If you’re an Avion RewardsLegal Disclaimer footnote 1 member and you have an eligible RBC Direct Investing account, you can use your Avion points to pay for trade commissions or make cash contributions. Redeeming points is easy!
Use points to pay for online and mobile trade commissions, including stock, exchange-traded fund (ETF) and options trades placed on Canadian and U.S. exchanges, in Canadian or U.S. dollars.
Grow your savings by using your points to make cash contributions to your self-directed RRSP, TFSA, RESP, FHSA or non-registered cash or margin account.Legal Disclaimer footnote 1
See It in Action:Transferring Avion Points into Your Account >
Here are three ways to start earning Avion pointsLegal Disclaimer footnote 2:
No setup is required if you have an eligible RBC Direct Investing account and you’re earning Avion® points. You can use Trade with Points™ as long as you have enough Avion points available.
You can use Trade with Points™ for orders placed through the RBC Direct Investing Online Investing platform and the RBC Mobile appLegal Disclaimer footnote 4. Trade with Points is not available for orders placed through the Trading Dashboard or with an Investment Services Representative.
The number of Avion® points needed to place a trade will vary depending on the equivalent dollar commission for that trade. To give you an idea of the conversion rate, you will need approximately 1,200 Avion points to place an equity trade that costs $9.95 Canadian.Legal Disclaimer footnote 5Learn more about pricing >
Avion® points can be used to pay your commissions for online equity and options trades on the following personal Canadian and U.S. registered and non-registered accounts:
The Canadian dollar equivalent (in Avion points) of the commission amount will be redeemed for U.S. dollar trades.
Please note that a trading authority or power of attorney cannot redeem Avion points on your behalf.
Trade with Points™ is not available for:
Avion® points earned from the following Avion Rewards credit cards can be used:
Trading with Points is one of the many benefits RBC clients enjoy at RBC Direct Investing.
You're Protected. Get 100% reimbursement for any unauthorized transactions conducted through the Online Investing platform or the RBC Mobile app.See the Guarantee
Value Program Eligible Banking accounts:
RBC Personal Deposit Accounts
RBC Personal Credit Cards
Personal RBC investment products
RBC installment loans, lines of credit and home equity financing