In this guide

  • Review
  • Your reviews
Finder makes money from featured partners, but editorial opinions are our own.

RBC US Dollar Visa Gold credit card review

  • Avatar
RBC US Dollar Visa Gold
Welcome Offer
N/A
Rewards
Up to 1 point per $1 spent
Annual Fee
$65
Purchase Interest Rate
20.99%
Cash Advance Rate
22.99%
All information about RBC US Dollar Visa Gold has been collected independently by Finder. Finder is not connected with RBC products, and this page is not sponsored, endorsed or administered by, or associated with, RBC. All product names, logos, and brands have been used for identification purposes only and are property of their respective owners.

Summary

Earn points and save on sneaky foreign exchange fees with the RBC US Dollar Visa Gold card
This card lets you earn 1 RBC Rewards point for every dollar you spend on qualified purchases. You can then redeem the points for gift cards, merchandise, travel and other rewards

In this guide

  • Review
  • Your reviews

Canadian residents made over 44 million trips to the United States in 2018, a truly astounding number for a country of just 38 million people. The two countries share a lot of similarities, but the currency is not one of them. Rather than pay daily conversion fees on your purchases while in America, a US dollar credit card makes it a lot easier to transact with merchants south of the border. The RBC US Dollar Visa Gold card offers a convenient way to pay with US dollars without having to worry about daily conversion rates.

Find out if the RBC US Dollar Visa Gold card is for you.

30-second take

  • Consider getting this card if you make frequent trips to the United States and want to avoid daily currency fluctuations.
  • Consider something else if your only interaction with American merchants is through websites like Amazon or eBay.
  • You must be a Canadian resident and the age of majority in your province to apply for the card.

The basics

If you’re a frequent traveller to the United States, the RBC US Dollar Visa Gold could be your ticket to savings. Rather than spend your Canadian dollars while in America, this RBC US Dollar Visa Gold card lets you make all your transactions in US funds, allowing you to avoid volatile currency fluctuations.

An extensive suite of insurance products is also included with the card as is automatic enrolment in RBC Rewards, which lets you earn points on qualified purchases. The RBC US Dollar Visa Gold card also offers higher credit limits, although this depends on several factors like credit score and annual income.

The perks

  • Don’t worry about conversion fees. The RBC US Dollar Visa Gold card lets you purchase goods and services directly in US dollars, so you’ll never have to worry about expensive conversion fees while shopping.
  • Earn points. This card lets you earn 1 RBC Rewards point for every dollar you spend on qualified purchases. You can then redeem the points for gift cards, merchandise, travel and other rewards
  • Insurance coverage. RBC offers extensive insurance coverage with this card – trip cancellation, car rental and emergency purchases are all covered.
  • 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 20.99% interest on purchases and 22.99% on cash advances.
  • Fees. The RBC US Dollar Visa Gold card comes with a US$65 annual fee for primary cardholders and a US$30 annual fee for each additional card.
  • You still need to convert Canadian dollars. Unless you are paid in US dollars, you’ll still have to convert Canadian dollars to pay your monthly credit card bill.

RBC US Dollar Visa Gold interest rates

Interest TypeInterest Rate
Purchase interest rate20.99%
Cash advance rate22.99%

What should I know before I apply

How to apply

  1. Visit the RBC US Dollar Visa Gold 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 US Dollar Visa Gold was designed for frequent travel to the United States. If you spend a lot of time south of the border, this card can help you avoid the uncertainty associated with daily conversion rates. It also lets you rack up reward points for every dollar you spend. Just keep in mind that unless you have a dedicated USD account with your bank, you’ll still need to convert Canadian dollars into US dollars every time you pay your credit card bill.

Compare other credit cards

Name Product Welcome Offer Rewards Purchase Interest Rate Annual Fee Min. Credit Score Description
RBC ION Visa
3,500 points
1.5 points per $1 spent
20.99%
$0
Min. recommended credit score: 660
Get 3,500 Avion points when you get approved for the card.
Neo Credit Mastercard
Get $25.00 + up to 15% cash back
Average 5% cash back
19.99% - 29.99%
$0
Min. recommended credit score: 600
Get $25 when you sign up for the Neo Financial Mastercard. Plus, earn bonuses like 15% cashback on your first purchase at most partners, and earn an average of 5% cashback at thousands of partners and at least 0.5% cashback guaranteed.
Tangerine World Mastercard
10% cash back
Up to 2% cash back
19.95%
$0
Min. recommended credit score: 600
Earn 10% cash back (up to $100) when you spend $1,000 in the first 2 months. Valid until April 30, 2024. Plus, get a 1.95% interest rate on balance transfers for the first 6 months.
American Express Cobalt Card
15,000 points
Up to 5x points per $1 spent
20.99%
$155.88
Min. recommended credit score: 700
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.
BMO CashBack Mastercard
5% cash back
Up to 3% cash back
20.99%
$0
Min. recommended credit score: 660
Get 5% cash back on all eligible purchases in the first three months of card membership (up to max. spend of $2,500). Plus, get a rate of 0.99% on balance transfers for 9 months. A 2% fee applies to transferred balances.
Tangerine Money-Back Credit Card
10% cash back
Up to 2% cash back
19.95%
$0
Min. recommended credit score: 600
Earn 10% cash back (up to $100) when you spend $1,000 in the first 2 months. Valid until April 30, 2024. Plus, get a 1.95% interest rate on balance transfers for the first 6 months.
RBC Cash Back Mastercard
N/A
Up to 2% cash back
20.99%
$0
Min. recommended credit score: 650
RBC ION+ Visa
7,000 points
3 points per $1 spent
20.99%
$48
Min. recommended credit score: 660
Get up to 7,000 welcome points. Get 3,500 points on approval and earn 3,500 bonus points when you spend $500 in your first 3 months.
BMO Preferred Rate Mastercard
0.99% rate on balance transfers for 9 months
N/A
13.99%
$0 annual fee for the first year ($29 thereafter)
Min. recommended credit score: 660
Get a rate of 0.99% on balance transfers for 9 months with a 2% transfer fee. Plus, get the $29 annual fee waived in the first year.
BMO eclipse rise Visa Card
25,000
Up to 5 points per $2 spent
20.99%
$0
Min. recommended credit score: 660
Earn up to 25,000 bonus points.
loading

Your reviews

No reviews yet. Write a review
Go to site