C 15 75 VISA Low Rate ACCT Disclosures ELGACU

The C 15 75 VISA Low Rate ACCT Disclosures ELGACU 01 01 2026 filing from Elga Credit Union sets out a 15.75% purchase APR and no annual fee. Against the 4,587 filings on this site, that rate lands around the 16th percentile.

The disclosed terms

This page covers the agreement Elga Credit Union filed for C 15 75 VISA Low Rate ACCT Disclosures ELGACU 01 01 2026. It is issued on the Visa network and the filing runs one page.

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. No figure appears for a cash advance rate, a balance transfer rate and a penalty rate.

The purchase APR against the corpus

The purchase APR of 15.75% places this agreement around the 16th percentile of the set — it falls in the low band of the corpus.

The arithmetic of revolving

At the disclosed purchase APR, $3,000 revolving for a full year costs something like $512 in interest.

Measured against the 21.99% corpus median, the same $3,000 costs approximately $226 less per year here.

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.

The fee structure

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.

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

The downside terms

The maximum late fee is $25 — roughly the 32nd percentile of the late fee ceilings disclosed across this index.

Paying in full

25 days is the disclosed grace period for purchases — the interval in which paying in full costs nothing. That matches the 25-day median across the corpus almost exactly.

The issuer's other agreements

This is one of 30 Elga Credit Union agreements collected here. Their disclosed purchase rates run from 11.75% to 20.75%, and this one at 15.75% is more expensive than 14 of them.

What you cannot learn from the filing

The disclosure parsed here does not state 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.

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.

Reading the agreement yourself

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

15.75% places this filing at the inexpensive end of the set, which is the headline here.