Best RBC Credit Cards in Canada

In this article, we’ll delve deep into the world of RBC credit cards. We’ll unpack the different categories, provide an in-depth review of each card, and help you align the best one with your unique financial circumstances and lifestyle.

This isn’t just about comparing interest rates and rewards programs – it’s about discovering a financial tool that’s custom-made for you.

10 of the best RBC credit cards

RBC ION+ Visa Credit Card

Annual Fee$48
Interest Rate20.99% / 22.99%
Rewards Rate1x-3x Points
Intro OfferUp to 7,000 Points
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The RBC ION+ Visa Credit Card is one of RBC’s newest offerings and stands out as a low-fee rewards card with attractive earning rates on daily spending. This card features a low annual fee of $48, billed at $4 monthly. It has interest rates of 20.99% on purchases and 22.99% on cash advances.

The card offers a rewarding points system. Cardholders can earn 3X Avion points for every $1 spent on groceries, dining & food delivery, as well as rides, gas, and EV charging. This caters to a wide variety of common spending categories, which also includes digital gaming. For all other qualifying purchases, cardholders can earn 1 Avion point for every $1 spent.

As an introductory offer, the RBC ION+ Visa Credit Card provides 3,500 Welcome Points on approval and an additional 3,500 bonus points when you spend $500 in your first three months. This offer applies to those who apply by May 29, 2023.

Apart from earning points, the card also comes with several other benefits. Cardholders can redeem their Avion points to pay bills, their credit card balance, or even send money to friends with Interac e-Transfer. The minimum redemption is only $10, allowing for flexibility in using the points where they are needed the most.

The card provides additional benefits at Petro-Canada and Rexall. At Petro-Canada, cardholders can save 3¢/L on fuel and earn 20% more points when they pay with a linked RBC card. At Rexall, cardholders can earn 50 Be Well points for every $1 spent on eligible purchases when they pay with their linked RBC card and scan their Be Well card.

Further enhancing its value, the card offers a 3-month complimentary DashPass subscription from DoorDash, providing unlimited deliveries with $0 delivery fees on qualifying orders of $15 or more when paid with the eligible RBC credit card.

One notable feature of the RBC ION+ Visa Credit Card is the monthly fee rebate. Cardholders can get a $4 rebate each month ($48/year) on the monthly fee of their credit card if they have an RBC Signature No Limit Banking or RBC Advantage Banking for students account.

The card also includes mobile device insurance, offering 2 years of coverage up to $1,000 in the event your mobile device is lost, stolen, accidentally damaged, or experiences mechanical failure when you purchase your mobile device with this credit card. However, it’s worth noting that the insurance offerings of this card are relatively limited.

Lastly, the card comes with Purchase Security and Extended Warranty Insurance. This automatically protects eligible card purchases against loss, theft, or damage within 90 days of purchase, and doubles the manufacturer’s original Canadian warranty by up to one additional year, to a maximum of five years​.

  • Annual fee: $48 (charged at $4 monthly).
  • Interest rates: 20.99% on purchases, 22.99% on cash advances.
  • Rewards rate: Earn 3X Avion points on groceries, dining & food delivery, rides, gas, and EV charging, and 1 Avion point on all other qualifying purchases.
  • Introductory offer: 3,500 Welcome Points on approval and 3,500 bonus points when you spend $500 in your first three months (must apply by May 29, 2023).
  • Points can be redeemed to pay bills, credit card balance, or to send money to friends with Interac e-Transfer (minimum redemption is $10).
  • Savings at Petro-Canada: Save 3¢/L on fuel and earn 20% more points when paying with a linked RBC card.
  • Earn more Be Well points at Rexall: Earn 50 Be Well points for every $1 spent on eligible purchases when paying with a linked RBC card and scanning the Be Well card.
  • DoorDash offer: Get a 3-month complimentary DashPass subscription, offering unlimited deliveries with $0 delivery fees on qualifying orders of $15 or more.
  • Monthly fee rebate: $4 rebate each month on the credit card’s monthly fee for holders of an RBC Signature No Limit Banking or RBC Advantage Banking for students account.
  • Mobile device insurance: 2 years of coverage up to $1,000 for loss, theft, accidental damage, or mechanical failure of mobile devices purchased with this card.
  • Purchase Security and Extended Warranty Insurance: Protects eligible card purchases against loss, theft, or damage within 90 days of purchase and extends the manufacturer’s original Canadian warranty by up to one additional year, to a maximum of five years

