it the percentage does. The grace period described below generally does not extend to cash advances, so interest on them usually begins immediately.

The filing discloses a 14.5% balance transfer rate without an accompanying fee figure.

Spending abroad costs an extra 2% — about $30 on $1,500 of purchases, independent of interest.

When a payment is late

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

The grace period

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 limits of this document

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.

How it sits in the issuer's own range

There are 124 filings from Simmons Bank in this index. Their disclosed purchase rates run from 18.25% to 28.24%, and this one at 22.5% is more expensive than 22 of them.

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

Go to the source

The original filing, 4 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

22.5% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern. With no annual fee, the cost of the account is entirely a function of whether a balance is carried.