RBC Royal Bank
14,000 Avion welcome points with approval, $48 annual fee, 20.99% purchase rate. Earn 3x points on everyday categories and redeem flexibly.
The RBC ION+ Visa credit card stands out among Canadian rewards cards, thanks to its generous welcome bonus and practical earning structure. With an annual fee of $48 and an interest rate of 20.99% for purchases (22.99% for cash advances), approved cardholders unlock 14,000 Avion welcome points—watched closely by consumers since this bonus equals $100 in value for gift cards right from the start. Regular spending categories like groceries, dining, gas, food delivery, rideshare and streaming services earn accelerated rewards, adding ongoing value to the card.
How to Apply for the RBC ION+ Visa
Applying for the RBC ION+ Visa is straightforward and user-friendly. Begin by reviewing if the card aligns with your spending habits and needs. Gather personal and financial information; then, visit the official site to fill out the secure application. After submission, many applicants receive an instant decision, so you’ll know quickly if you are approved and can start earning rewards right away.
Key Pros of the RBC ION+ Visa
One of the main advantages is the opportunity to earn 3 Avion points per dollar on everyday essentials. These points don’t expire, and the Avion program lets you redeem for travel, gift cards, merchandise, or even to pay down your balance.
In addition, cardholders receive mobile device insurance and extended warranty protection, benefits not always found on rewards cards in this fee bracket. If you’re a student or under 25, RBC offers an annual fee rebate, making the card more accessible.
Possible Cons to Consider
There is a $48 annual fee, which—though modest—could outweigh the card’s value if your annual spending is low. The regular 20.99% purchase interest is typical but does require prompt payment of balances to avoid higher costs.
For users seeking travel-specific perks like lounge access or premium insurance, the ION+ Visa may lack features offered by higher-tier cards in the RBC lineup.
Our Verdict
For Canadians wanting to maximize rewards on everyday purchases, the RBC ION+ Visa delivers strong value, especially with the sizeable welcome bonus. Its flexible redemption options and insurance coverage appeal to a broad range of cardholders. However, consider your spending patterns and compare with no-fee options or travel premium cards to ensure it fits your needs.
