Laurentian Bank Visa Black Reduced Rate Card

Laurentian Bank Visa Black Reduced Rate Card

Welcome Bonus


Best For

Year 1


Years 2 and +


Annual Fee


Interest rates
Purchase Rates

12.49 %

Cash Advance Rates

12.49 %

Balance Transfer Rates

12.49 %

Your Monthly Spending


You benefit from a year-round interest rate of 12.49%.

Fees & Conditions

Personal Income $0
Household Income $0
Annual Fee $30
First Additional Card $0
Purchase Rates 12.49%
Cash Advance Rates 12.49%
Balance Transfer Rates 12.49%


Year 1
Years 2 and +
Welcome bonus
0 $
Annual credit
Travel benefits
VIP lounges
First-Year Offer Value
Accumulated rewards
Annual fee
Net value

Reward points value

We have established a valuation of the reward point in cents for each loyalty program. More information on the points valuation page.

First-year value

For all credit cards offers, we estimate the value of the welcome offer (bonus, annual fee rebate) in the first year, plus the value of the rewards earned based on your purchases entered in the calculator for the six categories:

  • Grocery
  • Gas/Transit
  • Meals
  • Travel
  • Bills
  • Other purchases

First-Year Net Value = Welcome Bonus Value + Benefits (Annual Credit, VIP lounges, etc.) + Earned Rewards First-Year Annual Fee

Value of subsequent years

For the value of subsequent years, we consider the earned rewards based on your purchases indicated in the calculator and any benefits offered.

Subsequent years’ net value = Earned Rewards + Benefits (Annual Credit, VIP lounges, etc.) Annual fee

VIP lounges:

For credit cards with complimentary airport lounge access, this benefit is calculated as follows:

  • 1 access = $40
  • Unlimited access = $400 (the value of 10 annual visits)


All Spending 0.00
Drugstores 0.00
Groceries 0.00
Convenience Stores 0.00
Gas 0.00
Telecom/Internet 0.00
Local Transport 0.00
Streaming services 0.00
Dining and Food delivery 0.00
Online transactions 0.00
Recurring Payments 0.00
Office Supplies 0.00
Travel 0.00
Entertainment 0.00
2 Milesopedia Rating