⚠ Disclaimer: We may earn a commission if you apply through the links on this page. Any results described are from our own personal experience — individual results vary, and card terms and rewards pricing change over time, so confirm current details with the issuer before applying.
The RBC Visa Classic Low Rate Option waives the $20 annual fee in the first year; it carries a low 12.99% purchase rate if you sometimes keep a balance.
Welcome offer
Enjoy a 1.9% introductory interest rate for the first 10 months on balance transfers and no annual fee for the first year. Apply by January 12, 2027.
Key facts
Pros
- Low annual fee
- Lower interest rates
- Low interest welcome bonus
- first-year fee rebate
Cons
- No rewards
All RBC cards · Low interest cards · Balance transfer cards
Similar cards
| Card | Welcome offer | Extra cash back | Annual fee | Purchase rate | Cash advance | FX fee | |
|---|---|---|---|---|---|---|---|
| 0% rate on balance transfers for 12 months (3% fee applies). Not available for residents of Quebec. | +$50 cash back | $0 | 12.99% | 24.99% | 2.5% | Apply → | |
 Scotiabank | 0% interest on balance transfers for 9 months + first year fee rebate + extra savings at shell | +$50 cash back | $291st year free | 13.99% | 13.99% | 2.5% | Apply → |
| Get a 0% introductory interest rate on Balance Transfers for 18 months with a 3% transfer fee and a $29 first-year annual fee rebate. | — | $291st year free | 13.99% | 15.99% | 2.5% | Apply → | |
| — | — | $39 | 10.99% | 24.99% | 2.5% | Apply → |
Card data from FinlyWealth, updated 2026-11-08. Rates, fees and offers change often — confirm the current terms on the issuer's site before applying. crediteasy.ca is independent and does not provide financial advice.