Regular-Rate Gold Credit Cards
Gold Credit Cards Regular-Rate
A gold credit card might be for you if: • You need a card with reward points or special insurance options
Regular-Rate Gold Credit Cards Issuer / Name of Card
Minimum Personal Income Required ($)
Minimum Credit Limit ($)
The information contained in this table is updated periodically by FCAC. Financial institutions can change the costs as well as the terms and conditions of their products at any time. Contact the financial institutions directly if you wish to obtain the latest information on their products.
Annual Interest Rate Purchases (%)1
Cash Advances (%)2
Balance Transfers (%)2
Minimum Payment ($ or % of outstanding balance)
Annual Fees First Card ($)
Extra Cards ($)
Rewards and Benefits3 Reward Program
Travel Insurance
Accident
Trip Cancel. and/or Interrup.
Medical
Purchase Protection and Extended Warranty
Car Rental
Flight Delay
Baggage
ATB Financial Gold Cash Rewards MasterCard
Not specified
500
18.90
18.90
18.90
$10 or 3%, whichever is greater
69
25
Earn 1% cash back on all your purchases. Your cash rebate is credited to your account every January.
✔
✔
✔
ATB Financial Gold My Rewards MasterCard
Not specified
500
18.90
18.90
18.90
$10 or 3%, whichever is greater
89
25
Earn 10 reward points for every $1 in purchases on your card. Redeem your points for travel, merchandise and gift cards.
✔
✔
✔
BMO Bank of Montreal BMO Gold AIR MILES MasterCard
Not specified
500
19.50
19.50
19.50
2% of the outstanding balance shown on your account statement, or $10.
99 (additional options extra)
15
Air Miles
✔
Capital One Bank Capital One Delta SkyMiles Gold MasterCard
Not specified
5,000
19.80
19.80
19.80
Greater of - 1% of new balance + finance charges + 1/12th of Annual Membership Fee + any amount past due OR Any balance above the credit limit OR $10 (or total balance if less than $10)
Free
Free
1 Delta mile for every $1 on Delta purchases, 1 Delta mile per $2 for all other net purchases.
✔
Capital One Bank Gold Plus MasterCard with 19.8% Interest Rate
Not specified
300
19.80
19.80
19.80
Greater of - 1% of new balance + finance charges + 1/12th of Annual Membership Fee + any amount past due OR Any balance above the credit limit OR $10 (or total balance if less than $10)
59
0
Interest rate shrinks by 3% a year for 2 years if all minimum payments are made on time and the credit limit is not exceeded
Capital One Bank Guaranteed MasterCard
Not specified
300
19.80
19.80
19.80
Greater of - 1% of new balance + finance charges + 1/12th of Annual Membership Fee + any amount past due OR Any balance above the credit limit OR $10 (or total balance if less than $10)
59
Free
CIBC Aerogold VISA Card
15,000
500
19.99
21.50
21.50
Greater of $10 or 2.1% (plus the greater of overlimit or past due amount)
120
CIBC CIBC Aventura MasterCard
15,000
500
19.99
21.50
21.50
Greater of $10 or 2.1% (plus the greater of overlimit or past due amount)
Citizens Bank of Canada Shared Interest Gold My VISA Rewards Plus Option
15,0004
5,000
19.50
19.50
19.50
$50 or 3%, whichever is greater
✔
✔
✔
✔
✔
✔
✔
✔
✔
Security funds may be required.
✔
✔
✔
✔
50
Aeroplan miles
✔
39
0
Points towards travel, merchandise, donations and gift cards.
99
Free
$1 = 1 point toward travel, merchandise, financial products and charitable donations. For each transaction, 10 cents is donated to a non-profit agency.
✔
✔
1
If the grace period does not apply, the interest on purchases is calculated from the date of purchase of the item or, in some cases, the date the item is posted to your account.
2
Unless otherwise specified, for cash advances or balance transfers, interest is calculated from the date funds are borrowed. There is no grace period.
3
This is not a complete list of all rewards and benefits offered by credit card issuers. For more details about other rewards and benefits that are offered for additional fees, check with the credit card issuer.
Updated January 2012
✔
✔
✔
✔
✔
✔
✔
✔
✔
✔
✔
✔
This option is offered for an additional fee.
✔
✔
✔
✔5
This option is included in the annual card fee.
4
Minimum personal income for retirees is $9600 and $600 for students.
5
This also includes price protection, which helps ensure that cardholders do not pay too much for most purchases made in Canada.
Regular-Rate Gold Credit Cards Issuer / Name of Card
Minimum Personal Income Required ($)
Minimum Credit Limit ($)
The information contained in this table is updated periodically by FCAC. Financial institutions can change the costs as well as the terms and conditions of their products at any time. Contact the financial institutions directly if you wish to obtain the latest information on their products.
