best rbc credit cards

Best RBC Credit Cards in Canada in 2018

Last updated on September 2, 2018 Views: 547 Comments: 0
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The Royal Bank of Canada is Canada’s largest bank, and it has a significant presence in the global financial industry as well. With headquarters in both Montreal and Toronto, RBC spans the whole of Canada and serves over 16 million clients who appreciate the bank’s friendly customer service and plethora of value-added financial products like credit cards, chequing accounts and investment banking services.

In terms of credit cards, RBC provides a range of options that allow Canadians to get cash back on their purchases, earn rewards, protect themselves and their property, avoid interest, and much more. We’ve sifted through them all and determined which are the very best in each category.

Best RBC Credit Cards Canada 2018

RBC Card
Special Feature
Annual Fee
Read Review
Apply
RBC Visa Platinum Card5.9% balance transfer
30 months
$0 Read More
Apply
RBC Visa Infinite Avion Card1.25 pts on travel
$120Read MoreApply
RBC Rewards+ Visa2500 bonus pts$0 Read MoreApply
RBC Cash Back Mastercard2% on groceries$0 Read MoreApply

RBC Balance Transfer Cards

RBC VISA Platinum CardRBC Visa Platinum Card

Eligibility Criteria:
– Credit score required: fair_good
– Min personal income required: $0
– Annual fees: $0 

Balance transfers allow people to consolidate their credit card debts and pay a single (hopefully low) rate after moving their outstanding balances from one bank to another. RBC offers the country’s most potentially lucrative balance transfer promotion available thanks to the RBC Visa Platinum card. Moving your balance or balances to RBC after applying for this card nets you an interest rate of 5.9% on the total transferred amount for 30 full months. That’s over two years during which your interest rate remains low, making it much easier to make gradual progress on paying the balance.

Though not a 0.00% rate promotion like some other balance transfer credit cards, RBC’s Visa Platinum deal lasts five times as long as most balance transfer promotions. It also has some extra peripheral value, like a discount of 3 cents per litre at Petro-Canada, a free supplementary card, RBC road assistance, rental car coverage, and of course—$0 annual fee. Applicants will need to apply for the card through our link, however, because the offer they see on RBC’s own page may not match.

  • $0 annual fee
  • 5.9% for 30 months on balance transfers
  • Save 3 cents per litre at Petro-Canada pumps
  • Rental car insurance coverage
  • Free supplementary card
  • Credit limit up to $50,000

Click here to apply for the RBC Visa Platinum credit card

RBC Low Interest Cards

RBC Visa Classic Low Rate Card

Eligibility Criteria:
– Credit score required: fair_good
– Min personal income required: $15000
– Annual fees: $20 

RBC provides some credit cards that have low purchase interest rates, which are especially useful to those who might carry their balance from month to month. Instead of getting hit with interest charges that are commonly over 20.00%, opt for a card like the RBC Visa Classic Low Rate. This RBC card has an interest rate of just 11.99% on purchases, making it a great option for cardholders who are planning to buy something significant and who also prefer to have more leeway in paying it off gradually. The cash advance interest rate is also 11.99%, making the card even more flexible.

However, it’s important to note that the interest rate an applicant receives is proportional to their credit score. Higher-score applicants will get the lower rate of 11.99% while it may increase to as much as 19.99% for those with a lower score, so we recommend this option largely for those who have better credit to begin with. Like some other RBC cards, those who link it to their Petro-Points account can save 3 cents per litre on fuel, and all cardholders will appreciate purchase protection and extended warranties.

