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Trade with Points
It's easy with RBC Direct Investing
Do you earn Avion points with an RBC credit card? RBC Direct Investing gives you two ways to use your points:
- Trade with Points: Use your points to pay for your online and mobile trade commissions — applies to stock, ETF and options trades placed on Canadian and U.S. exchanges, in Canadian or U.S. dollars.
- Grow Your Savings: Easily redeem points online to make cash contributions to your Registered Retirement Savings Plan (RRSP), Tax-Free Savings Account (TFSA), Registered Education Savings Plan (RESP), or deposits to your non-registered cash account.
Earn Avion points with your Avion Rewards credit cards (link opens in a modal window).
“Do I Have to Set Anything Up to Trade with Points?”
No setup is required. You can Trade with Points as long as you have an eligible RBC Direct Investing account and an RBC credit card that earns Avion points.
Apply for an Avion Rewards Credit Card
“I want to stay connected with my investments.”
Buy and sell investments, get real-time1 quotes, read current market news and more anytime, anywhere2 with the RBC Mobile app3.
Mobile Trading
“What does it cost to trade?”
Pay only $9.95 flat per equity trade* with no minimum balance or trading activity required or $6.95 flat per equity trade with 150+ trades per quarter.
Pricing (commissions, fees and interest rates)Start Investing Today
Complete your application online in minutes - it's fast, secure and easy.
Get StartedLegal Disclaimer
The Avion Rewards program is offered by Royal Bank of Canada and is subject to the Avion Rewards Terms & Conditions. You may only use your Avion points through RBC DI to: (1) pay for trade commissions on your eligible RBC Direct Investing accounts; or (2) transfer points for cash contributions to your eligible RBC Direct Investing accounts. It is your responsibility to make sure you have sufficient contribution room within your registered plan when redeeming points for cash contributions to your registered accounts and/or when you use your Avion points to pay for trade commissions on a registered account. The Canada Revenue Agency may apply tax penalties for over-contributions. RBC Direct Investing is not responsible for any such penalties.
Legal Disclaimer 1)
Real-time quotes are available automatically to all clients for exchange listed stocks, ETFs and most over-the-counter (OTC) securities without completion of exchange agreements. Real-time quotes for options and grey market OTC securities on detailed quote and order entry pages are also available upon accepting the terms and conditions of all exchange agreements on the RBC Direct Investing online investing site. Real-time quotes for options and grey market OTC securities are available to Active Traders and Royal Circle clients across the site upon accepting the terms and conditions of all exchange agreements on the RBC Direct Investing online investing site.
Legal Disclaimer 2)
Available Only Where Permitted by Law. The products, services and securities referred to on any RBC Direct Investing automated service (as defined in the Operation of Account Agreement) are only available in the jurisdictions where they may be legally offered for sale. The information provided on any RBC Direct Investing automated service should not be construed as an offer by RBC Direct Investing to sell specific securities in any jurisdiction, including the United States. If you are not currently a resident of Canada, you should not access the information available on any RBC Direct Investing automated service.
Legal Disclaimer 3)
RBC Mobile is operated by Royal Bank of Canada, RBC Direct Investing Inc. and RBC Dominion Securities Inc.
Legal Disclaimer *
All RBC Direct Investing clients pay $9.95 flat CDN or U.S. per equity trade with no minimum account balance or trading activity required. $6.95 flat CDN or U.S. per equity trade when you trade 150 times or more per quarter. This pricing only applies to trades placed through an available Automated Service (as such term is defined in RBC Direct Investing's Operation of Account Agreement), including the online investing site and mobile application. Additional terms and conditions apply. Visit Pricing(commissions, fees and interest rates) or call 1-800-769-2560 for complete details.