A+ 13 75 VISA Cash Back ACCT Disclosures ELGACU

The A+ 13 75 VISA Cash Back ACCT Disclosures ELGACU 01 01 26 filing from Elga Credit Union sets out a 13.75% purchase APR and no annual fee. The purchase rate sits at roughly the 11th percentile of the 4,587 agreements indexed here.

What the agreement puts on the record

The document behind this page is Elga Credit Union's filed agreement for A+ 13 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. No figure appears for a cash advance rate, a balance transfer rate and a penalty rate.

The purchase rate in context

Set beside the rest of the index, the purchase APR of 13.75% lands at the 11th percentile; it is comfortably below what most issuers filed.

Translating the rate into money

Put $5,000 on the card and never reduce it, and twelve months of interest at the disclosed purchase rate comes to approximately $737.

A typical filing in this index would charge about $1,229 on that balance; this one is roughly $492 a year below it.

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.

What the card costs before you borrow

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.

Foreign transactions attract 2%. On $5,000 of overseas spending that is $100, charged on top of whatever exchange rate applies.

What a missed payment costs

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

The grace period

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.

Inside Elga Credit Union's filed lineup

There are 30 filings from Elga Credit Union in this index. The issuer's own range is 11.75%–20.75%. At 13.75%, this agreement is dearer than 6 of its siblings.

What you cannot learn from the filing

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.

The document itself

Everything here is a reading of the filed agreement, one page of it, which is linked above and which governs. Terms also change between filings, so the date on the document matters.

In short

13.75% places this filing at the inexpensive end of the set, which is the headline here. The absence of an annual fee means the rate is the only thing that can make this card expensive.