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Home >> Personal Finance >> Canada Credit Cards >> Issuers >> Laurentian Bank Credit Card Canada

Laurentian Bank Credit Card Canada

The Laurentian Bank offers a wide assortment of Laurentian Bank Credit Cards in Canada. The Laurentian Bank is a 160-year-old institution and has the third largest branch network in Quebec. Laurentian Bank Credit Cards Canada enjoy worldwide acceptance in over 150 countries.

Laurentian Bank: History and Present

In 1846, The Montreal City and District Savings Bank came into existence. It aimed at providing the working class a substantial means to save money. The turning point in the bank’s history, however, came in 1980, when it obtained legal permission to expand its network all across Canada. Gradually, it extended its network and in 1987 was renamed The Laurentian Bank of Canada, when The Laurentian Group Corporation acquired it.

Laurentian Bank Credit Card Canada: Features

The common features of Laurentian Bank Credit Cards include:

  • 21-day interest free grace period.

  • RewardMe program: Cardholders get one point for each dollar spent through the card, which can be exchanged for free gifts. The lowest redemption level is 2,600 points.

  • Optional Assur-payment: This is a comprehensive insurance plan underwritten by The Industrial Alliance. A fee of $0.94 is charged per $100 of used balance.

Popular Laurentian Bank Credit Card Canada: Features and Benefits

The most popular Laurentian Bank Credit Cards Canada are:

Laurentian Bank VISA Black Card

  • Interest rate of 19.9%.

  • No annual or monthly fee.

  • The student version is available for a monthly fee of $1.66, which can be reimbursed when the net card.
  • purchases exceeds $200. Purchase interest rate is 19.49%.

One can acquire the VISA Black Reduced Rate Card by paying an annual fee of $25. It boasts a low rate of 12.49%.

Laurentian Bank Gold Passport

  • Yearly fee of $ 90.

  • Interest rate of 19.9%.

  • 360 degree coverage on travel insurance.

  • Purchase insurance protecting purchased products from any damages that occurs within a span of 90 days, starting from the purchase date.

Laurentian Bank Credit Cards Canada: How to Apply

Any Canadian resident who has attained the age of majority as per the rules of her/his province of residence is eligible to apply. Applying through the official site of The Laurentian Bank Canada Bank speeds up the process and one can get a card in only 10 days.

Laurentian Bank Credit Card Canada offers cash access at over 800,000 ATMs and 400,000 financial institutions.

‘Laurentian Bank Credit Cards’ and ‘The Laurentian Bank of Canada’ are trademarks of The Laurentian Group Corporation, who can be found at www.laurentianbank.ca