RBC Visa Classic Low Rate Option
Enjoy a 0.99% introductory interest rate for the first 10 months on balance transfers
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📋Card Overview
🎁Welcome Bonus & Eligibility
Welcome Offer
Enjoy a 0.99% introductory interest rate for the first 10 months on balance transfers
Eligibility Requirements
Additional cardholders(s) (co-applicant and authorized user(s)) on the RBC Visa Classic Low Rate Option credit card account, as well as existing cardholders on any RBC Royal Bank personal credit card transferring to an RBC Visa Classic Low Rate Option credit card during the Offer Period, are not eligible for this offer.
✨Key Card Features
- Save 3/L on fuel and earn 20% more Petro-Points when you pay with an eligible linked RBC card Link your eligible RBC Card and earn 50 Be Well points on every $1 spent on eligible purchases at Rexall Get a 6-month complimentary DashPass subscription - a value of almost $60. Plus
- enjoy unlimited deliveries with $0 delivery fees on qualifying orders of $15 or more when you pay with your eligible RBC credit card
🏆Rewards Program
N/A
Earn rewards on every purchase with the N/A program. Redeem for travel, merchandise, gift cards, or statement credits.
Video Review
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Watch our detailed video review for the full breakdown and honest opinions
👤Who Can Apply?
Residency
Canadian residents
Eligibility
Generally available to Canadian residents who have reached the age of majority. No specific minimum income is required.
🤔Is This Card Right For You?
✅ This card is great for:
- •People who want N/A rewards
- •Anyone looking for a generous welcome bonus
❌ Look elsewhere if:
- •You want a no-annual-fee card
- •You don't spend enough to justify the rewards structure
- •You prefer a different rewards program
⚖️Pros & Cons
Pros
- +Generous welcome bonus: Enjoy a 0.99% introductory interest rate for the first 10 months on balance transfers
- +Free additional cards
Cons
- −Limited premium benefits for the annual fee
🏆Our Verdict
The RBC Visa Classic Low Rate Option offers a balanced mix of rewards and benefits for the $20 annual fee. The welcome bonus helps justify the first-year cost. Consider your spending habits to determine if this card aligns with your financial goals.
Apply on Issuer Site❓Frequently Asked Questions
What is the annual fee for the RBC Visa Classic Low Rate Option?
The RBC Visa Classic Low Rate Option has an annual fee of $20. no annual fee for the first year.
What are the interest rates for the RBC Visa Classic Low Rate Option?
The purchase interest rate is 12.99% and the cash advance rate is 12.99%.
Who can apply for the RBC Visa Classic Low Rate Option?
Generally available to Canadian residents who have reached the age of majority. No specific minimum income is required.
What welcome bonus does the RBC Visa Classic Low Rate Option offer?
Enjoy a 0.99% introductory interest rate for the first 10 months on balance transfers
Is the RBC Visa Classic Low Rate Option worth it?
The RBC Visa Classic Low Rate Option is worth considering if you can maximize its rewards. The welcome bonus of Enjoy a 0.99% introductory interest rate for the first 10 months on balance transfers adds significant value. The N/A program offers flexibility for redemptions.
