RBC Royal Bank
Experience up to 14,000 Avion points as a welcome bonus, $48 annual fee, $0 for additional cards, 20.99% purchase rate, and premium rewards on everyday spending.
The RBC ION+ Visa rewards card offers an attractive welcome bonus of 14,000 Avion points, equivalent to $100 in gift cards, making it highly competitive in the Canadian rewards market. Cardholders enjoy a competitive annual fee of $48, with zero fees for extra cards. The credit card features a purchase rate of 20.99% and a cash advance rate of 22.99%, fitting the standard for similar rewards cards.
How to Apply for the RBC ION+ Visa
- Review the eligibility and ensure you meet age and credit criteria
- Complete the online application on the RBC Royal Bank website
- Submit personal and financial details as prompted
- Wait for an automated decision—usually within a minute
- If approved, receive your new card in the mail
Key Advantages of the RBC ION+ Visa
The primary advantage is the lucrative welcome bonus of 14,000 Avion points, which is redeemable for multiple rewards, including gift cards, merchandise, and more.
Additionally, the card boasts accelerated earnings at 3x points per $1 on categories like groceries, gas, dining, food delivery, and streaming, maximizing everyday spend.
Drawbacks to Consider
The annual fee of $48 may be a deterrent for some, particularly if their spending habits don’t align with the boosted point categories.
Moreover, the high purchase and cash advance interest rates make carrying a balance costly compared to low-rate cards, so it is best suited for those who pay off their balances each month.
Our Verdict
The RBC ION+ Visa stands out as an excellent option for Canadians seeking robust rewards for daily purchases. The attractive welcome offer and accelerated earning potential outweigh the modest annual fee, provided you pay your balance in full each month. This card is ideal for frequent spenders on essentials and those looking to maximize their Avion Rewards.
