To stimulate local economies across
Canada, RBC Rewards gives clients
double the points at restaurants and 30% more value when they
redeem points for gift cards or pay with points
in-store
TORONTO, June 29, 2020 /CNW/ - This Canada Day, Royal
Bank of Canada (RBC) is helping to
stimulate growth in local economies through Points for
Canada, a new RBC-funded
campaign that gives RBC Rewards clients the opportunity to enjoy
significantly more value when they shop and dine at businesses
across Canada.
"We know the last three months have been extremely difficult for
business owners in Canada as the
majority experienced a significant loss of revenue due to the
pandemic," said Neil McLaughlin,
Group Head, Personal & Commercial Banking at RBC. "Throughout
COVID-19, we have supported clients and businesses through a
variety of relief programs and we're proud to build on that
commitment by now focusing on ways we can help stimulate growth in
local economies across the country. Through Points for
Canada, we're pleased to be
able to help our Canadian clients receive more value from their
points and help them support local businesses in their
recovery."
During the month of July, RBC personal and business clients who
pay using their RBC Rewards credit card, including the
market-leading RBC Avion travel cards, earn 2x RBC Rewards points
at restaurants across Canada
(opt-in required), and at Petro-Canada from July 15 to July 21 (no opt-in required). In
addition, RBC Rewards credit card clients save 30% when they redeem
their RBC Rewards points to purchase select gift cards from their
favourite Canadian brands, including the RBC Visa Prepaid Card
which can be used to shop locally. RBC is also providing clients
with 30% more value when they redeem their RBC Rewards points by
using Pay In Store with Points at retailers across Canada.
Points for Canada is
just another step in RBC's journey to support the recovery of
businesses across Canada and local
economies. In the coming weeks, RBC will be unveiling additional
offers and programs designed to get Canadians engaged in supporting
small and local businesses across the country.
To learn more about Points for Canada and for a list of participating
brands, clients can visit www.rbcrewards.com/pointsforcanada.
About RBC
Royal Bank of Canada is a global financial institution with
a purpose-driven, principles-led approach to delivering leading
performance. Our success comes from the 84,000+ employees who bring
our vision, values and strategy to life so we can help our clients
thrive and communities prosper. As Canada's biggest bank, and one of the largest
in the world based on market capitalization, we have a diversified
business model with a focus on innovation and providing exceptional
experiences to our 17 million clients in Canada, the U.S. and 34 other countries. Learn
more at rbc.com.
We are proud to support a broad range of community initiatives
through donations, community investments and employee volunteer
activities. See how at rbc.com/community-social-impact.
SOURCE RBC Royal Bank