Best Low Interest Credit Cards in Canada (2026)
Low interest credit cards charge a lower purchase rate than typical Canadian cards, which can matter if you sometimes carry a balance. Rewards are usually modest compared with cash-back or travel cards. Compare the annual fee against the rate difference, and whether a promotional rate expires. The cards below currently list Low Interest as the category in our data.
Showing 12 cards
BMO Preferred Rate Mastercard
by BMO
Annual Fee$29
Welcome BonusGet a 0% introductory interest rate on Balance Transfers for...
CIBC Select Visa Card
by CIBC
Annual Fee$29
Welcome BonusTransfer your credit card balance of $100 or more - get 0% i...
MBNA True Line Mastercard
by MBNA
Annual Fee$0
Welcome Bonus0% promotional AIR for 12 months on balance transfers comple...
RBC Visa Classic Low Rate Option
by RBC
Annual Fee$20
Welcome BonusEnjoy a 0.99% introductory interest rate for the first 10 mo...
Scotiabank Value Visa Card
by Scotiabank
Annual Fee$29
Welcome BonusGet a 0.99% promotional interest rate on balance transfers f...
TD Low Rate Visa Card
by TD
Annual Fee$25
Welcome BonusGet a 0% promotional interest rate on Purchases for the firs...
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