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Laurentian Bank
Laurentian Bank · Visa

Laurentian Bank Visa Cashback

Strong cash back Cash Backno_fee_supplementary
3.5
★★★☆☆

Solid value

CardPick score · from real fees, rewards & perks
You'll finish your application securely on Laurentian Bank's own website.
Welcome value
$60
est. first-year value
Annual fee
$65
per year
Purchase interest
20.99%
on carried balances
Rewards type
cashback
on eligible spend
🛒
2% value on groceries
Your top earn category
🎁
$60 welcome bonus
Estimated first-year value
🛡️
3 insurance coverages
Built-in protection

Rewards

Base earn rate1% cash back on everything else
Welcome bonusGet up to $60 cash back when you spend $1,000 in the first 3 months and set up a pre-authorized payment. Plus, earn $20 for every friend or family member you refer.
Rewards typecashback

Fees & rates

Annual fee$65
Purchase interest rate20.99%
Cash advance rate22.99%
Foreign transaction fee2.5% (typical)

Standout perks

Virtual card available instantly upon approval
Real-time purchase notifications
Lock and unlock card features and block online transactions in foreign currency
inCard offers on everyday purchases
eShop offers with up to 15% back in points on favourite brands
Add up to 4 additional cardholders (authorized users) ages 13 and up with real-time spending limit controls
Flexible instalment plan options for eligible purchases
starting at 5.99% interest for 3-6 months

Everyday features

📱 Apple Pay & Google Pay
🔒 Zero-liability fraud protection
📶 Tap to pay
🛒 Purchase security

Insurance coverage

🛡️

purchase protection

Included — see issuer for details.

🛡️

extended warranty

Included — see issuer for details.

🛡️

fraud protection

Included — see issuer for details.

Eligibility

Minimum personal income$15,000
Credit score guidanceGood (660+)
ResidencyCanadian resident