WestJet RBC World Elite Mastercard

Annual Fee$119
Interest Rate19.99% / 22.99%
Rewards Rate1.5%-2%
Intro OfferUp to $450
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Why we like it

The WestJet RBC World Elite Mastercard offers a significant number of travel-related benefits that make it a great choice for frequent travelers, particularly those who regularly fly with WestJet.

The card provides a generous welcome bonus of $250 WestJet Dollars after your first purchase and a further $200 when you spend $5,000 in the first three months.

Additionally, it offers a 2% earn rate on WestJet flights or WestJet Vacations packages, and 1.5% back on all other purchases.

The card also includes an annual companion voucher, which allows a secondary passenger to pay a base fare starting at CA $119 when traveling with the primary cardholder. Other benefits include free checked bags and free Boingo Wi-Fi on WestJet flights.

Pros

  • Good welcome bonus of up to $450 WestJet Dollars.
  • 2% earn rate on WestJet flights and vacation packages, 1.5% back on all other purchases.
  • Annual companion voucher starting at $119 CAD, potentially worth a few hundred dollars in savings.
  • First checked bag free for the primary cardholder and any additional guests on the same itinerary (up to 8 bags total).
  • Free Boingo Wi-Fi on WestJet flights.
  • Access to Mastercard Airport Experiences provided by LoungeKey (though without free passes).
  • Comes with travel insurance, purchase security, and extended warranty insurance.

Cons

  • Requires a personal income of $80,000 or a household income of $150,000 to qualify.
  • The companion voucher only applies to the base fare, and additional transportation charges may apply.
  • WestJet Dollars can only be used for WestJet flights and vacation packages.
  • Travel insurance does not cover trip cancellation or lost/delayed baggage.
  • Purchase security and extended warranty coverage is limited to 90 days and one additional year, respectively.
  • Annual fee: The card has an annual fee of $119 CAD.
  • Interest rates: The purchase rate is 19.99% and the cash advance rate is 22.99%.
  • Income Requirement: The minimum personal income requirement is $80,000 or $150,000 for a household.
  • Companion Voucher: Cardholders receive a limited-offer companion ticket with a $0 base fare valid for flights within Canada or to/from the continental U.S. (including Hawaii) and Mexico. The voucher is added 30 days after your card renewal date each year and is valid for one year from the date of issuance.
  • Lounge Access: The card includes RBC lounge access vouchers that can be used by the cardholder and their accompanied guests, valid in available airport lounges in Canada, Europe, and the Caribbean. World Elite cardholders can take 1 guest per visit into the airport lounges. The Mastercard Travel Pass Program provided by DragonPass also provides access to over 1,300+ airport lounges worldwide, plus valuable airport dining and spa offers.
  • Status Lift: The card offers a feature called Status Lift, which brings cardholders closer to achieving status with WestJet, granting more benefits such as additional lounge passes, priority boarding, advance seat selection, and a higher WestJet dollar earn rate.
  • Additional Benefits: Cardholders get a 12-month complimentary DashPass subscription – a value of almost $120. There are also savings on fuel with a discount of 3¢/L and a 20% increase in Petro Points. For shopping at Rexall, earn 50 Be Well points for every $1 spent on eligible purchases.
  • Insurance Coverage: The card provides various insurance coverages including Flight Delay Insurance, Emergency Purchases Insurance, Rental Vehicle Insurance, Purchase Security Insurance, Extended Warranty Insurance, Personal Property Insurance, Travel Accident Insurance, Trip Interruption Insurance, and Out of Province/Country Emergency Medical Insurance. The specifics of each coverage, such as maximum reimbursement and coverage period, are available in the card’s details.