Annual Interest Rate Purchases (%)1
Cash Advances (%)2
Balance Transfers (%)2
Minimum Payment ($ or % of outstanding balance)
Annual Fees First Card ($)
Extra Cards ($)
Rewards and Benefits3 Reward Program
Travel Insurance
Purchase Protection and Extended Warranty
Accident
Trip Cancel. and/or Interrup.
Medical
Car Rental
Flight Delay
Baggage
Coast Capital Savings Coast VISA Desjardins Elegance Gold
35,000
5,000
19.90
19.90
19.90
$10 or 3%, whichever is greater
Free
Free
0.5% of purchases credited as BONUSDOLLARS4
✔
✔
✔
✔
✔
✔
✔
Coast Capital Savings Coast VISA Desjardins Modulo Gold
35,000
5,000
9.90
9.90
9.90
$10 or 3%, whichever is greater
50
10
1% of purchases credited as BONUSDOLLARS
✔
✔
✔
✔
✔
✔
✔
Coast Capital Savings Coast VISA Desjardins Odyssey Gold
35,000
5,000
19.40
19.40
19.40
$10 or 3%, whichever is greater
110 (90 for 76 yrs. and over)
30
1% of domestic purchases and 2% of purchases made in other currencies credited as BONUSDOLLARS
✔
✔
✔
✔
✔
✔
✔
CUETS Financial Gold CHOICE REWARDS MasterCard
Not specified
5,000
19.495
19.49
19.49
$10 or 3%, whichever is greater
120
Free
1 CHOICE REWARDS point for every $1 charged for retail purchases.
✔
✔
✔
✔
✔
✔
CUETS Financial Gold MasterCard
Not specified
5,000
19.495
19.49
19.49
$10 or 3%, whichever is greater
96
36
✔
✔
✔
✔
✔
✔
CUETS Financial Low Fee Gold CHOICE REWARDS MasterCard
Not specified
2,500
19.495
19.49
19.49
$10 or 3%, whichever is greater
59
Free
✔
✔
✔
✔
✔
CUETS Financial Low Fee Gold MasterCard
Not specified
2,500
19.495
19.49
19.49
$10 or 3%, whichever is greater
35
12
✔
✔
✔
✔
✔
Desjardins VISA Elegance Gold
35,000 per household
5,000
19.90
19.90
19.90
$10 or 5%, whichever is greater
Free
Free
0.5% of purchases credited as BONUSDOLLARS4
✔
✔
✔
✔
✔
✔
✔
Desjardins VISA Elegance Gold with 1% Bonusdollars
35,000 per household
5,000
19.90
19.90
19.90
$10 or 5%, whichever is greater
30
Free
1% of purchases credited as BONUSDOLLARS
✔
✔
✔
✔
✔
✔
✔
Desjardins VISA Odyssey Gold
35,000 per household
5,000
19.40
19.40
19.40
$10 or 5%, whichever is greater
110 (90 for 76 yrs. and over)
30
1% of domestic purchases and 2% of purchases made in other currencies credited as BONUSDOLLARS
✔
✔
✔
✔
✔
✔
✔
Not specified
500
19.99
19.99
1.99 to 4.99
$10 or 1% + interest + over credit limit fee, whichever is greater6
Free
Free
15,000
1,000
19.99
19.99
19.99
$50 or 3%, whichever is greater
110
Free
Points toward merchandise, travel, grocery, financial products or gift certificates at over 65 merchants.
✔
✔
✔7
✔
✔
✔
35, 000 per household
500
17.99
19.99
1.99% for 10 months and 19.99% thereafter
1% of the balance (excluding any new interest charges) + all new interest charges. If your balance is less than $15, the minimum payment will equal the balance
Free
Free
JPMorgan Chase Bank NA Chase Gold MasterCard Laurentian Bank VISA Gold Passport MBNA Canada Bank Gold MasterCard
1 CHOICE REWARDS point for every $1 charged for retail purchases.
✔
✔ 1
✔
This option is offered for an additional fee.
✔
✔
This option is included in the annual card fee.
If the grace period does not apply, the interest on purchases is calculated from the date of purchase of the item or, in some cases, the date the item is posted to your account.
5
If you have missed making a payment, the applicable rate is 19.49 + 5% (Cap of 23.99%).
6
Plus any low interest payment program obligations, insurance premium, past due amount and over limit amount.
2
Unless otherwise specified, for cash advances or balance transfers, interest is calculated from the date funds are borrowed. There is no grace period.
