Legal Disclaimers
RBC Direct Investing Inc. and Royal Bank of Canada are separate corporate entities which are affiliated. RBC Direct Investing Inc. is a wholly owned subsidiary of Royal Bank of Canada and is a Member of the Canadian Investment Regulatory Organization and the Canadian Investor Protection Fund. Royal Bank of Canada and certain of its issuers are related to RBC Direct Investing Inc. RBC Direct Investing Inc. does not provide investment advice or recommendations regarding the purchase or sale of any securities. Investors are responsible for their own investment decisions. RBC Direct Investing is a business name used by RBC Direct Investing Inc.
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Trademark(s) of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada. Used under licence.
The Avion Rewards program is offered by Royal Bank of Canada and is subject to the Avion Rewards Terms & Conditions. You may only use your Avion points through RBC Direct Investing to: (1) pay for commissions on trades placed online or through the RBC Mobile in Canadian or U.S. stocks, ETFs and options in your eligible RBC Direct Investing accounts; or (2) transfer points to deposit or make cash contributions in CAD to your eligible RBC Direct Investing accounts. It is your responsibility to make sure you have sufficient contribution room within your registered plan when redeeming points for cash in CAD to contribute to your registered accounts and/or when you use your Avion points to pay for commissions on trades placed in Canadian or U.S. stocks, ETFs and options in a registered account. The Canada Revenue Agency may apply tax penalties for over-contributions. RBC Direct Investing is not responsible for any such penalties.
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From February 02, 2026 at 3:00 AM ET to March 02, 2026 at 11:59 PM ET (the “Offer Period”), when you redeem your Avion points to pay for commissions on trades in Canadian or U.S. stocks, ETFs and options that are placed online or through the mobile app in your Eligible RBC Direct Investing Accounts, you may use 995 Avion points for every C$9.95 commission per trade (instead of approximately 1,200 points). During the Offer Period, when you redeem your Avion points for cash contributions to your eligible RBC Direct Investing accounts, the minimum Avion point redemption amount is reduced from 3,000 points to 2,500 points. For this Offer to apply, trades must be settled by March 03, 2026. Terms and conditions apply.
RBC Direct Investing reserves the right, in its sole and absolute discretion, to amend or withdraw the Offer, or to disqualify, limit or revoke the Offer in respect of any RBC Direct Investing client who it determines or believes is abusing or manipulating the Offer.