Head to head
BMO Preferred Rate Mastercard vs RBC Visa Classic Low Rate
Fees, rates, rewards, and welcome offers side by side. Every figure links to the issuer's own page.
| Issuer | BMO | RBC Royal Bank |
| Network | Mastercard | Visa Classic |
| Annual fee | $29 | $20 |
| Purchase APR | 13.99% | 12.99% |
| Cash advance APR | 15.99% | 12.99% |
| FX fee | n/a | n/a |
| Welcome (est. value) | See offer | See offer |
| Top earn rate | n/a | n/a |
| Lounge visits | n/a | n/a |
| Min. income | n/a | n/a |
Frequently asked
- Is the BMO Preferred Rate Mastercard or the RBC Visa Classic Low Rate better?
- Neither is universally better. The BMO Preferred Rate Mastercard charges a $29 annual fee at 13.99% purchase APR, while the RBC Visa Classic Low Rate charges $20 at 12.99%. The right pick depends on how you spend and whether you carry a balance. Confirm all details on each issuer's page before applying.
- Where do these numbers come from?
- Every fee, rate, and offer here is pulled from the card issuer's own product and application pages, never an affiliate feed. Rates and offers change, so always verify on the official issuer page before you apply.
- Is this financial advice?
- No. This is an educational comparison to help you weigh two cards. It is not financial advice.
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