The following is the first of my monthly credit card reports where I illustrate the lowest interest credit cards in Canada.
It's interesting to know that low interest cards are usually the benefit of having good credit. Having said that, there are also low interest secured and guaranteed credit cards for those re-establishing their credit score.
As time goes by, I'll add even more details and interesting facts... for today, I'm pretty excited to get this one published!! I hope you will enjoy, and be able to compare rates.!
| Low Interest Credit Cards Canada - Non Secured | ||
| As at: January. 23, 2010 | Â | Â |
| Description | Typical APR | Annual Fee |
| Capital One - SmartLineâ„¢ Platinum MasterCard | 5.9% | $ 0 |
| Enjoy our lowest long-term rate of 5.99% on purchases and balance transfers guaranteed for 3 year - No Annual Fee | ||
| Capital One - Low Rate Guaranteed Secured MasterCard® | 14.9% | $ 69 |
| Approval Guaranteed & May help you establish or re-establish your credit history | ||
| TD Emerald Visa - Requires very good credit. 21% Interest if payments go past due | 4.2% | $ 25 |
| Scotiabank Value® VISA - Interest free up to 21 days. Pay down balances faster | 11.5% | $ 29 |
| Low Interest Canadian Credit Cards Cont'd | ||
| CIBC Select VISA Card - Has CIBC CreditSmart®- a revolutionary array of credit management features - | 11.5% | $ 29 |
| BMO Preferred Rate MasterCard - Continued Warranty and Purchase Protection protects what you buy | 11.9% | $ 25 |
| RBC Visa Classic Low Rate - Worldwide cash access up to $500 daily (up to your available credit limit) | 11.9% | $ 20 |
| Capital One - Low Rate Guaranteed Secured MasterCard® - Approval Guaranteed & May help you establish or re-establish your credit history | 14.9% | $ 69 |
| MBNA - Platinum Plus® MasterCard® | 19.9% | $ 0 |
| Generous Limit Up to $100,000. Rates can be lowered as you build up your credit history | ||
| Compare All Our Capital One Low Interest Credit Cards Here | ||
| "What Is" - Credit Articles | ||
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| Low Interest Credit Card Rates for Canadians | ||
