A card that gives you extensive insurance coverage and flexible rewards to use how you want.

Annual Fee
Extra Card Fee
Card Type
Cash Advance
Balance Transfer
Personal Income
Household Income
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.

If we find your match, we’ll give you up to $25 when you refer your friends.*

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?

Pairs well with...

Featured In:

The Globe and Mail
Toronto Star
Financial Post
New York Times