Crutchfield Credit Card Account Agreement and Pricing Addendum

Synchrony Financial's filed agreement for Crutchfield Credit Card Account Agreement and Pricing Addendum discloses a 34.99% purchase APR and a 39.99% penalty rate. Against the 4,587 filings on this site, that rate lands around the 84th percentile.

What this filing discloses

This page covers the agreement Synchrony Financial filed for Crutchfield Credit Card Account Agreement and Pricing Addendum. The filing runs five pages.

The disclosure covers a purchase rate, a penalty rate, a late payment maximum and a grace period. It is silent on a cash advance rate, a balance transfer rate and an annual fee line.

How the purchase rate compares

Ranked against the corpus, this purchase APR — 34.99% — sits at approximately the 84th percentile and lands high in the distribution.

The arithmetic of revolving

A $4,000 balance left untouched for twelve months accrues about $1,675 in interest at this purchase rate.

A card priced at the corpus median of 21.99% would charge roughly $983 on that balance. This one charges about $691 more per year.

Broken down to a single thirty-day cycle, the same balance accrues roughly $116.65.

Note the $2 minimum interest charge, which overrides the arithmetic above whenever the calculated interest falls below it.

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

The no-interest path

23 days is the disclosed grace period for purchases — the interval in which paying in full costs nothing. That is shorter than the 25-day corpus median.

A minimum interest charge of $2 applies in any cycle where interest is due, which makes very small revolving balances disproportionately expensive.

Penalty pricing and late fees

If the account defaults, the filing permits a rate of 39.99%. Among disclosing agreements here that ranks near the 86th percentile.

The jump from 34.99% to 39.99% is 5 percentage points, worth roughly $145 extra per year on $2,000 of balance.

On the fee side, a late payment can cost up to $41, which is around the 89th percentile here.

How it sits in the issuer's own range

212 separate Synchrony Financial filings appear in the corpus. Their disclosed purchase rates run from 0% to 34.99%, and this one at 34.99% is more expensive than 35 of them.

What is outside the disclosure

Absent from the captured terms: anything about cash advances, balance transfer terms, an annual fee and a foreign transaction fee. The original document is the place to look for any of these.

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.

The document itself

The original filing, 5 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

The defining fact about this filing is the purchase rate: at 34.99% it is in the expensive band of this corpus, and that cost only materialises for someone who revolves a balance.