Low Rate Credit Cards

Trying to understand how Low Rate Credit Cards work can be both challenging and confusing. Life is hard enough; we need things to be simplified - not overly complicated.

Take this for example: Some credit card companies offer low rates for a set period of time, usually six months. Other companies offer cards with a low rate of interest on a permanent basis. While other credit card providers only offer lower rates on balance transfers from other cards.

Huh? Sound confusing? That`s because it is!

But don`t worry. We`ve made things very easy for you. Below you`ll find all the information you`ll need to compare various cards and interest rates and make an informed decision. A decision that`s right for You.

Alterna Bank Platinum Plus MasterCard
	Emergency replacement within 48 hours for lost and stolen cards A high available credit limit of $100,000 Add up to nine additional Authorized Users at no additional cost Low introductory promotional annual interest rate of 1.99% for 6 months on cash advances and balance transfers

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
9.99% on Purchases 11.99% on Cash Advances/Balance Transfers	$0	$5,000	Yes	Goog Credit

Alterna Bank WorldPoints MasterCard
	Redeem WorldPoints for flights, vacation packages, car rentals, and much more Low Fee: Earn 1 WorldPoint for every $1 spent on your card, with no earnings cap No Fee: Earn 1 WorldPoint for every $2 spent on your card, with no earnings cap Low Fee: 2,500 Bonus WorldPoints after first purchase Low 1.99% introductory promotional annual interest rate for 6 months on cash advances and balance transfers

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
No Fee: 14.99% on Purchases/16.99% on Cash Advances/Balance Transfers Low Fee: 12.99% on Purchases/14.99% for Cash Advances/Balance Transfers	No Fee: $0/Low Fee: $29	$5,000	Yes	Good Credit

BMO Preferred Rate MasterCard
	Extended Warranty and Purchase Protection protects your purchases Zero dollar liability protects you from unauthorized use Get cash advances at over 1 million ATM’s worldwide

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
17.5% Or 11.9% for additional $20/year	None	$500	Up to $1000	Fair Credit

Desjardins Classic VISA Card
	Optional earnings of 1% of purchases in BONUSDOLLARS for an additional $30 per year Up to 10% discounts at Hertz, worldwide Benefit from cash advances up to $2,500 daily, anywhere in the world 3-Day Travel Insurance at no extra charge

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
19.4% OR 11.8% for $30/year	$0	$500	Yes	Fair Credit

Desjardins Elegance GOLD VISA Card
	Receive extended warranties for up to one year on goods purchased with the card Get cash advances for up to $5,000 a day, anywhere in the world Enjoy discounts up to 20% at Hertz, worldwide Earn 0.5% of purchases in BONUSDOLLARS at no cost or opt for earning 1% for $30 per year

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
19.9% OR 12.8% for $30/year	$0	$5,000	Yes	Good Credit

Desjardins FOR STUDENTS ONLY Visa
	Create your own card design by using an offered template or uploading your own image that will be displayed as your card Register for the Overdraft Transfer service to cover a cheque, bill payment, etc., that exceeds the balance in your other Desjardins account Cash Advances up to $2,500 per day, anywhere in the world Cell Phone Insurance in case of loss or theft for no additional cost

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
19.4% on Purchases Optional 11.8% for $30/year	$0	$500	Yes	Fair Credit

Desjardins Modulo GOLD VISA Card
	Offers a payment holiday, where you can skip the minimum payment twice a year without affecting credit rating Insurance offered in case of loss, theft, damage, or fire for most good purchased with the card Earn up to 1% of your purchases in BONUSDOLLARS Enjoy the lowest interest rate in Canada

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
9.9% on Purchases 9.9% on Cash Advances/Balance Transfers	$50	$5,000	Yes	Good Credit

Desjardins Odyssey GOLD VISA Card
	Insurance in case of loss, theft, damage, or fire for most good purchased with card ZERO liability in the event of unauthorized use of your card, with better security with chip technology Offers an all-inclusive, comprehensive travel insurance, which also offers Travel Assistance Service available 24/7 Earn up to 2% of purchases in BONUSDOLLARS

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
19.4% OR 11.8% for $30/year	$110 ($90 for age 76+)	$5,000	Yes	Good Credit

Featured Credit Card - Aspire™ Travel World MasterCard®
	Earn more reward miles – on everything you buy! Earn 2 reward miles for every $1 – on all purchases 35,000 bonus reward miles on your first purchase 10,000 anniversary bonus reward miles every year Redeem for travel, cash, merchandise and gift cards World MasterCard benefits including Travel Emergency Medical Insurance and Trip Cancellation Insurance

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
Purchase Prime +16.8%Balance Transfer Prime +16.8% Cash Advance Prime +16.8%	$120	$0	Yes	Excellent Credit