  • $20 annual fee
  • 11.99% rate on purchases and cash advances (variable based on credit score)
  • Save 3 cents per litre on fuel at Petro-Canada
  • Purchase protection and extended warranties

Click here to apply for the RBC Visa Classic Low Rate Option credit card

RBC Travel Cards

RBC Visa Infinite AvionRBC Visa Infinite Avion Card

Eligibility Criteria:
– Credit score required: fair_good
– Min personal income required: $60000
– Annual fees: $120 

For Canadians who like to travel within the country and abroad, having a credit card that helps reduce the cost of their upcoming trips with each purchase is very useful. RBC offers several of these travel cards, but one of the best is their Visa Infinite Avion card, which is known for being especially flexible and convenient for travellers of all types. When using this card, you’ll get 1 RBC point per $1 spent, and then 1.25 RBC points for every $1 spent on travel-related purchases. It’s nice to earn from all everyday expenses, but the best part is redemption. RBC points can be transferred to an impressive array of other travel rewards programs, like WestJet or Hudson’s Bay Rewards, or used on RBC’s own Orbitz-based travel booking site. They can also be redeemed for merchandise, or toward paying off the card’s balance.

Applicants are advised to apply through our link on GreedyRates, as they’ll be eligible for a favourable balance transfer promotion if necessary. New cardholders can pay just 1.9% interest for 10 months on balances transferred to RBC. The other major value-added perk for the RBC Infinite Avion card is its thorough insurance coverage, which includes emergency medical, trip cancellation, and protection for baggage, hotels, rental cars, and more. Accordingly, it’s one of the most comprehensive travel cards on the market, with an annual fee and minimum income requirement to match ($120 and $60000).

  • 1 RBC point for every $1 spent
  • 1.25 RBC points for every $1 spent on travel
  • 15000-point welcome bonus
  • Pay just 1.99% for 10 months on balance transfers
  • Redeem points for travel (no blackouts or restrictions), merchandise, and cash
  • Transfer points to other travel rewards programs
  • Comprehensive travel insurance
  • Save 3 cents per litre on Petro-Canada fuel

Click here to apply for the RBC Visa Infinite Avion card


RBC Westjet MatercardWestJet RBC Mastercard

Eligibility Criteria:
– Credit score required: fair_good
– Min personal income required: $80000
– Annual fees: $39 

Cardholders with RBC who like to travel with WestJet—one of Canada’s premier travel service providers—will enjoy the WestJet RBC Mastercard. The rewards program from WestJet is one of the best around, with no seating restrictions or blackout dates. This card earns 1.5% in WestJet Dollars on all purchases, and then 1% for all WestJet flights or vacation packages charged to the card. You can redeem WestJet Dollars whenever you like, and in any amount.

The $39 annual fee is immediately offset (and then some) by WestJet’s nice welcome bonus of $50 for new cardholders, who only need to make a single initial purchase to earn it. Finally, this RBC Mastercard wouldn’t be complete without some form of insurance benefit, such as auto rental collision and damage coverage, and protection for your new purchases and possessions while travelling.

  • $39 annual fee
  • 1% back in WestJet Dollars on all purchases
  • 1.5% back in WestJet Dollars on WestJet vacations and flights
  • $50 welcome bonus
  • Auto rental collision and damage insurance, coverage for hotel/motel possessions, purchase protection

Click here to apply for the RBC Westjet Mastercard


RBC Westjet World Elite MastercardWestJet RBC World Elite Mastercard

Eligibility Criteria:
– Credit score required: good_excellent
– Min personal income required: $80000
– Annual fees: $119 

The big brother of WestJet’s standard RBC Mastercard adds significant value for cardholders who are frequent fliers and who can meet the minimum income requirement of $80000. The RBC Westjet World Elite has an upgraded earning rate of WestJet Dollars, at 1.5% on everything and then 2% on WestJet flights and vacation packages. The most notable perk RBC offers is their yearly companion flight, however, which is an inexpensive way to bring a friend or family member on your trip. The companion fare is just $99 for any continental flight, but you can also fly internationally and pay just $299 (or $399 if you’re headed to Europe). Add in an impressive 250 WestJet dollar introductory bonus, and that’s a hefty discount upfront off your next vacation or business trip.

