Canadian Credit Card Rates, Reviews & Applications
| APR | Annual Fee | Balance Transfer Rate | Balance Transfer Fee | Credit Required | |||
|---|---|---|---|---|---|---|---|
 |
MBNA Gold MasterCard® - Fixed 9.99% AIR Review 9.99% Annual Interest Rate on Purchases and Cash Advances |
9.99% | $0 | 9.99% | 1% | Good Credit | Apply |
 |
Capital One Gold MasterCard®: 11.9% Review 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) |
11.90% for 3 years | $19 | 11.9% for 3 years | 0% with application | Good Credit | Apply |
 |
Capital One SmartLine™ Platinum MasterCard Review No Annual Fee, Annual interest rate for cash advances is 19.8% |
5.99% for 3 years | $0 | 5.99% for 3 years | 0% with application | Excellent Credit | Apply |
 |
MBNA Platinum Plus® MasterCard® - 1.99 for 10 Review 1.99% introductory Annual Interest Rate† for 10 months on Cheque Cash Advances and Balance Transfers* |
17.99% | $0 | 1.99% for 10 months | 1% | Good Credit | Apply |
 |
MBNA Platinum Plus® MasterCard® credit card - 0% for 10 months Review 0% introductory annual interest rate† on balance transfers* and access cheques and deposits* for the first 10 full months |
17.99% | $0 | 0% for 10 months | 1% | Good Credit | Apply |
 |
Capital One Fusion™ Platinum MasterCard® Review The low interest rate you need with rewards you want |
9.90% | $0 | 9.90% | 0% with application | Good Credit | Apply |
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Capital One Low Rate Guaranteed Secured MasterCard® Review Guaranteed Approval |
14.90% | $69 | 14.9% | 0% with application | Establish Credit | Apply |
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MBNA CAA Quebec MasterCard Review Earn $.02 per litre of gas at participating Couche-Tard outlets |
14.99% | $0 | 3.99% for 6 months | 1% | Good Credit | Apply |
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CIBC Aerogold Business Visa Card Review 1.5 Aeroplan Miles for every dollar you spend at travel establishments |
10.90% | $180 | n/a | n/a | Good Credit | Apply |
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RBC Visa Classic Low Rate Review Permanent low interest rate helps you save money when you carry a balance on your card |
11.90% | $20 | n/a | n/a | Good Credit | Apply |
It's always a good idea to shop around for the best interest rate for any type of loan, especially when it comes to credit cards. However, before you jump at the first offer you see, think about how you will use the card. If you plan on paying off the balance every month, then a rewards credit card may be a better choice. But if you are financing a major purchase, or will carry a monthly balance, then definitely choose a low rate card.
You will need excellent credit to be approved for the best rates. Credit card companies are very good at assessing risk, so if your credit report is full of negative items there's a good chance your application will be declined. Work on building a positive credit history and your credit rating will rise over time.
A balance transfer is the process of moving debt from a high interest card to one with a lower rate. The benefits are many, including lower payments, lower interest charges, and a quicker payoff. Take advantage of introductory rates to help pay down your debt faster.
How to Get Your Credit Card’s Interest Rates Lowered