Pairs well with...

 
Annual Fee
$110
Extra Card Fee
$40
Card Type
Credit
Purchase
19.99%
Cash Advance
22.99%
Balance Transfer
22.99%
Personal Income
N/A
Household Income
N/A
Canadian resident who has reached the provincial age of majority.
Extended Warranty 1 year
Purchase Protection 90 days
Travel Accident $500,000
Emergency Medical Term 31 days
Trip Cancellation $2,500
Trip Interruption $2,500
Flight Delay $500
Baggage Delay $500
Lost or Stolen Baggage $500
Hotel Burglary $2,500
Rental Car Theft & Damage Yes

Please review your insurance certificate for details, exclusions and limitations of your coverage.

There's an even better card for you.

Other cards you might like

People interested in this card were also interested in...

Our Review

On the surface, the RBC Rewards Visa Preferred doesn’t seem like the greatest card. Fairly high annual fee, small sign-up bonus, and not the best return on your rewards. However, if net annual rewards aren’t really what you’re looking for, and you tend to look a little deeper, this card could be a contender.

With an annual fee of $110, you'll start off with a welcome bonus of 2,500 points (worth $25) and then earn 1 RBC Reward point for every $1 spent. Plus, when shopping with RBC partners like Carlson Wagonlit and UBER, you can earn even more.

These flexible rewards be used for:

  • merchandise,
  • gift cards, and…
  • RBC Financial Rewards (like personal loans, mortages, etc.)

They can also be transferred to WestJet dollars as well.

One of the best things about this card is its insurance package – you're covered by 11 different types of travel and purchase insurance, including up to 31 days of emergency medical coverage.

If you want to add secondary cardholders, the annual fee for supplementary cards is $40 per card. One cool perk is you're able to set a sending limit on each of those cards, allowing you to stay on top of your account.

If you'd prefer a Visa with better rewards and also no income requirements, the is a good choice. Earn up to a 1.5% return on your day to day spending, and get a 2.5% return on travel purchases made at Expedia For TD. Plus, this card has a lower annual fee of $89.

What are your thoughts?

The creditcardGenius algorithm calculates an estimated dollar value for all rewards and bonuses by using a typical point value a person can realistically achieve by redeeming their rewards in a reasonably optimized way. The "Welcome Bonus" is the dollar value obtained by combining all one-time bonuses available to new cardholders within the first year. To qualify for the full bonus you may need to make purchases, meet minimum spending requirements, or complete special actions. Terms and conditions apply.

* Conditions apply.

Featured In

The Globe and Mail
thestar.com
Huddle.today
Morningstar