Citizens BankSummit ReserveRegistry illustration · issuer artwork unavailable

Summit ReserveCitizens Bank · N bank, CA · FDIC 57957

CurrentLast observed Sep 6, 2026Source date Dec 31, 2025Government datasetCredit card · Consumer · unsecuredFiled as “Citizens Summit Reserve”

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Purchase APR

19.74%–29.24%

great to good

Balance transfer

—

Cash advance APR

29.24%

p.17variable

Annual fee

$295

a year

Foreign fee

Grace period

25 days

from cycle close

Product terms with exact source passages
Term	Value	As printed in the source	Source
APR for purchasesintroductory rate first
Introductory	NoneConsumer Financial Protection Bureau · Report Date Dec 31, 2025 · Captured Sep 6, 2026	—	Website
Great credit	median 20.24%Consumer Financial Protection Bureau · Report Date Dec 31, 2025 · Captured Sep 6, 2026	—	Website
Good credit	median 27.24%Consumer Financial Protection Bureau · Report Date Dec 31, 2025 · Captured Sep 6, 2026	—	Website
All applicants	19.74%–29.24% variableConsumer Financial Protection Bureau · Report Date Dec 31, 2025 · Captured Sep 6, 2026	—	Website
APR for balance transfers	NoneConsumer Financial Protection Bureau · Report Date Dec 31, 2025 · Captured Sep 6, 2026	—	Website
APR for cash advances	29.24% variableCitizens Bank, National Association · Page Capture Aug 23, 2026 · Captured Aug 23, 2026	“29 . 24 % . ThisAPR will vary with the market based on the Prime Rate. *”Citizens Bank, National Association · Page Capture Aug 23, 2026 · Captured Aug 23, 2026	p. 17
Penalty APRafter a late or returned payment	—	no source read
Paying interestgrace period on new purchases	25 days from the close of each billing cycle	—	—
Minimum interest charge	$1.50	—	—
How we calculate your balance	Average daily balance including new purchases	—	—
Annual fee	$295Consumer Financial Protection Bureau · Report Date Dec 31, 2025 · Captured Sep 6, 2026	—	Website
Transaction fees
Cash advance	5% of the amount, minimum $10Consumer Financial Protection Bureau · Report Date Dec 31, 2025 · Captured Sep 6, 2026	—	Website
Balance transfer	5% of the amount, minimum $10Consumer Financial Protection Bureau · Report Date Dec 31, 2025 · Captured Sep 6, 2026	—	Website
Foreign transaction	$0Consumer Financial Protection Bureau · Report Date Dec 31, 2025 · Captured Sep 6, 2026	—	Website
Penalty fees
First late fee	$29Consumer Financial Protection Bureau · Report Date Dec 31, 2025 · Captured Sep 6, 2026	—	Website
Repeat late fee within six billing cycles	$40Consumer Financial Protection Bureau · Report Date Dec 31, 2025 · Captured Sep 6, 2026	—	Website
Returned payment	$0Citizens Bank, National Association · Page Capture Aug 23, 2026 · Captured Aug 23, 2026	“NONE”Citizens Bank, National Association · Page Capture Aug 23, 2026 · Captured Aug 23, 2026	p. 17
Other fees
None disclosed	$0Consumer Financial Protection Bureau · Report Date Dec 31, 2025 · Captured Sep 6, 2026	—	Website
Over limit	$0Consumer Financial Protection Bureau · Report Date Dec 31, 2025 · Captured Sep 6, 2026	—	Website
Purchase transaction	$0Consumer Financial Protection Bureau · Report Date Dec 31, 2025 · Captured Sep 6, 2026	—	Website

Citizens Summit Reserve Cardholder Agreement_June_2025page 17 of 19

Rates and Fees Table

Interest Rates and Interest Charges Annual Percentage Rate (APR) for Purchases · 20 . 24 % to 2 9 . 24 %. This APR will be based on your creditworthiness and will vary with the market based on the Prime Rate. * Introductory APRs with varying durations may be available on some accounts. APR for Balance Transfers · 20 . 24 % to 29 . 24 % . ThisAPR will be based on your creditworthiness and will vary with the market based on the Prime Rate. * Introductory APRs with varying durations may be available on some accounts. APR for Cash Advances · 29 . 24 % . ThisAPR will vary with the market based on the Prime Rate. * Penalty APR and When It Applies · NONE Paying Interest · Your due date is at least 25 days after the close of each billing cycle. We will not charge you interest on purchases if you pay your entire balance by the due date of each month. You will pay interest on cash advances, balance transfers and convenience checks from the transaction date. Minimum Interest Charge · If you are charged interest, charge will be no less than $1.50 For Credit Card Tips from the Consumer Financial Protection Bureau · To learn more about factors to consider when applying for using a credit card, visit the website of the Consumer Financial Protection Bureau at http://www.consumerfinance.gov/learnmore

