RBC Royal Bank
Choose from no annual fee options or earn up to 14,000 Avion points on approval. Purchase rates start at 20.99%. Great for rewards and everyday spending.
Introducing the RBC Rewards Credit Card Offer
The RBC Rewards suite includes the ION+, ION Visa, More Rewards RBC Visa, and moi RBC Visa. These cards offer flexible rewards on everyday essentials like groceries, gas, dining, and more.
With purchase rates starting at 20.99% and cash advance rates at 22.99%, they offer competitive terms. Credit limits are subject to approval and may vary based on creditworthiness and card type.
Depending on the card, you can enjoy benefits such as welcome bonus points (up to 14,000 Avion points), mobile device insurance, and no annual fee options for most choices.
For students or anyone 24 and younger, certain cards come with an annual fee rebate. This makes these offers attractive to young Canadians and frequent shoppers alike.
How to Apply for a RBC Rewards Credit Card
Start by choosing the RBC rewards credit card that aligns with your lifestyle and reward preferences.
Prepare your personal and financial details to speed up the online application process. Check eligibility regarding age and Canadian residency.
Navigate to the secure RBC application platform and follow the prompts. The process takes only a few minutes.
Submit your completed application. You’ll receive a decision, often within a minute, making it hassle-free and straightforward.
If approved, you’ll be notified and your new card will be mailed to you promptly so you can start earning rewards right away.
Pros of RBC Rewards Credit Cards
The RBC rewards credit cards are well-suited for frequent shoppers who want to earn points across various spending categories such as groceries, dining, and gas.
Welcome bonuses, including up to 14,000 Avion points, add excellent upfront value. No annual fee options and student rebates make them accessible.
Additional benefits like mobile device insurance, purchase security, and extended warranty are valuable for everyday purchases and online shopping.
The flexibility in reward redemption—gift cards, travel, merchandise, or paying down your credit balance—is especially useful for diverse lifestyles.
Overall, these cards blend competitive rates with versatile benefits, making them compelling for many Canadian consumers.
Cons to Consider
The standard purchase and cash advance rates are relatively high compared to some low-interest competitors. Carrying a balance can become expensive over time.
Some of the best bonuses and point multipliers require higher annual fees or target specific merchants, limiting maximum value for some users.
Eligibility and approval for larger credit limits or premium cards may be challenging for those with limited credit history.
The rewards programs can be a bit complex to maximize; understanding the best way to redeem points may take some effort.
Points typically hold best value for specific redemption options, so always compare before redeeming for maximum benefit.
Final Verdict
RBC rewards credit cards are a compelling choice for Canadians seeking rewards on daily spending, especially those who can pay off balances in full each month.
No annual fee options, frequent bonus offers, and useful insurance perks make them recommendable. However, be mindful of the interest rates if you tend to carry a balance.
You’ll find the cards easy to apply for, with an approval process that’s quick and accessible. Verify all conditions and choose the offer that matches your lifestyle.
If maximizing rewards and perks matters to you, considering an RBC rewards credit card could pay off sooner than expected.
No matter which card you choose, ensure you use it responsibly for the most benefit and minimal fees.