RBC British Airways Visa Infinite

Annual Fee$165
Interest Rate20.50% / 22.99%
Rewards Rate1x-2x Miles
Intro OfferUp to 60,000 Miles
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The RBC British Airways Visa Infinite is an exceptional travel rewards card, especially for those who frequently fly with British Airways or its partner airlines. With its rewarding earning structure and additional perks, it truly stands out among other airline credit cards.

Pros

  • Earn 1 Avios for every $1 spent on all purchases, and double Avios for every $1 spent on British Airways purchases, making it a high-earning card for everyday spending and travel expenses alike.
  • The Companion Award eVoucher you receive upon spending $9,000 CAD in a year can offer significant value, allowing you to bring a companion on your British Airways flight for a reduced Avios cost.
  • The welcome bonus of up to 50,000 Avios in the first year can provide a strong head start for your Avios balance, potentially covering one or more reward flights.
  • With flexible Avios redemption options, you can book flights to any destination, with any available seat on British Airways and other partner airlines.

Cons

  • The annual fee might be a bit steep for some, especially for those who don’t fly frequently with British Airways or its partner airlines.
  • Although the card comes with a range of travel insurance coverages, it may not provide as comprehensive coverage as some other premium travel credit cards.
  • The RBC British Airways Visa Infinite card allows you to earn Avios for every dollar spent: 1 Avios for $1 spent on purchases, and double Avios for every $1 spent on British Airways purchases.
  • When you spend $9,000 CAD in a year, you will receive a Companion Award eVoucher.
  • You can redeem Avios for flights to any destination, with any available seat on British Airways and other partner airlines.
  • It also comes with a welcome bonus of up to 50,000 Avios in the first year: 15,000 Avios as a welcome bonus, 25,000 Avios when you spend $5,000 CAD in the first two months, and another 10,000 Avios when you renew your card after the first year.
  • The card includes travel insurance coverage such as travel accident insurance, flight delay insurance, hotel burglary insurance, and auto rental collision/loss damage insurance.
  • It also provides purchase security and extended warranty insurance for most personal items purchased with your card.

RBC RateAdvantage Visa Credit Card

Annual Fee$0
Interest Rate4.99% / 8.99%
Rewards RateN/A
Intro OfferN/A
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The RBC RateAdvantage Visa Credit Card is a no-frills, no-annual-fee card that shines with its potentially low-interest rate.

Pros

  • The variable interest rate—determined by the prime rate plus 4.99% to 8.99%—can be beneficial for cardholders with an excellent credit score.
  • The absence of an annual fee can result in significant cost savings over time.

Cons

  • While the low-interest rate can be a boon, the card does not offer rewards or cash back, making it less enticing for those looking for perks or benefits from their credit card.
  • This card might be best suited for individuals focused on minimizing interest costs rather than earning rewards or benefits.
  • The RBC RateAdvantage Visa Credit Card offers a variable interest rate, which is determined by adding between 4.99% and 8.99% to the current prime rate.
  • The card does not have an annual fee, which can be a significant cost-saving benefit for cardholders.
  • The card’s variable interest rate depends on the cardholder’s credit score, thus potentially offering a lower rate to those with excellent credit.
  • It is important to note that this card does not offer rewards or cash back. Therefore, it may be most suitable for individuals who are looking to save on interest costs rather than earn rewards.

RBC Avion Visa Infinite Business

Annual Fee$175
Interest Rate19.99% / 22.99%
Rewards Rate1x-1.25x Points
Intro OfferUp to 25,000 Points
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The RBC Avion Visa Infinite Business card is a versatile credit card designed to cater to the diverse needs of business owners. With its generous rewards rate of 1.25 RBC Rewards points for every $1 spent, you can quickly accumulate points, especially with the bonus of 25,000 welcome points upon enrollment.

These points can be redeemed for a variety of rewards including travel, merchandise, gift cards, or even paying down your credit card balance.

This card also offers access to premium travel benefits like airport lounges worldwide, airport dining and spa offers, and a suite of comprehensive insurance coverages, which brings peace of mind to the business traveler.

The insurance coverages include mobile device insurance, travel accident insurance, and even auto rental collision/loss damage insurance, to name a few.

