Canadians for the most part don’t have the degree of competition in their native frequent flyer programs or amongst their credit card-issuing banks as exists in the U.S. So signup bonuses are generally smaller and rewards tend to be less lucrative.
So it’s exciting when there’s a big bonus that our friends up North can take advantage of, eh?
Through November 30, RBC has brought back a 50,000 point signup bonus for the Canadian version of the British Airways Visa. (Not my link.)
- 15,000 Avios points on approval and 35,000 more after $5000 spend within 3 months
- Earns a companion award ticket after $30,000 spend in a calendar year.
- Unlike the US British Airways card which earns 1.25 points per dollar, this one earns 1 point per Canadian dollar spent
- $165 Canadian annual fee
It’s a hefty annual fee, an regular readers know that Avios points are far from my favorite currency. But the signup bonus is certainly worthwhile and there’s potentially real value in the companion ticket if you view it as buying a discounted, non-mileage earning coach fare and getting a triple upgrade on a first class redemption.