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How Do I Choose the Best Low Interest Rate Credit Card?
That depends on how you manage your credit and the level of certainty you’re comfortable with:
- Variable interest rate is a good choice if you have a good credit rating and can tolerate your interest rate changing when the prime rate goes up or down.
- Fixed interest rate is a good choice if you prefer peace of mind and a consistent low interest rate.
Browse our selection of cards — and apply online in minutes.
Compare Low Interest Rate Credit Cards
RBC Visa Classic Low Rate Option
- Low interest rate on purchases and cash advances
- Low annual fee
- Purchase security and extended warranty insurance**
- Annual Fee: $20
- Purchase Rate: 12.99%
- Additional Card: $0
- Cash Advance Rate: 12.99%
RBC RateAdvantage Visa
- Low variable interest rate
- No annual fee
- Purchase Security and Extended Warranty insurance4
- Annual Fee: $0
- Purchase Rate: Prime + 4.99% - 8.99%
- Additional Card: $0
- Cash Advance Rate: Prime + 4.99% - 8.99%
RBC Visa CreditLine for Small Business
- Earn 1 Avion point for every $2 spent in net purchases with your card
- Low competitive interest rate
- No Annual Fee
- Annual Fee: $0
- Purchase Rate: Prime + 2.9% to 11.9%
- Additional Card: $0
- Cash Advance Rate: Prime + 2.9% to 11.9%
Frequently Asked Questions
Typical credit cards have an interest rate ranging from
19.99%-22.99%, while our low interest rate cards can be as
low as Prime+4.99% to 11.99%. If you tend to carry a
balance on your credit card month over month, a low
interest rate credit card can save you money on interest
costs.
A low interest rate credit card means that you pay less interest on your credit card balance than you would pay with a typical credit card. You can save on interest charges and have more money left in your pocket.
All of our cards also come with purchase security and extended warranty insurance benefits.
All of our cards also come with purchase security and extended warranty insurance benefits.
You may find a lower promotional interest rate as a
special offer, but those tend to be for a limited time
only. Our low interest rate cards focus on low rates as a
standard benefit. So if you regularly carry a balance,
our low rate options could be the right fit for you.