RBC gives customers the option to redeem points for Apple products

Ian Hardy

January 30, 2016 9:00am

Lining up for the latest Apple device is still a common practice, though, with the launch of the iPhone 6 and iPhone 6s, the massive queues of a few years ago have dwindled due to the company’s new reservation system.

In an effort to make the purchasing process even easier, RBC has forged a partnership with Apple that allows customers to skip the line and use reward points for discounts on various Apple products.

RBC notes that customers who have signed up for the company’s rewards program can use points, or a combination points and a credit card, to purchase Apple products such as the iPhone, iPad, Apple Watch or Macbook, from RBC Rewards’ website on the same day Apple launches a new device.

The number of points you have depends on what type of RBC credit card you own. For example, the bank’s Visa Infinite Avion and Signature RBC Rewards Visa grant one RBC Rewards point for each $1 spent, and both have an annual fee attached to them. The Gold Visa card has no annual fee, but gives one RBC Reward point for each $2 spent.

Source RBC
  • Skippypaccino

    Wolf’s always find new ways to trick sheep into diner. Lol!

    • gommer strike

      No, think of it this way(and this is true with any point system, be it airmiles or anything you can think of).

      Since you’re *already* spending money – why not take advantage of it? So let’s say you hate Apple products like a foreign religion. That’s fine. So use those points, take the free Apple product, and resell it on Craigslist.

      Regarding of how you might feel about the brand – you can put aside your hatred and smile at the $800+ free profit sitting in your pocket. What’s not to like?

    • It’s Me

      For some, all they have is the hate.

    • Mo Dabbas

      I was thinking to get the iPhone 6 last year (apple products has been there on RBC rewards since last year). but then when I did the numbers (if I remember correctly) I found it was less points if you get 4 $250 Best buy cards and then buy the iPhone.

      Ended up spending my points on Canadian tire and esso gift cards which I used to buy tires and gas for my car. lol. I know irrelevant but it saved me a good chunk of money.

    • Skippypaccino

      You’re preaching to the choir… I do the same thing with my Sony MC… I’ve gotten ear buds, ps3, mirrorless camera, launch PS4 and many more things with my points card. No annual fee and 1% of all my purchases in points (which is better than 0.65%)

      As far as points card go this card is pretty middle of the line. You’re having to spend over 3000$ just to even out the yearly fee…

  • Eluder

    This has been around for a while, used my points before Christmas for an Apple watch; it shipped directly from Apple online even.

  • jclowater

    Looks like around 65 cents per point if my calculation is correct. iPad mini 4 is 67,539 Points or $439.00.

    My 30,000 points would give me almost $200 towards my next phone. Not bad.

    • DonatelloNinjaTurtle

      If you were getting 1 point for 1 dollar spent, that actually sounds pretty terrible. Would be a 0.67% cash back rate.

    • jclowater

      It is primarily a travel card. I have never calculated the equivalent cash back rate for travel. I think you are right. Straight cash back cards are probably better.

  • TheShinraCorp .

    I suppose that’s one way to attract folks… but I think I’ll stick with Desjardins and their BONIDollars. It helps pay the bills lol.

  • Wilfred Yung

    whats new, CIBC Aventura rewards and previously the Aeroplane program has always allowed you to use reward points and or combination of credit card + points

  • Wilfred Yung

    actually CIBC still has Aeroplan program, and also TD bank Interesting…

  • Brad Fortin

    Just give us Apple Pay already!

    • cartfan88

      I just used my G4 to tap and pay at McD’s and the guy at cash asked me “did you just pay with your phone? Whoa”…. To which I replied ” yep”

    • Brad Fortin

      And I use my watch at Timmies, but that’s not the point.

    • Poda

      And I did this for 3 years with my Blacberry 10. 🙂

    • Brad Fortin

      Ah, another graduate from the school of Missing The Point.

    • It’s Me

      Yeah, same experience at Starbucks. One girl was beaming “I had no idea that was possible!”. A week later when I said I’d pay with my phone the guy wanted to scan it with the bar code reader. He was surprised it was a tap and pay payment.

    • cartfan88

      Yeah I thought I was late to the game because on Fido nothing worked because they don’t have NFC enabled simcards…but with the RBC wallet…it doesn’t need it. Comes in handy if you forget your wallet…which is what inspired me to get signed up. It’s pretty much just a mobile enthusiast thing right now I guess?

    • Mo Dabbas

      oh cool, I didn’t know RBC has this now. I just googled it and I’m downloading the app now.
      Is there any specific requirements other than an NFC enabled phone??

    • cartfan88

      Yes, you need either an RBC debit card or an RBC Visa card. I signed up for the ESSO Visa as it was no fee and the points are decent. Once you have your card and online access you are good to go! On the phone side NFC and Kitkat or higher.

    • It’s Me

      Yeah, I guess just enthusiasts for now, so the clerks haven’t seen it much. If the carriers banks hadn’t screwed up mobile payments for so long it would probably be much more common.

    • cartfan88

      If it was (solely) the carrier or banks we would have a pack of 10 mobile payments for $3.95 a month, waived only if you have a plan over $100 or $10,000 minimum balance.

  • Tom Adams

    Convert rbc points to esso extra. Use esso extra points to buy best buy gift card. Use best buy gift card to buy apple products. This is how to get the best value

    • jclowater

      Or just go directly from RBC points to Best Buy card?

    • Tom Adams

      Nope. Rbc it cost 3500 points for a $25 gift card. With esso it costs 3000 points AND when you convert your rbc points to esso it’s better than a 1:1 point conversion so it’s far far better to convert to esso and then buy the gift card

    • jclowater

      You are right it is better. rbc 2700 pts = esso 4500 points = best buy $25.

  • DonatelloNinjaTurtle

    Are any of the credit cards where you build points really worth it over straight cash back? Seems like theres much better options than these RBC Visas.

    • thefoolishone

      if you’re creative with 4% cash back cards at grocery stores, you can make away like a bandit.

  • Mo Dabbas

    This has been like this for the past year guys.

    Is anybody at mobile syrup was just using their points and found out about it??

    I personally use my points to buy esso gift cards. I always pay gas with those gift cards. You end up saving a lot on gas that way.