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Visa Black Reduced Rate

Do you use your credit card as a financing tool and regularly maintain a balance in your account? Take advantage of great savings with one of the most competitive credit card interest rates, available from Laurentian Bank’s VISA1 Black Reduced Rate card.

What is the VISA black reduced rate Card?

It’s the Laurentian Bank’s classic credit card, which allows you to pay a little later for what you purchase today – a great payment tool! But most importantly, we’ve added the following option: you benefit all year long from a 12.49% interest rate for only $302 in annual fees. A highly useful advantage when the end of the month sneaks up on you!

Take a look at these great advantages!

Simplify your everyday life with a unique payment method
Centralize all your purchases and expenses on your credit card: grocery, pharmacy, gas station, etc., without the added fees you might incur with a debit card!

Use your statement the smart way
Think practical! Your account statement becomes an efficient management tool that allows you to keep close track of your purchases and expenses.

Rest easy

  • In case of emergency, you can easily access extra cash with your credit card PIN.
  • You’re protected against the unauthorized use of your card or information about your account with VISA’s Zero Liability3 policy, at no extra cost to you.
  • You can safely shop online thanks to Verified by VISA. Visit www.visa.ca/verified for more information.

Think practical!

  • 21-day interest-free payment deferment until the date shown on your statement
  • Possibility of access to virtual mail statement
  • Cash transfers to other credit cards possible with VISA cheques
  • Cards accepted in over 150 countries
  • Cash advances available from 800,000 automatic teller machines and 400,000 financial institutions
  • Free additional cards
  • Easy account payment by mail, telephone, Internet or at Bank branches

Security and protection with Assur-paymentTM!

Benefit from Assur-paymentTM4 protection, offered as an option on your VISA card. Guarantee your security and the security of your loved ones and enjoy life worry-free!

  • Reimbursement of the minimum payment5 in the event of job loss or disability
  • Reimbursement of the balance in the event of death.6
  • Legal assistance
  • Convalescence assistance
  • Accès-Santé Info assistance
  • VIE COURANTE assistance


Annual fees2
  • $30
Additional card2
  • Free
Annual interest rate2
  • 12.49%
  • Available upon request

Enjoy great discounts

Take advantage of numerous discounts on merchandise, travel, activities, etc. with VISA Perks. Visit www.visaperks.ca to find out about all current offers.


This product is for you if:

  • You’re in the habit of maintaining a balance on your credit cards;
  • You’re looking for a smart payment solution tailored to your purchases;
  • You’d like the possibility of obtaining fast credit in emergency situations.

This product is not for you if:

  • You’re not in the habit of maintaining large balances on your credit cards. You may want to look into the VISA Black Reward Me card for many more great advantages!



1. VISA Int./Laurentian Bank of Canada, licensed user.
2. Subject to change. Annual fees are non-refundable.
3. To sign up for the coverage, each authorized user must comply with the agreement governing the use of the Laurentian Bank VISA card, including conditions regarding the obligation to protect the PIN.
4. Assur-paymentTM protection for the Laurentian Bank VISA card is underwritten by The Industrial Alliance, a personal insurance company. To be eligible, you must be aged 18 to 64 inclusively at the date of application. Fees of $0.97 per $100 on used balance apply. Subject to change.
5. Maximum of $750 per month, up to a cumulative maximum of $15,000.
6. Up to a maximum of $15,000 in the event of natural death or $30,000 in the event of accidental death.