Best Credit Cards in Canada for June 2024

This Page's Content Was Last Updated: June 3, 2024
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BEST CREDIT CARDS
IN CANADA FOR
Click on a category below to see the best credit cards in that category.

Best Credit Cards in Canada for Rewards

Credit cards are a great way to get reward points on your purchases. Best rewards credit cards are the best overall for getting the most out of your spending. Since these credit cards are gathered from all available rewards credit cards, you need to pick what rewards you value most.

How we Sort Credit Cards: We sort credit cards based onand the card's annual fee. We estimate the dollar value of the rewards you would get based on your spending categories, and we subtract the annual fee the card charges to get the best credit cards for your spending habits. We also use the salary to filter out cards based on the minimum income requirement.Disclaimer: We may receive compensation for some credit cards presented. The algorithm we use to sort credit cards is not influenced by the compensation.
RBC WestJet Mastercard Img
Welcome Bonus
  • Receive 100 WestJet Dollars points when you spend $1,000.00 during the first 3 months.

Key Features
Annual Fee IconAnnual Fee

$39.00

Interest Rate IconInterest Rates

Purchase: 20.99%

Cash: 22.99%

Min Income IconMin. Income

Income Requirement Is Not Specified.

Credit Score IconCredit Score

580

or More


Rewards: WestJet Dollars Points

1 WestJet Dollars Point ≈ ¢100

  • 0.015 WestJet Dollars Point for each $1 spent on: WestJet Purchases.0.015 WestJet Dollars Point ≈ $0.015 in cash equivalent.
  • 0.01 WestJet Dollars Point for each $1 spent on: everything else.0.01 WestJet Dollars Point ≈ $0.01 in cash equivalent.

Insurance Included
  • Baggage Loss/Delay
  • Car Rental
  • Hotel/Motel Burglary
  • Travel Accident
  • Trip Delay/Cancellation
  • Trip Interruption
RBC ION+ Visa Img
Welcome Bonus
  • Receive 3500 Avion points when you spend $500.00 during the first 3 months.
  • Receive 3500 Avion points when you make 1 purchase.

Key Features
Annual Fee IconAnnual Fee

$48.00

Interest Rate IconInterest Rates

Purchase: 20.99%

Cash: 22.99%

Min Income IconMin. Income

Income Requirement Is Not Specified.

Credit Score IconCredit Score

580

or More


Rewards: Avion Points

1 Avion Point ≈ ¢0.58

  • 3 Avion Points for each $1 spent on: gas, grocery, streaming, EV charging and entertainment.3 Avion Points ≈ $0.0174 in cash equivalent.
  • 1 Avion Point for each $1 spent on: everything else.1 Avion Point ≈ $0.0058 in cash equivalent.

Insurance Included
  • Extended Warranty
  • Purchase Assurance
TD Bank Aeroplan Visa Platinum Credit Img
Welcome Bonus
  • Receive 10000 Aeroplan points when you spend $1,000.00 during the first 3 months.
  • Receive 10000 Aeroplan points when you make 1 purchase.

Key Features
Annual Fee IconAnnual Fee

$89.00

Interest Rate IconInterest Rates

Purchase: 20.99%

Cash: 22.99%

Min Income IconMin. Income

Income Requirement Is Not Specified.

Credit Score IconCredit Score

580

or More


Rewards: Aeroplan Points

1 Aeroplan Point ≈ ¢1

  • 1 Aeroplan Point for each $1 spent on: Air Canada.1 Aeroplan Point ≈ $0.01 in cash equivalent.
  • 1 Aeroplan Point for each $1.5 spent on: everything else.1 Aeroplan Point ≈ $0.01 in cash equivalent.

Insurance Included
  • Baggage Loss/Delay
  • Car Rental
  • Common Carrier
  • Flight Delay/Cancellation
BMO Eclipse Visa Infinite Img
Welcome Bonus
  • Receive 30000 BMO points when you spend $3,000.00 during the first 3 months.
  • Receive 2500 BMO points every month you spend at least $2,000.00 from 4 month for 12 months.

Key Features
Annual Fee IconAnnual Fee

$120.00

Interest Rate IconInterest Rates

Purchase: 20.99%

Cash: 23.99%

Transfer: 23.99%

Min Income IconMin. Income

Household: $100,000

Individual: $60,000

Credit Score IconCredit Score

580

or More


Rewards: BMO Points

1 BMO Point ≈ ¢0.33

  • 5 BMO Points for each $1 spent on: gas, grocery, transit, restaurants and food delivery.5 BMO Points ≈ $0.0165 in cash equivalent.
  • 1 BMO Point for each $1 spent on: everything else.1 BMO Point ≈ $0.0033 in cash equivalent.

Insurance Included
  • Car Rental
  • Common Carrier
  • Travel Emergency Medical
Best 5-Year Fixed Mortgage Rates in Canada CanadaLeaf
Mortgage Term:
Fixed
Variable

Best Credit Cards in Canada for Cash Back

Cashback credit cards are easy to compare, track, and redeem. Instead of having reward points that can change their value or even expire, cashback is transparent and can be used to buy anything. The best credit cards in Canada that offer cashback as a reward often offer other perks and comprehensive insurance policies.

Capital One Aspire Cash Platinum Mastercard Img
Key Features
Annual Fee IconAnnual Fee

$0.00

Interest Rate IconInterest Rates

Purchase: 21.90%

Cash: 21.90%

Transfer: 21.90%

Min Income IconMin. Income

Income Requirement Is Not Specified.

Credit Score IconCredit Score

580

or More


Cash Back
  • 1% Cashback for each $1 spent on: all eligible purchases.

Insurance Included
  • Baggage Loss/Delay
  • Car Rental
  • Common Carrier
  • Extended Warranty
  • Price Protection
  • Purchase Assurance
RBC Cash Back Mastercard Img
Key Features
Annual Fee IconAnnual Fee

$0.00

Interest Rate IconInterest Rates

Purchase: 20.99%

Cash: 22.99%

Min Income IconMin. Income

Income Requirement Is Not Specified.

Credit Score IconCredit Score

580

or More


Cash Back
  • 2% Cashback for each $1 spent on: grocery.
  • 1% Cashback for each $1 spent on: everything else.

Insurance Included
  • Extended Warranty
  • Purchase Assurance
National Bank mycredit Mastercard Img
Key Features
Annual Fee IconAnnual Fee

$0.00

Interest Rate IconInterest Rates

Purchase: 20.99%

Cash: 22.49%

Transfer: 22.49%

Min Income IconMin. Income

Income Requirement Is Not Specified.

Credit Score IconCredit Score

580

or More


Cash Back
  • 1% Cashback for each $1 spent on: restaurants and recurring bills.
  • 0.5% Cashback for each $1 spent on: everything else.

Insurance Included
  • Extended Warranty
  • Mobile Device
  • Purchase Assurance
Desjardins Cash Back Img
Key Features
Annual Fee IconAnnual Fee

$0.00

Interest Rate IconInterest Rates

Purchase: 20.90%

Cash: 21.90%

Min Income IconMin. Income

Income Requirement Is Not Specified.

Credit Score IconCredit Score

580

or More


Cash Back
  • 2% Cashback for each $1 spent on: transit, restaurants, entertainment and recurring bills.
  • 0.5% Cashback for each $1 spent on: everything else.

Insurance Included
  • Baggage Loss/Delay
  • Travel Emergency Medical
  • Trip Delay/Cancellation
  • Extended Warranty
  • Mobile Device
  • Purchase Assurance

Best Credit Cards in Canada for Travel

Best travel credit cards are some of the best credit cards in Canada. Travel credit cards usually collect reward points that can be used for flights and other travel expenses. Aeroplan credit cards are among the most popular travel credit cards because of their perks and generous rewards. They include benefits like VIP lounges, travel companion vouchers, and generous travel insurance packages.

RBC WestJet Mastercard Img
Welcome Bonus
  • Receive 100 WestJet Dollars points when you spend $1,000.00 during the first 3 months.

Key Features
Annual Fee IconAnnual Fee

$39.00

Interest Rate IconInterest Rates

Purchase: 20.99%

Cash: 22.99%

Min Income IconMin. Income

Income Requirement Is Not Specified.

Credit Score IconCredit Score

580

or More


Rewards: WestJet Dollars Points

1 WestJet Dollars Point ≈ ¢100

  • 0.015 WestJet Dollars Point for each $1 spent on: WestJet Purchases.0.015 WestJet Dollars Point ≈ $0.015 in cash equivalent.
  • 0.01 WestJet Dollars Point for each $1 spent on: everything else.0.01 WestJet Dollars Point ≈ $0.01 in cash equivalent.

