Low Interest Credit Cards

The following credit cards offer a lower interest rate on purchases than most credit cards. You can save money each month if you carry a balance and pay off your credit card debt faster by using these low interest rate cards. You can apply for these credit cards online by following the Apply Now link. All of these cards are available in Canada.

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MBNA TrueLine MasterCard® Credit Card Apply Now

MBNA TrueLine MasterCard® Credit Card

Interest on:

Annual Fee

$0

Purchases

9.99%

Cash Advances

24.99%

Balance Transfers

9.99%

  • 9.99% annual interest rate on eligible purchases
  • No annual fee
  • Exclusive Platinum benefits and peace of mind
  • Add authorized users at no additional cost
  • Around the clock fraud protection
  • Enhanced security and protection with Chip & Pin technology

More information about the MBNA TrueLine MasterCard® Credit Card

Capital One® Low Rate Guaranteed MasterCard® Apply Now

Capital One® Low Rate Guaranteed MasterCard®

Interest on:

Annual Fee

$79

Purchases

14.90%

Cash Advances

19.80%

Balance Transfers

14.90%

  • Low annual interest rate of 14.9% on purchases and balance transfers
  • Annual interest rate for cash advances is 19.8%
  • May help you strengthen your credit history
  • Security funds may be required

No-Fee Scotiabank Value® VISA* card Apply Now

No-Fee Scotiabank Value® VISA* card

Interest on:

Annual Fee

$0

Purchases

16.99%

Cash Advances

16.99%

Balance Transfers

16.99%

Save hundreds of dollars a year

  • 16.99% interest rate
  • Pay down balances faster
  • Simplify your monthly payments
  • Interest free grace period of at least 21 days on purchases
  • Save hundreds of dollars a year
  • 20% AVIS rental card discount

More information about the No-Fee Scotiabank Value® VISA* card

Scotiabank Value® VISA* card Apply Now

Scotiabank Value® VISA* card

Interest on:

Annual Fee

$29

Purchases

11.99%

Cash Advances

11.99%

Balance Transfers

11.99%

  • Low 11.99% interest rate
  • Interest free grace period of at least 21 days on purchases
  • Save hundreds of dollars a year
  • Pay down balances faster
  • Simplify your monthly payments
  • 20% AVIS rental card discount

More information about the Scotiabank Value® VISA* card

CIBC Select VISA® Card Apply Now

CIBC Select VISA® Card

Interest on:

Annual Fee

$29

Purchases

11.99%

Cash Advances

n/a1

Balance Transfers

n/a2

  • Enjoy our lowest interest rate card
  • CIBC CreditSmart®, a revolutionary array of smart credit management features

Notes:
  1. Interest rate not mentioned on website.
  2. Interest rate not mentioned on website.
More information about the CIBC Select VISA® Card

Desjardins VISA® - Modulo GOLD Apply Now

Desjardins VISA® - Modulo GOLD

Interest on:

Annual Fee

$50

Purchases

9.90%

Cash Advances

9.90%

Balance Transfers

9.90%

  • The country’s lowest annual fixed interest rate: 9.9%
  • Earn up to 1% of your purchases in BONUSDOLLARS
  • Rewards program allows you to accumulate BONUSDOLLARS and exchange them against travel, gifts, tickets to shows and Desjardins products and services
  • Payment holiday feature where you can skip the minimum payment twice a year
  • Accord D Desjardins financing, a second, separate credit limit
  • Cash advances up to $5,000 a day, anywhere in the world

More information about the Desjardins VISA® - Modulo GOLD

Laurentian Bank Visa® Black Reduced Rate Card Apply Now

Laurentian Bank Visa® Black Reduced Rate Card

Interest on:

Annual Fee

$25

Purchases

12.49%

Cash Advances

n/a1

Balance Transfers

n/a2

  • Benefit all year long from a low interest rate of 12.49%
  • Easily access extra cash with your credit card PIN

Notes:
  1. Interest rate not mentioned on website.
  2. Interest rate not mentioned on website.

RBC® VISA® Classic Low Rate Option Apply Now

RBC® VISA® Classic Low Rate Option

Interest on:

Annual Fee

$20

Purchases

11.90%

Cash Advances

11.90%

Balance Transfers

n/a1

  • Permanent low interest rate helps you save money when you carry a balance on your card
  • Purchase Security & Extended Warranty Insurance

Notes:
  1. Interest rate not mentioned on website.
More information about the RBC® VISA® Classic Low Rate Option

TD Emerald VISA® Card Apply Now

TD Emerald VISA® Card

Interest on:

Annual Fee

$25

Purchases

n/a1

Cash Advances

n/a2

Balance Transfers

n/a3

  • Great value with a competitive low rate
  • Preferred variable annual interest rate is TD Prime + 1.75%, TD Prime + 3.75%, TD Prime + 5.75%, TD Prime + 6.75%, TD Prime + 7.75%, or TD Prime + 9.75%, depending on your credit assessment
  • As of April 2010, TD Prime is 2.250% current preferred rates range from 4.00% to 12.00%
  • Standard Rate of 21.0% applies if your minimum payment is more that 30 days past due

Notes:
  1. Varies depending on TD Prime Rate and your credit assessment.
  2. Interest rate not mentioned on website.
  3. Interest rate not mentioned on website.
More information about the TD Emerald VISA® Card

TD Venture Line of Credit VISA® Card Apply Now

TD Venture Line of Credit VISA® Card

Interest on:

Annual Fee

$0

Purchases

n/a1

Cash Advances

n/a2

Balance Transfers

n/a3

  • Line of credit with Visa Card convenience
  • Low interest rates based on TD Prime
  • Apply only once! Once you're approved, yearly renewal is automatic, with no business plan review or interview (as long as your Account is in good standing throughout the year)
  • Approved based primarily on your personal creditworthiness
  • No interest-free grace period

Notes:
  1. Based on TD Prime.
  2. Interest rate not mentioned on website.
  3. Interest rate not mentioned on website.
More information about the TD Venture Line of Credit VISA® Card
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