 Hello everyone, this is financial author Amit Dhan of Iran Journal. On this channel you will find financial, non-financial and travel videos just like the one you are watching right now. If you like what you see, please give it a thumbs up and consider subscribing. Today I will be unboxing the RBC Rewards Plus Visa Credit Card. Before I start unboxing let me just do a brief review of the RBC Rewards Plus Visa Credit Card. So this is a no annual fee credit card. You don't have to pay anything and it gives you one RBC Rewards Point for each $1 spent on specific categories such as gas, grocery and drugstore purchases and you get one RBC points for every $2 you spend on everything else. Now if you are getting one point for gas, grocery and drugstore purchases that puts you this card in line with the RBC's premium Visa Infinite Avion credit card. For example this one is the RBC Visa Infinite Avion credit card which has an annual $120 fee and this card gives you one point for gas, grocery and drugstore purchases. It doesn't differentiate by any category so you get one point across everything however you are paying $120 annual fee. So the difference between the RBC Rewards Plus Visa card and the RBC Infinite Avion Visa card that for this one which is the RBC Visa Infinite Avion card you are paying $120 per year but for this one which I am about to unbox you do not pay anything. So only difference is for this card you get one points on everything and for this card you get one point on specific category and you have to spend $2 to get one points for everything else. The major difference between these two is that this card you have to pay $120 annual fee and you get lots of benefits and features. For this card the RBC Rewards Plus Visa New Annual Fee card you do not get any special benefits and features. The only free insurance you get is that purchase security and extended warranty insurance. So these are the only two insurance you get for the RBC Rewards Visa Plus card but this card is packed with lots of features and benefits which I am not going to go into right now. So for a free card on those three specific categories which are gas, grocery and drugstore purchases this is an excellent card if you do not want to pay any annual fees and still you would like to collect RBC Rewards points for each dollar on those three categories. Now what happens when you spend one dollar and get one point on three specific categories is that you can actually get 1.5 miles when you convert them from RBC Rewards points to the RBC Transfer Partners RBC has for example RBC Rewards has WestJet Partner, British Airways or Avios, American Airlines, Aegean Airways, Shoppers Optimum and SOExtra. Now I am not interested in any other partners than the British Airways Avios. So let's say because that's where you can get the most value of your dollar spent or most value for each point if you transfer your RBC Rewards points to British Airways Avios when they run the promotion. So usually two times a year or it could be more or less RBC has runs promotion giving you 50% or 30% more points for every 100 points you transfer to British Airways Avios. For example if you transfer 100 points with a 50% bonus promotion you get 150 Avios points and that's a very good deal if you do not want to pay annual fee and if you spend this card if you use this card only for those three specific categories and you wait until RBC runs the promotion and transfer them to the British Airways Avios points then this is as good as just you know having another annual fee trade card but for this one you are not paying any annual fees. Now I haven't done any actual review of either RBC Visa Infinite Avion or RBC Rewards Visa card on my website or on YouTube so which I'll be doing later today just a brief review and let's start the unboxing. Okay so this is a introductory generic letter and it just tells you that you know welcome to the world of more viewers with RBC Rewards Plus Visa card and it gives you all the information you need to know and let's take a look on the other side here you get all the information you need to know about your trade card for example annual interest rates initial trade limit minimum purchase annual fee which is zero and so on. So all this will set aside for now and then here you get the disclosure statement which is related to the trade limit annual interest rate and everything comes along with your trade card. So it just tells you all the details you need to know about your trade card and then here is the RBC Royal Bank trade card agreement. And it tells you how the interest are being calculated your rights and what you get with the card and the risk period and everything else just trying to I'm just looking at this chart and I'm just they're just listing all the cards all the RBC cards and then and the good thing I can mention that even if you have if you get additional card the right here so if you have additional card even that's free as well so you can have one card and additional card and you're not paying anything. Okay that's a long list of features or agreement so just put this right here and this card the only insurance the card comes with is the purchase security and extended warranty insurance. For example the extended warranty it just gives you the additional year of warranty then one year warranty which usually comes with the merchandises you're purchasing for example laptop watch or whatever and the purchase equity insurance covers gives you protects you from accidental physical loss or damage to your personal property or gift purchase with this trade card. So it's not bad to have those two but you know keep in mind that this card doesn't have anything else and then let's take this off okay so here is what it looks like okay so this is looks like this is a nice looking card actually for a free or no annual fee trade card it's a nice looking trade card and it's kind of transparent or see-through on the left side and that makes it even look better. The other card I can think of which has this kind of transparent or see-through feature is the I believe American Express cashback card okay here so this is how it looks like it's a nice looking card without an annual fee okay so put it aside for now okay so again the important highlights no annual fee if you are purchasing on three specific categories gas grocery and pharmacy then you're getting one point for each dollar and when you accumulate those points if you wait until RBC runs promotion to transfer into British areas avios then essentially you can end up getting 1.5 points per dollar spent or 1.3 points if you run if they're running 30% promotion or sometimes they do 50% promotion and so if you wait for that to transfer or convert your points then this is an excellent card for those who do not want to pay any annual fees and I still want to get maximum maximum points for their each dollar spent and the best value you will get among all RBC transfer partners it would be from the British areas avios although there are other partners such as American Airlines, Asian miles, West Chet, Shoppers, Drug Mart and ESO but I wouldn't transfer to anyone else except British areas avios so that's all for today I hope you have found this video helpful and with a lot of information so please give it a thumbs up and don't forget to subscribe my channel that's all for today thank you