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Visa Avion (7/10/00)
FULL STORY:
Canadian frequent flyers can now spread their wings. Royal Bank rolled out
this week the Royal Bank VISA AVION Gold card. The new VISA card will replace
Royal Bank's Canadian Plus VISA card. The launch of Royal Bank VISA AVION Gold
follows the announcement of the merger of Canadian Airlines' Canadian Plus
frequent flyer program with Air Canada's Aeroplan program, effective Jan. 1,
2001. Royal Bank said it has started mailing the new AVION card to existing
clients starting this week to replace all Canadian Plus VISA cards. Until the
December statement, cardholders will continue to earn Canadian Plus points
toward award travel. Cardholders will earn one AVION point for every
one-dollar
purchase charged to their Royal Bank VISA AVION Gold card account. AVION
points
will be automatically converted to Canadian Plus points, one-to-one, until the
December statement. The new AVION Gold card includes a $5,000 minimum line of
credit, as well as instant discounts of up to 25% at over 3,500 Royal
Bank/VISA
Partner retail locations. The card requires an annual fee of $120. For more
information, visit Royal Bank's Web site at
www.royalbank.com.
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