For individuals who frequently spend in U.S. dollars, whether due to travel, online shopping, or business transactions, managing currency exchange fees can be a hassle. The RBC U.S. Dollar Visa Gold offers a seamless solution, allowing you to pay directly in U.S. funds while avoiding currency fluctuations.

But that’s not all. This card is more than just a tool for U.S. dollar purchases. It provides an impressive array of benefits, from earning Avion points to enjoying comprehensive travel insurance and fuel savings. Whether you’re planning your next vacation, shopping online, or fueling up, this card ensures that every dollar spent goes further.

Key details about the RBC U.S. Dollar Visa Gold

How does the annual fee work?

The RBC U.S. Dollar Visa Gold has an annual fee of $65 USD, which is charged once a year. If you need an additional card for an authorized user, there’s an extra $30 USD annual fee per card.

While the annual fee might seem like a downside, it’s important to consider the savings you gain. By avoiding foreign exchange fees, frequent U.S. dollar spenders can quickly offset the cost. Furthermore, the card’s benefits—such as travel insurance, fuel discounts, and the Avion rewards program—make the annual fee a worthwhile investment for the right user.

How is the credit limit determined?

Your credit limit is determined by RBC based on your financial profile. Factors such as your credit score, income, and existing debt levels are considered during the application process. RBC strives to assign a credit limit that matches your spending habits and ensures you can use the card responsibly.

For those with strong credit and a stable income, higher credit limits are typically offered, allowing for greater financial flexibility. However, even with a moderate credit score, you can qualify for this card and enjoy its many benefits.

Advantages Of The RBC U.S. Dollar Visa Gold

This card is packed with features that cater to frequent travelers and individuals with regular U.S. dollar expenses. Its advantages include:

• Avoid currency fluctuations: Save on foreign exchange fees by making transactions directly in U.S. dollars.
• Earn Avion points: Collect 1 Avion point for every U.S. dollar spent on eligible purchases.
• Comprehensive travel insurance: Includes trip cancellation, emergency medical coverage, and 24/7 travel assistance.
• Fuel savings at Petro-Canada: Save 3¢ per liter on fuel and earn 20% more Avion points with linked purchases.
• Be Well partnership: Earn 50 Be Well points for every $1 spent on eligible products at Rexall pharmacies.
• DoorDash perks: Enjoy a 3-month complimentary DashPass subscription, with $0 delivery fees on qualifying orders.
• RBC Offers: Load personalized offers to save on purchases and earn bonus Avion points faster.

Standout feature: Avion Rewards Program

The RBC U.S. Dollar Visa Gold card shines with its Avion Rewards program. Cardholders earn 1 Avion point for every U.S. dollar spent on eligible purchases. Points can be redeemed for travel, gift cards, merchandise, and financial rewards, with redemptions starting at just 2,500 points.

Additionally, RBC Offers lets you load personalized discounts and bonus point opportunities before shopping. This feature makes it even easier to maximize your points and savings while enjoying a customized shopping experience.

Disadvantages Of The RBC U.S. Dollar Visa Gold

The Avion Rewards program is one of the card’s most compelling features. With every U.S. dollar spent, cardholders earn 1 Avion point. Points can be redeemed for a wide range of rewards, including:

• Travel: Use your points for flights, hotels, car rentals, and vacation packages.
• Gift cards: Redeem points for gift cards from top retailers.
• Merchandise: Choose from a variety of electronics, home goods, and more.
• Financial rewards: Convert points into RBC Financial Rewards vouchers for financial flexibility.

Redemptions start at just 2,500 points, making it easy to start enjoying the rewards early. Additionally, RBC Offers allows you to load deals from top brands to save money or earn bonus points. This feature ensures that every purchase becomes an opportunity to maximize your rewards.

Main drawback: The Annual Fee

The $65 USD annual fee is reasonable for those who frequently use the card for U.S. dollar purchases or travel-related expenses. However, individuals who do not benefit from the rewards or savings may find it challenging to justify the cost.

Who can apply for this card?

The RBC U.S. Dollar Visa Gold card is designed for individuals who meet the following eligibility criteria:

• Age: You must be at least 18 years old (19 in provinces where applicable).
• Residency: You must be a Canadian resident.
• Credit standing: A good credit score is typically required, as RBC evaluates your financial history during the application process.
• Income proof: Proof of income may be required to verify your ability to manage the card’s credit limit and payments.

This card is not generally available to individuals with poor credit or no credit history. If you meet the requirements, the application process is straightforward, and approval is often quick.

How to apply for the RBC U.S. Dollar Visa Gold

Applying for the RBC U.S. Dollar Visa Gold is a simple and secure process. You can choose from three methods: online, through the RBC Mobile App, or by visiting a branch.

Online Application

1. Visit the RBC website and navigate to the RBC U.S. Dollar Visa Gold card page.
2. Click on “Apply Now.”
3. Fill out the application form with your personal and financial details.
4. Submit the form and wait for an instant response, usually within 60 seconds.

Application Via The Mobile App

1. Download the RBC Mobile App on your smartphone.
2. Log in to your RBC account or create one if you’re a new user.
3. Go to the credit card section and select “Apply for a Credit Card.”
4. Choose the RBC U.S. Dollar Visa Gold and complete the application process.

In-Person Application At A Branch

1. Visit your nearest RBC branch with the required documents, including a government-issued ID and proof of income.
2. Speak with a banking advisor who will guide you through the application process.
3. Submit your application and wait for a response, which may take a few business days.