D 19 75 VISA Cash Back ACCT Disclosures ELGACU

The D 19 75 VISA Cash Back ACCT Disclosures ELGACU 01 01 26 filing from Elga Credit Union sets out a 19.75% purchase APR and no annual fee. That purchase rate ranks near the 42nd percentile across this corpus of 4,587 filings.

On the face of the filing

Elga Credit Union filed this agreement for D 19 75 VISA Cash Back ACCT Disclosures ELGACU 01 01 26 with the Consumer Financial Protection Bureau. 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.

Pricing the purchase rate

Set beside the rest of the index, the purchase APR of 19.75% lands at the 42nd percentile; it is unremarkable against the rest of the set.

The arithmetic of revolving

Carry $1,200 on this card for a year without paying it down and the purchase rate alone generates roughly $262 in interest.

Measured against the 21.99% corpus median, the same $1,200 costs approximately $33 less per year here.

Month to month it reads as about $19.63 per cycle on that balance.

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

Fees, and what triggers them

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.

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

The downside terms

On the fee side, a late payment can cost up to $25, which is around the 32nd percentile here.

The grace period

25 days is the disclosed grace period for purchases — the interval in which paying in full costs nothing.

Inside Elga Credit Union's filed lineup

There are 30 filings from Elga Credit Union in this index. Across that lineup purchase rates span 11.75% to 20.75%; this filing's 19.75% sits above 22 of the comparable ones.

The limits of this document

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

More broadly, a CFPB agreement filing is a legal and pricing document. It does not describe rewards, benefits, sign-up offers, eligibility or approval criteria, and nothing of that kind has been inferred on this page. Where a card has features of that sort, they live outside this document entirely.

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

At 19.75% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers.