Laurentian Bank Canada credit cards
With an easy online application process, there are a number of Visa credit cards
issued by Laurentian Bank of Canada
that appeal to a broad range of consumers. Each card has benefits to a certain portion of the population and with 5 cards to choose from, there should be no problem finding one that suits your needs. Although Laurentian Bank Canada credit card products can be applied for online, you could also visit a branch near you to apply in person during normal banking hours. For convenience, however, more and more people are choosing to avail themselves of online resources.
Visa Credit Cards Issued by Laurentian Bank
Each of the five Visa cards issued by Laurentian Bank is targeted towards consumers with very specific requirements. From students just at the very beginning of establishing credit to consumers who have built a good credit rating over the years, there is a card with the security afforded by Visa.
Rewards are attached to both the Visa Black Reward Me card
and the Visa Gold Passport card
as they are viewed as the top of the line products provided by Laurentian Bank.
Visa Gold Passport
The Visa Gold Passport card is for anyone who makes several purchases each month and travels regularly, perhaps needing rental vehicles during those times. It comes with both a purchase and travel insurance program and the benefits of the rewards program as outlined on the website. There is, however, a $110 annual fee and an interest rate of 19.99%. This is not the card to use if you donít regularly make several purchases each month or travel frequently.
Visa Black Reward Me
There are a number of advantages to carrying a Visa Black Reward Me card from Laurentian Bank, among which is the 21 day deferment period that is listed on your statement. During that time no interest is accrued and there is even an additional card you could get without an additional fee so that it becomes easier to accrue rewards points. This would not be the card for anyone who doesnít like to pay in full because they would be losing the benefits of the 21 day interest deferment period. There is a monthly fee of $3.50 and the card comes with purchase insurance and some other nice perks.
Visa Black and Visa Black Student
Visa Black also carries the 21 day interest free deferment period but has no monthly fees or annual fees. The interest rate is competitive at 19.99% and is ideal for anyone who makes less than $200 in purchases each month. The student version of the Visa Black enables students to begin building credit while affording them the benefits of having a Visa card at their disposal for all those little expenses that seem to pop up in the life of a student. However, for anyone who carries a balance over from month to month, this might not be the ideal solution.
Visa Black Reduced Rate
While the above cards do have their perks, the Visa Black Reduced Rate card is probably the most popular. Although there is an annual fee $30 for the Visa Black Reduced Rate card, it does offer low financing charges with an interest rate of only 12.49%. This would be the card to have if you are in the habit of only making minimum payments monthly while carrying over a balance.
Laurentian Bank Canada credit card reviews
and credit card application details.