Insurance Included
  • Baggage Loss/Delay
  • Car Rental
  • Hotel/Motel Burglary
  • Travel Accident
  • Trip Delay/Cancellation
  • Trip Interruption
RBC ION+ Visa Img
Welcome Bonus
  • Receive 3500 Avion points when you spend $500.00 during the first 3 months.
  • Receive 3500 Avion points when you make 1 purchase.

Key Features
Annual Fee IconAnnual Fee

$48.00

Interest Rate IconInterest Rates

Purchase: 20.99%

Cash: 22.99%

Min Income IconMin. Income

Income Requirement Is Not Specified.

Credit Score IconCredit Score

580

or More


Rewards: Avion Points

1 Avion Point ≈ ¢0.58

  • 3 Avion Points for each $1 spent on: gas, grocery, streaming, EV charging and entertainment.3 Avion Points ≈ $0.0174 in cash equivalent.
  • 1 Avion Point for each $1 spent on: everything else.1 Avion Point ≈ $0.0058 in cash equivalent.

Insurance Included
  • Extended Warranty
  • Purchase Assurance
TD Bank Aeroplan Visa Platinum Credit Img
Welcome Bonus
  • Receive 10000 Aeroplan points when you spend $1,000.00 during the first 3 months.
  • Receive 10000 Aeroplan points when you make 1 purchase.

Key Features
Annual Fee IconAnnual Fee

$89.00

Interest Rate IconInterest Rates

Purchase: 20.99%

Cash: 22.99%

Min Income IconMin. Income

Income Requirement Is Not Specified.

Credit Score IconCredit Score

580

or More


Rewards: Aeroplan Points

1 Aeroplan Point ≈ ¢1

  • 1 Aeroplan Point for each $1 spent on: Air Canada.1 Aeroplan Point ≈ $0.01 in cash equivalent.
  • 1 Aeroplan Point for each $1.5 spent on: everything else.1 Aeroplan Point ≈ $0.01 in cash equivalent.

Insurance Included
  • Baggage Loss/Delay
  • Car Rental
  • Common Carrier
  • Flight Delay/Cancellation
RBC Avion Visa Platinum Img
Welcome Bonus
  • Receive 35000 Avion points when you make 1 purchase.

Key Features
Annual Fee IconAnnual Fee

$120.00

Interest Rate IconInterest Rates

Purchase: 20.99%

Cash: 22.99%

Min Income IconMin. Income

Income Requirement Is Not Specified.

Credit Score IconCredit Score

580

or More


Rewards: Avion Points

1 Avion Point ≈ ¢0.58

  • 1 Avion Point for each $1 spent on: all eligible purchases.1 Avion Point ≈ $0.0058 in cash equivalent.

Insurance Included
  • Baggage Loss/Delay
  • Car Rental
  • Hotel/Motel Burglary
  • Travel Accident
  • Trip Delay/Cancellation
  • Trip Interruption
  • Extended Warranty
  • Purchase Assurance

Best No Fee Credit Cards in Canada

If you don’t use a credit card often, the best no-fee credit cards may help you get the most rewards from a credit card you don’t have to pay for. No-fee credit cards are the best for people who use a credit card only occasionally or those looking for a free credit card to supplement their main credit card.

Scotiabank American Express Img
Welcome Bonus
  • Receive 5000 Scene+ points when you spend $750.00 during the first 3 months.
  • Receive 2000 Scene+ points when you spend $5,000.00 during the first 12 months.

Key Features
Annual Fee IconAnnual Fee

$0.00

Interest Rate IconInterest Rates

Purchase: 19.99%

Cash: 22.99%

Min Income IconMin. Income

Individual: $12,000

Credit Score IconCredit Score

580

or More


Rewards: Scene+ Points

1 Scene+ Point ≈ ¢0.7

  • 3 Scene+ Points for each $1 spent on: grocery.3 Scene+ Points ≈ $0.021 in cash equivalent.
  • 2 Scene+ Points for each $1 spent on: gas, transit, streaming, restaurants and entertainment.2 Scene+ Points ≈ $0.014 in cash equivalent.
  • 1 Scene+ Point for each $1 spent on: everything else.1 Scene+ Point ≈ $0.007 in cash equivalent.

