Showing results for Canada
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Forbes Advisor
forbes.com › advisor › ca › credit-cards › best › low-interest
Best Low-Interest Credit Cards In Canada For 2025 – Forbes Advisor Canada
November 4, 2025 - We’ve scored them based on their interest rate, annual fee, annual reward earnings and balance transfer rate. From there, we’ve given each of the best low-interest credit cards in Canada a score out of five and ranked them in order.
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NerdWallet
nerdwallet.com › back to nerdwallet homepage › credit cards › best low-interest credit cards in canada | 2025
Best Low-Interest Credit Cards In Canada | 2025 - NerdWallet Canada
Save up to hundreds of dollars a year on interest with the Scotiabank Value Visa Card. Special offer: 0.99% introductory interest rate on balance transfers for the first 9 months (2% fee per cash advance, 13.99% after that; annual fee $29).
People also ask

Do low interest credit cards offer rewards?

The vast majority of low interest credit cards do not offer rewards, which is the tradeoff for the low interest rate you pay. Rewards cards tend to come with high interest rates, so if your main priority is paying off debt, it’s wise to avoid them and stick with a low interest credit card or a balance transfer card. Most low interest credit cards that skip on rewards also don't charge a high annual fee, offering a greater savings potential. However, if you are interested in earning rewards as well paying lower interest, the Scotiabank* Platinum American Express Card  lets you earn Scene+ points while also providing a full suite of perks, including travel benefits such as complimentary airport lounge access and trip cancellation insurance. 

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ratehub.ca
ratehub.ca › blog › best-low-interest-credit-cards-in-canada
The best low interest credit cards in Canada for 2026 | Ratehub.ca
Why should I get a low interest rate credit card?
Typical credit cards have an interest rate ranging from 19.99%-22.99%, while the RBC low interest rate cards can be as low as 12.99%. If you tend to carry a balance on your credit card month over month, a low interest rate credit card can save you money on interest costs.
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rbcroyalbank.com
rbcroyalbank.com › personal › credit cards › low interest rate credit card
Low Interest Rate Credit Cards - Apply & Save on Interest | RBC ...
Is a balance transfer credit card better than a low-interest credit card?

Whether you should choose a balance transfer credit card or a low-interest credit card depends on your needs. If you want to consolidate credit card debt and pay it off over a relatively short period (less than one year), a balance transfer credit card may be right for you. If you want to finance purchases or carry a balance over the long term, a low-interest credit card might be a better choice.

