Pros & cons
Pros
- Earn 1 point per $1 spent on purchases (2x points on travel booked through Vancity Rewards).
- Low interest rate of 11.25%Δ.
Cons
- Lower rewards on purchases compared to other cards with similar annual fees.
Your rewards
How you earn rewards
Each card earns rewards differently. Part of choosing your card is deciding what type of rewards you want to get. With Vancity enviro Visa Classic card Low interest rate + Vancity Rewards, here's how you earn rewards:
- 1 point per $1 spent on travel booked through Vancity Rewards
- 1 point per $2 spent on all purchases
For all reward details click here.
How much your rewards are worth
The dollar value of your rewards depends on the specific rewards program ‒ and what you choose to redeem your points for. For Vancity enviro Visa Classic card Low interest rate + Vancity Rewards in particular, if you spend $2,000 per month, here's our estimated annual rewards earned depending on which reward you choose:
| Statement credits | $126 | |
| Travel | $126 | |
| Gift Cards | $126 | |
| Donations | $126 |
Calculating your annual rewards
$24,000 annual spending x 0.53% return on spending = $126 annual rewards
$126 annual rewards − $50.00 annual fee = $76 net annual rewards
Details and eligibility
- Estimated Credit Score
- 560 - 659
- Personal Income
- N/A
- Household Income
- N/A
- Annual Fee
- $50.00
- First Year Free
- Yes
- Extra Card Fee
- $0
- Card type
- Credit
- Purchase
- 11.25%
- Cash Advance
- 11.25%
- Balance Transfer
- 11.25%
Insurance coverage
- Extended Warranty
- 1 year
- Purchase Protection
- 90 days
- Travel Accident
- $200,000
Please review your insurance certificate for details, exclusions and limitations of your coverage, terms and conditions apply.
Learn more about the value of credit card insurance coverage.
Genius Rating
Vancity enviro Visa Classic card Low interest rate + Vancity Rewards's 3.7 Genius Rating is based on the weighted average of the following scores:
Methodology
All scores are produced by our math-based rating algorithm that takes into account over 126 credit card features.
Top cards from Vancity
Vancity Enviro Visa Classic Review
For residents of BC (and especially the Greater Vancouver area), Vancity is no doubt a name you're familiar with. They have a lineup of credit cards, with one of them being the Vancity enviro Visa Classic card Low interest rate + Vancity Rewards.
It's essentially a paid upgrade to the Vancity enviro Visa Classic card with Vancity Rewards, and offers both rewards and low interest rates. Here's what this card offers.
Rewards earned with the Vancity enviro Visa Classic card Low interest rate + Vancity Rewards
The Vancity enviro Visa Classic card Low interest rate + Vancity Rewards earns Vancity Rewards on purchases. And the rewards it earns are the same as the Vancity enviro Visa Classic card with Vancity Rewards.
You'll earn:
- 1 point per $1 spent on travel booked through Vancity Rewards
- 1 point per $2 spent on all purchases
There are a few things you can use your points for. No matter which one you choose, 100 points will get you $1 in rewards.
- Cash back‡
- Travel through Vancity Rewards
- Donations
- Gift cards
2 benefits to the Vancity enviro Visa Classic card Low interest rate + Vancity Rewards
There are more benefits to this card than just the rewards. Here are 3 other things that you'll like about this card.
1. Low interest rate
The biggest advantage this card has over the Vancity enviro Visa Classic card with Vancity Rewards is it offers a low interest rate. Rather than facing an interest rate of 19.5% with the Vancity enviro Visa Classic card with Vancity Rewards, with this Vancity card, it's much lower at 11.25%Δ.
If you carry a balance from time to time, you'll be able to save on interest payments compared to a higher interest rate credit card.
2. Vancity enviroFund contributions
With any Vancity credit card, you're helping the environment. 5% of the profits of every purchase on your enviro™ Visa card goes towards environmental initiatives through the Vancity enviroFund™.
Vancity cards also come with Vancity's Carbon Counter™. They'll estimate your carbon footprint based on the purchases you're making.
3 downsides to the Vancity enviro Visa Classic card Low interest rate + Vancity Rewards
Here are some things you'll want to keep in mind if you decide to go with this card.
1. Only available for residents of British Columbia
Vancity only operates in British Columbia. And if you're not a resident of British Columbia, this card won't be available to you.
2. Annual fee
For the privilege of getting a lower interest rate, you'll be paying an annual fee of $50.
This card will only be worth it if you carry a balance on it.