7
If the client is 75 or younger (31 days for clients between 0 and 65 and 15 days days for clients between 66 and 75)
3
This is not a complete list of all rewards and benefits offered by credit card issuers. For more details about other rewards and benefits that are offered for additional fees, check with the credit card issuer.
4
For an additional fee of $30/year, you can get 1% of your purchases credited as BONUSDOLLARS.
Updated January 2012
Regular-Rate Gold Credit Cards Issuer / Name of Card
Minimum Personal Income Required ($)
Minimum Credit Limit ($)
The information contained in this table is updated periodically by FCAC. Financial institutions can change the costs as well as the terms and conditions of their products at any time. Contact the financial institutions directly if you wish to obtain the latest information on their products.
Annual Interest Rate Purchases (%)1
Cash Advances (%)2
Balance Transfers (%)2
Minimum Payment ($ or % of outstanding balance)
Annual Fees First Card ($)
Extra Cards ($)
Rewards and Benefits3 Reward Program
Travel Insurance
Accident
Trip Cancel. and/or Interrup.
Medical
Car Rental
Flight Delay
Baggage
National Bank4 OVATION Gold MasterCard
Not specified
1,000
19.50
19.50
19.50
$10 or 3%, whichever is greater
95
0
North Shore Credit Union CUETS Gold Choice Rewards MasterCard
Not specified
5,000
19.49
19.49
1% of amount transferred, min $7.50
$10 or 3%, whichever is greater
120
Free
✔
✔
✔
✔
✔
✔
North Shore Credit Union CUETS Gold MasterCard
Not specified
5,000
19.49
19.49
1% of amount transferred, min $7.50
$10 or 3%, whichever is greater
96
36
✔
✔
✔
✔
✔
✔
2,500
19.49
19.49
1% of amount transferred, min $7.50
$10 or 3%, whichever is greater
59
Free
✔
✔
✔
✔
✔
✔
✔
✔
✔
✔
North Shore Credit Union CUETS Low Fee Gold Choice Rewards MasterCard
$1 = 1.25 points. Points toward travel, merchandise or gift certificates at selected merchants
Purchase Protection and Extended Warranty
✔
✔
North Shore Credit Union CUETS Low Fee Gold MasterCard
Not specified
2,500
19.49
19.49
1% of amount transferred, min $7.50
$10 or 3%, whichever is greater
35
12
Prospera Credit Union No-Fee GOLD VISA Desjardins
$35,000 per household
5,000
19.90
19.90
19.90
$10 or 5%, whichever is greater
Free
Free
0.5% of your purchases in BONUSDOLLARS (1% for an additional $30 per year)
✔
✔
✔
✔
✔
✔
✔
Prospera Credit Union Travel Gold Visa Desjardins
$35,000 per household
5,000
19.40
19.40
19.40
$10 or 5%, whichever is greater
$110 ($90 for 76 years old and over)
30
1% of your purchases (2% of your purchases in foreign currency) in BONUSDOLLARS
✔
✔
✔
✔
✔
✔
✔
RBC Royal Bank RBC Rewards VISA Gold
Not specified
1,000
19.99
19.99
19.99
$10 + fees + interest or outstanding balance, whichever is less
Free
Free
Points toward travel, merchandise, gift certificates/cards, RBC Financial™ rewards or charitable donations 5
✔
RBC Royal Bank Rewards Visa Preferred
Not specified
1,000
19.99
19.99
19.99
$10 + fees + interest or outstanding balance, whichever is less
110 (70 for 65 yrs. and over)
40
Points toward travel, merchandise, gift certificates/cards, RBC Financial™ rewards or charitable donations5
✔
Scotiabank No-Fee ScotiaGold VISA Card
Not specified
5,000
19.99
21.99
21.99
2%
Free
Free
Scotiabank ScotiaGold Passport VISA Card
Not specified
5,000
19.99
19.99
21.99
2%
110 (65 for 65 yrs. and over)
30 (15 for 65 yrs. and over)
Points toward travel, merchandise, gift certificates or bank vouchers
✔
✔
✔
TD Canada Trust TD Gold Elite VISA
35,000
5,000
19.99
21.50
21.50
$10 plus interest and fees
99
39/card (up to 3)
1% cash back on annual net purchases
✔
✔6
TD Canada Trust TD Gold Select VISA
35,000
5,000
19.99
21.50
21.50
$10 plus interest and fees
Free
Free (up to 3)
Vancity Credit Union EnviroExpenseGold My VISA Rewards Plus
15,000
500
19.50
19.50
19.50
$50 or 3%, whichever is greater
99
Free
If the grace period does not apply, the interest on purchases is calculated from the date of purchase of the item or, in some cases, the date the item is posted to your account.