Featured Credit Card - Fusion™ Platinum MasterCard®
	The low interest rate you need with rewards you want 5,000 bonus reward miles on your first purchase. Earn 1 reward mile for every $2 – on everything you buy. Guaranteed rate of 9.9% fixed on purchases and balance transfers

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
Purchase 9.9% Balance Transfer 9.9% Cash Advance 19.8%	$0	$0	Yes	Excellent Credit

Featured Credit Card - Gold MasterCard®: with a 11.9% Interest Rate
	Enjoy the certainty of a low long-term rate of 11.9% on purchases and balance transfers guaranteed for 3 years (as long you pay your bills on time) After that your rate will stay low and become a variable rate of Prime +9.9% on purchases and balance transfers Annual interest rate for cash advances is 19.8% Save money when you transfer high-interest debt with our no-fee balance transfer service

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
11.9% on Purchases/Balance Transfers - Locked rate for 3 years19.8% on Cash Advances.	$19	$0	Variable, currently 19.8%	Good Credit

Featured Credit Card - Gold Plus MasterCard®
	Shrink your rate by 6% over two years – to 13.8% Build your credit history Guaranteed access to credit Valuable Gold MasterCard benefits

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
Purchase 19.8% (shrinks to 13.8%)Balance Transfer 19.8% (shrinks to 13.8%) Cash Advance 19.8%	$59	$0	Yes	Want to Improve Credit

Featured Credit Card - Low Rate Guaranteed MasterCard®
	Low rate on purchases and balance transfers May help you strengthen your credit history $0 fraud liability for unauthorized use Security funds not required, unless we contact you

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
14.9% on Purchases/Balance Transfers 19.8% on Cash Advances	$79	$0	Yes	Want to Establish or Strengthen Credit

Featured Credit Card - Low Rate Guaranteed Secured MasterCard®
	Guaranteed Approval Low rate on purchases and balance transfers May help you establish or re-establish your credit history

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
Purchase Rate 14.9% Cash Advance 19.8% Balance Transfer 14.9%	$69	$0	Yes	Need to Establish Credit

Featured Credit Card - SmartLine™ Platinum MasterCard®
	No Annual Fee, Annual interest rate for cash advances is 19.8% Enjoy our lowest long-term rate of 5.99% on purchases and balance transfers guaranteed for 3 years (as long you pay your bills on time) After 3 years your rate will stay low and become a variable rate of Prime +4.99% on purchases and balance transfers Save money when you transfer high-interest debt with our no-fee balance transfer service

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
5.99% on Purchases/Balance Transfers19.8% on Cash Advances	None	$0	Yes	Good Credit

HSBC Advance MasterCard
	To become an Advance customer, you must maintain a combined balance of $25,000 or more in your deposits and/or investments with HSBC in Canada Low foreign transaction fees of 2.5% with the card Enjoy free additional cards for family members The more features you use, the more you benefit: get a banking package with no monthly fees, preferential rates, exclusive discounts, and global expertise

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
17.9% on Purchases 17.9% on Cash Advances/Balance Transfers	$0	$500	Yes	Fair Credit

HSBC MasterCard
	For an additional $35 per year, opt for the HSBC Cash Back or HSBC Travel and Merchandise Rewards Program Receive a welcome bonus of 1,000 Rewards Points Extended Warranty Insurance doubles manufacturers` warranty up to one additional year Earn a 1% rebate on purchases made with the card with the HSBC Cash Back Rewards Program

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
19.9% on Purchases/Cash Advances Low Interest Rate: 12.9% on Purchases/Cash Advances	$0/Low Interest Rate: $25	$500	Yes	Fair Credit

HSBC Premier MasterCard
	Earn 1% rebate on all your purchases, at the same time earn points which can be redeemed for travel, etc. Supplementary credit card for you or your child with full emergency assistance and support that has a controllable credit limit Emergency cash advance of $2,000USD and next-day card replacement if lost or stolen Offers a loval rewards program that entitles you to offers on shopping, dining, entertaining, and tracel experiences worldwide

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
12.9% on Purchases 12.9% on Cash Advances/Balance Transfers	$0	$1,000	Yes	Good Credit

Laurentian Bank Reduced Rate Black VISA Card
	Competitive annual interest rate Guaranteed hotel reservation when you book with your card Easy payments access; personal cheques, telephone banking, Internet or Laurentian Bank's branches Payment protection available (Assur-payment)

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
12.49% on Purchases	$30	$500	Yes	Fair Credit

L`earn VISA Card
	Earn up to 1% Moneyback annually on credit card purchases Up to 21 days interest-free grace period on new purchases Save with up to 20% on AVIS car rentals worldwide Instant Cash Advances with over 1 Million ABMs globally

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
18.59%	None	$500	Yes	Good Credit

MBNA Gold MasterCard
	Credit limit increase decision in 1 hour or less 24 hour customer service Around the clock fraud protection International acceptance at millions of locations

