RBC Visa Platinum

The RBC Visa Platinum is a credit card offered by RBC without an annual fee. This card doesn’t include insurance coverage for free, but you can opt for additional travel and rental insurance for a fee. While there is no rewards program, you can still save money on fuel at participating gas stations and earn Rexall points by using your RBC credit card.

Card Summary:

Rewards Summary:

• N/A

Benefits Summary:

• With this credit card, you can enjoy a variety of rewards and savings:
  • Fuel Savings: Save 3 cents per liter on fuel and earn 20% more Petro-Points every time you fill up at participating Petro-Canada locations.
  • Rexall Rewards: Earn up to 50 Well Points for every dollar spent at Rexall, helping you accumulate points quickly.
  • DoorPass Subscription: Get a free three-month subscription to DoorPass, giving you access to exclusive delivery benefits.

  These perks offer savings on fuel, additional rewards at Rexall, and convenient delivery services.

Insurance Summary:

• Addons only.

Editor’s Review

RBC Visa Platinum Credit Card Review

Card Summary

The RBC Visa Platinum is a no-annual-fee credit card offered by RBC. This card is ideal for those who prefer a straightforward credit option without the burden of annual fees. Key features include:

• Annual Fee: $0
• Additional Cards: No extra cost
• Purchase Rate: 20.99%
• Cash Advance Rate: 22.99%

Rewards Program

• Rewards Summary: N/A

The RBC Visa Platinum card does not have a dedicated rewards program. However, users can still enjoy savings and earn points through specific partnerships.

Benefits Summary

Despite the lack of a formal rewards program, the RBC Visa Platinum card offers various benefits and savings opportunities:

• Fuel Savings: Save 3 cents per liter on fuel and earn 20% more Petro-Points at participating Petro-Canada locations.
• Rexall Rewards: Earn up to 50 Well Points for every dollar spent at Rexall, allowing you to accumulate points quickly.
• DoorPass Subscription: Enjoy a free three-month subscription to DoorPass, providing access to exclusive delivery benefits.

These perks enhance the value of the card, particularly for those who frequent Petro-Canada stations and Rexall stores.

Insurance Coverage

• Standard Coverage: None
• Optional Add-ons: You can opt for additional travel and rental insurance for a fee.

While the card does not include free insurance coverage, the option to add travel and rental insurance provides flexibility for users seeking extra protection.

Security Features

RBC Visa Platinum offers robust security features, including:

• Fraud Detection: Real-time fraud monitoring to protect against unauthorized transactions.
• Zero Liability Protection: Ensures you are not held responsible for fraudulent charges.
• Visa Secure: Added protection for online purchases.

Comparison with Similar Cards

To help you decide if the RBC Visa Platinum is right for you, here’s a comparison with similar no-annual-fee cards:

Verdict

The RBC Visa Platinum is an excellent choice for those seeking a no-annual-fee credit card with specific savings opportunities on fuel and pharmacy purchases. While it lacks a traditional rewards program, the card’s benefits, such as Petro-Canada fuel savings and Rexall rewards, make it valuable for frequent customers of these partners. The option to add travel and rental insurance also adds a layer of flexibility for users who might need occasional coverage.

If you’re looking for a basic, cost-effective credit card with practical perks, the RBC Visa Platinum is a solid option. However, if you prioritize a lower purchase rate or a more comprehensive rewards program, you might consider alternatives like the Scotiabank Value Visa or the CIBC Dividend Visa.

View other RBC Credit Cards.

View other No Annual Fee Credit Cards.

Please note that the rates, terms, and conditions regarding the credit card are subject to change. For the latest and most up-to-date information, please refer to the official web page of the credit card. It is important to note that the information provided on the website does not constitute professional or financial advice.