2
Unless otherwise specified, for cash advances or balance transfers, interest is calculated from the date funds are borrowed. There is no grace period.
3
This is not a complete list of all rewards and benefits offered by credit card issuers. For more details about other rewards and benefits that are offered for additional fees, check with the credit card issuer.
Updated January 2012
✔
✔
✔ $1 = 1 point toward travel, merchandise, financial products/services and charitable donations
✔
✔ ✔
✔
✔
✔
✔
✔
✔
✔
✔
✔
✔
✔
✔ 1
✔ ✔
✔
✔
✔
✔ This option is offered for an additional fee.
✔ ✔
✔
This option is included in the annual card fee.
4
National Bank also has an extensive list of affinity credit cards. For more information on affinity cards, visit their web site.
5
RBC Financial™ Rewards is a suite of RBC Royal Bank lending and investing vouchers. RBC Rewards points can be redeemed to pay down a RBC Mortgage, a RBC Homeline Plan, a RBC Royal Creditline, or a RBC Personal loan faster. RBC Rewards points can also be redeemed toward a Registered Retirement Savings Plan (RRSP) or a Registered Education Savings Plan (RESP) with the Royal Bank of Canada, RBC Dominion Securities Inc. or RBC Direct Investing Inc.
6
Trip interruption only. Trip Cancellation not included.
Regular-Rate Gold Credit Cards Issuer / Name of Card
Minimum Personal Income Required ($)
Minimum Credit Limit ($)
The information contained in this table is updated periodically by FCAC. Financial institutions can change the costs as well as the terms and conditions of their products at any time. Contact the financial institutions directly if you wish to obtain the latest information on their products.
Annual Interest Rate Purchases (%)1
Cash Advances (%)2
Balance Transfers (%)2
Minimum Payment ($ or % of outstanding balance)
Annual Fees First Card ($)
Extra Cards ($)
Rewards and Benefits3 Reward Program
Travel Insurance
Accident
Vancity Credit Union EnviroGold VISA My VISA Rewards Plus
Trip Cancel. and/or Interrup.
Medical
Car Rental
15,000
500
19.50
19.50
19.50
$50 or 3%, whichever is greater
99
Free
$1 = 1 point toward travel, merchandise, financial products/services and charitable donations
✔
Westminster Savings Credit Union VISA Desjardins Low-Rate Gold
35,000 per household
5,000
9.90
9.90
9.90
$10 or 5%, whichever is greater
50
10
1% of purchases credited as BONUSDOLLARS
✔
✔
✔
✔
Westminster Savings Credit Union VISA Desjardins No-Fee Gold
35,000 per household
5,000
19.90
19.90
19.90
$10 or 5%, whichever is greater
Free
Free
0.5% of purchases credited as BONUSDOLLARS5
✔
✔
✔
Westminster Savings Credit Union VISA Desjardins Travel Gold
35,000 per household
5,000
19.40
19.40
19.40
$10 or 5%, whichever is greater
110 (90 for 76 yrs. and over)
30
1% of domestic purchases and 2% of purchases made in other currencies credited as BONUSDOLLARS
✔
✔
✔
✔
1
If the grace period does not apply, the interest on purchases is calculated from the date of purchase of the item or, in some cases, the date the item is posted to your account.
2
Unless otherwise specified, for cash advances or balance transfers, interest is calculated from the date funds are borrowed. There is no grace period.
3
This is not a complete list of all rewards and benefits offered by credit card issuers. For more details about other rewards and benefits that are offered for additional fees, check with the credit card issuer.
Updated January 2012
Purchase Protection and Extended Warranty Flight Delay
Baggage
✔
✔4
✔
✔
✔
✔
✔
✔
✔
✔
✔
✔
✔
✔
This option is offered for an additional fee.
✔
This option is included in the annual card fee.
4
This also includes price protection, which helps ensure that cardholders do not pay too much for most purchases made in Canada. If, within 60 days of making a purchase, a cardholder sees the same item in Canada advertised at a lower price, he or she will be reimbursed for the difference. Total cardholder price protection claims must not exceed $1,000 in any calendar year. The full cost of items are charged to the Vancity Envirogold VISA card.
5
For an additional fee of $30/year, you can get 1% of your purchases credited as BONUSDOLLARS.
How You Can Reach Us Financial Consumer Agency of Canada 427 Laurier Ave. West 6th Floor, Enterprise Building Ottawa ON K1R 1B9
1-866-461-3222 1-866-914-6097 1-866-814-2224 www.fcac.gc.ca
Telephone (toll-free): TTY (toll-free): Fax (toll-free): Web site: E-mail General inquiries: Publications:
[email protected] [email protected]
© Her Majesty the Queen in Right of Canada (Financial Consumer Agency of Canada)
A gold credit card might be for you if: • You need a card with reward points or special insurance options
Regular-Rate Gold Credit Cards Issuer / Name of Card
Minimum Personal Income Required ($)
Minimum Credit Limit ($)
The information contained in this table is updated periodically by FCAC. Financial institutions can change the costs as well as the terms and conditions of their products at any time. Contact the financial institutions directly if you wish to obtain the latest information on their products.
Annual Interest Rate Purchases (%)1
Cash Advances (%)2
Balance Transfers (%)2
Minimum Payment ($ or % of outstanding balance)
Annual Fees First Card ($)
Extra Cards ($)
Rewards and Benefits3 Reward Program
Travel Insurance
Accident
Trip Cancel. and/or Interrup.
Medical
Purchase Protection and Extended Warranty
Car Rental
Flight Delay
Baggage
ATB Financial Gold Cash Rewards MasterCard
Not specified
500
18.90
18.90
18.90
$10 or 3%, whichever is greater
69
25
Earn 1% cash back on all your purchases. Your cash rebate is credited to your account every January.
✔
✔
✔
ATB Financial Gold My Rewards MasterCard
Not specified
500
18.90
18.90
18.90
$10 or 3%, whichever is greater
89
25
Earn 10 reward points for every $1 in purchases on your card. Redeem your points for travel, merchandise and gift cards.
✔
✔
✔
BMO Bank of Montreal BMO Gold AIR MILES MasterCard
Not specified
500
19.50
19.50
19.50
2% of the outstanding balance shown on your account statement, or $10.
99 (additional options extra)
15
Air Miles
✔
Capital One Bank Capital One Delta SkyMiles Gold MasterCard
Not specified
5,000
19.80
19.80
19.80
Greater of - 1% of new balance + finance charges + 1/12th of Annual Membership Fee + any amount past due OR Any balance above the credit limit OR $10 (or total balance if less than $10)
Free
Free
1 Delta mile for every $1 on Delta purchases, 1 Delta mile per $2 for all other net purchases.
✔
Capital One Bank Gold Plus MasterCard with 19.8% Interest Rate
Not specified
300
19.80
19.80
19.80
Greater of - 1% of new balance + finance charges + 1/12th of Annual Membership Fee + any amount past due OR Any balance above the credit limit OR $10 (or total balance if less than $10)
59
0
Interest rate shrinks by 3% a year for 2 years if all minimum payments are made on time and the credit limit is not exceeded
Capital One Bank Guaranteed MasterCard
Not specified
300
19.80
19.80
19.80
Greater of - 1% of new balance + finance charges + 1/12th of Annual Membership Fee + any amount past due OR Any balance above the credit limit OR $10 (or total balance if less than $10)
59
Free
CIBC Aerogold VISA Card
15,000
500
19.99
21.50
21.50
Greater of $10 or 2.1% (plus the greater of overlimit or past due amount)
120
CIBC CIBC Aventura MasterCard
15,000
500
19.99
21.50
21.50
Greater of $10 or 2.1% (plus the greater of overlimit or past due amount)
Citizens Bank of Canada Shared Interest Gold My VISA Rewards Plus Option
15,0004
5,000
19.50
19.50
19.50
$50 or 3%, whichever is greater
✔
✔
✔
✔
✔
✔
✔
✔
✔
Security funds may be required.
✔
✔
✔
✔
50
Aeroplan miles
✔
39
0
Points towards travel, merchandise, donations and gift cards.
99
Free
$1 = 1 point toward travel, merchandise, financial products and charitable donations. For each transaction, 10 cents is donated to a non-profit agency.
✔
✔
1
If the grace period does not apply, the interest on purchases is calculated from the date of purchase of the item or, in some cases, the date the item is posted to your account.
2
Unless otherwise specified, for cash advances or balance transfers, interest is calculated from the date funds are borrowed. There is no grace period.
3
This is not a complete list of all rewards and benefits offered by credit card issuers. For more details about other rewards and benefits that are offered for additional fees, check with the credit card issuer.
Updated January 2012
✔
✔
✔
✔
✔
✔
✔
✔
✔
✔
✔
✔
This option is offered for an additional fee.
✔
✔
✔
✔5
This option is included in the annual card fee.
4
Minimum personal income for retirees is $9600 and $600 for students.
5
This also includes price protection, which helps ensure that cardholders do not pay too much for most purchases made in Canada.
Regular-Rate Gold Credit Cards Issuer / Name of Card
Minimum Personal Income Required ($)
Minimum Credit Limit ($)
The information contained in this table is updated periodically by FCAC. Financial institutions can change the costs as well as the terms and conditions of their products at any time. Contact the financial institutions directly if you wish to obtain the latest information on their products.
