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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