- No rewards breakdown available
Enjoy a 0.99% introductory interest rate for the first 10 months on balance transfers.
The RBC Visa Classic Low Rate Option card focuses on savings over traditional rewards, featuring a low fixed rate on purchases and cash advances.
This card shines for its low fixed interest rate of 12.99% on purchases and cash advances, making it a solid option for individuals looking to minimize interest charges while managing their debt.
Pros:
- Low fixed interest rate
- Introductory balance transfer rate
Cons:
- Limited rewards
- Annual fee applies
The RBC Visa Classic Low Rate Option is best suited for individuals seeking a straightforward credit card with a low fixed interest rate, particularly those who may carry a balance and want to minimize interest charges over time. With an annual fee of CA$20 and no rewards program, it is a practical choice for consumers focused on cost-effective borrowing rather than earning rewards.