A 14 75 VISA Cash Back ACCT Disclosures ELGACU

On the record for A 14 75 VISA Cash Back ACCT Disclosures ELGACU 01 01 26: a 14.75% purchase APR and no annual fee, filed by Elga Credit Union. That purchase rate ranks near the 14th percentile across this corpus of 4,587 filings.

What the agreement puts on the record

This page covers the agreement Elga Credit Union filed for A 14 75 VISA Cash Back ACCT Disclosures ELGACU 01 01 26. The filing runs one page, and It is issued on the Visa network.

Terms captured from the document include a purchase rate, an annual fee line, a late payment maximum, a foreign transaction fee and a grace period. It is silent on a cash advance rate, a balance transfer rate and a penalty rate.

Where the purchase APR sits

Set beside the rest of the index, the purchase APR of 14.75% lands at the 14th percentile; it falls in the low band of the corpus.

Translating the rate into money

The purchase rate turns a $2,500 revolving balance into roughly $397 of annual interest.

The corpus median purchase rate is 21.99%, which on the same $2,500 would cost about $615 a year. This filing saves roughly $217 annually against that benchmark.

Treat this as an illustration of what the disclosed rate does, not as a projection of a real account, which would be shaped by payments and by the fees described elsewhere in the filing.

Where the fees are

There is no annual fee. That is the common case in this corpus — about 75% of the filings that disclose an annual fee at all disclose it as $0 — so it is a baseline expectation rather than a distinguishing feature.

Spending abroad costs an extra 2% — about $60 on $3,000 of purchases, independent of interest.

The grace period

The filing gives 25 days' grace on purchases, meaning a statement balance paid in full within that window attracts no interest. That matches the 25-day median across the corpus almost exactly.

The downside terms

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

Inside Elga Credit Union's filed lineup

This is one of 30 Elga Credit Union agreements collected here. Across that lineup purchase rates span 11.75% to 20.75%; this filing's 14.75% sits above 10 of the comparable ones.

What the filing does not tell you

This page cannot tell you penalty pricing, because the filing's disclosure table as read does not contain it.

An agreement filing is not a marketing document. Rewards, perks, welcome offers and eligibility rules are not in it, are not in this dataset, and are therefore not discussed anywhere on this page.

Go to the source

The original filing, 1 page 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

At 14.75% the purchase rate is low relative to this corpus, which is the clearest thing the filing has going for it on cost.