RBC Royal Bank
Earn up to 14,000 Avion welcome points with the RBC ION+ Visa. $48 annual fee, 20.99% interest rate, plus strong everyday rewards and insurance coverage.
The RBC ION+ Visa is a rewarding option for Canadians seeking value and flexibility. This card charges a $48 annual fee and brings a 20.99% purchase rate, with a 22.99% rate on cash advances. Upon approval, new cardholders score 14,000 Avion welcome points, which can be redeemed for $100 in gift cards. Notably, students or those 24 and under benefit from an annual fee rebate, making this card even more accessible for young adults.
How to Apply for RBC ION+ Visa
Applying for the RBC ION+ Visa is straightforward. Start by visiting the RBC website and locate the credit cards section. Select the ION+ Visa and hit the apply button. Complete the online application by submitting personal and financial details. You will typically receive a decision within minutes. If approved, your card will arrive by mail shortly after.
Key Advantages of the ION+ Visa
One major pro is the generous welcome bonus, serving as a quick boost to your rewards balance. Moreover, you’ll earn 3X Avion points on groceries, gas, dining, rideshares, streaming services, and more, perfect for maximizing everyday spend. Additional coverage, like mobile device insurance and purchase protection, brings added peace of mind for cardholders.
Drawbacks to Consider
The $48 annual fee may deter some shoppers, especially students not eligible for the rebate. Also, while the points system is robust, redemption value on some options might not be as competitive for high-volume travellers, especially compared to premium travel cards.
Final Verdict: Who Should Get the RBC ION+ Visa?
The RBC ION+ Visa is excellent for Canadians who spend frequently on essentials like groceries and gas, want easy-to-earn rewards, and appreciate practical benefits. The welcome bonus, robust everyday earning, and added insurance make this a strong pick—but it’s not totally fee-free. If you fall under the annual fee rebate, it’s even more attractive. Overall, it’s a versatile and competitive rewards card for most Canadian consumers.
