RBC Royal Bank
No annual fee on select RBC credit cards. Earn Avion points, cash back, or rewards with rates from 20.99% purchase and many partner perks.
Looking for a rewarding credit card with no annual fee? The RBC lineup of no annual fee credit cards is worth your attention. With cards like the RBC ION Visa, RBC Cash Back Mastercard, and moi RBC Visa, you can earn points, cash back or valuable rewards without paying an annual fee.
The typical purchase rate for these cards is around 20.99% and cash advances are 22.99%. Special offers may include welcome points, like up to 11,000 Avion points or bonus rewards when you meet introductory spend requirements. Additional perks may include insurance coverage, partner discounts, and flexible redemption options.
How to Apply: Step-by-Step
- Find your preferred no annual fee credit card from RBC
- Click the application button on the provider’s site
- Fill in personal, employment, and financial details
- Review your application for accuracy
- Submit and receive a decision—often within minutes
Pros
One of the top advantages of these RBC cards is that you pay $0 annual fee while still having access to rewards like Avion points or unlimited cash back. For everyday spenders, that means you can collect perks on groceries, gas and dining without worrying about yearly fees eating into your rewards.
Extras like purchase security or extended warranty coverage offer peace of mind, and linkable partner offers (like fuel savings at Petro-Canada or bonus rewards on groceries) increase the value of your everyday purchases.
Cons
Despite no annual fee, interest rates are moderate, so carrying a balance would cost you. Also, while the rewards are good, the accelerated earn rates may be capped or only apply to select categories.
For those seeking premium travel perks like lounge access or robust insurance, these cards may fall short. The focus here is on basic rewards and convenience.
Verdict
RBC no annual fee credit cards are a great fit for cardholders wanting simple rewards, flexible redemptions, and no annual commitment. They’re ideal for those who use credit wisely and want to maximize value from every dollar spent—without getting weighed down by extra fees.
