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What RBC credit card is best for a first-timer?
If you’re not a student and just a regular credit cardholder who has never applied for a RBC credit card, why not go for the best overall credit card they offer? With the RBC ION+ Visa Card, you get 12,000 Avion points upon approval — satisfying no other conditions for Canada’s highest value rewards program for flights. You’ll also earn 3 points per dollar on groceries, dining, fuel, rideshares, electric vehicle charging, streaming services, digital gaming and subscriptions. Plus, you’ll earn 1 point per dollar on all other purchases. The kicker is Forbes Advisor estimates a huge rewards value of $596.41 in annual earnings, based on average Canadian spending, with the $119 annual fee factored in. Meanwhile, the $48 annual fee is rebated down to $4 per month in the first year if you have RBC Advantage Banking for Students or RBC Signature No Limit Banking accounts. In subsequent years, it’s not like $48 annually is that expensive as far as annual fees go, since they can typically climb to $120 and beyond.
Is RBC Avion worth It?
RBC Avion is worth it because it offers no travel restrictions or blackout dates and point value is pretty straightforward. Instead of fractions of a cent, like other frequent flyer programs, one Avion Rewards point is worth more than most other loyalty program points when redeeming for flights at $0.02 to $0.0233 cents. This is if redeeming through the RBC Avion redemption schedule and $0.01 when redeeming through the RBC Travel Portal. For things like merchandise and gift cards, each point maintains its $0.01 value across the board.
What's the best RBC credit card for travel?
The WestJet RBC World Elite Mastercard is Forbes Advisor‘s best RBC credit card for travel. The card gives you a rewards value of $311.69 in annual earnings based on average Canadian spending with the $119 annual fee factored in. It also gives you 5% back in WestJet Dollars on everyday purchases, an annual companion voucher for anywhere WestJet flies, 2% in WestJet Dollars on WestJet flights and vacations, access to 1,300 airport lounges worldwide, a free first checked bag and a selection of travel insurance.
What is the credit limit for RBC Avion Visa Platinum?
The RBC Avion Visa Platinum Card carries a $50,000 credit limit. This limit is subject to change based on eligibility requirements.
What credit score do you need for an RBC Visa?
Credit score requirements vary for each RBC credit card. Most credit bureaus in Canada consider 650 to be the minimum score to be approved for a credit card.
Is the RBC Avion Platinum Card worth it?
The RBC Avion Platinum Card offers flexible travel rewards that can be converted to points for other loyalty programs. An RBC cash back card may be a better option for those who don’t travel frequently.
What’s the best RBC credit card for flexible rewards?
The RBC Avion Visa Platinum is the best RBC credit card for flexible travel awards as you can choose from any airline or transfer points to another loyalty program.
Are there any RBC business credit cards?
Yes. RBC offers the following business credit cards: Avion Visa Infinite Business, Avion Visa Business, Business Cash Back Mastercard, Visa Business Card, and Visa CreditLine for Small Business.
What is the highest credit limit with RBC?
The highest credit limit available on a card is based on the cardholder’s credit score and history. The RBC Platinum Visa is a high credit limit card, offering a credit limit up to $50,000.
Is RBC good for a credit card?
Whether a card is “good” depends on your own needs and preferences, but RBC cards offer affordable annual fees, including no-fee options, and decent insurance as perk. RBC travel cards have great travel benefits and flexible rewards programs. On the whole, Forbes Advisor Canada considers RBC a solid middle-of-the-road credit card issuer.