RBC Bank is running an early year promotion as part of its Avion Rewards program.
Until January 24, 2023, you can increase your value by 25% using one of the following options:
RBC Avion Visa cardholders can typically earn $58 for every 10,000 points. With this promotion, they get $72.50 in credit for the same number of points.
Usually, this option is not very advantageous since it allows you to use 10,000 points for a credit of $58 (a value of 0.58 cents per point – while we value the Airline point at 1.6 cents) :
As part of this promotion, you can get 25% more value from your Avion points: 10,000 points = $72.50 (a value of 0.72 cents per point). This is well below the value calculated by Milesopedia, but if you need credit to help pay off your account balance, it may be beneficial to redeem them before the offer deadline.
Holders of other RBC credit cards can also take advantage of a 20% enhanced redemption rate for the same options mentioned above:
Credit cards eligible for this offer include: RBC Rewards+ Visa, RBC Rewards Visa Gold, Signature RBC Rewards Visa, RBC Rewards Visa Preferred, Rewards Visa Preferred, ION Visa, ION+ Visa and RBC Visa Classic II Student.
In our opinion, this is not the most advantageous way to use your Avion Rewards points, even with the enhanced redemption rate. However, if it can help you reduce your total credit card balance and avoid paying interest, it can be beneficial to you.
Savings are here:
