Terms and Conditions

Visa^‡ Business Platinum Avion^®

1)RBC Rewards points are earned on net purchases only; they are not earned on cash advances (including RBC Royal Bank credit card cheques, balance transfers, cash-like transactions and certain bill payments), interest charges or fees, and credits for returns and adjustments will reduce or cancel the points earned by the amounts originally charged.

2) Subject to availability. Some restrictions may apply.

3) Avion Air Travel Reward redemptions from the Avion Air Travel Redemption Schedule start at 15,000 points for a round trip short-haul flight in economy class with a maximum ticket price of $350. All applicable taxes, service fees and surcharges are the responsibility of the traveller. For more details, including guidelines on redeeming for business class seats, visit www.rbcroyalbank.com/cards/rbcrewards/avion_booking . For general redemption terms, conditions and restrictions that apply to the RBC Rewards program, please visit: www.rbcrewards.com or call 1-800-769-2512.

4) To receive the 15,000 bonus RBC Rewards points, your application form must be received by December 31, 2012 and approved by us. Upon enrolment, 15,000 bonus RBC Rewards points will appear on your first credit card statement. Additional cardholder(s), as well as existing RBC Royal Bank Visa Business Platinum Avion cardholders as of the offer eligibility period are not eligible for this offer. This offer may not be combined or used in conjunction with any other offer.

5) RBC Rewards points will be cancelled if they remain unredeemed within ninety (90) days after the termination of the RBC Rewards program or after you voluntarily close your RBC Royal Bank credit card account.

6) Coverage underwritten by RBC Insurance Company of Canada.

7) Coverage underwritten by Desjardins Financial Security Life Assurance Company.

8) Coverage underwritten by RBC General Insurance Company in the Province of Quebec and by RBC Insurance Company of Canada in the rest of Canada.

9) If the first Visa Business Platinum Avion card on the account is a Business Owner's card and such Business Owner also has a personal Visa Platinum Avion or Visa Infinite‡ Avion card, then the annual fee for the first Visa Business Platinum Avion card is reduced from $120 to $50, each year, as along as the Business Owner remains a personal Visa Platinum Avion or Visa Infinite Avion cardholder.

10) This feature is only available to Business Owners. Supplementary cardholders who also have a personal Platinum Avion card or Visa Infinite Avion card are not eligible to combine points. If there are multiple Business Owners i) combining RBC Rewards points between business and personal Platinum Avion or Visa Infinite Avion cards is only available to one Business Owner, ii) RBC Rewards points from all Business Platinum Avion cards can only be combined into the account of one Business Owner, and iii) only that Business Owner will also be able to combine RBC Rewards points between his/her business and personal Platinum Avion or Visa Infinite Avion cards.

11) All rewards are subject to availability. For complete terms, conditions and restrictions that apply to the RBC Rewards program, please visit: www.rbcrewards.com or call 1-800-769-2512.

^® Registered trademarks of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada.
^‡ All other trademarks are the property of their respective owner(s).