Insurance Included
  • Extended Warranty
  • Mobile Device
CIBC Classic Visa Img
Key Features
Annual Fee IconAnnual Fee

$0.00

Interest Rate IconInterest Rates

Purchase: 20.99%

Cash: 22.99%

Min Income IconMin. Income

Household: $15,000

Credit Score IconCredit Score

580

or More


Insurance Included
  • Common Carrier
  • Extended Warranty
  • Purchase Assurance
RBC ION Visa Img
Key Features
Annual Fee IconAnnual Fee

$0.00

Interest Rate IconInterest Rates

Purchase: 20.99%

Cash: 22.99%

Min Income IconMin. Income

Income Requirement Is Not Specified.

Credit Score IconCredit Score

580

or More


Rewards: Avion Points

1 Avion Point ≈ ¢0.58

  • 1.5 Avion Points for each $1 spent on: gas, grocery, streaming, EV charging and entertainment.1.5 Avion Points ≈ $0.0087 in cash equivalent.
  • 1 Avion Point for each $1 spent on: everything else.1 Avion Point ≈ $0.0058 in cash equivalent.

Insurance Included
  • Extended Warranty
  • Purchase Assurance
Capital One Aspire Travel Platinum Mastercard Img
Key Features
Annual Fee IconAnnual Fee

$0.00

Interest Rate IconInterest Rates

Purchase: 21.90%

Cash: 21.90%

Transfer: 21.90%

Min Income IconMin. Income

Income Requirement Is Not Specified.

Credit Score IconCredit Score

580

or More


Rewards: Capital One Mile Points

1 Capital One Mile Point ≈ ¢0.5

  • 1 Capital One Mile Point for each $1 spent on: all eligible purchases.1 Capital One Mile Point ≈ $0.005 in cash equivalent.

Insurance Included
  • Baggage Loss/Delay
  • Car Rental
  • Common Carrier
  • Extended Warranty
  • Price Protection
  • Purchase Assurance

Best Low-Interest Rate Credit Cards in Canada

Low-interest credit cards are best for people with a credit card balance. Low-interest credit cards usually don’t offer great rewards, but they can help you save on interest rate charges that can be expensive on an average credit card. If you already have a balance on a credit card with a high interest rate, you should also consider balance transfer credit cards that allow you to have a low interest rate on the balance you currently have.

Desjardins Flexi Visa Img
Key Features
Annual Fee IconAnnual Fee

$0.00

Interest Rate IconInterest Rates

Purchase: 10.90%

Cash: 12.90%

Min Income IconMin. Income

Income Requirement Is Not Specified.

Credit Score IconCredit Score

580

or More


Insurance Included
  • Baggage Loss/Delay
  • Car Rental
  • Travel Emergency Medical
  • Trip Delay/Cancellation
  • Extended Warranty
  • Mobile Device
  • Purchase Assurance
Home Trust Equityline Visa Img
Key Features
Annual Fee IconAnnual Fee

$0.00

*Home Equity is required as collateral.

Interest Rate IconInterest Rates

Purchase: 8.99%

Cash: 8.99%

Min Income IconMin. Income

Individual: $15,000

Credit Score IconCredit Score

580

or More

RBC Visa Classic Low Rate Option Img
Key Features
Annual Fee IconAnnual Fee

$20.00

Interest Rate IconInterest Rates

Purchase: 12.99%

Cash: 12.99%

Min Income IconMin. Income

Income Requirement Is Not Specified.

Credit Score IconCredit Score

580

or More

AMEX Essential Img
Key Features
Annual Fee IconAnnual Fee

$25.00

Interest Rate IconInterest Rates

Purchase: 12.99%

Cash: 12.99%

Min Income IconMin. Income

Income Requirement Is Not Specified.

Credit Score IconCredit Score

580

or More


Insurance Included
  • Travel Accident
  • Extended Warranty
  • Purchase Assurance

Best Credit Cards for Bad Credit

The best credit cards for bad credit allow you to build your credit history regardless of your credit score. You have multiple options to consider for a credit card for bad credit.

You can get secured credit cards that require a cash deposit or home equity. Secured credit cards may have a low interest rate and an annual fee. Unsecured credit cards do not require collateral but usually have a higher interest rate and annual fee. Prepaid credit cards can also be a good alternative because many offer a credit-building program.

KOHO Prepaid Essential
Get $40 Bonus
Use Code: WOWA40
KOHO Prepaid Essential Plan Img
Key Features
Annual Fee IconAnnual Fee

$0.00*

Interest Rate IconInterest Rates

Purchase: 0.00%

Min Income IconMin. Income

No Income Required.