The powerful expense management tools and employee card controls allow for efficient tracking and management of business expenses.

Plus, the card offers the ability to pool RBC Rewards points across all employee cards into one account, a feature that can accelerate your rewards earning potential.

Lastly, the card offers access to The Avion Collection of exclusive experiences and the opportunity to save on business expenses with RBC Offers.

Added perks like instant gas savings at Petro-Canada, discounts on car rentals at Hertz, and $0 delivery fees for 12 months from DoorDash add value beyond just the business context.

Pros

  • Earn 1.25 RBC Rewards points for every $1 spent on net purchases with your card, up to $75,000 per year
  • 25,000 welcome points upon enrollment
  • Access to premium travel benefits and comprehensive insurance coverages
  • Powerful expense management tools and employee card controls
  • Ability to pool RBC Rewards points across all employee cards into one account
  • Access to exclusive experiences through The Avion Collection
  • Cash savings or bonus RBC Rewards points through RBC Offers
  • Additional savings and perks at Petro-Canada, Hertz, and DoorDash

Cons

  • The annual fee of $175 may be steep for some businesses
  • Additional card fee of $75
  • The card’s rewards rate drops after the first $75,000 in net purchases each year
  • The card’s purchase and cash advance rates are relatively high at 19.99% and 22.99%, respectively
  • The comprehensive insurance coverages are subject to certain terms and conditions
  • Some of the benefits, such as the airport lounges access and the Avion Collection, may not be relevant or useful for all business owners
  • Annual Fee: $175
  • Additional Card Fee: $75 (max. of 9 additional cards)
  • Purchase Rate: 19.99%
  • Cash Advance Rate: 22.99%
  • Earn 1.25 RBC Rewards points for every $1 spent in net purchases with your card, on up to $75,000 per year
  • 25,000 welcome points upon enrollment
  • Points can be redeemed for travel, merchandise, gift cards, or to pay down your credit card balance
  • Access to premium travel benefits like 1,300+ airport lounges worldwide, plus airport dining and spa offers provided via Visa Airport Companion
  • Comprehensive insurance coverages including Mobile Device Insurance (2 years of coverage up to $2,000), Lost or Stolen Baggage Insurance (up to $1,000), Travel Accident Insurance (up to $500,000 CAD), Emergency Purchases Insurance (up to $500), Auto Rental Collision/Loss Damage, Trip Cancellation and Trip Interruption Insurance, Flight Delay Insurance (up to $250 per day or $500 per trip), Hotel/Motel Burglary Insurance (up to $2,500), Purchase Security, and Extended Warranty.
  • Access to powerful expense management tools and employee card controls.
  • Ability to combine the RBC Rewards points earned on all your employees’ Avion Visa Infinite Business cards into one account, and pool your points between your business and personal Avion cards.
  • Access to exclusive experiences and access via The Avion Collection.
  • Cash savings or bonus RBC Rewards points on business spend with RBC Offers.
  • Instant Gas Savings at Petro-Canada, Save on Car rentals at Hertz, and get $0 delivery fees for 12 months from DoorDash.

RBC Visa Classic Low Rate Option

Annual Fee$20
Interest Rate12.99%
Rewards RateN/A
Intro OfferN/A
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The RBC Visa Classic Low Rate Option card is a solid choice for those who prioritize low costs over earning rewards. With a very low annual fee of just $20 and no fee for additional cards, it’s an affordable choice for budget-conscious consumers. One of the standout features of this card is its low interest rate of 12.99% on both purchases and cash advances, which is significantly lower than the rates offered by many other credit cards. This can make a significant difference for cardholders who occasionally carry a balance from month to month.

Another noteworthy benefit is the option to link the card to a Petro-Canada account, allowing cardholders to save 3 cents per litre on fuel and earn 20% more Petro-Points. Additional features like balance protector insurance, identity protection, and optional roadside assistance add value and peace of mind.

