Visa* minimum monthly payment deferral extension form
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If you have already benefited from minimum payment deferrals and are still experiencing financial hardship, you may be eligible for an additional 3-month deferral period and an additional 3-month reduced annual interest rate of 10.99% for your personal Laurentian Bank and B2B Bank Visa credit cards.

Please complete and submit this form before September 30, 2020 to request Visa minimum monthly payment deferrals for an additional three months.

This form can be used only once. Minimum monthly payment deferral requests for additional credit cards cannot be processed using this form. If you would like to submit a request for a deferral for an additional Visa card, please contact our Telebanking Centre at 1-800-522-1846 or your branch.

Some terms and conditions apply. For details, see our COVID-19 section.
Important information:
  • If you have the Assur-paymentTM program and you are eligible for protection in case of job loss or disability, we invite you to contact Industrial Alliance Insurance and Financial Services Inc. at 1-800-361-6002 to make a claim.

  • Visa minimum payment deferral extension requests may take up to five business days to process.

  • Please note you will receive an automated message confirming that we have received your Visa payment deferral extension request. We will contact you only if your request is ineligible for payment deferral or if we require more information.

  • To qualify for a Visa minimum payment deferral extension, all applications must be submitted by September 30, 2020. You must be eligible and certain conditions apply.

  • If your initial minimum payment deferral period has come to an end and your account is now past due, we cannot guarantee that we will be able to extend your minimum payments deferral period. We will review your request and contact you if your minimum payment deferral period cannot be extended.

  • Visa minimum payment deferral extensions are available to Laurentian Bank Personal Banking Visa cardholders. If you are a Laurentian Bank Business Services customer and Visa Business cardholder, we invite you to contact your branch or your account manager who will help review your situation and provide you with any available options. Other relief measures could be available, such as the Canada Emergency Business Account (CEBA).

  • To request a Visa minimum payment deferral for the first time, please visit this page.

Extension details:
  • An extension of your minimum payment deferral means that no minimum monthly payments will be required for an additional 3-month period. This payment deferral means that your minimum monthly payments will be higher at the end of the deferral period.

  • The annual interest rate applicable to your Laurentian Bank Visa credit card will be temporarily reduced to 10.99% for the period covering your next three billing cycles. This temporarily reduced interest rate will not apply to transactions made before or after your deferral period begins or ends.

  • All charges, including interest, continue to apply and accrue during the deferral period and will be added to your account balance, which will increase during the additional deferral period, if no minimum payment is made. Note that we do not charge interest on accrued interest.
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Montréal, Quebec
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