Annual Interest Rate Purchases (%)1
Cash Advances (%)2
Balance Transfers (%)2
Minimum Payment ($ or % of outstanding balance)
Annual Fees First Card ($)
Extra Cards ($)
Rewards and Benefits3 Reward Program
Travel Insurance
Purchase Protection and Extended Warranty
Accident
Trip Cancel. and/or Interrup.
Medical
Car Rental
Flight Delay
Baggage
Coast Capital Savings Coast VISA Desjardins Elegance Gold
35,000
5,000
19.90
19.90
19.90
$10 or 3%, whichever is greater
Free
Free
0.5% of purchases credited as BONUSDOLLARS4
✔
✔
✔
✔
✔
✔
✔
Coast Capital Savings Coast VISA Desjardins Modulo Gold
35,000
5,000
9.90
9.90
9.90
$10 or 3%, whichever is greater
50
10
1% of purchases credited as BONUSDOLLARS
✔
✔
✔
✔
✔
✔
✔
Coast Capital Savings Coast VISA Desjardins Odyssey Gold
35,000
5,000
19.40
19.40
19.40
$10 or 3%, whichever is greater
110 (90 for 76 yrs. and over)
30
1% of domestic purchases and 2% of purchases made in other currencies credited as BONUSDOLLARS
✔
✔
✔
✔
✔
✔
✔
CUETS Financial Gold CHOICE REWARDS MasterCard
Not specified
5,000
19.495
19.49
19.49
$10 or 3%, whichever is greater
120
Free
1 CHOICE REWARDS point for every $1 charged for retail purchases.
✔
✔
✔
✔
✔
✔
CUETS Financial Gold MasterCard
Not specified
5,000
19.495
19.49
19.49
$10 or 3%, whichever is greater
96
36
✔
✔
✔
✔
✔
✔
CUETS Financial Low Fee Gold CHOICE REWARDS MasterCard
Not specified
2,500
19.495
19.49
19.49
$10 or 3%, whichever is greater
59
Free
✔
✔
✔
✔
✔
CUETS Financial Low Fee Gold MasterCard
Not specified
2,500
19.495
19.49
19.49
$10 or 3%, whichever is greater
35
12
✔
✔
✔
✔
✔
Desjardins VISA Elegance Gold
35,000 per household
5,000
19.90
19.90
19.90
$10 or 5%, whichever is greater
Free
Free
0.5% of purchases credited as BONUSDOLLARS4
✔
✔
✔
✔
✔
✔
✔
Desjardins VISA Elegance Gold with 1% Bonusdollars
35,000 per household
5,000
19.90
19.90
19.90
$10 or 5%, whichever is greater
30
Free
1% of purchases credited as BONUSDOLLARS
✔
✔
✔
✔
✔
✔
✔
Desjardins VISA Odyssey Gold
35,000 per household
5,000
19.40
19.40
19.40
$10 or 5%, whichever is greater
110 (90 for 76 yrs. and over)
30
1% of domestic purchases and 2% of purchases made in other currencies credited as BONUSDOLLARS
✔
✔
✔
✔
✔
✔
✔
Not specified
500
19.99
19.99
1.99 to 4.99
$10 or 1% + interest + over credit limit fee, whichever is greater6
Free
Free
15,000
1,000
19.99
19.99
19.99
$50 or 3%, whichever is greater
110
Free
Points toward merchandise, travel, grocery, financial products or gift certificates at over 65 merchants.
✔
✔
✔7
✔
✔
✔
35, 000 per household
500
17.99
19.99
1.99% for 10 months and 19.99% thereafter
1% of the balance (excluding any new interest charges) + all new interest charges. If your balance is less than $15, the minimum payment will equal the balance
Free
Free
JPMorgan Chase Bank NA Chase Gold MasterCard Laurentian Bank VISA Gold Passport MBNA Canada Bank Gold MasterCard
1 CHOICE REWARDS point for every $1 charged for retail purchases.
✔
✔ 1
✔
This option is offered for an additional fee.
✔
✔
This option is included in the annual card fee.
If the grace period does not apply, the interest on purchases is calculated from the date of purchase of the item or, in some cases, the date the item is posted to your account.
5
If you have missed making a payment, the applicable rate is 19.49 + 5% (Cap of 23.99%).
6
Plus any low interest payment program obligations, insurance premium, past due amount and over limit amount.
2
Unless otherwise specified, for cash advances or balance transfers, interest is calculated from the date funds are borrowed. There is no grace period.