Annual Fee · $ 2 95 t Transaction Fees - Balance Transfer - Cash Advance · Either $10 or 5% of the amount of each transfer, whichever is greater. Cash Loans, ATM Loans, and Convenience Check Loans: Either $10 or up to 5 % of the amount of each advance, whichever is greater. Cash Equivalent Transactions: Either $10 or 5% of the amount of each advance, is greater. whichever - Foreign Transaction · NONE Penalty Fees - Late Payment · Up to $4 0 - Returned Payment · NONE - Over-the-Credit-Limit · NONE

Fees t Annual Fee per account. No additional fee for authorized user(s). $200 fee waiver ($95 annual fee) for customers that maintain a Citizens Quest checking account relationship. $295 fee waiver ($0 annual fee) for customers that maintain a Private Bank and / or Private Client checking account relationship. Cardholder must have stated Citizens account relationship at credit card account opening and at each subsequent account anniversary date in order for waiver to apply. Otherwise, the full annual fee will be charged to the account. Account relationship will be assessed periodically. The annual fee for new credit card customers is charged on the second statement cycle, and each subsequent annual fee will be charged on the card's anniversary date. The annual fee for existing Citizens cardholders is charged on the card's anniversary date.

How We Will Calculate Your Balance: We will use the method called 'average daily balances (including new purchases).' See Cardholder Agreement for more details.

Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your account agreement.

* How We Will Calculate Your Variable Rates: Your variable rates m a y change when the Prime Rate changes. Your APR for Purchases and Balance Transfers may vary monthly and will be reset on the first day of each billing cycle by adding the index to a margin of 1 2 .74 2 1 .74 percentage points. The APR for Cash Advances may vary monthly and will be reset on the first date of each billing cycle by adding the index to a margin of 21.74 percentage points. The index is determined monthly and it is the Prime Rate published in the northeastern edition of The Wall Street Journal in its Money Rates table on the first day of the preceding month rounded up to the nearest one-quarter of a percentage point. If the first day of the preceding month is not a business day, we will use the Prime Rate published on the next business day.

The information about costs of the card described in this application is accurate as of May 2 1 , 202 5 . This information may have changed after that date. To find out what may have changed, call us toll free at 800-426-1114 or write to us at Credit Card Services, P.O. Box 7092, Bridgeport, Connecticut 06601-7092.

The terms of your account are governed by the Cardholder Agreement (Agreement) that will be sent with your card. Account terms including your Annual Percentage Rates (APRs), feed and costs may be changed at any time as provided in the Agreement and as permitted by applicable law.

If applicable, introductory APRs will be applied as of your account opening date and will not be extended or modified upon any eligible reward card upgrades associated with the account.

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19Page 17 is cited

Archived Aug 23, 2026Open full document

Sources and dates

Contractual terms come from retained issuer disclosures. Historical cohort statistics come from the CFPB survey and do not change the issuer's terms.

Issuer disclosures and source details

Exact passages support the published terms or show additional details that remain unresolved.

Citizens Bank, National Association
Page Capture Aug 23, 2026 · Captured Aug 23, 2026 · page 17
“29 . 24 % . ThisAPR will vary with the market based on the Prime Rate. *”
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Citizens Bank, National Association
Page Capture Aug 23, 2026 · Captured Aug 23, 2026 · page 17
“NONE”
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Citizens Bank, National Association
Page Capture Aug 23, 2026 · Captured Aug 23, 2026 · page 17
“If you are charged interest, charge will be no less than $1.50”
Additional source detail; structured values remain unknown. This agreement passage is retained verbatim. The pricing interpretation does not replace the complete card-terms declaration.
Read exact source ↗
Citizens Bank, National Association
Page Capture Aug 23, 2026 · Captured Aug 23, 2026 · page 17
“If you are charged interest, charge will be no less than $1.50”
Additional source detail; structured values remain unknown. This agreement passage is retained verbatim. The pricing interpretation does not replace the complete card-terms declaration.
Read exact source ↗

CFPB survey — historical cohort statistics

Reported medians describe observed cohorts at the survey date; they are not contractual APR ranges.

