Am I eligible?
To get this card, you must also:
Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.
What the Critics Are Saying...
- Enoch Omololu, SAVVY New CanadiansIf you are looking for an entry-level credit card with no annual fees and easy-to-understand rewards, the RBC ION Visa may be for you. For a $4 monthly fee, you can earn double the points on groceries, gas, daily transit, and streaming subscriptions, by opting for the RBC ION+ Visa instead. Alternat...
- Victor, Yore OysterConsidering the RBC ION Visa credit card doesn’t charge an annual fee, it’s worth it as an entry-level travel credit card. The major upside of this card is that you can earn Avion points, and redeem them for bill payments, merchandise, Interac e-Transfers, and travel purchases. However, it may not b...
- Claire Horwood, FinderThe RBC ION Visa is an innovative card that lets you earn 1.5x the rewards for select digital purchases along with everyday purchases like gas and groceries. It comes with practical benefits such as a 3-month complimentary DashPass subscription, gas savings at Petro-Canada and the chance to earn mor...
- Barry Choi, Money We HaveMy RBC ION Visa review is positive. Canadians finally have a credit card that’s clearly designed for students. The card has a decent earn rate compared to other student credit cards. More importantly, it has no annual income requirement, which is vital for many students.
- MoneyGeniusThere's really not much to complain about with this card. The earn rate is decent, the reward categories are pretty cool, and not having any income requirements is a sweet bonus that opens it up to even more users. But does it distinguish from any other cards without income requirements? Yes it does...
Details
| Interest Rates | |
|---|---|
| Regular APR Interest Rate | 19.99% |
| Balance Transfer Interest Rate | 22.99% |
| Cash Advance Interest Rate |
22.99% 21.99% if you reside in Quebec |
| Rates & Fees | |
| Annual Fee | $0.00 |
| Balance Transfer Fee |
3% Maximum |
| Cash Advance Fee | $5.00 |
| Foreign Transaction Fee |
2.5% Transactions made in a foreign currency will be converted and posted to your account in Canadian currency. |
| Over Limit Fee | 29% |
| Late Payment Fee | 0% |
| Promotions | |
| Sign up bonus |
Get 6000 points upon approval |
| Rewards | |
| All Purchases | 1 point per $1 spent |
| Restaurants | No |
| Gas |
1.5% cash back On gas and EV charging |
| Groceries | 1.5 points per $1 spent |
| Hotels | No |
| Travel |
1.5 points per $1 spent On rideshare and daily public transit |
| Pharmacy | No |
| Bills | No |
| Additional Details |
1.5 points per $1 spent on Streaming, Digital Gaming & Subscriptions |
| Features & Benefits | |
| Additional Card Holders | Yes |
| Travel Accident Insurance | No |
| Car Rental Insurance | No |
| Car Rental Discount | No |
| Extended Warranty | Yes |
| Purchase Protection | Yes |
| Zero Liability | No |
| No Foreign Transaction Fees | No |
| Emergency Assistance | No |
| Concierge Service | No |
| Price Protection | No |
| Fraud Protection | No |
| Free Credit Scores | No |
| Wireless Payments | Apple Pay, Google Pay |
| Virtual Cards | No |
| Additional Benefits |
|
| Eligibility | |
| Minimum Security Deposit | $0 |
| Minimum Age |
18 years in AB, MB, ON, PE, QA, SK. 19 years in all other provinces. |
| Minimum Personal Income | |
| Temporary Residents | No |
| More | |
| Additional comments | - |
| Terms & Conditions | Official Terms & Conditions |
| Suggest a correction |
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.
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