The RBC Visa Platinum is a mid-tier credit card from RBC that earns RBC Rewards points on everyday spending. It sits between RBC’s no-annual-fee options and the premium Avion Visa Infinite, offering a balance of rewards, travel insurance, and accessibility without an income requirement.
Quick Verdict
Best for: RBC banking customers who want a rewards Visa with some travel insurance and no income requirement, but don’t need the full premium benefits of the Avion Visa Infinite.
Not ideal for: High spenders who would benefit from the better earn rates and comprehensive travel coverage of the RBC Avion Visa Infinite.
Key Card Details
| Feature | Details |
|---|---|
| Annual Fee | $99 CAD |
| Network | Visa |
| Rewards Program | RBC Rewards |
| Income Requirement | None stated |
| Purchase Interest Rate | 19.99% |
| Cash Advance Rate | 22.99% |
| Foreign Transaction Fee | 2.5% |
Note: Earn rates and features change periodically. Visit rbc.com for current details.
Welcome Bonus
RBC periodically offers welcome bonuses on the Visa Platinum. Check rbc.com for the current sign-up offer.
Earn Rates
The RBC Visa Platinum earns RBC Rewards points on all eligible purchases. Visit rbc.com for current earn rates by category.
RBC Rewards Redemption
| Redemption Option | Value |
|---|---|
| Travel through RBC Rewards | ~1 cent/point |
| Gift cards | Varies |
| Merchandise | Varies |
| Cash back | Lower value |
Benefits and Perks
- Travel accident insurance — on eligible travel purchases
- Car rental collision/loss damage waiver — when you pay with the card
- Purchase protection — theft and damage coverage
- Extended warranty — doubles manufacturer’s warranty
- Mobile Wallet — Apple Pay, Google Pay compatible
Fees and Rates
| Fee | Amount |
|---|---|
| Annual Fee | $99 |
| Purchase Interest | 19.99% |
| Cash Advance | 22.99% |
| Foreign Transaction | 2.5% |
| Additional Cards | Verify at rbc.com |
RBC Visa Lineup Comparison
| Card | Annual Fee | Income Req. | Rewards |
|---|---|---|---|
| RBC Rewards+ Visa | $0 | None | RBC Rewards |
| RBC Visa Platinum | $99 | None | RBC Rewards + travel ins. |
| RBC Avion Visa Infinite | $120 | $60,000 | Avion points, full travel benefits |
Who Is This Card Best For?
- RBC banking clients wanting a mid-tier rewards Visa
- Canadians without Infinite income requirements who still want travel insurance
- Moderate spenders who value RBC ecosystem integration
Alternatives
| Card | Annual Fee | Rewards | Best For |
|---|---|---|---|
| RBC Avion Visa Infinite | $120 | Avion points | Better rewards if eligible |
| TD Platinum Travel Visa | $89 | TD Rewards | TD alternative mid-tier |
| MBNA Rewards Platinum Plus Mastercard | $0 | MBNA Rewards | No-fee mid-tier points |
Bottom Line
The RBC Visa Platinum is a serviceable mid-tier card for RBC customers who want rewards and some travel protection without the income requirements of the Visa Infinite tier. If you qualify for the Avion Visa Infinite, its extra $21 annual fee delivers meaningfully better value.
Disclaimer: Card terms, earn rates, and features are subject to change. Verify all current details at rbc.com before applying.