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How to book a flight with RBC Avion Rewards points

One of the options for redeeming Avion Rewards credit cards is to use your points towards airfare anywhere in the world. Here’s how this works for a fixed-point exchange .

RBC Avion Rewards Points

There are several RBC Avion Rewards credit cards. The one used for this example is the RBC Visa Infinite Avion Card .

With this offer for the RBC Avion Visa Infinite Card, you can earn 35,000 Avion points upon approval . No purchase necessary!

You can use your Avion Rewards points for travel or redeem them with other loyalty programs such as :

• American Airlines AAdvantage
• British Airways Executive Club (and Qatar Airways Privilege Club)
• Cathay Pacific Asia Miles
• WestJet Rewards

The current welcome offer, for example, gives you the equivalent of 35,000 British Airways Avios or 350 WestJet Dollars .

With the RBC Avion Visa Infinite Card, you earn 1 point per dollar and 1.25 points for travel purchases.

What’s more, you’ll benefit from a wide range of insurances: trip cancellation and interruption insurance, out-of-province or out-of-country emergency medical care insurance, collision and damage insurance for rental vehicles, and mobile device insurance.

RBC Avion Rewards points can be used to travel anywhere in the world with a round-trip ticket. A one-way trip requires half as many Avion points. Here is the airfare table for a round-trip flight:

On average this equals about 2 cents per Avion point .

How to Book an Airline Ticket with RBC Avion Rewards Points

With 35,000 Avion points, I could afford a plane ticket to Canada or the United States.

From your RBC Online Banking profile, click on the blue Avion Rewards button.

Then, on the Trips page, click on Book a Trip .

Avion Rewards acts like a travel agency. Generally, the prices are the same as the ones found on the sites of the carriers and tour operators.

Its search tool allows you to use RBC Avion Rewards points to book :

• A car rental
• Hotel stays
• Or Vacation Packages

After entering your desired dates and destinations, the results will be displayed. On the left, there is a filter for options.

In this example, the non-stop and no change fee options are selected.

35,000 points can be redeemed on a flight costing up to $750.

In this example, I have chosen a higher class. This exceeds the $750, the remaining balance is added to the taxes and fees.

In my case, the same flight cost about $1,000 on the Air Canada website. This equates to 2.14 cents per point , ($750 divided by 35,000 points) which is excellent!

On the checkout page, RBC shows the points required to book this airline ticket. Any remaining point balance can be used to reduce the tax and fee balance.

For example, 90 points were used to lower the balance by 90 cents. The rest is to be paid with a credit card.

Enter the traveler’s information and make the payment.

An email from RBC Avion Rewards will be sent moments later to confirm. A few minutes later (or a few hours for some), the airline will send confirmation in a separate email. All the details will be there, including the reservation number.

How to Manage an Airline Ticket Purchased with RBC Avion Rewards Points

The booked trip can be found in the My Trips section of the RBC Avion Rewards portal. A link redirects you to the airline’s website.

You will be able to link this reservation to your frequent flyer profile. Here I entered my Aeroplan membership number.

Since I had taken the Comfort fare on Air Canada, I was able to choose a Prefered seat at no charge. This must be done directly on the Air Canada website.

Please note that to change or cancel a flight purchased through the RBC Avion Rewards portal, you must call the RBC Travel Centre directly at 1-877-636-2870.

The airline will not be able to do anything on their end and they will refer you to RBC. Any changes have a cost of $25 for each ticket .

There is also the option to chat with a virtual agent on the RBC site in the Help section.

In addition, if you have eUpgrades with Air Canada, you have the option to apply them at check-in 24 hours prior to your flight.

When your flight is completed, points and qualifications are deposited into your account based on the fare booked.

For example, the Comfort rate booked through RBC gave :

• Aeroplan Points

This counts towards your Aeroplan Status .

Here are other ways to use RBC Avion points .

Another way to redeem RBC Avion Rewards points for travel

Occasionally, the Avion Rewards site may experience technical difficulties or your flight may not appear in the search results.

At that time, call Avion Rewards Customer Service at 1-800-769-2512.

