When it comes to a credit card that stands out for its rewards, the RBC ION+ Visa shines as an option that elevates your everyday spending to a new level. With a clear focus on maximizing daily benefits, it offers a robust Avion points program that can be used in various ways, including gift cards, products, and much more. It’s the perfect card for those who value returns on essential purchases like groceries, transportation, entertainment, and streaming services.

For an affordable annual fee, the RBC ION+ Visa makes it easy to accumulate and enjoy rewards, bringing a range of additional benefits. If you’re looking for a practical, accessible card with great cost-benefit value, the RBC ION+ Visa is a solid choice.

Key information about the Credit Card

The RBC ION+ Visa is designed to streamline daily spending for those seeking rewards that reflect their lifestyle. This card comes with a rewards program that multiplies points on essential purchases, going beyond the conventional offerings of most credit cards.

It’s the right choice for anyone wanting to transform everyday expenses into real benefits, accumulating Avion points while enjoying special offers with partners like Petro Canada, Rexall, and DoorDash. Additionally, the card provides a user-friendly experience with its innovative mobile app, which allows users to track their points in real time, view available offers, and manage their finances conveniently from their smartphones.

How does the annual fee work?

With an annual fee of just $48, the RBC ION+ Visa remains an accessible option for many consumers. This fee can be conveniently split into monthly payments of only $4, making it much lighter on your monthly budget.

For students, there is a fantastic advantage: they can receive a monthly rebate on the annual fee when they open an RBC Advantage™ Banking Account for Students. This provision helps to promote financial literacy and responsibility among younger consumers, providing them with an excellent opportunity to build their credit history while earning rewards.

How is the credit limit determined?

The limit on the RBC ION+ Visa is calculated based on a careful analysis of the applicant’s credit history, income, and overall financial profile. This thorough assessment allows RBC to consider various factors, ensuring that each customer receives a credit line that aligns with their financial safety and purchasing power.

This careful evaluation helps maintain a balance between accessibility and financial control, allowing customers to enjoy the benefits of their credit card securely and efficiently, without the risk of overspending.

Advantages of the Credit Card

The RBC ION+ Visa offers an impressive array of advantages, especially regarding rewards and protection. Here are the main benefits:

• Accelerated earning of Avion points: earn up to 3x points on groceries, gas, dining, and streaming services.
• Mobile device protection: coverage for damages or theft of your mobile phone purchased with the card.
• Extended warranty and purchase protection to safeguard your purchases against unforeseen damages or defects.
• Exclusive offers and additional points with partnerships from Petro Canada, Rexall, DoorDash, and more.
• Access to the RBC Mobile app, facilitating bill management, payment tracking, and various financial tools like NOMI, for personalized alerts.

Highlighted advantage: The Avion Points Program

The Avion points program is the standout feature of the RBC ION+ Visa. It offers 3x points on essential purchases, including groceries, gas, transportation, and entertainment. This accelerated accumulation allows users to earn rewards faster, with as little as 1,400 points redeemable for a $10 gift card.

In one year, average spending could generate 48,000 points, translating into approximately $340 in rewards from well-known brands like Apple, Amazon, and Best Buy. This ongoing benefit is ideal for those who regularly use the card, maximizing financial returns on every transaction.

Disadvantages

While the RBC ION+ Visa provides numerous advantages, some aspects may not suit every profile:

• The annual fee of $48, even if it can be paid in installments, may be a drawback for some users.
• Relatively high interest rates for purchases and cash advances, at 20.99% and 22.99%, respectively.
• Limitations in the categories of spending eligible for triple points, which may not cover all user expenses.

Highlighted disadvantage

The interest rate of 20.99% for purchases and 22.99% for cash advances is a point of concern. For users who tend to carry balances on their cards, these rates can accumulate quickly. Therefore, it’s crucial that users utilize the RBC ION+ Visa consciously, avoiding the use of revolving credit to prevent incurring high additional costs.

Who can apply for this card?

To apply for the RBC ION+ Visa, applicants must meet several basic requirements. The institution requires that the applicant be at least 18 years old and undergo a thorough credit analysis. Additionally, proof of income that matches the requested credit limit is necessary. It’s also essential that the applicant’s CPF (individual taxpayer registration) is in good standing, without any restrictions, ensuring a smooth application process.

How to apply for the RBC ION+ Visa Card

The process to apply for the RBC ION+ Visa is simple and efficient, allowing customers to choose between applying online, through the app, or directly at a RBC branch.

Online

To apply online, simply visit the RBC ION+ Visa page and fill out the online application form. The process is divided into five steps, and approval responses are typically provided quickly, often within a minute.

Via the App

For those who prefer to handle everything via their mobile device, the RBC ION+ Visa can be applied for within the RBC Mobile app. This not only ensures security and convenience but also offers a complete experience, allowing users to track their application status and, later, manage their card.

In-Store/Branch

Another option is to visit a RBC branch. There, a representative can clarify any questions and assist with each step of the application process, ensuring the customer feels comfortable with the requirements and features of the card before finalizing the request.