The Value of an RBC Reward Point



The dollar value of 1 RBC Reward point is
$0.0114

Dollar value of 1 point Flexibility of points Can points cover taxes and fees?
$0.0114 Strong Yes

Ratehub.ca Recommends:

RBC Visa Infinite Avion

  • 15,000 Welcome Points
  • Earn up to 1.25 points per dollar
  • Includes access to Visa Infinite benefits and travel insurance coverage

How much are your RBC Rewards points worth?

It is important to clarify that "RBC Rewards" and "Points" mean the same thing and will be used interchangeably. Furthermore, the RCB Avion program is an extension of the RBC Rewards Program, providing specific travel rewards. The Avion program accumulates standard RBC Rewards points, the same as other standard RBC Rewards accounts.

There is no easy answer to this question, as the dollar value of your points is determined by what flights you redeem them for. Ratehub.ca’s research reveals that on average one RBC Rewards point is worth $0.0114 when redeeming for flights. Here is an RBC Rewards redemption chart summarizing what we found:

Flight Region Destination Points Required Value/Point Average
Short Haul: Canada/US Montreal 15,000 $0.0094 $0.0102
Ottawa 15,000 $0.0087
New York 15,000 $0.0124
Long Haul: Canada/US Los Angeles 35,000 $0.0145 $0.0131
Vancouver 35,000 $0.0126
Las Vegas 35,000 $0.0122
West Coast to CUN/HNL, East Coast to PUJ Cancun 45,000 $0.0131 $0.0116
Honolulu 45,000 $0.0118
Punta Cana 45,000 $0.0100
East Coast to CUN/HNL, West Coast to PUJ Cancun 55,000 $0.0086 $0.0116
Honolulu 55,000 $0.0110
Punta Cana 55,000 $0.0153
Europe Paris 65,000 $0.0097 $0.0095
Dusseldorf 65,000 $0.0084
Helsinki 65,000 $0.0104
Long Haul: Asia, Australia, New Zealand Bangkok 100,000 $0.0104 $0.0121
Melbourne 100,000 $0.0127
Auckland 100,000 $0.0132
Total Average $0.0114

There is a large discrepancy in the dollar value of your points when redeeming for flights in different flight regions. For example, on average you receive $0.0095/point when redeeming for a flight to Europe, compared to $0.0131/point for a long-haul flight in Canada/US. The example below will demonstrate how to properly value your points and will show the difference in value when redeeming for a flight to Vancouver compared with a flight to Paris.


The math behind it:

The RBC Rewards program has a unique system of stratifying flight regions based on ticket prices in that region. There are 6 separate regions, each with an individual set number of rewards points required for airline travel, up to a maximum ticket price. If the flight in question is more expensive than the established maximum ticket price, the difference must be paid for with rewards points (at a rate of 100 points/dollar) or in cash. The same holds true for airline taxes and fees as they can be paid for either with points or in cash.

To find out the total number of RBC points required to book a flight you must sum:

  • The rewards points required for travel to a region
  • The points required to cover taxes, fees, and surcharges (100 points/dollar)
  • The points required to cover the cost of the flight above the regional maximum ticket price (100 points/dollar)

Below is an RBC Rewards redemption chart outlining the 6 flight regions.

RBC Rewards Points Required for Economy Round Trip Airline Travel Redemption Classifications Description Maximum Ticket Price
15,000 Short-haul: Canada/U.S. Within or to an adjacent Province/Territory/U.S. State $350
35,000 Long-haul: Canada/U.S. Anywhere in Canada/U.S. except Hawaii and Alaska $750
45,000 Long-haul: Bermuda, Mexico, Hawaii, Alaska & Caribbean From any location in Western Canada/U.S. to Mexico, Hawaii, Alaska OR from Eastern Canada to Bermuda, Central America, Caribbean $900
55,000 Long-haul: Bermuda, Mexico, Hawaii, Alaska & Caribbean From any location in Eastern Canada/U.S. to Mexico, Hawaii, Alaska OR from Western Canada to Bermuda, Central America, Caribbean $1,100
65,000 Long-haul: Europe From a major gateway in Canada/U.S. to destinations in Europe $1,300
100,000 Long-haul: Asia, Australia, Middle East, Africa & South America From a major gateway in Canada/U.S. to destinations in Asia, Australia, New Zealand, South Pacific, Middle East, Africa, South America $2,000

