RBC Royal Bank
Get rewarded on everyday purchases with $0 annual fee, flexible rewards and competitive 20.99% purchase rate. Purchase security and bonus points included.
If you’re looking for a flexible credit card with rewards and no annual fee, RBC’s No Annual Fee Credit Cards range stands out. With a 20.99% purchase interest rate, you benefit from clear, competitive terms. Credit limits depend on your eligibility, but it’s easy to apply and approval can be swift. You’ll find options for Avion points, cashback, and practical insurance benefits, making everyday spending more rewarding.
How to Apply for RBC No Annual Fee Credit Cards
- Visit the RBC credit card application page.
- Choose your desired no annual fee credit card.
- Complete your online application with your personal information.
- Review and submit your application.
- Receive a response within minutes and, if approved, your card will be sent out.
Key Pros of RBC No Annual Fee Credit Cards
These cards are truly cost-effective: there is absolutely no annual fee, so you can keep them open for as long as you wish. Flexible rewards programs, allowing you to collect points or cashback on essentials like groceries, gas, and dining, are a highlight. Instant savings at Petro-Canada and complimentary insurance coverages, such as mobile device, extended warranty, and purchase security, add real value. Welcome bonuses sweeten the offer for eligible new cardholders.
Potential Cons to Consider
No annual fee does mean some higher-end perks, such as premium travel insurance or higher earn rates, may be omitted. Interest rates, like the 20.99% on purchases and 22.99% on cash advances, require paying your full statement each month to avoid costly charges. Limits and bonus eligibility can vary based on your creditworthiness, which is standard for most cards.
Our Verdict
RBC No Annual Fee Credit Cards are an excellent pick for Canadians looking for everyday rewards and practical benefits without annual costs. They’re especially attractive to new-to-credit users or those seeking value and flexibility, although frequent travellers might benefit more from premium card options elsewhere.