Pros:

  • Low annual fee of $20
  • No fee for additional cards
  • Low interest rate of 12.99% on purchases and cash advances
  • Universal acceptance at merchants worldwide
  • Linkage with Petro-Canada for fuel savings and bonus Petro-Points
  • Balance protector insurance and identity protection included

Cons:

  • No rewards program, limiting the card’s value for those who spend heavily and pay their balance in full each month
  • Interest rate, while low, has increased in the past, indicating potential for future increases
  • Optional travel insurance is not included and must be purchased separately​
  • Low annual fee of $20: This relatively low fee makes the card accessible for many users and is considered extremely low in the credit card industry.
  • No annual fee for additional cards: This allows you to add supplementary cards to your account without any extra cost.
  • Low interest rate of 12.99% on purchases: This lower-than-average rate makes the card a more affordable option for cardholders who carry a balance from month to month.
  • Low interest rate of 12.99% on cash advances: This is also a lower-than-average rate, making cash advances less costly than they would be with many other cards.
  • No rewards program: This card does not offer any rewards regardless of how much you use it. This could be a downside if you are looking to earn points or cash back on your purchases.
  • Accepted universally at merchants all over the world: This Visa card is accepted at a wide range of merchants globally, providing flexibility and convenience for international travel or online shopping.
  • Link to Petro-Canada for 3 cents per litre savings on fuel and earn 20% more Petro-Points: This benefit provides an opportunity for cardholders to save on fuel costs and earn more Petro-Points.
  • Balance protector insurance: This feature can provide coverage to help pay off your outstanding credit card balance in case of certain unexpected life events.
  • Identity protection: This service helps protect against identity theft, a useful feature in today’s digital world.
  • Roadside assistance: This can provide help in case of a roadside emergency, such as a flat tire or dead battery.
  • Optional travel insurance: This coverage can be added for an additional cost to provide protection when you travel, including coverage for trip cancellation, medical emergencies, and more

RBC Business Cash Back Mastercard

Annual Fee$0
Interest Rate19.99% / 22.99%
Rewards Rate1x-2x Points
Intro OfferN/A
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The RBC Business Cash Back Mastercard offers straightforward value for business owners.

The key selling point of this card is its simplicity: it offers a flat 1% cash back on all business purchases, making it easy to earn rewards without having to navigate complicated points systems or category restrictions.

With no annual fee, even for additional cards, businesses can equip their employees with cards at no extra cost.

The card also offers some valuable insurance coverages, including Auto Rental Collision/Loss Damage Insurance and Purchase Security and Extended Warranty, providing an added layer of protection for business purchases.

Additionally, cardholders can enjoy exclusive offers such as Instant Fuel Savings at Petro-Canada and savings on car rentals, adding more value to the card.

Pros:

  • No annual fee for the primary card and additional cards.
  • Flat 1% cash back on all business purchases, making it simple to earn rewards.
  • Valuable insurance coverages, including Auto Rental Collision/Loss Damage Insurance and Purchase Security and Extended Warranty.
  • Exclusive offers, including Instant Fuel Savings at Petro-Canada and savings on car rentals.

Cons:

  • The 1% cash back rate, while simple, might not be as competitive as some other business cards that offer higher rewards rates on certain spending categories.
  • The Purchase Security and Extended Warranty features, while valuable, have some limitations and restrictions.
  • The purchase and cash advance rates are relatively high, which could be a concern for businesses that carry a balance.
  • No annual fee for the primary card and additional cards.
  • Purchase rate is 19.99%.
  • Cash advance rate is 22.99%.
  • Earn 1% cash back on all your business purchases.
  • Access to valuable insurance coverage such as:
    • Auto Rental Collision/Loss Damage Insurance: This coverage protects you in case of damage to a rental vehicle. The entire rental cost must be charged to the card and all drivers must be covered by personal automobile insurance.
    • Purchase Security and Extended Warranty: Protects eligible business purchases charged to the card against theft, loss, or damage for a certain period after purchase.
  • Offers exclusive to cardholders, including Instant Fuel Savings at Petro-Canada, savings on car rentals, and more.

RBC Cathay Pacific Visa Platinum

Annual Fee$120
Interest Rate20.50% / 22.99%
Rewards Rate1x-2.5x Points
Intro OfferUp to 15,000 Points
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The RBC Cathay Pacific Visa Platinum card is a compelling choice for frequent flyers and those loyal to Cathay Pacific.

