RBC Royal Bank
$0 annual fee, earn Avion points or cash back on everyday spending, 20.99% purchase rate, 22.99% cash advances. Get welcome points or cash back bonus.
The RBC no annual fee credit cards give Canadians a cost-effective way to build credit and earn rewards on everyday spending. With cards like the RBC ION Visa, RBC Cash Back Mastercard, and moi RBC Visa, there’s a choice for every budget and lifestyle. The standard purchase interest rate is 20.99%, and cash advance rate is 22.99%. Welcome offers might include up to 7,000 Avion points or bonus cash back. Limits depend on individual approval and credit assessment.
How to Apply for RBC No Annual Fee Credit Cards
Applying for an RBC no annual fee card is straightforward:
- Choose your preferred card (Avion points, cash back, or partner rewards)
- Visit RBC’s credit card application page
- Complete the online application with your personal info
- Submit required documentation
- Receive a decision quickly – often within a minute
Card Advantages
These cards are perfect for those who want to avoid annual costs but still earn rewards or cash back. You can earn points redeemable for gift cards, merchandise, and more. Additional perks include mobile device insurance, purchase security, and special partner savings at Petro-Canada, Rexall, and DoorDash.
They also work well for newcomers, students, or anyone wanting to establish a strong credit history without extra fees.
Card Drawbacks
Despite the no annual fee, interest rates for purchases and cash advances are average. Cardholders who carry a balance month to month may find costs add up due to the 20.99%–22.99% rates.
Some premium rewards and travel perks available on annual fee cards aren’t included in the no fee options.
Final Verdict
The RBC no annual fee credit cards present a strong value for everyday users seeking rewards without ongoing costs. While not ideal for big spenders wanting premium perks, they’re a smart pick for practical spending and flexible rewards.