Flying with the WestJet World Elite card is also a privileged experience, with cardholders able to get free checked bags for themselves and up to 8 additional guests on the same itinerary. Given that many airlines charge $50 a bag, the card has enormous savings potential. It will also protect travellers with comprehensive insurance, including travel medical, trip interruption, vehicle rental protection, and protection for new items purchased with the card.

  • $119 annual fee
  • $250 introductory bonus
  • Earn 1.5% on all purchases
  • Earn 2% on WestJet vacations or flights purchased with the card
  • Solid array of travel insurance
  • Annual $99 companion flight
  • Free checked bags for up to 8 travellers
  • Purchase protection and extended warranties

Click here to apply for the RBC World Elite Mastercard


rbc cathay pacificRBC Cathay Pacific Visa Platinum

Eligibility Criteria:
– Credit score required: null
– Min personal income required: $
– Annual fees: $120 

Cathay Pacific is a great airline for those who frequently travel to destinations in Asia, but it’s difficult to find a card that earns Asia Miles directly. The Cathay Pacific Visa Platinum from RBC is the only card in Canada offering this feature, and at a generous rate of 1 Mile for every $1 spent. Travellers know that it’s more expensive to use credit cards abroad, especially in expensive cities like Hong Kong or Tokyo, so it’s nice that the Visa Platinum card accelerates the mileage earning rate to 1.25 per $1 for purchases in a foreign currency. This offsets the foreign transaction fees and helps make the card universally useful no matter where you go.

Perhaps the most impressive feature of the card is its big welcome bonus of up to 35000 Miles: 15,000 upon approval, 10,000 for a minimum spend of $6,000 in the first 3 months, 10,000 on anniversary of account opening. For a $120 annual fee, you’d expect a bit more value, and the card delivers by providing access to the exclusive Marco Polo lounge, and complimentary travel insurance.

  • Earn 1 Mile for every $1 spent
  • Earn 1.25 Miles for every $1 purchase in a foreign currency
  • Earn double Miles for buying Cathay Pacific travel online
  • Insurance including travel medical, rental car, hotel, and more
  • Up to 35000 Miles in introductory bonuses
  • Entrance to the Marco Polo club
  • Save 3 cents per litre on Petro-Canada fuel

Click here to apply for the TBC Cathay Pacific Visa Platinum


RBC British Airways Visa InfiniteRBC British Airways Visa Infinite

Eligibility Criteria:
– Credit score required: fair_good
– Min personal income required: $60000
– Annual fees: $165 

Travellers who prefer to fly with British Airways and their partner airlines will love RBC’s card which is tailored just for them—the British Airways Visa Infinite. This card earns Avios points, which can be used at any of the Oneworld partner airlines, or at British Airways flexibly. Shoppers earn at the fast rate of 1 Avios point for every $1 spent and double Avios points if they purchase tickets and other travel experiences through British Airways. They’ll also get a 10% discount on British Airways flights. New cardholders have the chance to earn bulk Avios points in their first year with RBC—up to 50000 points—15,000 upon approval, 25,000 with minimum spend of $5,000 in the first 3 months, 10,000 after first-year renewal.

Another goal is to spend $30,000 in the first year of membership, which earns cardholders a companion voucher that significantly discounts a flight taken with the primary cardholder. It’s also good to see a solid array of insurance features that come with the card, including emergency medical coverage and protection for one’s trip, hotel, and rental vehicle. All in all, it’s a great value proposition made better by association with one of the world’s premier airline programs.

