We have yet another newcomer in the already saturated credit card market here in Canada! The recently revamped moi program now has its own co-brand card issued by RBC. This no annual fee card will earn moi points and also provide a lot of the same benefits seen across the entire RBC credit card portfolio.
moi RBC® Visa‡ credit card Details
Let’s look at what this new card offers!
Welcome bonus
New cardholders will receive 3,000 points when they make their first purchase on the card. This bonus is worth $24.
Earn rates
The new card will earn points as follows:
- 2 points per dollar on qualifying purchases made at participating Metro, Première Moisson and Brunet stores in Quebec, and at participating Jean Coutu stores in Quebec, Ontario and New Brunswick by swiping your Moi card and paying with your moi RBC Visa credit card
- 2 points per dollar on dining, gas and EV charging purchases
- 1 point per dollar everywhere else on all purchases
You’ll also earn your standard 1 point per dollar for showing your Moi loyalty card.
Redemption
The points earned on the card can be redeemed at checkout anytime with your Moi card at nearly 900 Metro, Super C, Brunet and Première Moisson stores in Quebec and Jean Coutu stores in Quebec, Ontario and New Brunswick.
The rewards when you checkout anytime run at 500 points to $4. This works out to 0.8 cents per point.
Insurance
The card offers purchase security insurance, extended warranty and mobile device insurance
RBC Benefits
Like all RBC cards this card will receive the Petro-Canada benefit of 3 cents off per litre when you use it to for gas, it has the 10% discount at Lowes and Rona plus it will receive RBC Offers. Click here to learn more about RBC offers
Wrapping it up
The newest co-brand card in Canada finds itself amongst big competition in the no annual fee category and I feel it falls somewhere in the middle of the pack. Its return of 0.8% to 1.6% on spending isn’t too bad. Some no fee cards are as low as 0.5% but others are as high as 2%. The card should make some in-roads primarily in the Quebec market where the Moi program has the biggest presence. Is it strong enough for some people to switch cards, probably not but I could see people adding it to their wallets just for the 2x points earn at the stores participating in the Moi program.