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
9.99% on Purchases 9.99% on Cash Advances/Balance Transfers	None	$2,500	Yes	Fair Credit

MBNA Platinum Plus
	Offers a generous credit line to those who qualify Online access to your credit card account 0% Introductory interest rate on Balance Transfers and Cash Advances for 15 months 24 Customer Service availability

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
17.99% on Purchases 19.99% on Cash Advances/Balance Transfers	None	N/A	Yes	Good Credit

National Bank of Canada Business MasterCard
	You can limit the monthly spending by authorized cardholders based on each person`s needs In the event of fraudulent use by authorized cardholders, your company is protected for up to a total of $10,000 per card For businesses that need a simple, efficient and advantageous payment tool

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
19.9% on Purchases/Cash Advances/Balance Transfers OR 13.9% for $15/year	Regular: $0 Low Interest Rate: $15	$1,000	Yes	Good Credit

National Bank of Canada Edition MasterCard
	Redeem the points accumulated to obtain brand-name items, gift cards, À la carte Extras or travel rebates Choose to either earn 1 point for every $2 spent, or for an extra $20/year receive 1 point for every $1 spent Protect your purchases at all times which doubles the manufacture warranty up to one additional year A simple solution for everyday purchases and unexpected expenses

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
19.5% on Purchases/Cash Advances/Balance Transfers Or 14.5% for $20/year	Regular: $0 Or Low Interest Rate: $20	$500	Yes	Fair Credit

National Bank of Canada PREMIA Business MasterCard
	To opt for the Rewards Plan, the regular interest rate is $105/year; the reduced interest rate is $120/year Offers the ability to seperate business from personal expenses With the Reward Plan you can show your appreciation to a valued customer, reward an employee, or even yourself with brand-name merchandise, gift certificates, etc. Save a range of percentages when you shop with your card from one of the selected partners

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
18.9% at $45/year 13.9% at $60/year ($25 per additional card)	See Interest Rates	$5,000	Yes	Excellent Credit

National Bank of Canada Syncro Card
	Benefit from a progressive and competitive rate which is a variable and low prime rate plus a fixed rate of 4% Save on interest fees: you can transfer the balance of other cards with a higher interest rate than this one Accepted by more than 30 Million merchants worldwide

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
Prime rate + 4% (Subject to variation)	$35	$1,000	Up to $500	Fair Credit

RBC Classic Low Rate VISA Card
	Permanent low interest rate helps you save money when you carry a balance on your card Accepted at more than 600,000 locations in Canada and over 22 Million worldwide 24-hour worldwide fraud detection keeps your card safe Guaranteed hotel reservations

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
11.99% on Purchases 11.99% on Cash Advances and Balance Transfers	$20 ($0 for additional cards)	$500	Yes	Fair Credit

Scotiabank Value VISA Card
	Pay lower interest rates Up to 21 day interest-free grace period on new purchases Save up to 20% with AVIS car rentals, worldwide Free Scotia VISA Cheques

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
11.49% on Purchases and Cash Advances	$29	$500	Yes	Good Credit

TD Emerald Visa Card
	Low competitive rate Option to have Visa card payments automatically withdrawn from bank account Budget Rent A Car Preferred Rates Cheque cashing privileges

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
TD Prime + 1.75% up to TD Prime + 9.75%	$25	$1000	Up to $500	Good Credit

TD Venture Line of Credit Visa Card
	No business plan to review or interview before approval Credit Limits as high as $50,000 Only pay when you use your credit Applications are approved on your personal creditworthiness Every branch banking and cheque cashing privileges

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
TD Prime + 2%-15% (determined by TD)	None	$2000	Credit limit	Good Credit

VanCity enviro Classic VISA Card
	At least 5% of VanCity`s profits go to the enviroFund, which supports local environmental projects Enjoy free extendede warranty and purchase protection insurance Earn 1 Rewards point for every $2 spent on the card Receive additional cards at no extra cost

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
Regular: 19.5% Low Rate: 11.25%/Low Rate+Rewards: 11.25%	Regular: $0/LowRate: $25/Low Rate+Rewards: $50	$500	Yes	Fair Credit

VanCity enviro Gold VISA Card
	Using enviro Gold Visa helps support local projects through the enviroFund, which donates a percentage to the fund every year Receive 2,500 My VISA Rewards Plus points when you make your first purchase, and 3,500 every year on your account anniversary Choose to get rewards only, or rewards and low interest and receive 1 point for every $1 spent

Interest Rate	Annual Fee	Minimum credit limit	Cash Advances	Credit Needed
Regular:19.5% Low Rate:11.25%/LowRate + Rewards:11.25%	Regular:$99/LowRate:$45/LowRate + Rewards:$145	$1,000	Yes	Good Credit