Which Canadian bank offers the lowest interest rates under the best no-fee credit cards28.05.2020
Bankchart.ca has surveyed the terms of the offered best no fee credit cards in the national currency. Our website's analysts have studied the credit offers from all Canadian banks, which place rates on their websites. Review date - 28.05.2020
As of 22 May 2020 the credit cards under review have been offered by 25 banks. The average interest rate under such loans equals 19,20 % p.a. The total number of the programs available for the specified loan terms is 87.
The most affordable credit card is offered by Sears. The interest purchase rate under "Sears Credit Card" loan program constitutes 7,24 % p.a. The table below shows the best offers by each bank selected by Bankchart.ca (in terms of costs) for the aforementioned terms.
The TOP-25 best no fee credit cards, as of 22 May 2020
#
Name
Interest Purchase Rate, %
1
7,24
interest purchase rate, %
interest rate (purchases)
7,24 %
annual fee
$ 0,00
grace period
a class of the card
MasterCard
2
8,99
interest purchase rate, %
interest rate (purchases)
8,99 %
annual fee
$ 0,00
grace period
28
a class of the card
American Express
3
9,99
interest purchase rate, %
interest rate (purchases)
9,99 %
annual fee
$ 0,00
grace period
21
a class of the card
Visa Platinum
4
10,24
interest purchase rate, %
interest rate (purchases)
10,24 %
annual fee
$ 0,00
grace period
a class of the card
Visa
5
11,99
interest purchase rate, %
interest rate (purchases)
11,99 %
annual fee
$ 0,00
grace period
a class of the card
Visa
6
12,99
interest purchase rate, %
interest rate (purchases)
12,99 %
annual fee
$ 0,00
grace period
a class of the card
Visa
7
12,99
interest purchase rate, %
interest rate (purchases)
12,99 %
annual fee
$ 0,00
grace period
21
a class of the card
MasterCard
8
13,49
interest purchase rate, %
interest rate (purchases)
13,49 %
annual fee
$ 0,00
grace period
a class of the card
MasterCard
9
17,50
interest purchase rate, %
interest rate (purchases)
17,50 %
annual fee
$ 0,00
grace period
21
a class of the card
MasterCard
10
17,90
interest purchase rate, %
interest rate (purchases)
17,90 %
annual fee
$ 0,00
grace period
21
a class of the card
MasterCard
11
19,50
interest purchase rate, %
interest rate (purchases)
19,50 %
annual fee
$ 0,00
grace period
21
a class of the card
Visa
12
19,65
interest purchase rate, %
interest rate (purchases)
19,65 %
annual fee
$ 0,00
grace period
25
a class of the card
MasterCard
13
19,90
interest purchase rate, %
interest rate (purchases)
19,90 %
annual fee
$ 0,00
grace period
a class of the card
Visa
14
19,90
interest purchase rate, %
interest rate (purchases)
19,90 %
annual fee
$ 0,00
grace period
25
a class of the card
Visa
15
19,90
interest purchase rate, %
interest rate (purchases)
19,90 %
annual fee
$ 0,00
grace period
a class of the card
MasterCard
16
19,95
interest purchase rate, %
interest rate (purchases)
19,95 %
annual fee
$ 0,00
grace period
a class of the card
Visa Black
17
19,99
interest purchase rate, %
interest rate (purchases)
19,99 %
annual fee
$ 0,00
grace period
a class of the card
MasterCard
18
19,99
interest purchase rate, %
interest rate (purchases)
19,99 %
annual fee
$ 0,00
grace period
a class of the card
Visa
19
19,99
interest purchase rate, %
interest rate (purchases)
19,99 %
annual fee
$ 0,00
grace period
a class of the card
Visa
20
19,99
interest purchase rate, %
interest rate (purchases)
19,99 %
annual fee
$ 0,00
grace period
a class of the card
Visa
21
19,99
interest purchase rate, %
interest rate (purchases)
19,99 %
annual fee
$ 0,00
grace period
a class of the card
Visa Platinum
22
20,97
interest purchase rate, %
interest rate (purchases)
20,97 %
annual fee
$ 0,00
grace period
21
a class of the card
MasterCard World Elite
23
25,99
interest purchase rate, %
interest rate (purchases)
25,99 %
annual fee
$ 0,00
grace period
a class of the card
MasterCard World
24
25,99
interest purchase rate, %
interest rate (purchases)
25,99 %
annual fee
$ 0,00
grace period
a class of the card
MasterCard
25
28,80
interest purchase rate, %
interest rate (purchases)
28,80 %
annual fee
$ 0,00
grace period
25
a class of the card
Visa
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Published: 28 May 2020
Author: Prostobank Consulting
Source: https://bankchart.ca