Credit Score IconCredit Score

No Minimum
Credit Score


Cash Back
  • 5% Cashback for each $1 spent on: select merchants.
  • 1% Cashback for each $1 spent on: grocery, transit, restaurants and food delivery.
  • 0.25% Cashback for each $1 spent on: everything else.

Other Perks
  • 5% Interest on Your Entire Balance.
  • Credit Building: $10/month.
  • Free Credit Score.
  • Unlimited e-Transfers.
  • Up to $100K of your money is protected by CDIC.
*KOHO Essential Plan is free if you complete one of two actions: set up a recurring direct deposit OR fund your card by at least $1,000 every month.
Desjardins Bonus Visa Img
Key Features
Annual Fee IconAnnual Fee

$0.00

Interest Rate IconInterest Rates

Purchase: 20.90%

Cash: 21.90%

Min Income IconMin. Income

Income Requirement Is Not Specified.

Credit Score IconCredit Score

No Minimum
Credit Score


Cash Back
  • 2% Cashback for each $1 spent on: transit, restaurants, entertainment and recurring bills.
  • 0.5% Cashback for each $1 spent on: everything else.

Insurance Included
  • Baggage Loss/Delay
  • Travel Emergency Medical
  • Trip Delay/Cancellation
  • Extended Warranty
  • Mobile Device
  • Purchase Assurance
Neo Financial Secured Credit Img
Key Features
Annual Fee IconAnnual Fee

$0.00

*$50 minimum deposit required.

Interest Rate IconInterest Rates

Purchase: 29.99%

Cash: 31.99%

Min Income IconMin. Income

Income Requirement Is Not Specified.

Credit Score IconCredit Score

No Minimum
Credit Score


Cash Back
  • 15% Cashback for each $1 spent on: select merchants.
  • 6% Cashback for each $1 spent on: restaurants.
  • 2% Cashback for each $1 spent on: gas and grocery.
Home Trust Secured Visa Img
Key Features
Annual Fee IconAnnual Fee

$0.00

*$500 minimum deposit required.

Interest Rate IconInterest Rates

Purchase: 19.99%

Cash: 19.99%

Min Income IconMin. Income

Income Requirement Is Not Specified.

Credit Score IconCredit Score

No Minimum
Credit Score

What Is the Best Credit Card in Canada?

HOW TO CHOOSE THE
BEST CREDIT CARD
Click on a button below to learn more about credit card features.

There is no single best credit card that fits everyone. Different credit cards may be best for different lifestyles. We can compare the best credit cards based on their rewards, sign-up bonuses, and other factors that may significantly affect the outcome.

Rewards for Best Credit Cards

Best Credit Card Rewards Points and Their Value
Base Point Value In Cents
* The monetary value of reward points is an estimate and may not encompass the full variety and potential of the rewards.

Most credit cards offer some rewards to incentivize customers to use them. The most common credit card incentives include redeemable reward points and cash back. The best credit cards in Canada offer these incentives to the most used spending categories, such as grocery, gas, transit, travel, recurring bills, etc.

Reward points are valued differently depending on what you buy with them. For example, American Express MR points can be used for statement credit at 1¢ per point, or they can be transferred to Aeroplan rewards and used for flights at 2.8¢ per point. Different reward points have different values that can be changed depending on what you buy.

Tangerine World Credit Card

Welcome Bonus
Land an extra 10% back on up to $1000 of your everyday purchases made in the first 2 months.*

Rewards
2% Money-Back on up to 3 Categories fromand 0.5% Money-Back on everything else.Learn More*Conditions apply

Welcome Bonuses for Best Credit Cards

Some of the best credit cards in Canada offer welcome bonuses that can offer as much as thousands of dollars in value. Some people even do credit card churning, allowing them to harvest the welcome bonus and close the credit card to avoid paying additional fees. Credit card welcome bonuses are an important factor to consider when picking the best credit card. A welcome bonus may provide rewards that may take a few years to collect otherwise.