Consumer Financial Protection Bureau
Report Date Dec 31, 2025 · Captured Sep 6, 2026 · record cfpb:tccp:2025-12-31:citizens-bank-national-association:citizens-summit-reserve
Fields: Balance Transfer Offered?
Read exact source ↗
Consumer Financial Protection Bureau
Report Date Dec 31, 2025 · Captured Sep 6, 2026 · record cfpb:tccp:2025-12-31:citizens-bank-national-association:citizens-summit-reserve
Fields: Introductory APR Offered?
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Consumer Financial Protection Bureau
Report Date Dec 31, 2025 · Captured Sep 6, 2026 · record cfpb:tccp:2025-12-31:citizens-bank-national-association:citizens-summit-reserve
Fields: Purchase APR Index, Purchase APR Offered?, Purchase APR max, Purchase APR median, Purchase APR min, Variable Rate Index
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Consumer Financial Protection Bureau
Report Date Dec 31, 2025 · Captured Sep 6, 2026 · record cfpb:tccp:2025-12-31:citizens-bank-national-association:citizens-summit-reserve
Fields: Purchase APR Index, Purchase APR Offered?, Purchase APR good, Variable Rate Index
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Consumer Financial Protection Bureau
Report Date Dec 31, 2025 · Captured Sep 6, 2026 · record cfpb:tccp:2025-12-31:citizens-bank-national-association:citizens-summit-reserve
Fields: Purchase APR Index, Purchase APR Offered?, Purchase APR great, Variable Rate Index
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Consumer Financial Protection Bureau
Report Date Dec 31, 2025 · Captured Sep 6, 2026 · record cfpb:tccp:2025-12-31:citizens-bank-national-association:citizens-summit-reserve
Fields: Annual Fee, Balance Computation Method, Balance Computation Method Details, Balance Transfer Grace Period, Card Features, Contact Information Types, Fee Explanation, Fee Varies?, Grace Period, Grace Period Offered?, Institution Name, Issued by Top 25 Institution, Minimum Finance Charge (Dollars), Minimum Finance Charge?, Monthly Fee, Periodic Fee Type, Periodic max, Periodic min, Product Name, Report Date, Requirements for Opening, Secured Card, Targeted Credit Tiers, Telephone Number for Consumers, Website for Consumer, Weekly Fee
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Consumer Financial Protection Bureau
Report Date Dec 31, 2025 · Captured Sep 6, 2026 · record cfpb:tccp:2025-12-31:citizens-bank-national-association:citizens-summit-reserve
Fields: Balance Transfer Fee ($), Balance Transfer Fee (%), Balance Transfer Fee Calculation, Balance Transfer Fee Types, Balance Transfer Fees?, Minimum Balance Transfer Fee Amount
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Consumer Financial Protection Bureau
Report Date Dec 31, 2025 · Captured Sep 6, 2026 · record cfpb:tccp:2025-12-31:citizens-bank-national-association:citizens-summit-reserve
Fields: Cash Advance Fee ($), Cash Advance Fee (%), Cash Advance Fee Calculation, Cash Advance Fee Types, Cash Advance Fees?, Minimum Cash Advance Fee Amount
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Consumer Financial Protection Bureau
Report Date Dec 31, 2025 · Captured Sep 6, 2026 · record cfpb:tccp:2025-12-31:citizens-bank-national-association:citizens-summit-reserve
Fields: Foreign Transaction Fee ($), Foreign Transaction Fee (%), Foreign Transaction Fee Calculation, Foreign Transaction Fees Types, Foreign Transaction Fees?, Minimum Foreign Transaction Fee Amount
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Consumer Financial Protection Bureau
Report Date Dec 31, 2025 · Captured Sep 6, 2026 · record cfpb:tccp:2025-12-31:citizens-bank-national-association:citizens-summit-reserve
Fields: Late Fee ($), Late Fee Policy Details, Late Fee Types, Late Fees?
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Consumer Financial Protection Bureau
Report Date Dec 31, 2025 · Captured Sep 6, 2026 · record cfpb:tccp:2025-12-31:citizens-bank-national-association:citizens-summit-reserve
Fields: Late Fee Six Month Billing Cycle
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Consumer Financial Protection Bureau
Report Date Dec 31, 2025 · Captured Sep 6, 2026 · record cfpb:tccp:2025-12-31:citizens-bank-national-association:citizens-summit-reserve
Fields: Additional Fees, Other Fees
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Consumer Financial Protection Bureau
Report Date Dec 31, 2025 · Captured Sep 6, 2026 · record cfpb:tccp:2025-12-31:citizens-bank-national-association:citizens-summit-reserve
Fields: Over Limit Fee ($), Over Limit Fee Types, Over Limit Fees?, Overlimit Fee Detail
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Consumer Financial Protection Bureau
Report Date Dec 31, 2025 · Captured Sep 6, 2026 · record cfpb:tccp:2025-12-31:citizens-bank-national-association:citizens-summit-reserve
Fields: Minimum Purchase Transaction Fee Amount, Purchase Transaction Fee ($), Purchase Transaction Fee (%), Purchase Transaction Fee Calculation, Purchase Transaction Fee Type, Purchase Transaction Fees
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CFPB Good (620–719) and Great (720+) definitions ↗

History

dates on sources or when they were captured

Aug 23, 2026: Cash advance APR, Returned payment fee
Dec 31, 2025: Annual fee, Balance transfer APR, Balance transfer fee, Balance transfer terms, Card terms, Cash advance fee, Foreign transaction fee, Late payment fee, Other fee, Over limit fee, Purchase APR, Purchase transaction fee

Offered through: Citizens Bank
Legal issuer: Not established by retained evidence
Regulator: FDIC certificate 57957
Branches: 979 in CA, CT, DC, DE, FL, KY, MA, MD, MI, NH, NJ, NY, OH, PA, RI, VA, VT
Sources: Government dataset · 2 documents · 1 page cited

Documents

Citizens Summit Reserve Cardholder Agreement_June_2025effective date not parsed
Citizens Summit Reserve Private Bank Cardholder Agreement_June_2025effective date not parsed

Summit ReserveCitizens Bank · N bank, CA · FDIC 57957

Rates and fees