Vancity Enviro Classic Visa (Low Rate) Review



Annual Fee


Annual Rewards


Intro Offer


Annual fee


Annual rewards


Intro offer


  • Low interest rate on purchases and cash advances
  • No annual fee
  • Earns Vancity Rewards points for environmentally friendly actions
  • Supports local community initiatives
  • Purchase security and extended warranty


  • Limited rewards compared to other cards
  • No travel insurance benefits
  • Minimal perks compared to higher-tier credit cards
  • Rewards points redemption options may be less versatile than other programs

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 Classic Visa (Low Rate), here’s how you earn rewards:

How much your rewards are worth

The dollar value of your rewards depends on the specific Vancity Enviro rewards program and what you choose to redeem your points for.

For Vancity Enviro Classic Visa (Low Rate) in particular, if you spend $2,000.00 per month, here’s our estimated rewards earned depending on which reward you choose:

Calculating your annual rewards

$24,000.00 annual spending x $0.00% return on spending = $0.00 annual rewards

$0.00 annual rewards – $25.00 annual fee = $$-25.00 net annual rewards

Details and eligibility

Do I qualify?
Estimated Credit Score725 – 759
Interest Rates
Cash Advance11.2%
Balance Transfer11.2%
Annual Fee$25.00
Extra Card Fee$0
Card typeVisa

Insurance coverage

Extended Warranty1 year
Purchase Protection90 days
Travel Accident200000

Vancity Enviro Classic Visa (Low Rate) Review

The Vancity Enviro Classic Visa (Low Rate) credit card offers a range of benefits to its cardholders, along with some earning potential for those who wish to keep their interest costs low. In this review, we will discuss the card’s earning potential, benefits, drawbacks, and other relevant information for prospective users.

Earning Potential

The Vancity Enviro Classic Visa (Low Rate) does not have a rewards program and does not offer points or cash back for spending in various categories. Its main feature is the low interest rate for cardholders, which helps users save money on interest charges if they carry a balance.

Benefit 1: Low Interest Rate

The first major advantage of this card is the low interest rate of 11.25% on purchases and cash advances, helping cardholders minimize their borrowing costs should they need to carry a balance on the card.

Benefit 2: No Annual Fee

The second major advantage is the absence of an annual fee. This feature is particularly appealing for those who seek to lower their credit card fees and want a straightforward, cost-effective payment option.

Benefit 3: My Visa Rewards Plus Program Participation

The third major advantage is that cardholders are automatically enrolled in the My Visa Rewards Plus Program. While not a direct earning opportunity with the card, this program gives access to various discounts and promotions available at participating retailers, adding value for its users.

Benefit 4: Support for Local Community Initiatives

The fourth major advantage is the card’s environmental focus. The Vancity Enviro Classic Visa (Low Rate) supports local community initiatives by donating a portion of its profits to the Vancity Community Foundation, resulting in a positive social impact for environmentally-conscious cardholders.

Drawback 1: Lack of Rewards Program

One significant drawback of the card is the absence of a rewards mechanism. Cardholders do not earn points or cash back based on their spending, making it less suitable for those looking to receive direct benefits from their credit card usage.

Drawback 2: Lack of Perks and Insurance Coverage

Another significant drawback is the lack of perks and insurance coverage, such as travel insurance, purchase protection, and extended warranty coverage. These features are commonly found in other credit cards, so users seeking additional benefits may wish to explore alternative options.

In conclusion, the Vancity Enviro Classic Visa (Low Rate) credit card is designed for those focused on reducing borrowing costs through a low interest rate and avoiding annual fees. While its rewards potential is limited, it is fuelling a conscious community effort, offering an environmentally responsible choice and access to an external rewards program. Always consider your spending habits and desired features when selecting the right credit card.

Interested in other credit cards? If the Vancity Enviro Classic Visa (Low Rate) credit card isn’t perfect for you, you might want to consider the Vancity enviro Gold Visa. Plus, many Canadian’s that like the Vancity Enviro Classic Visa (Low Rate) like the Vancity enviro Visa Classic with Vancity Rewards, and the Vancity Enviro Visa Infinite.


With the Vancity Enviro Classic Visa (Low Rate) credit card, you can redeem your points for a variety of rewards. These include:

  • Gift cards from popular retailers, restaurants, and entertainment venues across Canada
  • Travel rewards, including flights, hotels, car rentals, and vacation packages, with no blackout dates or restrictions
  • Donations to local and global charitable organizations
  • EnviroExpense, allowing you to offset the carbon footprint of your purchases
  • Financial rewards in the form of credits applied to your Vancity loan, mortgage, or investment products
  • Vancity Visa*e-updates, a subscription-based program that offers exclusive promotions, special offers, and updates

The Vancity Enviro Classic Visa (Low Rate) credit card has a foreign transaction fee of 2.5% on each purchase made in a foreign currency. This means that when using the card for transactions outside of Canada or online purchases in foreign currencies, an additional 2.5% will be applied to the converted Canadian dollar amount of such transactions, making it important to consider this fee when using this card for international purchases or foreign currency payments.

The Vancity Enviro Classic Visa (Low Rate) credit card does not have a minimum income requirement.

Key benefits

  • 11.25% interest rate on purchases
  • 11.25% interest rate on cash advances
  • 0% annual fee
  • Earn 1 My Visa Rewards Plus point for every $2 spent
  • Redeem points for charitable donations, travel, gift cards, or merchandise
  • Up to $10,000 purchase security on eligible items
  • Extend manufacturer’s warranty up to 1 additional year
  • 24/7 emergency card assistance
  • Optional Vancity balance protection
  • Vancity re-usable shopping bag
  • Environmentally conscious choice

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