FinviloCIBC
CIBC Select Visa* Card
A credit card positioned as a low-interest option for carrying a balance.
Full details for CIBC Select Visa* Card (opens in new tab)Best low-interest credit cards in Canada: how to choose
If you sometimes carry a balance, the interest rate is the most important number on a credit card. Low-rate cards often charge around half the interest of a standard card, sometimes for a small annual fee.
What to compare
- Purchase and cash advance rates
- Balance transfer rate, length and fee
- Annual fee
- Approval requirements
Who should look elsewhere: If you are paying down a large balance over years, a fixed-term consolidation loan can force a payoff date.
Options we list (5)
Listed alphabetically, not ranked. Placement is not affected by compensation. Confirm current terms with each provider.
Desjardins
Flexi Visa
A personal credit card with a lower purchase interest rate and no annual fee.
- Annual fee
- None
- Purchase interest rate
- 10.9%
- Cash advance rate
- 12.9%
Desjardins
Odyssey Visa Infinite Privilege
A personal credit card with BONUSDOLLARS rewards on eligible purchases.
- Annual fee
- $295 for Desjardins members and $395 for non-members
- Purchase interest rate
- 11.9%
- Cash advance rate
- 12.9%
- Earn rate
- Up to 4% of your purchases in BONUSDOLLARS
RBC Royal Bank
RBC Visa Classic Low Rate Option
A card with a fixed standard purchase rate and a separate rate for cash advances, including balance transfers.
- Annual fee
- $20
- Purchase interest rate
- 12.99%
- Cash advance rate
- 14.99%
National Bank of Canada
Syncro™ Mastercard®
A variable-rate credit card with purchase protection and extended warranty coverage. Purchase and cash advance rates have different minimum floors.
Full details for Syncro™ Mastercard® (opens in new tab)Side-by-side comparisons
General information, not personalized financial advice.