The RBC Visa Platinum allows holders to use a credit card with no annual fee, as well as save on interest with a promotional introductory interest rate of 5.90% on balance transfers and cash advances for the first 30 months, with no added transfer fees. This card also offers its holders savings of 3c/L on fuel at Petro-Canada, as well as premium insurance coverage. However, cardholders may not benefit from any kind of rewards program, and the interest rate on balance transfers and cash advances goes back to an average rate of 22.99% after the promotional period. If you’re good with paying off your balance in full every month, there are no real costs to this card, and you could benefit from some great savings on interest on balance transfers and cash advances, as well as insurance and savings on fuel, so it could be worth considering as a basic, no-fee card to add to your wallet.

As per our rating system, this card scored 0/25 on rewards, 20/25 on interest rates and balance transfers, 11/25 on perks and insurance, and 25/25 on annual fees. Therefore, the total smart score of this card is 56/100.