RBC Visa Platinum Card review

When picking a Canadian credit card, there’s usually a trade-off between value and features. The RBC Visa Platinum Card offers value without having to pay a premium to get it. Customers can qualify for an ultra-high credit limit and receive premium insurance coverage with no annual fee to worry about.

If you’re looking for a credit card that offers flexibility and lets you carry a high balance, consider the RBC Visa Platinum.

30-second take

• Consider getting this Visa if you’re looking for a reliable credit card with premium insurance coverage.

• Remember that carrying a credit card balance comes at a cost; this RBC card charges high interest rates for purchases and cash advances.

• You must be a Canadian resident and the age of majority in your province to apply for the card.

The basics

The RBC Visa Platinum Card doesn’t have all the bells and whistles of some of the more premium rewards cards, but it makes up for it where it matters most – in purchasing power. If you qualify, you can get up to $50,000 in credit Primary cardholders also qualify for personalized offers at leading retailers so you can save money while shopping.

Like other RBC credit cards, the RBC Visa Platinum credit card provides several value-added services, including balance protector insurance, identity protection and roadside assistance.

The perks

• High balances available. Depending on your income and credit score, you can get up to $50,000 in credit with this Visa.
• No fees. Pay zero annual fees on your primary card and first supplementary card.
• Premium insurance coverage. Travel, car and eligible purchases – the RBC Platinum Visa insures them all.
• Instant fuel savings. By linking your card to Petro-Canada, you can save 3 cents per litre on fuel and earn 20% more Petro-Points

What to watch for

• High interest rates. Carrying a balance on this card will end up costing you. Be prepared to pay an industry standard 20.99% interest on purchases and 22.99% on cash advances.
• Vague rewards. With so many rewards cards to choose from, this RBC Visa is vague on the types of personalized offers you’ll get.

RBC Visa Platinum Card interest rates

What should I know before I apply

• Eligibility requirements

  To apply for an RBC Visa Platinum credit card, you need to meet the following criteria:

  • Be a Canadian citizen or permanent resident .
  • Be the age of majority in your province/territory of residence.

• Required documents and information

  • Your name, residential status and contact information.
  • Your social insurance number (SIN) and date of birth.
  • Your email address and phone number.

How to apply

1. Visit the RBC Visa Platinum webpage.
2. Click “Apply Now.”
3. Fill out the standard credit card application, which should take five minutes to complete.

The bottom line

The RBC Visa Platinum Card offers a no-nonsense approach to building your credit without compromising on core features like premium insurance and travel assistance. If you value flexibility and high credit limits over rewards and cashback options, this RBC Visa could be a good bet. If you’re really into rewards, read up on RBC Offers before you get this piece of plastic.

Compare other credit cards

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10 of 38 results

Welcome Offer	Rewards	Purchase Interest Rate	Annual Fee	Min. Credit Score
Promoted BMO CashBack Mastercard	5% cashback	Up to 3% cashback	21.99%	$0	Get up to 5% cash back in your first 3 months. Plus, get a rate of 0.99% on balance transfers for 9 months. A 2% fee applies to transferred balances. T&Cs apply.	Min. recommended credit score: 660	Go to siteMore info Compare product selection Compare	loading
RBC Cash Back Mastercard	N/A	Up to 2% cash back	20.99%	$0	Min. recommended credit score: 650	Go to siteMore info Compare product selection Compare	loading
Neo Mastercard	N/A	An average of 5% cash back	19.99% - 29.99% (up to 25.24% in NL & QC)	$0	Min. recommended credit score: 640	Go to siteMore info Compare product selection Compare	loading
RBC ION Visa	7,000 points	Up to 1.5 points per $1 spent	20.99%	$0	Get 7,000 Avion points upon approval. T&Cs apply.	Min. recommended credit score: 660	Go to siteMore info Compare product selection Compare	loading
American Express Cobalt Card	15,000 points	Up to 5x points per $1 spent	21.99%	$191.88	Earn up to 15,000 Membership Rewards points in your first year. Earn 1,250 Membership Rewards points for each monthly billing period in which you spend $750 in purchases. That’s up to $150 towards a weekend getaway or concert tickets. T&Cs apply.	Annual fee: $15.99/month ($191.88 annually). Quebec residents: $191.88/year. Min. recommended credit score: 700	Go to siteMore info Compare product selection Compare	loading
Tangerine Money-Back Mastercard Card	10% cash back	Up to 2% cash back	20.95%	$0	Earn 10% cash back (up to $100) when you spend $1,000 in the first 2 months. Valid until January 30, 2026. Plus, get a 1.95% interest rate on balance transfers for the first 6 months. T&Cs apply.	Min. recommended credit score: 600	Go to siteMore info Compare product selection Compare	loading
Tangerine Money-Back World Mastercard	Get $120	Up to 2% cash back	20.95%	$0	Get $120 with a Money-Back World Mastercard when you spend $1,500 in the first 3 months. Valid until January 30, 2026. Plus, get a 1.95% interest rate on balance transfers for the first 6 months. T&Cs apply.	Min. recommended credit score: 600	Go to siteMore info Compare product selection Compare	loading
BMO Preferred Rate Mastercard	0.99% rate on balance transfers for 9 months	N/A	13.99%	$29	Get a rate of 0.99% on balance transfers for 9 months with a 2% transfer fee. T&Cs apply.	Min. recommended credit score: 660	Go to siteMore info Compare product selection Compare	loading
RBC ION+ Visa	14,000 points	Up to 3 points per $1 spent	20.99%	$48	Get 14,000 Avion points upon approval. T&Cs apply.	Min. recommended credit score: 660	Go to siteMore info Compare product selection Compare	loading
RBC Avion Visa Infinite	35,000 points	Up to 1.25 points per $1 spent	20.99%	$120	Get 35,000 Avion Points upon approval. T&Cs apply.	Min. recommended credit score: 650	Go to siteMore info Compare product selection Compare	loading

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