.webp)
Last updated:
Jul 31, 2025
Annual Fee:
false
Interest Rate: 12.90%
Suggested Credit Score: 660
Key Benefits
0% for 6 Months
Low 12.90% Rate
Low $25 Annual Fee
About this card
The TD Low Rate Visa Card* gives students a practical way to manage credit while minimizing interest charges. With a 12.90% interest rate on both purchases and cash advances, it's significantly lower than most student cards on the market. Even better, TD offers a 0% promotional interest rate on purchases for the first 6 months—a rare deal in the student segment. With a modest $25 annual fee, this card is a strong pick for students who may occasionally carry a balance or need help managing short-term expenses.
TD Low Rate Visa* Card
false
/ per year
American Express
Cobalt® Card
The American Express Cobalt® Card is a choice for Canadians who prioritize earning rewards on everyday spending, particularly in categories like dining, groceries, and streaming services. Its flexible Membership Rewards program and strong earn rates make it especially appealing to those who can maximize its benefits.
true
/ per year
Rogers™ World Elite® Mastercard®
This card stands out for its high cash-back rates on U.S. dollar purchases and enhanced rewards for Rogers-affiliated customers. The inclusion of travel insurance and lounge access perks adds value, especially for frequent travelers. However, the benefits are most pronounced for those who meet the income criteria and are existing Rogers, Fido, or Shaw customers.
0% interest on purchases for 6 months after account opening.
12.90% fixed interest rate on purchases and cash advances, making it student-friendly for carrying balances.
Low $25 annual fee, making it more affordable than many full-featured cards.
Ideal for credit building, especially for students new to credit.
Optional balance protection insurance for financial security.
No rewards or cashback program, so it's not ideal for maximizing everyday spending.
No balance transfer promotional offer, which some competitors offer.
Annual fee of $25, while other student cards are free.
Cash advances, while at a lower rate, should still be used sparingly.
Requires a student designation, so not available to non-students.
0% interest on purchases for the first 6 months (from account opening).
Conditions apply, offer subject to change.
Minimum personal income: No minimum income requirement for students.
Suggested credit score: No credit history to 660 — suitable for newcomers to credit.
Residency: Must be a Canadian resident with a Canadian credit file.