RBC RateAdvantage Visa

RBC RateAdvantage Visa

This card bases your interest rate on your credit score - the better your credit, the lower the rate.

$0.00
Annual fee
Learn more
$30
Welcome bonus
Learn more
$0
Annual rewards
Learn more
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Monthly Spending:
$

Pros & cons

Pros

  • Low interest rates that vary with prime.
  • Save 3 cents per litre on fuel at Petro-Canada.
  • No annual fee.

Cons

  • No rewards on purchases.
  • Limited insurance included.

Your rewards

Getting your welcome bonus

Based on $3,000 in monthly spending, you can get up to an estimated $30.

For all welcome bonus details click here.

How you earn rewards

This card does not earn rewards on purchases.

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Details and eligibility

Estimated Credit Score
760 - 900
Personal Income
N/A
Household Income
N/A
Canadian resident who has reached the provincial age of majority.
Annual Fee
$0.00
Extra Card Fee
$0
Card type
Credit
Purchase
9.69% - 13.69%
Cash Advance
9.69% - 13.69%
Balance Transfer
9.69% - 13.69%

Insurance coverage

Extended Warranty
1 year
Purchase Protection
90 days

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

Learn more about the value of credit card insurance coverage.

Genius Rating

RBC RateAdvantage Visa's 3.0 Genius Rating is based on the weighted average of the following scores:

Rewards
0.0
Fees
3.7
Insurance
0.0
Interest
3.2
Perks
0.1
Approval
0.5
Acceptance
4.0

Methodology

All scores are produced by our math-based rating algorithm that takes into account over 126 credit card features.

Learn more about our rating methodology.

Key benefits

  • No online application available.
  • Low variable interest rate between Prime + 4.99 and Prime + 8.99%.
  • Covers your purchases with extended warranty and purchase protection insurance.
  • No annual fee.
  • Save an instant 3 cents per litre and get 20% bonus Petro Points on fuel at Petro-Canada.

User reviews

4.0 out of 5

Reviewed by 2 Canadians

5 stars
50%
4 stars
0%
3 stars
50%
2 stars
0%
1 stars
0%
7 years ago
1

i was looking for a better card

7 years ago
1

Am I entitled to a lower interest ?since I'm a good outstanding member. If the card comes with protection insurance why am I paying for protection insurance.

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Rating Methodology

The most comprehensive credit card rating system in Canada.

126+ total data points analyzed
Data point breakdown