  • Earn up to 50000 Avios points
  • Earn 1 Avios point for every $1 spent
  • Earn 2 Avios points for every $1 spent at British Airways
  • Use Avios points for all travel on the Oneworld network (1,000+ destinations)
  • Spend $30,000 and get a yearly companion voucher
  • 10% discount when booking British Airways with the card
  • Solid array of insurance perks

Click here to apply for the RBC British Airways Visa Infinite

RBC Rewards Cards

rbc_rewards_plusRBC Rewards+ Visa

Eligibility Criteria:
– Credit score required: poor_fair
– Min personal income required: $0
– Annual fees: $0 

The RBC Rewards+ Visa is a simple, straightforward and effective way to earn RBC Rewards points on all everyday purchases without any undue financial burden. There’s $0 annual fee on neither the primary nor supplementary cardholders, who can collect 1  Rewards point for every $1 spent on gas, groceries, and purchases at the drug store. All other purchases collect 0.5 Rewards point for every $1 spent. These points are redeemable on an enticing variety of merchandise, gift cards, travel experiences and of course, cash credits to your statement.

It’s nice that RBC offers new cardholders a way to earn up to 2500 extra Rewards points merely for setting up digital banking with RBC. Within 60 days of approval, a cardholder can earn points for minor tasks that include sharing an email address, signing up for eStatements, downloading the RBC mobile wallet app, and more. Alongside the expected savings at Petro-Canada (3 cents per litre), purchase protection and extended warranties, RBC has delivered much value without asking for much in return.

  • Earn 1 point per $1 on gas, groceries and drugstore purchases
  • Earn 0.5 per $1 spent everywhere else
  • Earn up to 2500 points for sharing online banking details and signing up
  • Save 3 cents per litre at Petro-Canada
  • Purchase protection and extended warranties
  • $0 annual fee

Click here to apply for the RBC Rewards+ Visa card

RBC Cashback Cards

rbc_cash_back_no_annual_feeRBC Cash Back Mastercard

Eligibility Criteria:
– Credit score required: fair_good
– Min personal income required: $15000
– Annual fees: $0 

For those who tend to buy a lot of groceries, RBC offers one of the best ways to get a high, flat rate of cash back. Its RBC Cash Back Mastercard is a purposeful grocery-shopping tool, with 2% back (unlimited) on all groceries, and 0.5% cash back on everything else. There’s $0 annual fee, which is nice to see, but even nicer is a beneficial balance transfer promotion attainable through the card. New cardholders who are interested in grocery savings and who have outstanding balances will appreciate being able to consolidate their debt and pay just 1.9% on it for 10 whole months.

Purchase protection and extended warranties come standard with the card and apply to new items purchased with it. There’s also the ability to buy extra perks, namely rental car protection and roadside assistance, if you’re willing to pay a little extra.

  • 2% cash back on groceries
  • 0.5% cash back on everything else
  • $0 annual fee
  • Balance transfers pay just 1.9% interest for 10 months
  • Purchase protection and extended warranties

Click here to apply for the RBC Cashback no fee Mastercard


RBC Cash Back Preferred World Elite MastercardRBC Cash Back Preferred World Elite Mastercard

Eligibility Criteria:
– Credit score required: fair_good
– Min personal income required: $80000
– Annual fees: $99 

The first six months with the Cash Back Preferred World Elite exemplify its value, with a bonus allowing new cardholders to earn 1.75% cash back on all their purchases (capped at $25,000 in spending/up to $437.5 cash back). Afterward, the flat cash back rate drops to a still-competitive 1.5% on everything. World Elite cards also typically have travel-focused perks, and RBC’s is a unique one: free Boingo hotspot Wi-Fi in airports worldwide. This is a surprisingly convenient benefit as Boingo typically costs $5 per hour and has over a million terminals.

Other perks include advanced purchase protection and extended warranties, extending damage and theft coverage to new items for 120 days (not the typical 90), plus items charged to the card will get triple the regular manufacturer’s warranty length. Premium rental car insurance is also included, representing the icing on the cake for this beneficial credit card.

  • Earn 1.75% cash back on everything for 6 months
  • Earn 1.5% cash back afterward
  • Free Boingo Wi-Fi in airports worldwide
  • Exemplary purchase insurance and extended warranties
  • Rental car coverage

Click here to apply for the RBC Cash Back Preferred World Elite card

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