Card Disclosure

On the record for Card Disclosure 181: a 16.99% purchase APR and a $35 annual fee, filed by TIB, National Association. Against the 4,587 filings on this site, that rate lands around the 21st percentile.

On the face of the filing

The document behind this page is TIB, National Association's filed agreement for Card Disclosure 181. The filing runs four pages.

The disclosure covers a purchase rate, a cash advance rate, an annual fee line, a late payment maximum and a grace period. No figure appears for a balance transfer rate, a penalty rate and a foreign transaction fee.

How the purchase rate compares

16.99% puts the purchase APR near the 21st percentile across 2,280 agreements, so it comes in under the midpoint of the corpus.

What the rate means in dollars

At the disclosed purchase APR, $2,000 revolving for a full year costs something like $370 in interest.

Priced at the median of 21.99%, that balance would generate about $492 in a year — so this agreement comes in around $121 cheaper for the same debt.

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

Penalty pricing and late fees

$25 is the disclosed ceiling on a late payment fee, placing it near the 32nd percentile of the set.

The fee structure

The annual fee is $35, charged whether or not the card is used. Against the filings here that disclose a fee, that sits at roughly the 82nd percentile.

Expressed in the card's own terms, the $35 fee equals about a year's interest on a $206 balance at the disclosed 16.99% purchase rate.

Cash advances carry a cash advance APR of 16.99%. Cash advances also tend to fall outside any grace period, which means interest typically starts on day one rather than at the end of a billing cycle.

The no-interest path

Anyone clearing the statement balance inside 25 days pays no purchase interest at all under this filing. That matches the 25-day median across the corpus almost exactly.

The issuer's other agreements

TIB, National Association has 52 agreements indexed on this site. Across that lineup purchase rates span 9.25% to 17.49%; this filing's 16.99% sits above 30 of the comparable ones.

Its $35 annual fee is higher than 11 of the 45 sibling filings that state one.

What you cannot learn from the filing

Absent from the captured terms: balance transfer terms, a foreign transaction fee and penalty pricing. The original document is the place to look for any of these.

It is worth being explicit about scope: these filings record terms and pricing. They say nothing about rewards programmes, cardholder benefits, promotional offers or who the issuer will approve, and this review does not speculate about any of it.

Where the authority sits

Everything here is a reading of the filed agreement, four pages of it, which is linked above and which governs. Terms also change between filings, so the date on the document matters.

In short

16.99% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern. Against that sits the $35 annual fee, which is unavoidable once the account is open.