Visa Credit Card  
Application Disclosures

2303 South Center Road 
Burton, MI  48519 
Ph 810-715-3542 • TF 800-882-6457 
Fx 810-600-2590 
www.elgacu.com 

Annual Percentage  
Rate (APR) for  
Purchases, Balance 
Transfers and  
Cash Advances 

INTEREST RATES AND INTEREST CHARGES 

Visa Rewards 

Visa Cashback 

Visa Low Rate 

4.90

% introductory APR for six (6) months for qualifying members.

After that, or if you do not 
qualify, your APR will be
17.90
% - 
based on your  
creditworthiness 

9.90

  % 

After that, or if you do not 
qualify, your APR will be
20.90
14.90
% - 
based on your  
creditworthiness 

  % 

After that, or if you do not 
qualify, your APR will be
15.90
% - 
based on your  
creditworthiness 

7.90

  % 

Penalty APR 

17.90% 

20.90% 

17.90% 

When the Penalty 
APR Applies 

This APR may be applied to your account if you make a late payment. 
How long with the Penalty APR apply?  If your APR is increased due to a late pay-
ment, the Penalty APR will apply until you make six consecutive minimum payments 
when they are due. 

Paying Interest 

For Credit Card Tips 
from the Consumer  
Financial Protection 
Bureau 

Your due date is at least 25 days after the close of each billing cycle. We will not charge 
any interest on the portion of the purchases balance that you pay by the due date each 
month. We will begin charging interest on cash advances and balance transfers on the 
transaction date. 

To learn more about factors to consider when applying for or using a credit card, visit the 
website of the Consumer Financial Protection Bureau at: 
http://www.consumerfinance.gov/learnmore. 

Annual Service Charge

None 

SERVICE CHARGES

Transaction Service 
Charges
• Cash Advance
• Balance Transfer
• Foreign Transaction

None 
None 
Up to 2% of the US dollar amount of the foreign transaction. 
This fee applies to any credit card transaction made at a location in a foreign country, or 
payable to a merchant located in a foreign country even if you initiate the transaction 

Penalty Service Charges

• Late Payment
• Over-the-Credit Limit
• Returned Payment

Up to $25 
None 
$25 

Other Service Charges:
Replacement Card 
Rush Replacement Card  $10 
Rush Delivery of Card 
$30 

$5 

How We Will Calculate Your Balance:  We use a method called <average daily balance= (including new purchases). 

The above rates and service charges are effective as of __________________________

November 1, 2021

© 2021 Farleigh Wada Witt. All Rights Reserved.  

CC App Disc • 07-09-21