World of Floors Credit Card Account Agreement and Pricing Addendum

On the record for World of Floors Credit Card Account Agreement and Pricing Addendum: a 34.99% purchase APR and a 39.99% penalty rate, filed by Synchrony Financial. Against the 4,587 filings on this site, that rate lands around the 84th percentile.

What this filing discloses

What follows is drawn entirely from Synchrony Financial's CFPB filing for World of Floors Credit Card Account Agreement and Pricing Addendum. The filing runs five pages.

The filing is explicit about a purchase rate, a penalty rate, a late payment maximum and a grace period. No figure appears for a cash advance rate, a balance transfer rate and an annual fee line.

Where the purchase APR sits

Set beside the rest of the index, the purchase APR of 34.99% lands at the 84th percentile; it lands high in the distribution.

What the rate means in dollars

A $2,500 balance left untouched for twelve months accrues about $1,047 in interest at this purchase rate.

A card priced at the corpus median of 21.99% would charge roughly $615 on that balance. This one charges about $432 more per year.

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

Paying in full

Purchases carry a 23-day grace period: pay the statement in full inside it and the purchase rate never applies. 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.

When a payment is late

The agreement discloses penalty pricing of 39.99% — about the 86th percentile of the 794 penalty rates recorded across this index.

Measured in money, moving from 34.99% to 39.99% costs an extra $218 or so annually on $3,000 — a far larger number than any single late fee.

$41 is the disclosed ceiling on a late payment fee, placing it near the 89th percentile of the set.

Against the rest of Synchrony Financial's filings

212 separate Synchrony Financial filings appear in the corpus. Across that lineup purchase rates span 0% to 34.99%; this filing's 34.99% sits above 35 of the comparable ones.

What you cannot learn from the filing

The disclosure parsed here does not state anything about cash advances, balance transfer terms, an annual fee and a foreign transaction fee. Those gaps are gaps in what could be read from the filing, and the PDF may well address them in prose the rate table does not capture.

What this analysis can address is bounded by the filing: rates, fees and the terms around them. Everything a card issuer might advertise — rewards, benefits, bonuses, who qualifies — falls outside the document and outside this review.

Go to the source

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

In short

This is an expensive agreement by the standards of the corpus, driven by a 34.99% purchase rate that is inert for a transactor and punishing for a revolver.