The Royal Bank of Canada (RBC) appears to be sending out letters to some of its credit card holders offering a bonus for adding authorized users. I received a letter offering 8,000 Shoppers Optimum bonus points. I immediately added my spouse as an authorized user.
I have the RBC Shoppers Optimum MasterCard because I previously held the RBC Visa Infinite Avion, but didn’t feel like paying the annual fee, so I transfer to this Shoppers one. I need to hold onto one RBC credit card to qualify for the multi-product rebate for my chequing account. Keep in mind that RBC now has a rule where you need to use your credit card once every 90 days to continue to qualify for the multi-product rebate.
It’s kind of a pain. If the pain persists, I’ll probably make a switch and take my money out of RBC and use another bank instead, which would be too bad because I had this account since I was born. But I am more than happy to give my business to someone else who is willing to be more competitive.
Below is a list of some of the different known targeted offers that I am hearing about:
- RBC British Airways Visa Infinite = 10,000 bonus Avios miles + $75 fee
- RBC Rewards Visa Gold = 2,500 bonus RBC Rewards points + no fee
- RBC Shoppers Optimum MasterCard = 8,000 bonus Shopper Optimum points + no fee
- RBC Visa Infinite Avion = 5,000 bonus Avion points + $50 fee
- RBC WestJet World Elite MasterCard = 100 WestJet Dollars + $50 fee
What kind of offer did you receive? I would be more than happy to add it to the list!