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RBC RateAdvantage Visa review

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Advertiser Disclosure

Annual Fee
$0.00
Interest Rate: Purchases
12.19% ‐ 16.19%
Interest Rate: Purchases
12.19% ‐ 16.19%
Balance Transfer
12.19% ‐ 16.19%
Balance Transfer
12.19% ‐ 16.19%
Rewards
-
Rewards
-
Signup Bonus
-
Signup Bonus
-


8/10
Informr score
The RBC RateAdvantage Visa currently has an Informr score of 8 out of 10. This score is based on our evaluation of 2 sources including reviews from users and the web's most trusted critics.

Am I eligible?


RBC RateAdvantage Visa is typically available to those with good credit scores (650 or greater).
To get this card, you must also:
Yes Be at least 18 years of age (AB, MB, ON, PE, QA, SK). 19 in all other provinces.
Yes Be a permanent or temporary resident of Canada

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...


Reviewlution
Reviewlution

All things considered, this is a good no-fee card with a decent interest rate which gives you the ability to earn rewards points. Thanks to these features, and the reasonable eligibility requirements, this card is readily accessible to most Canadians. But if you want to avoid high foreign transactio...

- Marija Pandurov, Reviewlution
My Rate Compass
My Rate Compass

This no-annual fee card offers a low variable interest rate based on credit rating. Purchase and cash advance rates begin at prime + 4.99% and cap out at prime + 8.99%. Purchase security and extended warranty round out the card’s benefits. For those with strong credit, this is RBC’s lowest rate card...

- Mohamed Konate, My Rate Compass

Details


Interest Rates
Regular APR Interest Rate 12.19% ‐ 16.19%
Balance Transfer Interest Rate 12.19% ‐ 16.19%
Cash Advance Interest Rate 12.19% ‐ 16.19%
Rates & Fees
Annual Fee $0.00
Balance Transfer Fee 3%

Maximum

Cash Advance Fee $3.50

$5.00 fee for cash advances outside of Canada.

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 $29.00
Late Payment Fee $0.00
Promotions
Sign up bonus No
Rewards
All Purchases No
Restaurants No
Gas No
Groceries No
Hotels No
Travel No
Pharmacy No
Bills No
Additional Details

Link your card and instantly save 3¢/L on fuel and always earn 20% more Petro-Points at Petro-Canada.

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 Yes
No Foreign Transaction Fees No
Emergency Assistance No
Concierge Service No
Price Protection No
Fraud Protection Yes
Free Credit Scores No
Wireless Payments Paywave
Virtual Cards No
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
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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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