The Private Bank By Invitation Visa Signature Card

The The Private Bank By Invitation Visa Signature Card filing quotes margins over Prime instead of finished rates. What that leaves knowable — and what it does not — is the subject of this analysis.

What this filing discloses

This page covers the agreement Wells Fargo Bank filed for The Private Bank By Invitation Visa Signature Card. The filing runs 21 pages, and It is issued on the Visa network.

The filing is explicit about a cash advance rate, an annual fee line, a late payment maximum, a foreign transaction fee and a grace period. A purchase rate, a balance transfer rate and a penalty rate are not stated.

Parsing confidence here is medium, so treat the figures as indicative of the filing rather than a substitute for it.

Priced off the Prime Rate

The rate figures in this agreement are expressed as margins over the Prime Rate rather than as absolute APRs. A margin is not a rate: the rate is the margin plus whatever Prime happens to be.

The filing's margin figures come to 20.74 points for cash advances.

The practical consequence is that this card has no single disclosed price. The cost of carrying a balance moves whenever the Prime Rate moves, in lockstep and without notice, and no arithmetic on this page can tell you what it costs today.

These figures carry medium extraction confidence — they are reproduced as read from the filing, which remains the authority.

Grace period and minimum charge

Purchases carry a 25-day grace period: pay the statement in full inside it and the purchase rate never applies. That matches the 25-day median across the corpus almost exactly.

A minimum interest charge of $1 applies in any cycle where interest is due, which makes very small revolving balances disproportionately expensive.

Default pricing

$40 is the disclosed ceiling on a late payment fee, placing it near the 72nd percentile of the set.

Where the fees are

The annual fee is $0. Roughly 75% of filings here that state a fee state zero, so the absence of one is unremarkable in this market.

Cash advances carry a cash advance fee of $10 or 5% of the advance, whichever is greater. Advances under roughly $200 are charged the flat $10; larger ones are charged 5%.

A balance transfer costs 15.99% of the amount transferred up front. The filing does not separately state the rate applied to transferred balances. On $3,000 that fee is about $480 before any interest is charged.

The foreign transaction fee is zero — a minority position in this corpus, where roughly 22% of disclosing filings waive it.

Inside Wells Fargo Bank's filed lineup

Wells Fargo Bank has 28 agreements indexed on this site. Their disclosed purchase rates run from 9.74% to 28.99%, though this particular filing does not state one in comparable form.

8 of the issuer's other 13 disclosing filings are likewise fee-free.

What the filing does not tell you

The disclosure parsed here does not state a purchase rate and penalty pricing. 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.

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.

Where the authority sits

Everything here is a reading of the filed agreement, 21 pages of it, which is linked above and which governs. Terms also change between filings, so the date on the document matters.

In short

Margins over Prime make this agreement legible but not priceable from the document alone. Treat the figures above as structure, and look up the current Prime Rate before drawing conclusions.