Compare 7 best low interest cards from Canada's top banks in 2025
Compare the best low interest credit cards available in Canada. Our comprehensive comparison includes cards from major banks like TD, RBC, BMO, CIBC, and Scotiabank, helping you find the perfect card for your needs.
Whether you're looking for rewards, low fees, or specific benefits, our detailed reviews and comparisons make it easy to find the right low interest credit card for your lifestyle and spending habits.
The Honest Canadian Rankings
RBC
Annual Fee
$0.00
Purchase APR
N/A
Foreign Fee
2.5%
Key Benefits
Card Features
RBC
Annual Fee
$20.00
Purchase APR
12.99%
Foreign Fee
2.5%
Welcome Offer
Limited Time Offer
Key Benefits
Card Features
BMO
Annual Fee
$29.00
Purchase APR
13.99%
Foreign Fee
2.5%
Welcome Offer
Get a 0.99% introductory interest rate on Balance Transfers for 9 months with a 2% transfer fee.
Key Benefits
Card Features
Scotiabank
Annual Fee
$29.00
Purchase APR
13.99%
Foreign Fee
2.5%
Welcome Offer
0.99% introductory interest rate on balance transfers for the first 9 months (2% fee per cash advance, 13.99% after that; annual fee $29). Plus no annual fee in the first year.
Key Benefits
Card Features
CIBC
Annual Fee
$29.00
Purchase APR
13.99%
Foreign Fee
2.5%
Welcome Offer
Transfer your credit card balance — get 0% interest for up to 10 months with a 1% transfer fee.
Key Benefits
Card Features
Scotiabank
Annual Fee
$29.00
Purchase APR
13.99%
Foreign Fee
2.5%
Welcome Offer
0.99% introductory interest rate on balance transfers for the first 9 months (2% fee per cash advance, 13.99% after that; annual fee $29). Plus no annual fee in the first year.
Key Benefits
Card Features
TD Bank
Annual Fee
$25.00
Purchase APR
12.9%
Foreign Fee
2.5%
Welcome Offer
Get a 0% promotional interest rate on Purchases for the first 6 months from Account opening. Conditions Apply.
Key Benefits
Card Features