Top 10 Best Balance Transfer Credit Cards Canada

It is not unusual for a lot of people to have several credit cards. Many of them have different interest rates. This can be a real hassle. For some, the solution is to have just one credit card to deal with. To have this opportunity many credit card companies allow for the transfer of balances from other credit cards to theirs. In addition to this these various cards come with some other important benefits such as;

No annual fee
Balance transfers
Cash Advances
Low interest rates
Welcome bonus
Rewards
Cash back
Air Miles
Options
Travel

Below the List of Best Low Balance Transfer Credit Cards in Canada;

MBA Platinum Plus Credit Card (Best Low Balance Transfer Canada Credit Card for Low Balance interest)
PC Financial MC (Best Low Balance Transfer Canada Credit Card for Rewards)
Scotia Bank Value Visa (Best Low Balance Transfer Canada Credit Card for Cash Advances)
American Express Essential Credit Card (Best Low Balance Transfer Canada Credit Card for No Annual Fee)
BMO Preferred Rates (Best Low Balance Transfer Canada Credit Card for Low-Interest Rates)
CIBC Platinum (Best Low Balance Transfer Canada Credit Card for Welcome Bonus)
CIBC Dividend Visa (Best Low Balance Transfer Canada Credit Card for Cash Back)
CIBC Select Visa (Best Low Balance Transfer Canada Credit Card for Options)
CIBC Classic (Best Low Balance Transfer Canada Credit Card for Travel)
BMO Air Miles (Best Low Balance Transfer Canada Credit Card for Air Miles)

Contents

1 Best Low Balance Transfer Canada Credit Card for Low Balance interest
- 1.1 MBNA Platinum Plus Credit Card
2 Best Low Balance Transfer Canada Credit Card for Rewards
- 2.1 PC Financial MC
3 Best Low Balance Transfer Canada Credit Card for Cash Advances
- 3.1 Scotiabank Value Visa
4 Best Low Balance Transfer Canada Credit Card for No Annual Fee
- 4.1 American Express Essential Credit Card
5 Best Low Balance Transfer Canada Credit Card for Low Interest Rates
- 5.1 BMO Preferred Rates
6 Best Low Balance Transfer Canada Credit Card for Welcome Bonus
- 6.1 CIBC Platinum
7 Best Low Balance Transfer Canada Credit Card for Cash Back
- 7.1 CIBC Dividend Visa
8 Best Low Balance Transfer Canada Credit Card for Options
- 8.1 CIBC Select Visa
9 Best Low Balance Transfer Canada Credit Card for Travel
- 9.1 CIBC Classic
10 Best Low Balance Transfer Canada Credit Card for Air Miles
- 10.1 BMO Air Miles

Best Low Balance Transfer Canada Credit Card for Low Balance interest

MBNA Platinum Plus Credit Card

Annual Fee	None
Interest rate%	19.99%
Balance Transfer%	0%/12 months
Cash Advance %	24.99%
Credit Score	Good
Rewards	Basic

Out of the several credit cards offering the best balance transfer rate this it is. There is no interest for a twelve month period. Other benefits are;

Purchase assurance
Some travel benefits i.e. lost luggage assistance
Common carrier insurance

Best Low Balance Transfer Canada Credit Card for Rewards

PC Financial MC

Annual Fee	None
Interest rate%	19.97
Balance Transfer%	0.97%/6 months
Cash Advance %	22.97
Credit Score	Good
Rewards	Points

For those who like a credit card that offers plenty of points this is a good card to choose. Points that may be available are;

In store points 10 for every $1. spent
Shoppers Drug Mart 25 points for every $1. spent
PC Travel Points 20 per every $1.
All other purchases 10 points per dollar

Best Low Balance Transfer Canada Credit Card for Cash Advances

Scotiabank Value Visa

Annual Fee	$29.
Interest rate%	19.97$
Balance Transfer%	1.99%/6 months
Cash Advance %	11.99%
Credit Score	Good
Rewards	Discounts

Everyone uses their credit cards differently. Some like a card that allows for good cash advance interest rates. For them this card is a good choice. Additional benefits with this card are;

Discounts on car rentals
Optional protection

Best Low Balance Transfer Canada Credit Card for No Annual Fee

American Express Essential Credit Card

Annual Fee	None
Interest rate%	8.99%
Balance Transfer%	1.99%
Cash Advance %	8.99%
Credit Score	Good
Rewards	Discounts

For those that want a basic credit card that comes with no annual fee and has some additional good benefits this is a good choice of card. Benefits such as;

Low interest rates
Low cash advance rates

Best Low Balance Transfer Canada Credit Card for Low Interest Rates

BMO Preferred Rates

Annual Fee	$20
Interest rate%	11.99
Balance Transfer%	2.99%/9 months
Cash Advance %	11.99%
Credit Score	Good
Rewards	Basic

This credit card does come with an annual fee but the low interest rates help make up for this the same as the low rates on the cash advances. Then it also has some other good benefits as well;

Extended warranty
Purchase Protection

Best Low Balance Transfer Canada Credit Card for Welcome Bonus

CIBC Platinum

Annual Fee	None
Interest rate%	19.99%
Balance Transfer%	0/10 months
Cash Advance %	22.99%
Credit Score	Good
Rewards	Basic

As their welcome bonus this car is offering an excellent interest rate on their balance transfer. Plus, it doesn’t charge any annual fees. Other benefits include;

Road coverage
Purchase protection

Best Low Balance Transfer Canada Credit Card for Cash Back

CIBC Dividend Visa

Annual Fee	None
Interest rate%	19.99%
Balance Transfer%	0/10 months
Cash Advance %	22.99%
Credit Score	Good
Rewards	Basic

Cash back is a benefit that is important to many credit card holders. This credit card is recognized for this great benefit. Benefits include;

2% cash back on grocery purchases
1% cash back on other items
Extra protection purchases

Best Low Balance Transfer Canada Credit Card for Options

CIBC Select Visa

Annual Fee	None
Interest rate%	19.99
Balance Transfer%	0/10 months
Cash Advance %	22.99
Credit Score	Good
Rewards	Basic

There are some who like credit cards with options to buy additional benefits if they wish to do so. This credit card will allow for that. There is a chance to buy optional insurance. Other perks are;

Standard insurance
Passenger Protection

Best Low Balance Transfer Canada Credit Card for Travel

CIBC Classic

Annual Fee	None
Interest rate%	19.99%
Balance Transfer%	0%/10 months
Cash Advance %	22.99%
Credit Score	Good
Rewards	Basic

Many credit card holders make good use of their credit cards when they are traveling. In these cases, they want a credit card that offers a lot of benefits. This card is a good choice for this. Some benefits offered are;

Extra Purchase protection
Passenger Protection

Best Low Balance Transfer Canada Credit Card for Air Miles

BMO Air Miles

Annual Fee	None
Interest rate%	19.99%
Balance Transfer%	1.99%/9 months
Cash Advance %	22.99%
Credit Score	Good
Rewards	Basic

There are some people that really are intent on having credit cards that offer good air miles. For them, this one will be a good choice. Some of its offerings are;