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forbes.com
forbes.com › advisor › ca › credit-cards › best › low-interest
Best Low-Interest Credit Cards In Canada For 2025 – Forbes Advisor ...
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Ratehub.ca
ratehub.ca › blog › best-low-interest-credit-cards-in-canada
The best low interest credit cards in Canada for 2026 | Ratehub.ca
1 week ago - For example, the MBNA True Line Mastercard, which is our pick for the best low interest credit card, offers a below-average interest rate of 12.99% and a balance transfer for 0% interest for 12 months.
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Rates.ca
rates.ca › credit-cards › low-interest-rates
Compare 2025's Best Low Interest Credit Cards in Canada
Get a quick-and-dirty reference guide for the different tiers of Canada’s most popular credit cards. ... Buying Canadian isn’t just satisfying—it’s a good way to dodge import tariffs. The right credit card makes spending more rewarding, with perks like cashback, points, or local discounts. ... Aeroplan Air Miles Balance Transfer Business Cash Back Gas Reward Guaranteed approval Low Cash Advance Low Interest No Fee No Foreign Transaction Fees Newcomers to Canada Rewards Secured Student Travel
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Borrowell
borrowell.com › blog › best-low-interest-credit-cards-in-canada
Best Low Interest Credit Cards in Canada for 2024 | Borrowell™
The American Express Essential Credit Card is a solid low interest rate card that offers peace of mind with complimentary travel accident insurance and purchase protection, and extended warranty coverage.
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RBC Royal Bank
rbcroyalbank.com › personal › credit cards › low interest rate credit card
Low Interest Rate Credit Cards - Apply & Save on Interest | RBC Royal Bank of Canada
From everyday value to travel rewards and student-friendly options, RBC offers a range of Canadian credit cards designed to fit your lifestyle. ... Whether you’re balancing your budget, funding an unexpected purchase or consolidating debt, a fixed low interest rate credit card can help you pay less interest when you carry a balance.
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Spring Financial
springfinancial.ca › home › the best low-interest credit cards in canada
The Best Low-Interest Credit Cards in Canada - Spring Financial
July 4, 2025 - If you don’t hold any outstanding ... that you could get in Canada, the best option for customer satisfaction is the MBNA True Line Mastercard....
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Scotiabank Canada
scotiabank.com › ca › en › personal › credit-cards › low-interest.html
Low Interest Credit Cards | Save on Interest | Scotiabank Canada
Start your applicationfor the Scotiabank Value Visa Credit Card · Are you new to Canada in the past three years? Visit a branch to apply. Use our Branch Locator ... Want to obtain a convenient and secure payment method for everyday purchases, that can also help you to build your credit history ...
Find elsewhere
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TD
td.com › ca › en › personal-banking › products › credit-cards › low-rate
Apply Online for Low interest rate Credit Cards in Canada | TD Canada Trust
TD Visa Low interest credit cards give you credit flexibility with a low interest rate for purchases, balance transfers and cash advances in Canada. Apply online today!
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Rates.ca
rates.ca › credit-cards
Best Credit Cards of 2025 in Canada
We compared low-interest credit cards in Canada using our Best of Finance methodology and ranked the cards that provided the most potential savings.
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BMO
bmo.com › credit cards › low interest/low fee credit cards
Apply Online for Low Interest Rate Credit Cards - BMO Canada
The BMO Preferred Rate Mastercard gives you our biggest savings with a low annual fee and a lower interest rate than other BMO credit cards at 13.99%.
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MoneySense
moneysense.ca › home › articles › the best low-interest credit cards in canada for 2025
The best low-interest credit cards in Canada for 2025 - MoneySense
September 3, 2024 - At a glance: For individuals trying to tackle credit card debt, the RBC Visa Classic Low Rate Option is a valuable card. It offers a consistent 12.99% interest rate for purchases and cash advances—that can’t be said of all low-interest credit ...
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CIBC
cibc.com › en › personal-banking › credit-cards › no-annual-fee.html
Choose the Best CIBC No Annual Fee Credit Cards in Canada for You
Pay off large purchases with CIBC Pace It™ low rate Installment Plans‡ · Save up to 10 cents per litre on gas with CIBC and Journie Rewards† ... Learn more about the CIBC Classic Visa Card.
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FinlyWealth
finlywealth.com › best-credit-cards › low-interest
Top 8 low-interest credit cards in Canada for December 2025 | FinlyWealth
October 6, 2024 - The Scotiabank Platinum American Express Card is both one of the best no foreign transaction fee credit cards in Canada and best lounge credit cards in Canada. With the lowest interest rates in both cash advance and purchase categories, it's ...
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MBNA Canada
mbna.ca › en
Offering both rewards credit cards with no annual fee as well as low interest credit card options | MBNA Canada
Not sure which credit card is for you? View all MBNA credit cards ... Welcome offer: You could get a 0% promotional annual interest rate (“AIR”)† for 12 months on balance transfers✪ completed within 90 days of account opening.
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Borrowell
borrowell.com › credit-cards › low-interest
Apply for Low Interest Rate Credit Cards in Canada | Borrowell™
Compare the best low interest credit cards Canada has to offer in 2025. Get the lowest interest rates for your everyday purchases, Apply online and get approved.
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Mastercard
mastercard.ca › en-ca › categories › low-rate
Low Rate Credit Cards | Find a Credit Card
Enjoy our lowest interest rate of 13.99% on purchases* ... Enjoy three months of Instacart+ and a $5 monthly Instacart credit when you enroll your eligible BMO Credit Card.*
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Money.ca
money.ca › credit-cards › best-low-interest-rate-credit-cards-canada
Best Low Interest Credit Cards in Canada 2025 | Top Picks
January 13, 2025 - The American Express Essential™ Credit Card is a low-interest credit card designed for individuals seeking to manage their finances more effectively. It offers benefits such as purchase protection, extended warranty, and access to exclusive ...
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Canada.ca
canada.ca › en › financial-consumer-agency › services › credit-cards › choose-credit-card.html
Choosing a credit card - Canada.ca
Even if there is a fee, a low-rate card may be a better option. Suppose you regularly carry a balance on your credit card. You want to pay off your balance of $4,000 in one year. ... In this example, you'll pay $273 less in interest with the low interest rate card.
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Narcity
narcity.com › canada › money › credit cards › these are canada's best credit cards for 2026, from cash back to travel rewards
These are Canada's best credit cards for 2026, from cash back to travel rewards - Narcity
November 21, 2025 - For folks who tend to carry a balance, the MBNA True Line Mastercard offers serious savings, winning Ratehub's award for the best low-interest card for the fourth year in a row. It has no annual fee or income requirement, and it comes with a ...