American AAdvantage - Double points on RBC Avion VISA through August 2005

There is no link posted on Royal Bank's website just yet but for those of you out there who can apply for a Canadian credit card this is a great deal. The Avion allowes you to transfer points on a 1:1 basis to AA or BA or use it within their own reward program. If you apply now you get 12,500 sign-up points plus double points on all purchases through August 2005.

For US customers who can come up with a way to qulify for this card and have the knowledge and patience to play the foreign-exchange market its not impossible to profit off using a CAD$ card for USD$ purchases. Keep in mind you get one point for every CAD$ spent or about $.77USD - in other words roughly 1.23 points per USD$ depending on the FX rate.

Updated to add link:

http://www.rbcroyalbank.com/avionvisa

Nice deal for our Canadian neighbors, Youponder! ^

There is no link posted on Royal Bank's website just yet but for those of you out there who can apply for a Canadian credit card this is a great deal. The Avion allowes you to transfer points on a 1:1 basis to AA or BA or use it within their own reward program. If you apply now you get 12,500 sign-up points plus double points on all purchases through August 2005.

For US customers who can come up with a way to qulify for this card and have the knowledge and patience to play the foreign-exchange market its not impossible to profit off using a CAD$ card for USD$ purchases. Keep in mind you get one point for every CAD$ spent or about $.77USD - in other words roughly 1.23 points per USD$ depending on the FX rate.

Updated to add link:

http://www.rbcroyalbank.com/avionvisa

Hmmm.... I see on their site that it is 10,000 points (miles) for signing up... not 12,500 and there is a $120 CAD yearly fee. To transfer the points into AA miles, it can only be done in batches of 10,000 points (http://www.rbcroyalbank.com/cards/rbcrewards/travel/air_avion.html#b). Still not a bad offer though.