RBC launches new tool to summarize customer savings, rewards, on mobile app

Called The Vantage Snapshot, it's available to customers with an eligible bank account

RBC customers with an eligible bank account now have access to a new tool called The Vantage Snapshot.

The tool offers a summary of savings and reward points accrued in the mobile app. The feature builds on the bank’s everyday offering, RBC Vantage, which allows customers to earn rewards points on debit purchases and monthly fee rebates.

“The Vantage Snapshot is part of our commitment to continuing to enhance our everyday banking offering while giving our clients the opportunity to receive more value and benefits every day,” Jason Storsley, RBC’s senior vice president of everyday banking, told MobileSyrup.

“By seamlessly integrating the Vantage Snapshot into the RBC Mobile app, we’re able to easily demonstrate the value that our clients receive from their day-to-day banking activities while fostering digital engagement at the same time,” he said.

An example of what the new tool looks like. Image credit: RBC

RBC Vantage launched in April 2021 on select debit accounts. Storsley says account holders need to enroll in the value program within RBC Vantage to earn reward points through their debit purchases. Since its launch, 1 million customers have enrolled in the program.

It’s one of the bank’s investments to improve client relationships, Storsley said. “The innovations that we’ve built, combined with all of our existing assets, truly offer our new and current clients a differentiated and seamless banking experience in the market today.”

The Vantage Snapshot will appear on eligible accounts that have collected $2 in savings or earned points. More information is available on RBC’s website.

Update 14/03/2022 3:20pm EST: The article has been edited to clarify the use of The Vantage Snapshot.

Image credit: Shutterstock