One of the difficulties, as a student, is finding rewards cards that apply. RBC offers rewards cards aimed at students, though, offering three different card options that you can choose from, depending on your needs:
RBC Rewards Visa Gold
This basic rewards card has no annual fee. You receive one point for every $2 you spend. You can then redeem your reward points for merchandise, travel, and gift certificates. You can begin redeeming your points when you have accumulated 2,500. The card has an APR of 19.99%. You also receive automatic insurance protection for trips, rentals and purchases made with your card.
RBC Visa Cash Back Card
If cash back is your thing, this card might be just the thing for you. There is an annual fee of $19, but that can be waived with the help of your student banking rebate. You will need to find out what you need to do to qualify for the banking rebate. You receive up to 1% cash back on qualifying purchases, and enjoy insurance protection.
Signature RBC Rewards Visa
The superior rewards program that comes with this credit card also comes with a higher annual fee of $39. However, like the RBC cash back card, the fee is waived when you are eligible for a student banking rebate. You receive one point for every dollar you spend, and you can even exchange your points for Esso Extra points. There are other options with this card, if you choose to exercise them, such as InfoProtector registration and Talk & Save long distance.
If you are student looking for a credit card, these options from RBC might be worth looking into. You can earn rewards and other perks, while establishing good credit. Make sure, though, that you are ready for your first credit card, and prepared to follow good credit habits.
