A 14 75 VISA Rewards ACCT Disclosures ELGACU

The A 14 75 VISA Rewards ACCT Disclosures ELGACU 01 01 26 filing from Elga Credit Union sets out a 14.75% purchase APR and no annual fee. The purchase rate sits at roughly the 14th percentile of the 4,587 agreements indexed here.

On the face of the filing

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

On the record here: 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.

The purchase APR against the corpus

At 14.75%, the purchase APR falls at roughly the 14th percentile of the 2,280 filings indexed here, which falls in the low band of the corpus.

The arithmetic of revolving

Put $1,000 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $159.

Priced at the median of 21.99%, that balance would generate about $246 in a year — so this agreement comes in around $87 cheaper for the same debt.

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

What the card costs before you borrow

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.

The filing sets a 2% foreign transaction fee, which adds roughly $30 to $1,500 spent outside the United States.

Default pricing

Late payments are capped at $25 under this filing, about the 32nd percentile of late fee maximums in the corpus.

Paying in full

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 issuer's other agreements

There are 30 filings from Elga Credit Union in this index. The issuer's own range is 11.75%–20.75%. At 14.75%, this agreement is dearer than 10 of its siblings.

What the filing does not tell you

Absent from the captured terms: penalty pricing. The original document is the place to look for any of these.

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.

Where the authority sits

The filed PDF is linked from this page and runs one page. It is the authority for every figure summarised above; where this page and the document disagree, the document is right.

In short

The purchase rate of 14.75% is one of the cheaper figures in this index — the central point in the agreement's favour. With no annual fee, the cost of the account is entirely a function of whether a balance is carried.