Best Credit Cards in Canada For Welcome Bonuses

CardWelcome Bonus
AMEX SimplyCash PreferredAMEX SimplyCash Preferred
Int. Rate: 20.99%
Annual Fee: $119.88
Up to $400.00 in Welcome Bonus Rewards:
  • Receive $40 in statement credit every month you spend at least $750.00 for the first 10 months.
CIBC Dividend Visa InfiniteCIBC Dividend Visa Infinite
Int. Rate: 20.99%
Annual Fee: $120.00
  • Get up to 10% in Cashback on eligible purchases in the first 4 months. (Max Cashback $NaN)
  • First Year Fee of $120.00 waived.
AMEX Platinum Charge CardAMEX Platinum Charge Card
Int. Rate: 30%
Annual Fee: $799.00
Up to 100000 AMEX points in Welcome Bonus Rewards:
  • Receive 70000 AMEX points when you spend $10,000.00 during the first 3 months.
  • Receive 30000 AMEX points when you make 1 purchase between 14 and 17 months of Cardmembership.
AMEX Aeroplan ReserveAMEX Aeroplan Reserve
Int. Rate: 20.99%
Annual Fee: $599.00
Up to 85000 Aeroplan points in Welcome Bonus Rewards:
  • Receive 60000 Aeroplan points when you spend $7,500.00 during the first 3 months.
  • Receive 25000 Aeroplan points when you spend $2,500.00 during the first 1 months.
CIBC Aeroplan Visa Infinite PrivilegeCIBC Aeroplan Visa Infinite Privilege
Int. Rate: 20.99%
Annual Fee: $599.00
Up to 80000 Aeroplan points in Welcome Bonus Rewards:
  • Receive 30000 Aeroplan points when you spend $15,000.00 during the first 6 months.
  • Receive 30000 Aeroplan points when you spend $25,000.00 during the first 12 months.
  • Receive 20000 Aeroplan points when you make 1 purchase.

Annual Fee

If you pay off your credit card in full and on time, the main cost of the credit card is the annual fee. The best credit cards in Canada may sometimes have an annual fee of up to $500. You should compare different credit cards and see what you are willing to pay for your credit card. As a rule of thumb, you should get a credit card where the rewards outweigh the fees. The following table shows you the best credit card in Canada for different annual fees.

Best Credit Cards in Canada by Annual Fee

Annual CostStandard BenefitsOur Top Picks
$0
  • Low Rewards
  • No Insurance
KOHO Prepaid Essential Plan Image
Cash Back rate up to 5%Learn More
Int. Rate: 0%
Annual Fee: $0.00
$39
  • Reasonable Rewards
  • Basic Insurance
AMEX Essential Image
Learn More
Int. Rate: 12.99%
Annual Fee: $25.00
$99
  • Good Rewards
  • Moderate Insurance
CIBC Dividend Platinum Visa Image
Cash Back rate up to 3%Learn More
Int. Rate: 20.99%
Annual Fee: $99.00
$120
  • Very Good Rewards
  • Broad Insurance
  • Roadside Assistance Membership
  • First-year Rebate
BMO Eclipse Visa Infinite Image
Rewards up to 5 BMO Points for every $1 spentLearn More
Int. Rate: 20.99%
Annual Fee: $120.00
Over
$120
  • Best Rewards
  • Broad Insurance With Highest Limits
  • Roadside Assistance Memberships
  • Exclusive Perks
  • First-year rebate
AMEX Aeroplan Reserve Image
Rewards up to 3 Aeroplan Points for every $1 spentLearn More
Int. Rate: 20.99%
Annual Fee: $599.00

Income Requirements

The best credit cards in Canada usually have a minimum income requirement. Credit cards usually look at personal or household income, depending on the situation. Some high-end credit cards may also look at the Assets Under Management (AUM) to qualify a person for the credit card. Most credit cards with high rewards are offered to individuals or households with $60,000 and $80,000 salaries, respectively.

Interest Rate

Credit cards may have three different interest rates: purchase, cash advance, and balance transfer interest rates. The purchase interest rate is charged on any credit balance you do not pay on time. The cash interest rate begins accruing immediately upon getting a cash advance or conducting any cash-like transaction using your credit card. The balance transfer interest rate is the interest charge on any credit balance you transfer from another credit card.

Generally, you may not have to worry about interest rates if you use your credit card for purchases only and you plan to pay off your credit card in full on time every time. If you plan to hold a balance on your credit card, consider the interest rate to avoid expensive interest charges.

The calculators and content on this page are provided for general information purposes only. WOWA does not guarantee the accuracy of information shown and is not responsible for any consequences of the use of the calculator.