Here is the methodology we used to value RBC Rewards points:

A. Find the price of a flight on Kayak (we use this flight price because if you did not book through RBC you would have your choice of booking through any provider rather than just Travelocity)

B. Look up a comparable flight on RBC’s rewards centre on the same date, noting the number of points required and the taxes, fees, and surcharges

C. Add the points required for taxes to the general RBC point requirement for a comparable flight (RBC allows you to pay for the additional taxes with points)

D. Divide the price of a flight found on Kayak by the total points required for a comparable RBC flight to find the value of one RBC rewards point


Case Study: Flying from Toronto to Vancouver in September 2014

Total Cost of Flight Number of Points Required
$657.20 Price of a flight found on Kayak
35000 Points
Step 1: Determine the number of points required to cover taxes and fees
$176.87 taxes, fees & surcharges 100 points per dollar =
17687 points
Step 2: Determine the total number of RBC Rewards points needed
35000 points required for flight 17687 points required for taxes =
52687 total points required
Step 3: Calculate the value of one RBC Reward point
$657.20 cost of flight ÷ 52687 total points required =
$0.0125 /point

When redeeming your points for a flight to Vancouver you receive $0.0125/point, which is good value for your points. As you’ll see in the example below, certain flight regions provide poor value for your points.

Case Study: Flying from Toronto to Paris in September 2014

Total Cost of Flight Number of Points Required
$1,096.00 Price of a flight found on Kayak
65000 Points
Step 1: Determine the number of points required to cover taxes and fees
$598.34 taxes, fees & surcharges 100 points per dollar =
59834 points
Step 2: Determine the total number of RBC Rewards points needed
65000 points required for flight 59834 points required for taxes =
124834 total points required
Step 3: Calculate the value of one RBC Reward point
$1,096.00 cost of flight ÷ 124834 total points required =
$0.0088 /point

To fly to Paris you would need 124,834 points and you’d only receive $0.0088/point, much less value than regions outlined above.

Overall Flexibilty: Strong

Taxes and fees covered? Consistent value? Transferable to/from other rewards programs?
Yes No Yes
Yes, you are allowed to pay for RBC travel insurance, taxes, and surcharges using points No, the value of your points change by destination Yes, RBC allows you to convert points to other loyalty programs including West Jet, British Airways, American Airlines, Asia Miles, Shoppers Optimum, and Esso Extra
More than one airline involved in program? Can the points be used retroactively? Expiration date on points?
Yes Yes No
Yes, you can book on any airline worldwide. Yes, RBC offers the Pay Back With Points option (payment made against the current month's balance). No, there is no expiration date while you are an active member. Points expire 90 days after the closure of your account.

With the RBC Rewards program, you can redeem your points for flights, cruises, tours, hotel stays, VIA Rail travel, car rentals and more. The RBC Avion rewards program is extremely flexible, allowing you to pay for the entire cost of the trip using points at an exclusive value (when using the Avion Air Travel Redemption Schedule). Anthing outside of travel costs, including taxes, fees, and additional insurance can be covered using RBC Reward points at a rate of 100 RBC Rewards points to $1 CAD. (100 points = $1 CAD).

To redeem from the Avion Air Travel Redemption Schedule, and gain access to the most valuable offers, air travel must be booked at least 14 days in advance. If you require the added flexibility to book your flight fewer than 14 days in advance you forfeit the savings of using the Avion Air Travel Redemption Schedule, but still have the ability to redeem your points at a rate of 100 RBC Rewards points to $1 CAD. If you do not have enough points to redeem for the reward of your choice, you can charge any remaining balances your points are unable to cover on your card, and actually earn points on that amount charged.

A new feature of the RBC Rewards program is the ‘Payback with Points’ option. You are allowed to redeem points directly towards your RBC credit card balance, allowing you to use points to pay for virtually anything purchased on you r credit card.

The only limitation of the RBC Rewards program is the restriction to booking flights on Travelocity, rather than having the freedom of using any travel website and choosing the lowest price.

All in all, RBC provides one of the most flexible rewards programs on the market, providing you with many convenient options to redeem your points and save you money.

The RBC Avion Rewards program allows cardholders to pay the entirety of taxes, fees, and surcharges using RBC rewards points at a ratio of 100 points: 1 dollar of tax.

Best Way to Use Your RBC Reward Points


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