7
If the client is 75 or younger (31 days for clients between 0 and 65 and 15 days days for clients between 66 and 75)
3
This is not a complete list of all rewards and benefits offered by credit card issuers. For more details about other rewards and benefits that are offered for additional fees, check with the credit card issuer.
4
For an additional fee of $30/year, you can get 1% of your purchases credited as BONUSDOLLARS.
Updated January 2012
Regular-Rate Gold Credit Cards Issuer / Name of Card
Minimum Personal Income Required ($)
Minimum Credit Limit ($)
The information contained in this table is updated periodically by FCAC. Financial institutions can change the costs as well as the terms and conditions of their products at any time. Contact the financial institutions directly if you wish to obtain the latest information on their products.
Annual Interest Rate Purchases (%)1
Cash Advances (%)2
Balance Transfers (%)2
Minimum Payment ($ or % of outstanding balance)
Annual Fees First Card ($)
Extra Cards ($)
Rewards and Benefits3 Reward Program
Travel Insurance
Accident
Trip Cancel. and/or Interrup.
Medical
Car Rental
Flight Delay
Baggage
National Bank4 OVATION Gold MasterCard
Not specified
1,000
19.50
19.50
19.50
$10 or 3%, whichever is greater
95
0
North Shore Credit Union CUETS Gold Choice Rewards MasterCard
Not specified
5,000
19.49
19.49
1% of amount transferred, min $7.50
$10 or 3%, whichever is greater
120
Free
✔
✔
✔
✔
✔
✔
North Shore Credit Union CUETS Gold MasterCard
Not specified
5,000
19.49
19.49
1% of amount transferred, min $7.50
$10 or 3%, whichever is greater
96
36
✔
✔
✔
✔
✔
✔
2,500
19.49
19.49
1% of amount transferred, min $7.50
$10 or 3%, whichever is greater
59
Free
✔
✔
✔
✔
✔
✔
✔
✔
✔
✔
North Shore Credit Union CUETS Low Fee Gold Choice Rewards MasterCard
$1 = 1.25 points. Points toward travel, merchandise or gift certificates at selected merchants
Purchase Protection and Extended Warranty
✔
✔
North Shore Credit Union CUETS Low Fee Gold MasterCard
Not specified
2,500
19.49
19.49
1% of amount transferred, min $7.50
$10 or 3%, whichever is greater
35
12
Prospera Credit Union No-Fee GOLD VISA Desjardins
$35,000 per household
5,000
19.90
19.90
19.90
$10 or 5%, whichever is greater
Free
Free
0.5% of your purchases in BONUSDOLLARS (1% for an additional $30 per year)
✔
✔
✔
✔
✔
✔
✔
Prospera Credit Union Travel Gold Visa Desjardins
$35,000 per household
5,000
19.40
19.40
19.40
$10 or 5%, whichever is greater
$110 ($90 for 76 years old and over)
30
1% of your purchases (2% of your purchases in foreign currency) in BONUSDOLLARS
✔
✔
✔
✔
✔
✔
✔
RBC Royal Bank RBC Rewards VISA Gold
Not specified
1,000
19.99
19.99
19.99
$10 + fees + interest or outstanding balance, whichever is less
Free
Free
Points toward travel, merchandise, gift certificates/cards, RBC Financial™ rewards or charitable donations 5
✔
RBC Royal Bank Rewards Visa Preferred
Not specified
1,000
19.99
19.99
19.99
$10 + fees + interest or outstanding balance, whichever is less
110 (70 for 65 yrs. and over)
40
Points toward travel, merchandise, gift certificates/cards, RBC Financial™ rewards or charitable donations5
✔
Scotiabank No-Fee ScotiaGold VISA Card
Not specified
5,000
19.99
21.99
21.99
2%
Free
Free
Scotiabank ScotiaGold Passport VISA Card
Not specified
5,000
19.99
19.99
21.99
2%
110 (65 for 65 yrs. and over)
30 (15 for 65 yrs. and over)
Points toward travel, merchandise, gift certificates or bank vouchers
✔
✔
✔
TD Canada Trust TD Gold Elite VISA
35,000
5,000
19.99
21.50
21.50
$10 plus interest and fees
99
39/card (up to 3)
1% cash back on annual net purchases
✔
✔6
TD Canada Trust TD Gold Select VISA
35,000
5,000
19.99
21.50
21.50
$10 plus interest and fees
Free
Free (up to 3)
Vancity Credit Union EnviroExpenseGold My VISA Rewards Plus
15,000
500
19.50
19.50
19.50
$50 or 3%, whichever is greater
99
Free
If the grace period does not apply, the interest on purchases is calculated from the date of purchase of the item or, in some cases, the date the item is posted to your account.
2
Unless otherwise specified, for cash advances or balance transfers, interest is calculated from the date funds are borrowed. There is no grace period.