3. Low rewards on purchases compared to other low fee cards
The rewards are just ok. Cards with similar annual fees would earn at least 1% back on everything.
But here, your earnings are just 0.5%, increasing to 1% on travel booked through Vancity.
Comparison to the Vancity enviro Visa Classic card with Vancity Rewards
So here's the full comparison to the Vancity enviro Visa Classic card with Vancity Rewards, and how these seemingly similar cards differ.
| Vancity enviro Visa Classic card Low interest rate + Vancity Rewards | Vancity enviro Visa Classic card with Vancity Rewards | |
|---|---|---|
| Welcome Bonus | None | None |
| Earn Rates | * 1 point per $1 spent on travel booked through Vancity Rewards * 1 point per $2 spent on all purchases |
* 1 point per $1 spent on travel booked through Vancity Rewards * 1 point per $2 spent on all purchases |
| Interest Rates | * Purchases: 11.25% * Cash Advance: 11.25% * Balance Transfer: 11.25% |
* Purchases: 19.5% * Cash Advance: 19.5% * Balance Transfer: 19.5% |
| Insurance Coverage | 3 types§ | 3 types§ |
| Special features | * 5% of profits to go the Vancity enviroFund | * 5% of profits to go the Vancity enviroFund |
| Income Requirements | None | None |
| Annual Fee | $50 | $0 |
The only differences are in the annual fee and interest rates. With the Vancity enviro Visa Classic card Low interest rate + Vancity Rewards, you're essentially paying for a lower interest rate. Otherwise, these cards are the same.
It's up to you to decide if that annual fee is worth getting lower rates or not.
Leave a review
These are our thoughts on the Vancity enviro Visa Classic card Low interest rate + Vancity Rewards – what are yours?
If you have the card, leave a user review so others can see what you thought of the card.
FAQ
What does the Vancity enviro Visa Classic card Low interest rate + Vancity Rewards offer for rewards?
The Vancity enviro Visa Classic card Low interest rate + Vancity Rewards offers Vancity Rewards at the following rates:
- 1 point per $1 spent on travel booked through Vancity Rewards
- 1 point per $2 spent on all purchases
You can use your rewards for travel, cash back‡, charity, and gift cards.
What special features does the Vancity enviro Visa Classic card Low interest rate + Vancity Rewards include?
The biggest feature of the Vancity enviro Visa Classic card Low interest rate + Vancity Rewards is it provides both rewards and low interest rates. The interest rates are much lower than typical credit card interest at 11.25%.
What is the annual fee and income requirements of the Vancity enviro Visa Classic card Low interest rate + Vancity Rewards?
The Vancity enviro Visa Classic card Low interest rate + Vancity Rewards has an annual fee of $50 and has no income requirements.
Key benefits
Δ You will benefit from an interest-free grace period of 21 days on new purchases and fees appearing on your statement. If you pay off the balance showing on your statement in full by the payment due date, no interest will be payable on all new purchases that appear on your statement for the first time. There is no interest-free grace period on cash advances and balance transfers. Interest rates and fees and are subject to change without notice. See the Vancity Credit Card Agreement and Disclosure Statement for more details.
^ Terms & conditions apply. For full details and eligibility requirements visit vancity.com/bank/credit-cards/enviro-classic-low-interest-vancity-rewards/
‡ Vancity membership required for certain cash back rewards. Must have a Vancity deposit account to redeem for cash. Additional terms and conditions apply.
§ Common Carrier Travel Accident and Travel Emergency Medical Insurance are insurance coverages underwritten by American Bankers Life Assurance Company of Florida (ABLAC) under Group Policy number VCVIL092019. All other insurance coverages are underwritten by American Bankers Insurance Company of Florida (ABIC) under Group Policy number VCVI092019. Price Protection Service and Emergency Travel Assistance Services are services only and not insurance and are provided by ABIC. ABIC and ABLAC, their subsidiaries, and affiliates carry on business in Canada under the name of Assurant®. ® Assurant is a registered trademark of Assurant, Inc. Details of the coverage, including definitions, benefits, limitations, and exclusions are in the Certificate of Insurance and the Statement of Services provided with the card. Read the Certificate of Insurance and Statement of Services, then keep these documents in a safe place, and take them with you when you travel.
* Trademark of Visa Int. Used under license.
enviro™, enviroFund™ and Carbon Counter™ are trademarks of Vancouver City Savings Credit Union.
^ Terms and conditions apply – for full details click the Apply Now button.
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