Low InterestBalance TransferVisa

RBC Visa Classic Low Rate Option

RBC

Low 12.99% fixed interest rate card ideal for those who carry a balance or need to consolidate debt.

The RBC Visa Classic Low Rate Option is a RBC Visa card with a $20 annual fee. It does not list a rewards earn rate in our data.

Last updated October 9, 2026Source: issuer page

Key facts

Annual fee: $20
Purchase interest rate: 12.99%
Cash advance rate: 14.99%
Earn rates: No rewards earn rate listed.
Welcome offer: 0.99% intro balance transfer rate for first 10 months (with $5 BT fee), plus no annual fee for first year ($20 value)
Foreign transaction fee: 2.5%
Income requirement: Not listed

How this score is calculated

Formula

Net annual value(50%)1.8
Welcome bonus(15%)0.0
Foreign transaction fee(10%)2.5
Insurance & perks(15%)1.3
Purchase interest rate(10%)5.0

What are the fees and rates?

Verified 2026-10-09

Annual Fee

$20

Additional card: $0

Purchase Interest Rate

12.99%

Cash advance: 14.99%

Foreign Transaction Fee

2.5%

Is there a welcome offer?

Yes. 0.99% intro balance transfer rate for first 10 months (with $5 BT fee), plus no annual fee for first year ($20 value)

0.99% intro balance transfer rate for first 10 months (with $5 BT fee), plus no annual fee for first year ($20 value)

Apply by November 4, 2026

Pros

Low 12.99% fixed purchase rate
0.99% balance transfer intro rate for 10 months
No annual fee first year
Partner rewards (Petro-Canada, Canadian Tire, DoorDash)

Cons

No rewards program
$20 annual fee after first year
Limited perks vs rewards cards

What perks are included?

Low 12.99% fixed purchase rate
0.99% balance transfer intro rate for 10 months
No annual fee first year
Petro-Canada 3¢/L + 20% more Petro-Points
3X Canadian Tire Money at Triangle
6-month DoorDash DashPass
Rexall 50 Be Well points per $1

What insurance is included?

Purchase Security

Extended Warranty

Frequently asked questions

What is the annual fee on the RBC Visa Classic Low Rate Option?

The RBC Visa Classic Low Rate Option has a $20 annual fee.

What rewards does the RBC Visa Classic Low Rate Option earn?

No rewards earn rate listed.

What is the purchase interest rate on the RBC Visa Classic Low Rate Option?

The purchase interest rate is 12.99%. The cash advance rate is 14.99%.

Is there a welcome offer on the RBC Visa Classic Low Rate Option?

0.99% intro balance transfer rate for first 10 months (with $5 BT fee), plus no annual fee for first year ($20 value)

Last updated October 9, 2026Source: issuer page

Annual Fee

$20

Apply Now

On RBC's secure website

Quick Facts

NetworkVisa

Purchase APR12.99%

Cash Advance APR14.99%

Balance Transfer APR14.99%

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