RR 3 13 75 VISA Business ACCT Disclosures ELGACU

On the record for RR 3 13 75 VISA Business ACCT Disclosures ELGACU 01 01 26: a 13.75% purchase APR and no annual fee, filed by Elga Credit Union. Against the 4,587 filings on this site, that rate lands around the 11th percentile.

What this filing discloses

This page covers the agreement Elga Credit Union filed for RR 3 13 75 VISA Business 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. It is silent on a cash advance rate, a balance transfer rate and a penalty rate.

Pricing the purchase rate

Measured against every other filing on the site, 13.75% is about the 11th percentile for purchase APR; it falls in the low band of the corpus.

Translating the rate into money

A $2,500 balance left untouched for twelve months accrues about $368 in interest at this purchase rate.

Measured against the 21.99% corpus median, the same $2,500 costs approximately $246 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.

Penalty pricing and late fees

$25 is the disclosed ceiling on a late payment fee, placing it near the 32nd percentile of the set.

Fees, and what triggers them

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.

Spending abroad costs an extra 2% — about $100 on $5,000 of purchases, independent of interest.

The no-interest path

Anyone clearing the statement balance inside 25 days pays no purchase interest at all under this filing.

Inside Elga Credit Union's filed lineup

30 separate Elga Credit Union filings appear in the corpus. Across that lineup purchase rates span 11.75% to 20.75%; this filing's 13.75% sits above 6 of the comparable ones.

The limits of this document

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.

Where the authority sits

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

The purchase rate of 13.75% is one of the cheaper figures in this index — the central point in the agreement's favour. The absence of an annual fee means the rate is the only thing that can make this card expensive.