3
This is not a complete list of all rewards and benefits offered by credit card issuers. For more details about other rewards and benefits that are offered for additional fees, check with the credit card issuer.
Updated January 2012
✔
✔
✔ $1 = 1 point toward travel, merchandise, financial products/services and charitable donations
✔
✔ ✔
✔
✔
✔
✔
✔
✔
✔
✔
✔
✔
✔
✔ 1
✔ ✔
✔
✔
✔
✔ This option is offered for an additional fee.
✔ ✔
✔
This option is included in the annual card fee.
4
National Bank also has an extensive list of affinity credit cards. For more information on affinity cards, visit their web site.
5
RBC Financial™ Rewards is a suite of RBC Royal Bank lending and investing vouchers. RBC Rewards points can be redeemed to pay down a RBC Mortgage, a RBC Homeline Plan, a RBC Royal Creditline, or a RBC Personal loan faster. RBC Rewards points can also be redeemed toward a Registered Retirement Savings Plan (RRSP) or a Registered Education Savings Plan (RESP) with the Royal Bank of Canada, RBC Dominion Securities Inc. or RBC Direct Investing Inc.
6
Trip interruption only. Trip Cancellation not included.
Regular-Rate Gold Credit Cards Issuer / Name of Card
Minimum Personal Income Required ($)
Minimum Credit Limit ($)
The information contained in this table is updated periodically by FCAC. Financial institutions can change the costs as well as the terms and conditions of their products at any time. Contact the financial institutions directly if you wish to obtain the latest information on their products.
Annual Interest Rate Purchases (%)1
Cash Advances (%)2
Balance Transfers (%)2
Minimum Payment ($ or % of outstanding balance)
Annual Fees First Card ($)
Extra Cards ($)
Rewards and Benefits3 Reward Program
Travel Insurance
Accident
Vancity Credit Union EnviroGold VISA My VISA Rewards Plus
Trip Cancel. and/or Interrup.
Medical
Car Rental
15,000
500
19.50
19.50
19.50
$50 or 3%, whichever is greater
99
Free
$1 = 1 point toward travel, merchandise, financial products/services and charitable donations
✔
Westminster Savings Credit Union VISA Desjardins Low-Rate Gold
35,000 per household
5,000
9.90
9.90
9.90
$10 or 5%, whichever is greater
50
10
1% of purchases credited as BONUSDOLLARS
✔
✔
✔
✔
Westminster Savings Credit Union VISA Desjardins No-Fee Gold
35,000 per household
5,000
19.90
19.90
19.90
$10 or 5%, whichever is greater
Free
Free
0.5% of purchases credited as BONUSDOLLARS5
✔
✔
✔
Westminster Savings Credit Union VISA Desjardins Travel Gold
35,000 per household
5,000
19.40
19.40
19.40
$10 or 5%, whichever is greater
110 (90 for 76 yrs. and over)
30
1% of domestic purchases and 2% of purchases made in other currencies credited as BONUSDOLLARS
✔
✔
✔
✔
1
If the grace period does not apply, the interest on purchases is calculated from the date of purchase of the item or, in some cases, the date the item is posted to your account.
2
Unless otherwise specified, for cash advances or balance transfers, interest is calculated from the date funds are borrowed. There is no grace period.
3
This is not a complete list of all rewards and benefits offered by credit card issuers. For more details about other rewards and benefits that are offered for additional fees, check with the credit card issuer.
Updated January 2012
Purchase Protection and Extended Warranty Flight Delay
Baggage
✔
✔4
✔
✔
✔
✔
✔
✔
✔
✔
✔
✔
✔
✔
This option is offered for an additional fee.
✔
This option is included in the annual card fee.
4
This also includes price protection, which helps ensure that cardholders do not pay too much for most purchases made in Canada. If, within 60 days of making a purchase, a cardholder sees the same item in Canada advertised at a lower price, he or she will be reimbursed for the difference. Total cardholder price protection claims must not exceed $1,000 in any calendar year. The full cost of items are charged to the Vancity Envirogold VISA card.
5
For an additional fee of $30/year, you can get 1% of your purchases credited as BONUSDOLLARS.
How You Can Reach Us Financial Consumer Agency of Canada 427 Laurier Ave. West 6th Floor, Enterprise Building Ottawa ON K1R 1B9
1-866-461-3222 1-866-914-6097 1-866-814-2224 www.fcac.gc.ca
Telephone (toll-free): TTY (toll-free): Fax (toll-free): Web site: E-mail General inquiries: Publications:
[email protected] [email protected]
© Her Majesty the Queen in Right of Canada (Financial Consumer Agency of Canada)
