Tabular Simmons Visa

Tabular Simmons Visa 6 16 22, as filed by Simmons Bank, carries a purchase APR of 11.75%–19.75%, no annual fee and a 12-month 0% opening period. Against the 4,587 filings on this site, that rate lands around the 42nd percentile.

What the document actually states

The document behind this page is Simmons Bank's filed agreement for Tabular Simmons Visa 6 16 22. The filing runs three 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 and a grace period.

What the promotional rate is worth

The filing discloses a 0% introductory rate running 12 months. For that window, balances covered by the promotion accrue no interest at all.

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.

Once the introductory period ends the rate becomes 19.75%, which turns a lingering $2,500 balance into approximately $546 of annual interest.

Put the other way round, the 12-month zero rate is worth roughly $546 on a $2,500 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.

The purchase rate in context

This is a tiered agreement: the filing discloses a purchase APR anywhere from 11.75% to 19.75%, a spread of 8 percentage points. Which end of that band applies is set by the issuer at account opening and the filing does not say how.

Those two numbers occupy very different places in the corpus: roughly the 17th percentile at the bottom and the 42nd 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.

What a balance actually costs

The purchase rate turns a $1,000 revolving balance into roughly $218 of annual interest.

Priced at the median of 21.99%, that balance would generate about $246 in a year — so this agreement comes in around $28 cheaper for the same debt.

Per statement cycle that is on the order of $16.36 on $1,000, which is the number that actually shows up on a bill.

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.

Charges beyond interest

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 15.75%.

The filing discloses a 11.75% balance transfer rate without an accompanying fee figure.

Foreign transactions attract 2%. On $2,000 of overseas spending that is $40, charged on top of whatever exchange rate applies.

What a missed payment costs

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

Against the rest of Simmons Bank's filings

This is one of 124 Simmons Bank agreements collected here. The issuer's own range is 18.25%–28.24%. At 19.75%, this agreement is dearer than 2 of its siblings.

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

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.

An agreement filing is not a marketing document. Rewards, perks, welcome offers and eligibility rules are not in it, are not in this dataset, and are therefore not discussed anywhere on this page.

Where the authority sits

This summary stands or falls on the linked PDF — three pages. Agreements are amended over time, and the filing reflects the terms as submitted rather than as they stand today.

In short

The pricing here is middling by the standards of the index — 19.75% on purchases is near enough to typical. Because there is no annual fee, everything depends on the revolving behaviour: used as a payment instrument and cleared monthly, this agreement costs nothing.