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RBC ION Visa Review 2026: Is It Worth It in Canada?

Updated

The RBC ION Visa is RBC’s entry-level Avion rewards credit card, designed to bring Avion points earning to Canadians who do not yet qualify for — or do not want to pay for — a premium travel card. At $48 per year, it earns 1.5 Avion points per dollar on grocery, streaming, gas, transit, and rideshare purchases, giving everyday spenders access to RBC’s travel rewards ecosystem at a low annual cost.

Quick Verdict

Best for: Canadians who want to start earning Avion points without a high annual fee or strict income requirements, and whose spending is concentrated in grocery, streaming, and transit categories.
Not ideal for: Heavy restaurant spenders or grocery-first earners who will extract significantly more value from the ION+ Visa at the same $48 annual fee, or those who want to transfer points to Aeroplan (Avion does not transfer to Aeroplan).


Key Card Details

FeatureDetail
Annual fee$48
Additional cardholder feeVerify at rbc.com
Purchase interest rate20.99%
Cash advance rate22.99%
Foreign transaction fee2.5%
Income requirementNone stated
NetworkVisa
Welcome bonusVerify current offer at rbc.com

Card terms, earn rates, and welcome bonus are subject to change. Verify all details at rbc.com before applying.


Welcome Bonus

RBC periodically offers a welcome bonus for new ION Visa cardholders, typically in the range of 3,500 Avion points after first purchase or after meeting a minimum spend. Verify the current welcome bonus at rbc.com before applying — offers change throughout the year.

What 3,500 Avion points are worth:

  • Redeemed for flights via Avion portal: approximately $35–$70 depending on route
  • Transferred to British Airways Avios (at a favourable ratio): can stretch further on short-haul redemptions
  • Statement credit or merchandise: typically ~1¢ per point = $35

Earn Rates

Spending CategoryEarn Rate
Grocery purchases1.5 Avion points per $1
Streaming subscriptions1.5 Avion points per $1
Gas and EV charging1.5 Avion points per $1
Daily transit and rideshare1.5 Avion points per $1
All other purchases1 Avion point per $1

Verify current category definitions and any annual caps at rbc.com. Category eligibility depends on merchant classification.

Annual earn estimate

Based on $1,500/month spend:

CategoryMonthlyRateAnnual Avion Points
Grocery$5001.5x9,000
Streaming$501.5x900
Gas$1001.5x1,800
Transit/rideshare$1001.5x1,800
Everything else$7501x9,000
Total$1,50022,500

22,500 Avion points per year — at approximately 1¢ per point in basic redemptions, that is roughly $225 in annual rewards value before the $48 fee. Net annual value: approximately $177.


Redeeming Avion Points

Redemption OptionValue Per PointNotes
Avion travel portal (flights)~1.0–1.5¢Fixed-rate chart; best value on domestic routes
Transfer to British Airways AviosVaries1:1 or favourable ratio; good for short-haul
Transfer to American Airlines AAdvantageVariesTransatlantic and US routes
Transfer to WestJet Dollars~1¢Simple, direct cash value on WestJet bookings
Statement credit / merchandise~0.8–1¢Lower value than travel redemptions

Verify current transfer partners, ratios, and Avion redemption chart at rbc.com. Transfer partner agreements and redemption values change.


Benefits

The RBC ION Visa is an entry-level card and does not include premium travel insurance or lounge access. Standard Visa benefits apply:

  • Purchase security: 90-day protection on eligible new purchases against damage or theft
  • Extended warranty: May double manufacturer’s warranty on eligible items (verify at rbc.com)
  • Visa Zero Liability: Protection against unauthorised purchases
  • Mobile device protection and Visa Infinite Dining and Entertainment: Not included (ION Visa only, not Visa Infinite level)

Fees and Rates

FeeAmount
Annual fee$48
Purchase interest rate20.99%
Cash advance rate22.99%
Foreign transaction fee2.5%

RBC ION Visa vs. RBC ION+ Visa: Which Should You Choose?

Both cards cost $48 per year. The ION+ earns at substantially higher rates:

FeatureRBC ION VisaRBC ION+ Visa
Annual fee$48$48
Grocery earn1.5x3x
Dining earn1x3x
Streaming earn1.5x3x
Transit/rideshare1.5x3x
Everything else1x1.5x

For a cardholder spending $700/month on grocery, dining, streaming, and transit, the ION+ earns roughly double the points of the ION Visa at the same annual fee. Unless you have a specific reason to prefer the ION Visa, the ION+ is the stronger card for most Canadians at the same cost.


Who Is the RBC ION Visa Best For?

Ideal cardholders:

  • New-to-credit cardholders or first-time rewards card applicants who want access to the Avion ecosystem without a high fee or income requirement
  • RBC banking clients who want to keep their credit card within RBC’s product ecosystem
  • Light spenders whose monthly charges are spread across many categories without heavy concentration in grocery or dining
  • Those who primarily spend on gas, streaming, and transit — the ION’s strongest bonus categories

Less suitable if:

  • Your spending is concentrated in grocery and dining — the ION+ Visa earns 3x versus the ION’s 1.5x (same $48 fee)
  • You want to transfer points to Aeroplan — Avion does not partner with Aeroplan
  • You want comprehensive travel insurance — the ION Visa does not include it
  • You qualify for and can use the RBC Avion Visa Infinite — it earns at higher rates with significantly better perks at $120/year

Alternatives

CardAnnual FeeKey Difference
RBC ION+ Visa$483x on grocery/dining/streaming/transit — same fee, higher earn
RBC Avion Visa Infinite$120Premium Avion card, better insurance, lounge eligibility
TD Rewards Visa$0No-fee option, TD Rewards program
Scotiabank Scene+ Visa$0No-fee, Scene+ program for movies and Scotia ecosystem

Bottom Line

The RBC ION Visa is a solid entry point to the Avion rewards programme at a low $48 annual fee. Its 1.5x earn rate on grocery, streaming, gas, and transit gives everyday spenders a meaningful return, and the lack of an income requirement makes it widely accessible.

That said, the ION+ Visa earns at double the rate in the most popular spending categories (grocery, dining, streaming, transit) for the same $48 fee. Most Canadians will extract significantly more value from the ION+ — compare the two carefully before applying.

Card terms, earn rates, welcome bonus, and transfer partners are subject to change. Always verify current details at rbc.com before applying.