Overview of the RBC ION Visa

RBC ION Visa

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Earn rewards

1.5 points/$1

On every $1 spent on grocery, rides, gas, EV charging, streaming, digital gaming, and subscriptions

1 point/$1

On every $1 spent on all other qualifying purchases

RBC ION Visa details

Welcome bonus: earn 6,000 Avion points upon approval - that’s $40 of value in gift cards! Apply by November 4, 2024.
Annual fee: $0
Reward: Earn 1.5x points on every $1 spent on grocery, rides, gas, EV charging, streaming, digital gaming, and subscriptions, 1x points on every $1 spent on all other qualifying purchases
Average point value: $0.021
Purchase interest rate: 20.99%
Cash advance interest rate: 22.99%
Balance transfer interest rate: 22.99%
Minimum income: Any amount
Household income: Any amount
Network: VISA
Provider: RBC Royal Bank
Card type: Travel

Detailed card summary

Benefits & features

Get 6,000 Avion points upon approval* – that’s $40 of value in gift cards+!
Apply by November 4, 2024.
Earn 1.5X Avion points¹ on:
- Grocery – Satisfy your taste buds by earning points on groceriesⁱ
- Rides, Gas & EV Charging – Enjoy earning points on gas, rideshare, daily public transit, electric vehicle charging, and more.ⁱⁱ
- Streaming, Digital Gaming & Subscriptions – Stay entertained while earning points on streaming, gaming, eligible digital subscriptions, eligible digital downloads, and in-game purchases.ⁱⁱⁱ
Earn 1 Avion point for every $1 spent on all other qualifying purchases¹
Exclusive savings and rewards
- Automatically become an Avion Rewards Premium member when you get the RBC ION Visa. Download the Avion Rewards app to access points, cash back deals, and savings all in one program. Plus, download the Avion Rewards ShopPlus browser extension to save with cash back deals right where you shop online from 1,900+ retailers.

How to redeem

How to get approved

Ratehub review

Natasha Macmillan

April 22, 2024

The RBC Ion Visa is the best entry-level card offered by RBC with no annual fee allowing you to earn 1.5 points per dollar spent on groceries and dining and 1 point per dollar spent on all other purchases.

Pros

No annual fee or income requirement
Flexible redemption options: You can use your points for merchandise, travel or even for bill payments and e-transfers

Cons

Limited insurance coverage
Low points value: With this card, you earn a slightly modified Avion Rewards point which are worth less than those earned through other RBC Avion cards

Legal

Refer to RBC page for up to date offer terms and conditions

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* This offer only applies to new applications for an RBC ION Visa credit card received between May 28, 2024 and November 4, 2024 (“Offer Period”) and approved by Royal Bank of Canada (“Royal Bank”), subject to the conditions below. Additional cardholders(s) (co-applicant and authorized user(s)) on the RBC ION Visa credit card account, as well as existing cardholders on any RBC Royal Bank personal credit card transferring to an RBC ION Visa credit card during the Offer Period, are not eligible for this offer.
6,000 welcome Avion points (“Welcome Points”) will appear on your monthly credit card statement within sixty (60) days after your application has been approved, provided that your RBC ION Visa credit card account (“Credit Card Account”) remains open and in good standing at the time the Welcome points are credited to your account, “good standing” meaning that your Credit Card Account must not be past due for more than two (2) consecutive credit card account statement periods, closed, charged off or in credit revoked status.
If you close or change your RBC ION Visa credit card for another type of RBC Royal Bank credit card before the Welcome Points have been credited to your account, you may lose the benefit of this offer. This offer may not be combined or used in conjunction with any other offer. Royal Bank reserves the right to cancel, modify or withdraw this offer at any time without notice, even after your application has been approved, including if we suspect that you may be manipulating or abusing it, or engaging in any suspicious or fraudulent activity, as determined by Royal Bank in its sole discretion. For complete terms and conditions that apply to the Avion Rewards Program, please visit www.avionrewards.com or call 1-800-769-2512
+ To get $40 worth of gift cards/certificates, you will need a total of 5,600 Avion points. Minimum redemption of 1,400 Avion points for most $10 gift cards/certificates. Some exceptions apply. Point redemption values may fluctuate. For general redemption terms, conditions and restrictions that apply to the Avion Rewards program, as well as for current point redemption values, please visit https://www.avionrewards.com/terms-and-conditions.html or call 1-800-769-2512.