No Annual Fee
Student
Rewards
RBC ION Visa
RBC Royal Bank
Current Welcome Offer
Get up to 11,000 Avion points - that's up to $75 of value in gift cards! Apply by May 6, 2026.
Annual Fee
$0
Purchase APR
20.99%
Cash Adv. APR
22.99%
Welcome Bonus
~$75
RateBuddy Verdict
The Good
- No annual fee while still providing 1.5x points on groceries, gas, and streaming.
- Low barriers to entry; excellent for students or first-time cardholders.
The Trade-offs
- Lacks almost all travel insurance and mobile device coverage.
- Points are "Avion Premium" tier, meaning they cannot be transferred to airlines 1:1 without a premium card.
Rewards & Earnings
Groceries 1.50%
Gas & Transit 1.50%
Base Rate 1.00%
Rewards Summary: Daily Life: 1.5X Points (Grocery, Gas, Transit, Streaming); All Other: 1X Point per $1; Petro-Canada: 3¢/L savings + 20% more points; DoorDash: 3-month free DashPass; Redemption: 1,400 points = $10 gift card
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Welcome Bonus Details
Get up to 11,000 Avion points - that's up to $75 of value in gift cards! Apply by May 6, 2026.
Estimated Value: $75.00
Features & Benefits
No Annual Fee
Extended Warranty Insurance
Purchase Security Insurance
Insurance Coverage
Purchase Security: Included; Extended Warranty: Included (+1 year); Mobile Device: Not Included; Travel Medical: Not Included; Rental Car: Not Included
Rates & Fees Details
| Purchase APR | 20.99% |
|---|---|
| Cash Advance APR | 22.99% |
| Annual Fee | $0 |
| Supplementary Card | $0.00 |
| Income Required | No specific requirement listed. |