Disclosed rates and fees
Every figure below was read from this issuer's filed agreement. Anything the filing does not state is left out of this table rather than shown as zero.
| Annual fee | $0 |
|---|---|
| Late payment fee | up to $15 |
| Foreign transaction fee | 1% |
| Balance transfer fee | 3.00% of the amount of each |
| Grace period | 25 days |
| Network | Visa |
Analysis
The Elevations Visa Application and Solicitation Disclosure Visa VisaRewards BuffOne 91825 filing from Elevations Credit Union sets out no annual fee.
The disclosed terms
What follows is drawn entirely from Elevations Credit Union's CFPB filing for Elevations Visa Application and Solicitation Disclosure Visa VisaRewards BuffOne 91825. It is issued on the Visa network and the filing runs three pages.
The filing is explicit about an annual fee line, a late payment maximum, a foreign transaction fee and a grace period. It is silent on a purchase rate, a cash advance rate and a balance transfer rate.
Confidence in the parse of this filing is moderate rather than high, so the figures below are best checked against the original.
The fee structure
No annual fee appears in the filing, in line with the roughly 75% of disclosing agreements in this index that charge nothing to hold the card.
A balance transfer costs 3% of the amount transferred up front. The filing does not separately state the rate applied to transferred balances. Shifting $7,500 across attracts something like $225 in fees on day one.
Foreign transactions attract 1%. On $1,500 of overseas spending that is $15, charged on top of whatever exchange rate applies.
The downside terms
$15 is the disclosed ceiling on a late payment fee, placing it near the 11th percentile of the set.
The grace period
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.
Against the rest of Elevations Credit Union's filings
4 separate Elevations Credit Union filings appear in the corpus.
What you cannot learn from the filing
This page cannot tell you a purchase rate, anything about cash advances and penalty pricing, because the filing's disclosure table as read does not contain them.
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.
The document itself
The original filing, 3 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
Given the parsing confidence on this filing, read the agreement itself before treating any of these figures as settled.
The source document
This page is a reading of one document: the cardholder agreement Elevations Credit Union filed with the Consumer Financial Protection Bureau. Where the two disagree, the filing is correct and this page is wrong.
Applications are handled by Elevations Credit Union, not by us. We do not take applications and cannot say whether you would be approved.
Other cards from Elevations Credit Union
-
Elevations Visa Application and Solicitation Disclosure Visa VisaRewards BuffOne
Agreement filed with the CFPB
- Annual fee
- $0
- Foreign tx fee
- 1%
-
Elevations Visa Signature Application and Solicitation Disclosure
Agreement filed with the CFPB
- Annual fee
- $0
- Foreign tx fee
- 3%
-
Elevations Visa Signature Application and Solicitation Disclosure
Agreement filed with the CFPB
- Annual fee
- $0
- Foreign tx fee
- 3%
Where this card sits
Groups this agreement qualifies for, by its own disclosed terms:
Comparable cards from other issuers
Closest disclosed purchase APR among cards in the same groups.