RBC Visa Platinum Card review
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Overall rating
First year value
$0
Get this card if you:
- want to earn rewards without an annual fee
- need basic insurance benefits
- want to save on gas at Petro Canada
Scores by category
No Annual Fee 1.3
At a glance
The RBC Visa Platinum Card is a no-annual-fee credit card offering essential benefits such as purchase protection, extended warranty, and travel accident insurance. Cardholders can also enjoy savings on fuel at Petro-Canada and earn additional loyalty points.
Highlights
$0
First year value
$0
Annual fee
No annual fee
Interest Rates
20.99%
Purchase APR
22.99%
Cash advance APR
Eligibility
Fair
Recommended credit score
Quick overview
Quick overview of the RBC Visa Platinum Card
The RBC Visa Platinum is a solid choice for anyone looking for a no annual fee credit card in Canada. It offers flexible credit, plus a range of perks that add extra value without extra cost. Cardholders get benefits like basic insurance coverage and access to exclusive Visa perks. Whether you need a reliable everyday card or a backup for emergencies, the RBC Visa Platinum gives you financial flexibility without the fees.
Who can benefit?
Who can benefit from the RBC Visa Platinum credit card?
The RBC Visa Platinum is an ideal choice for individuals seeking straightforward credit without any unnecessary costs or complexities. This card prioritizes practical safeguards and exclusive benefits, making it perfect for those who prefer to steer clear of intricate rewards programs, bonuses, and associated conditions.
Pros and cons
Pros and cons
Pros
- $0 annual fee
- Discounts on fuel and extra Petro-Points
- Premium vehicle and travel insurance
- Exclusive discounts from top brands
- Sizeable credit limit up to $50,000
- Free additional card
- Easy setup for exclusive offer notifications
Cons
- Limited focus on perks and privileges
- No extensive bonus programs
- May not suit those seeking complex rewards systems
- Limited emphasis on extravagant benefits
Welcome bonus
Welcome bonus with the RBC Visa Platinum Card
The RBC Visa Platinum Card currently does not provide a welcome bonus.
Key benefits
Key benefits of the Platinum Visa credit card from RBC
The RBC Platinum Visa isn't a head-turning rewards credit card. Still, the card provides a selection of benefits and protections that can give you peace of mind; and sometimes that's reward enough.
For starters, the card charges a $0 annual fee. Many banks in Canada charge a nominal annual fee for even some of the most basic credit cards. Here, however, there are no yearly fees to worry about. Additionally, the card features credit limits of up to $50,000, higher limits than found with many cards from the other Big 5 banks.
Finally, RBC Visa Platinum cardholders receive premium vehicle insurance coverage from Aviva General Insurance and travel insurance from RBC. These insurance benefits can provide peace of mind for cardholders who travel often for work or pleasure.
Insurance coverage
The RBC Visa Platinum credit card offers insurance coverage to protect cardholders.
- Extended warranty: Customers receive an additional 1 year of coverage on eligible purchases.
- Purchase protection: Items are protected for 90 days from the date of purchase.
- Travel accident coverage: Up to $500,000 coverage in case of travel accidents.
- Rental card theft and damage coverage: Peace of mind when renting a car.
Extra benefits
- Automatic savings on fuel at Petro-Canada: Link your RBC credit card and save $0.03 per litre on fuel⁴. Plus, earn 20% more points in both loyalty programs: 20% more Petro-Points and 20% more Avion points⁵.
- Rexall points: Cardholders can earn 50 Be Well Points for every $1 spent on eligible purchases at Rexall Pharmacies across Canada by linking their card to their Rexall account.
- DoorDash savings: Add your eligible RBC card to your DoorDash account and enjoy a 3-month complimentary DashPass subscription. With DashPass, you can benefit from unlimited deliveries with $0 delivery fees on orders of $15 or more when you pay using your eligible RBC credit card.
How does it compare?
How does the RBC Visa Platinum compare
Let's see how the card compares to other RBC picks.
RBC Visa Platinum vs. RBC ION Visa vs. Moi RBC Visa card
Annual Fee
$0
$0
$0
Welcome Bonus
None
Get up to $75 in groceries, including 7,000 Avion points and 3,125 Moi points.
Get up to 5,000 bonus Moi points (a value of $40^) with the moi RBC Visa credit card. Offer ends January 20, 2027.
Rewards
None
Earn 1.5 Avion points for every $1 spent on groceries, transportation (gas, rideshare, transit, EV charging), and streaming services and subscriptions, 1 Avion point on all other purchases
2X the Moi points on gas, groceries, restaurants (including fast food and takeout, 1 Moi point on all other purchases
Benefits
Credit limits of up to $50,000, premium insurance benefits
Purchase protection and extended warranty
Mobile device coverage
Is the card worth it?
Is the RBC Visa Platinum Card worth it?
When considering whether the RBC Visa Platinum Card is worth it, it's important to evaluate your individual needs and spending habits. While the card may not offer flashy rewards, its benefits and protections, such as extended warranty and purchase protection, can provide peace of mind. Additionally, the card's automatic savings on fuel at Petro-Canada and other perks like Rexall points and DoorDash savings can add value for certain cardholders. Ultimately, it's crucial to assess how these features align with your lifestyle and financial goals before making a decision.
Eligibility requirements
To be eligible for the RBC Visa Platinum Credit Card, you'll need to meet the following criteria:
-
Fair credit history and credit score
- Canadian resident with a valid Social Insurance Number (SIN)
Disclosures:
-
Refer to RBC page for up to date offer terms and conditions.This post contains affiliate links. Please read disclaimer for more info.
Leora Raivich
Author
Calgarian Leora Raivich loves sharing her insight on a variety of topics in finance, technology, fashion, lifestyle, transportation and a range of other industries. Inspired by brilliant authors like Mark Twain and Hemingway, you can find Leora writing blog posts, articles, social media, academic pieces and much more on a daily basis.
Cory Santos
Senior Reporter
Cory Santos is a finance writer, editor and credit card expert with nearly a decade of experience in personal finance. Cory joined Wise Publishing from BestCards, with bylines in numerous print and digital publications across North America, including the Miami Herald, BlogTO, Debt.ca, AOL, MSN and Medium as well as financial podcasts like KOFE Talk. He's also the creator and author of the annual Money.ca Credit Card Awards.
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