Laurentian Bank Visa Infinite Card

Laurentian Bank Visa Infinite Card

Welcome Bonus

None Ends Jan 30, 2022

Best For

Value
Year 1

$646

Years 2 and +

$211

Annual Fee

$130

Interest rates
Purchase Rates

19.99 %

Cash Advance Rates

21.99 %

Balance Transfer Rates

21.99 %

Your Monthly Spending

Offer

Offer
  • Earn up to 8 points for each dollar spent on gas, groceries and restaurants (within the first 3 months)
  • Plus a $130 credit for $10,000 total spent (during the first year)
  • 2 points per dollar on pre-authorized debit purchases
  • 2 points per dollar spent on grocery, gas , travel and transportation
  • 1 point per dollar on all other eligible purchases

Fees & Conditions

Personal Income $60,000
Household Income $100,000
Annual Fee $130
First Additional Card $50
Other Additional Card $50
Foreign Transaction Fee 2.5%
Purchase Rates 19.99%
Cash Advance Rates 21.99%
Balance Transfer Rates 21.99%

Value

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

Advantages

Offer ends on Jan 30, 2022
Welcome Bonus Up to $175 cash back
Minimum Spending Required $3,500
Minimum Spending Timeframe 90 day(s)
Concierge

Earnings

All Spending 1
Drugstores 1
Groceries 2
Convenience Stores 1
Gas 1
Telecom/Internet 1
Local Transport 2
Streaming services 1
Dining and Food delivery 1
Online transactions 1
Recurring Payments 2
Office Supplies 1
Travel 2
Entertainment 1

Insurance

Common Carrier Travel Accident Insurance
Delayed Baggage Insurance
Trip Cancellation Insurance
Trip Interruption Insurance
Purchase Protection
Extended Warranty
2 Milesopedia Rating