Best Low Interest Cards
If you think you may not be able to pay off your balance in full every month, then it makes no sense to get a rewards card. Because interest rates are so high on rewards cards (averaging between 19.99% and 23.99%), any rewards you get will be offset by even a low amount of interest paid.
Scotiabank GM Visa Card
Tangerine Money-Back Credit Card
Low interest cards often have no rewards or incentives for use, other than just being a credit card. However, with interest rates substantially lower than rewards cards, you could potentially save more money with a low interest card than you would earn with a rewards card.
Be careful though – if you start missing payments, the interest rate will increase! Some cards may even have higher interest rates after missing a couple payments than a rewards card.