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Laurentian Bank
Laurentian Bank · Visa · Classic

Laurentian Bank Visa Reduced Rate

Low interest Low InterestCash BackNo Annual Fee
3.1
★★★☆☆

Solid value

CardPick score · from real fees, rewards & perks
You'll finish your application securely on Laurentian Bank's own website.
Welcome value
est. first-year value
Annual fee
$30
per year
Purchase interest
12.49%
on carried balances
Rewards type
cashback
on eligible spend
🛒
1% value on groceries
Your top earn category
🛡️
1 insurance coverages
Built-in protection

Rewards

Base earn rate100 points redeemable for $1
Welcome bonusGet over 2,000 bonus points plus 0.99% interest on balance transfers. Rack up the bonus points with multiple earning opportunities.
Rewards typecashback

Fees & rates

Annual fee$30
Purchase interest rate12.49%
Cash advance rate13.99%
Foreign transaction fee2.5% (typical)

Standout perks

Assur-Payment optional program combining insurance, advice and health and wellness assistance services
$0.97 per $100 of monthly balance used
Instalment plan allowing flexible payment options for eligible purchases CAD 100 and over
starting at 5.99% interest for 3-, 6-, 12-, or 24-month plans
inCard offers providing rewards on everyday purchases with hundreds of participating merchants
eShop offering cash back on purchases at favourite brands
up to 15% back in points

Everyday features

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

Insurance coverage

🛡️

fraud protection

Included — see issuer for details.

Eligibility

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