Redeem for travel rewards, merchandise, gift cards/certificates and RBC Financial Rewards® with rewards starting as low as 2,500 points.
Enjoy the flexibility to make your transactions in U.S. funds and avoid the hassles of exchange rates or daily currency fluctuations. Foreign Currency Conversion Fee: Transactions in a currency other than U.S. dollars are converted to U.S. dollars no later than the date the transaction is posted to your credit card account at an exchange rate that is 2.5% over a benchmark rate RBC pays on the date of conversion. Cash Advances: There is no interest-free period for cash advances. Cash advances, balance transfers, use of RBC credit card cheques, certain bill payments and cash-like transactions are all cash advances. Interest is charged from the day the cash advance is made until payment is received for the total amount you owe. $65 annual fee for the primary card and $30 annual fee for additional cards. Cash Advance Fees: $3.50 for (i) cash withdrawals or cash-like transactions, or (ii) bill payments or balance transfers made at an introductory interest rate offered to you at account opening or at your standard interest rate. No fee on credit card checques at your standard or introductory interest rate. Penalty APR: 24.99% and 26.99%. Dishonoured Payment Fee: $40.