Visa* minimum payment deferral form
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Please complete and submit this form to request monthly minimum payment deferrals and a reduced interest rate of 10.99% for 3 months on your personal Laurentian Bank and B2B Bank Visa credit card.

This form can only be used once for one credit card. Deferral requests for additional credit cards cannot be processed. If you would like to submit additional deferrals, please contact our Telebanking Centre at 1-800-522-1846 or your branch.

Some terms and conditions apply. Additional details available within the COVID-19 credit card FAQ 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 requests may take up to 5 business days to process.

  • Please note you will receive an automated message confirming we have received your payment deferral request. We will only contact you should your request be ineligible for payment deferral.

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

  • If your account is currently past due, we cannot guarantee that we will be able to defer your minimum payments. We will contact you if your deferral cannot be treated as requested.

  • Visa minimum payment deferrals are available to personal Laurentian Bank Visa cardholders. If you have a Laurentian Bank Visa Business account, we invite you to contact your branch or your account manager who can help you analyze your situation and provide various options available to you. Other relief measures could be available, such as the Canada Emergency Business Account (CEBA).

Program details:
  • Minimum payment deferral means that no minimum monthly payments will be required for a period of 3 months. This will mean your minimum monthly payments will be higher at the end of the deferral period.

  • The applicable rate for your Laurentian Bank Visa credit card will be reduced temporarily to 10.99% for a period of 3 billing cycles as of your next statement. This temporary reduced interest rate will not be applicable on the transactions made before the start of your 3-month period.

  • All your 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 Deferral Period, if no minimum payments are made. Note that we do not charge interest on accrued interest.

  • This form is for requests to begin deferring your minimum payments as of your current statement (ie. as of the due date indicated on your current statement).  If you wish to defer your monthly minimum payments starting as of your next statement, please contact our Telebanking center or your branch.
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Montréal, Quebec
H3G 0E5

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*Trademark of Visa International Service Association and used under license.

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