C 17 75 VISA Rewards ACCT Disclosures ELGACU

On the record for C 17 75 VISA Rewards ACCT Disclosures ELGACU 01 01 26: a 17.75% purchase APR and no annual fee, filed by Elga Credit Union. That purchase rate ranks near the 23rd percentile across this corpus of 4,587 filings.

What the agreement puts on the record

The document behind this page is Elga Credit Union's filed agreement for C 17 75 VISA Rewards ACCT Disclosures ELGACU 01 01 26. The filing runs one page, and It is issued on the Visa network.

The filing is explicit about 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 17.75% lands at the 23rd percentile; it comes in under the midpoint of the corpus.

The arithmetic of revolving

At the disclosed purchase APR, $4,000 revolving for a full year costs something like $777 in interest.

The corpus median purchase rate is 21.99%, which on the same $4,000 would cost about $983 a year. This filing saves roughly $207 annually against that benchmark.

Month to month it reads as about $58.77 per cycle on that balance.

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.

Foreign transactions attract 2%. On $3,000 of overseas spending that is $60, charged on top of whatever exchange rate applies.

Penalty pricing and late fees

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

Grace period and minimum charge

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.

Against the rest of Elga Credit Union's filings

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 17.75% sits above 18 of the comparable ones.

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.

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.

Go to the source

This summary stands or falls on the linked PDF — one page. Agreements are amended over time, and the filing reflects the terms as submitted rather than as they stand today.

In short

The pricing here is middling by the standards of the index — 17.75% on purchases is near enough to typical. The absence of an annual fee means the rate is the only thing that can make this card expensive.