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RBC Visa Classic Low Rate Option Review
The Bottom Line
A low-interest credit card in case you want to carry a balance every month.
APPLY NOW
on RBC's website
Welcome Bonus
N/A
Rewards Rate
No Rewards
Annual Fee
$0
Interest Rates
12.99% / 12.99%
Rewards
- Get a low, fixed annual interest rate of 12.99% on purchases, cash advances including balance transfers.1 No surprises.
- Your RBC Visa Classic Low Rate Option card includes purchase security and extended warranty insurance coverage4.
- Get special partner offers from brands like Petro Canada, Rexall and DoorDash.
Insurance
Coverage
Purchase Protection
90 days
Extended Warranty
Doubled Up to 1 year
Benefits
Details
Extra points
50 Be Well points for every $1 spent on eligible products at Rexall.svg)
Gas Discount
save 3¢/L on fuel and always earn 20% more Petro-Points at Petro-Canada and 20% more Avion points at Petro-Canada
Eligibility
Credit Score
GoodAnnual Income
N/A
*Refer to RBC page for up to date offer terms and conditions. The Website may engage in affiliate marketing, which is done by embedding tracking links into The Website. If you click on a link for an affiliate partnership, a cookie will be placed on your browser to track any sales for purposes of commissions. Check here for full details and current product information.
Card Details
Interest Rates
Purchase APR
12.99%
Cash Advance APR
12.99%
Balance Transfer APR
12.99%
Fees
Annual Fee
$0
Additional Cards
$0
Eligibility
Minimum Individual Income
N/A
Minimum Household Income
N/A
Credit Score Estimate
Good
Type
Card Type
Credit
Reward Type
None
Pros & Cons
Pros
- No Annual Fee
- Lower interest rates compared to other credit cards
Cons
- No rewards
- No welcome bonus or promotional interest rate
RBC Visa Classic Low Rate Option
3.3
FinlyWealth Rating
on RBC's website