Here are the three best low-interest credit card offers:
CIBC Select Visa* Card
The CIBC Select Visa* Card is one of Canada’s best balance transfer Visa credit cards.
With this exclusive digital offer for this CIBC balance transfer credit card, you get :
- 0% interest on balance transfers of at least $100, for up to 10 months†
- a two-year annual fee rebate†
You’ll only pay a 1% fee when you transfer your balance from another card (balance transfer fees do not apply to Quebec residents). Once this promotional period is over, the card’s standard interest rate of 13.99% will apply to any remaining balance. This interest rate is lower than that charged by many other credit cards.
For example, you could pay for major purchases on another credit card (such as renovations, furniture or appliances) and transfer your balance to the CIBC Select Visa* Card to benefit from its 0% interest rate on balance transfers for ten months.
CIBC Select Visa* Card users can also save on gas thanks to the card’s partnership with Journie Rewards, which allows them to save up to 10 cents per litre at participating service stations.
CIBC Select Visa* Card has an annual fee of $29(refunded for the first two years) and requires an annual family income of at least $15,000 to qualify.
RBC Visa Classic Low Rate Option Card
Enjoy a promotional interest rate of 0.99% on balance transfers for the first 10 months, and pay no annual fee for the first year. Submit your application by March 25, 2026.
RBC Visa Classic Low Rate Option Card is one of the best low-interest credit cards in Canada.
You can also save on fuel at Petro-Canada stations and get 20% more Petro-Points by linking your RBC Visa Classic Low Rate Option Card to your Petro-Points program card. Finally, you get free deliveries for six months with DoorDash by adding your RBC Visa Classic Low Rate Option Card to your DoorDash account.
This way, you can get a free six-month DashPass subscription worth nearly $60 and enjoy unlimited free deliveries on orders of $15 or more by paying with your RBC Visa Classic Low Rate Option Card.