The card offers a substantial welcome offer of 15,000 Asia Miles upon approval, which can significantly offset travel costs. It provides 1 Asia Mile for every $1 CAD spent on purchases and doubles this rate for Cathay Pacific purchases, making it a good choice for those frequently flying with Cathay Pacific.

It also comes with benefits tailored to enhance the travel experience, such as access to the Cathay Pacific VIP Lounge and complimentary Green Tier Membership in the Marco Polo Club for the first year.

The card also offers purchase security and extended warranty protection, adding an extra layer of security for cardholders.

Pros:

  • Generous welcome offer of 15,000 Asia Miles
  • Rewarding earn rates, especially on Cathay Pacific purchases and eligible dining
  • Access to Cathay Pacific VIP Lounge Pass and a complimentary Green Tier Membership in the Marco Polo Club for the first year
  • Travel insurance coverage
  • Purchase security and extended warranty protection

Cons:

  • Annual fee of $120 and an additional card fee of $50
  • High interest rate on purchases and cash advances
  • This card might not be the best choice for those who don’t frequently fly with Cathay Pacific or spend on dining
  • Annual Fee: $120
  • Additional Card: $50 (max. of 3 additional cards)
  • Purchase Rate: 19.99%
  • Cash Advance Rate: 22.99%
  • Earn 1 Asia Mile for every $1 CAD in purchases
  • Welcome Offer: 15,000 Asia Miles upon approval
  • Earn 2 Asia Miles for every $1 CAD spent on eligible Cathay Pacific purchases
  • Earn 1.25 Asia Miles for every $1 CAD spent on eligible dining in Canada and purchases outside of Canada
  • Access to Cathay Pacific VIP Lounge Pass
  • Complimentary Green Tier Membership in the Marco Polo Club for the first year
  • Travel insurance coverage
  • Purchase security and extended warranty protection

RBC Avion Visa Platinum

Annual Fee$120
Interest Rate20.99% / 22.99%
Rewards Rate1x Points
Intro OfferUp to 35,000 Points
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The RBC Avion Visa Platinum card shines in the versatility it offers to cardholders.

Its moderate annual fee is balanced by a robust rewards program that lets users earn points for every dollar spent, providing an incentive for everyday use.

The real highlight is the flexibility in redeeming these points – be it for travel, merchandise, gift cards, or even to offset the credit card balance, offering a bunch of options to suit different cardholder needs.

The comprehensive insurance coverage further boosts its appeal, providing a sense of security to users. The ability to pool points across Avion cards can expedite the rewards accumulation, benefiting those who hold multiple Avion cards.

Pros:

  • Earn RBC Rewards points for every dollar spent, encouraging regular usage.
  • High flexibility in rewards redemption, catering to varied user preferences.
  • Comprehensive insurance coverage, offering peace of mind to cardholders.
  • Ability to combine and pool points across personal Avion cards, accelerating rewards accumulation.

Cons:

  • The annual fee of $120, which might not be appealing to those seeking a no-fee card.
  • The Purchase Rate of 20.50% and Cash Advance Rate of 22.99% could be high for some users, especially those who carry a balance.
  • Maximum of three additional cards may limit larger households or businesses wanting more cards.
  • The specific rewards earning rate and benefits were not fully captured due to a technical issue.
  • Annual Fee: $120
  • Additional Card: $50 (max. of 3 additional cards)
  • Purchase Rate: 20.50%
  • Cash Advance Rate: 22.99%
  • Earn RBC Rewards points for every $1 spent in net purchases with your card
  • Flexibility to redeem your points for travel, merchandise, gift cards, or to pay down your credit card balance
  • Access to a suite of comprehensive insurance coverages
  • Ability to combine the RBC Rewards points earned on all your Avion Visa Platinum cards into one account, and pool your points between your personal Avion cards

How RBC Credit Cards Work

RBC credit cards function like any other credit card, allowing cardholders to make purchases now and pay for them later. Each card comes with a credit limit, which is the maximum amount you can charge to the card. Cardholders are required to make at least the minimum payment by the due date each month to maintain their account in good standing. Interest is applied to any balance not paid in full by the payment due date.

