What happened
- $100 cash contribution: 10,000 points (regularly 12,000)
- $9.95 trade commission: 995 points (regularly ~1,200)
- Minimum redemption: 2,500 points (regularly 3,000) This promotion addresses a historical weakness in the Avion program by providing a clean 1-cent escape hatch, comparable to Scene+ or Amex Membership Rewards, but directed into investment accounts rather than statement credits or travel
RBC is running a limited-time promotion allowing Avion Rewards cardholders to redeem points toward contributions in an RBC Direct Investing account at an enhanced rate of 1 cent per point, up from the standard 0.83 cents. This represents a 20% increase in value. The promotion runs until July 31, 2026. Trades must settle by August 4, 2026. Eligible accounts include RRSP, TFSA, FHSA, RESP, and non-registered cash accounts. Key redemption rates during the promo: