Royal Bank charges $120.00 for their Avion credit card annualy and gives a user $15, 000 points for signing up which sounds great. The catch is this, you get one point for every dollar charged on the card for merchandise from their catalogue but to give one example a Samsung 46" HD LED TV goes for 277, 00 points. So in order to aquire this tv you need to put this much money on your credit card, now maybe a businees owner would but highly unlikely a regular consumer would and could take years.
Sure their is lower points required for other merchandise but I only need so many phones, Ipods and blenders, the better items cost a ridiculous amount of points to aquire.
Another pisser is on renewal you do not get any points for your $120.00, so unless you have already accumulated more then 15, 000 points you might want to canel a reapply in a couple months.
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