RBC credit cards come with a variety of benefits and features depending on the card type, such as cash back, rewards points, travel perks, and various forms of insurance coverage. Many RBC cards also offer unique benefits like instant fuel savings at Petro-Canada and special offers on car rentals.

General Types of RBC Credit Cards

RBC offers a wide range of credit cards to meet various financial needs and spending habits. These include:

  1. Rewards Cards: Cards like the RBC Avion Visa Infinite Business and RBC Avion Visa Platinum offer rewards points for every dollar spent, which can be redeemed for travel, merchandise, gift cards, and more.
  2. Cash Back Cards: Cards such as the RBC Business Cash Back Mastercard offer cash back on purchases, providing tangible savings.
  3. Travel Cards: RBC offers co-branded cards with travel partners like Cathay Pacific, which provide travel benefits and rewards.
  4. Low Interest Cards: Cards like the RBC Visa Classic Low Rate Option provide a lower interest rate on purchases, making them a good choice for those who carry a balance.

Common Features of RBC Credit Cards

RBC credit cards share a number of common features:

  • RBC Rewards: Many RBC cards offer RBC Rewards points on purchases. The rate at which you earn points varies depending on the card, and points can be redeemed for a variety of rewards.
  • Insurance Coverage: RBC credit cards typically come with various forms of insurance coverage, such as travel insurance, purchase protection, and extended warranty.
  • Additional Cards: RBC allows cardholders to add additional users to their account, making it easier to manage family spending.
  • Security: RBC offers security features like fraud detection, emergency card replacement, and zero liability for unauthorized transactions.

How to Choose the Best RBC Credit Card for You

Choosing the best RBC credit card for you depends on your specific needs, spending habits, and financial goals. Here are some factors to consider:

  • Spending Habits: If you spend heavily in certain categories like gas or groceries, look for a card that offers bonus rewards in those categories.
  • Interest Rates: If you tend to carry a balance, a card with a lower interest rate may be a better choice.
  • Annual Fees: Consider whether the benefits of the card justify the annual fee. Some cards waive the fee for the first year as a promotional offer.
  • Rewards: If you frequently travel or enjoy earning rewards, consider a card that offers generous points or cash back.

Who Should Consider an RBC Credit Card?

Anyone looking for a credit card that offers a blend of rewards, insurance coverage, and other perks should consider an RBC credit card. RBC offers cards to suit a variety of needs, from business owners to frequent travelers to those seeking a low interest rate. Additionally, RBC customers may find it convenient to have a credit card from their existing bank.

How to Get an RBC Credit Card

You can apply for an RBC credit card online, over the phone, or in person at an RBC branch. You’ll need to provide personal information such as your employment details, income, and Social Insurance Number. Approval will depend on factors such as your credit history and income

What’s the Best RBC Credit Card?

Choosing the best RBC credit card largely depends on your personal needs and spending habits. However, two standout options are the RBC ION+ Visa Credit Card and the RBC Avion Visa Platinum.

The RBC ION+ Visa Credit Card is an excellent option for those looking for a blend of rewards and practical benefits. This card offers 1.5% unlimited cash back on eligible purchases, 2% unlimited cash back on grocery store purchases, and a host of additional benefits like mobile device and purchase security insurance, extended warranty, and fraud protection.

The RBC Avion Visa Platinum is a popular choice for travel enthusiasts. With this card, you can earn 1 RBC Rewards point for every dollar spent on purchases, and these points can be redeemed for travel, merchandise, gift cards, and more. The card also offers a comprehensive suite of travel insurance, including emergency medical and trip cancellation/interruption insurance, along with unique benefits like access to exclusive experiences through The Avion Collection.

Ultimately, the best RBC credit card for you will depend on your individual financial needs, spending habits, and reward preferences.

About The Author

Jack Prenter is the founder of DollarWise. With an extensive professional background in private equity and insurance, he's the Head of Partnerships at Nexus Mutual and previously led their investment committee. He studied Economics at the University of Nottingham. Jack is now based in Toronto, Ontario.