Phillips 66 CC Conoco CC 76 CC P66 Aviation Credit Card Agreement and Pricing Addendum

The Phillips 66 CC Conoco CC 76 CC P66 Aviation Credit Card Agreement and Pricing Addendum filing from Synchrony Financial sets out a 34.99% purchase APR. Against the 4,587 filings on this site, that rate lands around the 84th percentile.

The disclosed terms

Synchrony Financial filed this agreement for Phillips 66 CC Conoco CC 76 CC P66 Aviation Credit Card Agreement and Pricing Addendum with the Consumer Financial Protection Bureau. The filing runs five pages.

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

How the purchase rate compares

34.99% puts the purchase APR near the 84th percentile across 2,280 agreements, so it sits in the expensive end of the corpus.

Translating the rate into money

The purchase rate turns a $1,200 revolving balance into roughly $502 of annual interest.

On a median-priced agreement from this index (21.99%) the same $1,200 would run about $295 a year, so this card costs in the region of $207 more annually for the identical balance.

Per statement cycle that is on the order of $34.99 on $1,200, 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

Taking cash against the card means a cash advance fee of $10 or 5% of the advance, whichever is greater and a cash advance APR of 34.99%. The two halves of that fee cross at about $200: below it the flat $10 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.

Grace period and minimum charge

23 days is the disclosed grace period for purchases — the interval in which paying in full costs nothing. With a corpus median of 25 days, this window is narrower than the norm.

The downside terms

The maximum late fee is $40 — roughly the 72nd percentile of the late fee ceilings disclosed across this index.

Against the rest of Synchrony Financial's filings

Synchrony Financial has 212 agreements indexed on this site. Across that lineup purchase rates span 0% to 34.99%; this filing's 34.99% sits above 35 of the comparable ones.

What the filing does not tell you

This page cannot tell you balance transfer terms, an annual fee, a foreign transaction fee and penalty pricing, because the filing's disclosure table as read does not contain them.

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.

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

34.99% on purchases is the number that dominates this agreement. Paid in full each cycle it never applies; carried, it is among the dearer prices in this index.