Royal Bank charges $120.00 for their Avion credit card annualy and gives a user $15, 000 points for signing up which sounds great . The catch is this, you get one point for every dollar charged on the card for merchandise from their catalogue but to give one example a Samsung 46" HD LED TV goes for 277, 00 points . So in order to aquire this tv you need to put this much money on your credit card, now maybe a businees owner would but highly unlikely a regular consumer would and could take years .
Sure their is lower points required for other merchandise but I only need so many phones, Ipods and blenders, the better items cost a ridiculous amount of points to aquire.
Another pisser is on renewal you do not get any points for your $120.00, so unless you have already accumulated more then 15, 000 points you might want to canel a reapply in a couple months .