RBC offers the full array of personal and business banking services, including savings and checking accounts, credit cards, loans and mortgages, and investment products. The bank features a selection of business, student, no annual fee, cashback, and rewards credit cards for customers to make secure payments and take advantage of exclusive rewards. You can use your card to cover unexpected expenses, pay bills, shop in-store or online, pay car rentals, and make hotel reservations. Top picks worth checking are their RBC Avion Visa Infinite, Cash Back Preferred World Elite Mastercard, Visa Classic Low Rate Option, and RBC RateAdvantage Visa.
RBC Avion Visa Infinite
A travel card that earns points on everyday and travel purchases, Avion Visa Infinite comes with 35,000 welcome points or the equivalent of up to $750. You earn 1 point per $1 in purchases and additional 25 percent on travel. There are no restrictions or blackouts. Points can be exchanged for financial vouchers, gift cards, merchandise, tech products at Best Buy, and Apple products. Added benefits are fuel savings at Petro-Canada, trip interruption and cancellation insurance, and mobile device insurance.
- Interest rate: 19.99 percent
- Cash advance rate: 22.99 percent
- Annual fee: $120
Cash Back Preferred World Elite MasterCard
Featuring cashback and premium benefits, this credit card offers access to the full suite of MasterCard subscription services and on-demand apps, including premium access to hotspots worldwide and exclusive airport lounges. The card earns 1.5 percent cash back on purchases, with rewards accumulating automatically. Additional features for you to enjoy are travel rewards, car rental insurance, credit card lock, and fuel discounts at Petro-Canada. You can also add optional extras such as travel insurance, identity protection, and RBC Road Assist.
Visa Classic Low Rate Option
With this Visa by RBC, customers benefit from a low annual fee and low interest on both cash advances and purchases. This card is also a good choice if you use cash advances and often carry a balance. As it comes with a low rate on balance transfers, cash advances, and purchases, it can help you save hundreds in interest charges. Added benefits include zero liability protection, fuel discounts, Be Well points at Rexall, and a lot more.
- Interest rate: 12.99 percent
- Annual fee: $20
- Fee for additional cards: none
- Interest-free period: at least 21 days
RBC RateAdvantage Visa
This card also features no annual fee and a low variable interest rate which is based on your credit score. If you tend to carry a balance, whether cash advances or interest, it will help you to save on interest. You can also get all the optional extras that come with RBC’s credit cards like travel insurance and balance protection insurance to help you in case of:
- Loss of self-employment income
- Involuntary unemployment
- Total disability
- Accidental dismemberment
- Critical illness
- Loss of life
As a cardholder, you can also get optional travel insurance, including emergency medical and trip interruption and cancellation coverage. Identity theft protection is also offered, with added benefits such as ID restoration assistance, immediate alerts, online monitoring, and historical alert scan.
To qualify, you must be a temporary or permanent resident of Canada and of the age of majority. Applicants with a credit score of 650 or higher are likely to get approved.
- Interest rate: Prime + 4.99% – 8.99%
- Cash advance rate: Prime + 4.99% – 8.99%
- Annual fee: $0
- Grace period: at least 21 days
Signature RBC Rewards Visa
RBC customers who choose this card benefit from a low annual fee, attractive rewards, and a comprehensive insurance package. Not only this but as a cardholder you get 7,000 complimentary points and 1 point for every dollar spent on purchases. You also get the chance to earn bonus points when shopping at participating retailers and can use the points to pay for shipping costs. There is a good selection of brands and merchandise to choose from as well as other ways to redeem points, including:
- Apple accessories, mobile devices, and computers
- Kitchen appliances
- Pay down loans
- Investment products
- Donate to charity
- Pay utilities, TV, Internet, and other bills
In addition to a choice of rewards, RBC offers a comprehensive suite of insurance options, including purchase security, auto rental collision, and travel accident insurance.
- Interest rate: 19.99 percent
- Cash advances: 22.99 percent
- Annual fee: $39
RBC also offers business credit cards with a number of beneficial features such as rewards and welcome points, the full suite of insurance products, cash back, and a low annual fee. Business cardholders can exchange points for gift cards, merchandise, and travel and enjoy comprehensive insurance coverage. They are offered emergency purchase, travel accident, lost or stolen baggage, and mobile device insurance. Added benefits are exclusive dining experiences, personal assistance, gas savings, and credit card controls.