• Get an authorization number to book the flight you want (mandatory);
• Book your own flight directly on the desired airline’s website;
• Send an e-mail to [email protected] with your authorization number obtained earlier from Customer Service, your name, the number of tickets reserved, proof of purchase and itinerary details.

Avion Rewards will then deduct the required points from your RBC Rewards points account to credit the cost of your airline tickets, according to their airfare table.

All posts by Caroline Tremblay

Suggested Reading

The Ultimate Guide to the Avion Rewards Program for Canadians

By Meagen Seatter | Published on 24 Jul 2023

When it comes to credit card reward programs aimed at travellers, Aeroplan is likely the first to pop into most Canadians’ minds. However, the Avion Rewards Program might be more attractive if you primarily travel within Canada. Avion points are easy to collect and redeem for travel rewards, merchandise and more. Members can even transfer their points to other airline loyalty programs.

Avion Rewards are exclusively available to RBC customers, so it’s not as well-known as Aeroplan or Air Miles. Here, we’ll break down how the Avion Rewards Program works, discuss point value, and reveal what kinds of rewards are available to point collectors.

What is the Avion Rewards Program?

The Avion Rewards Program is a reward program owned and operated by the Royal Bank of Canada. It is sometimes referred to as RBC Rewards, an RBC loyalty program previously offered to non-Avion credit cardholders but no longer exists. RBC Rewards was renamed ‘Avion Rewards’ on August 25, 2022.

Cardholders can join Avion Rewards if they hold a select RBC Avion credit card. Travel rewards, discounts at partner retail stores, and using your points to bank with RBC are just a few features that make RBC Avion credit cards a great choice for Canadians, especially those who love to travel.

The program has two tiers; Avion Premium and Avion Elite. RBC ION credit card holders are at the Premium level, while RBC Avion cardholders have access to the Elite level. For this article, we will focus on Avion Elite, which gives members the option of redeeming their points for travel rewards.

How The Avion Rewards Program Works

The major difference between the two tiers is how collectors can redeem their points. Cardholders of either tier can trade Avion Reward points in for WestJet Dollars or Hudson Bay Rewards . Avion Elite Rewards collectors, on the other hand, have access to the Avion Reward Travel Center. Here, members can cash in a set number of points for flights worldwide. Different regions require a different amount of points. For example, a quick trip to an adjacent province or state requires just 15,000 RBC Avion Reward points, while a getaway to a European destination requires 65,000 points. Holidays to far-flung destinations like Australia or the Pacific Islands cost 100,000 points.

Here’s a quick peek at RBC’s Air Travel Redemption Chart:

The number of points required to travel is set by region and covers a maximum base fare only. So, for example, if you want to travel from Alberta to British Columbia, you can cash in 15,000 points for a ticket that costs up to $350, excluding taxes and fees. If a ticket costs more than that, you’ll have to pay out of pocket or cash in more reward points. Also, taxes, surcharges, and other fees charged by the airline that are not included in the exchange rate will have to be paid either out of pocket or you can use the ‘Pay with Points’ option and cash in your Avion Rewards points at an exchange rate of 100 points = $1 CAD.

While on the surface, it may seem like the Avion program doesn’t provide good value (after all, your ticket from Alberta to B.C. costs 15,000 points even if it costs less than $350, too), one major advantage to the program is that it lets collectors travel on any airline, anytime. Unlike other reward programs that blackout peak travel times or place other limits on when you can use your travel rewards, with Avion Rewards, there are no black-out dates or seat or airline restrictions. Plus, rewards aren’t limited to airline tickets; you can use your points like cash to pay for any travel-related expenses, including hotels, car rentals, and even taxes and fees. Points are converted at a ratio of 100 points for $1 CAD. Avion points can also be converted to West Jet Dollars at the same conversion rate.

Are Avion Points Valuable?

The value of Avion Reward points depends on how you use them. If you can find a flight that falls within the sweet spot of Avion’s flight redemption schedule, points hold more value than if you were to convert them to West Jet Dollars or pay with points as cash. The flight redemption schedule can make Avion Reward points incredibly valuable – up to 2.33 cents per point if you can find a ticket that falls within the right price range – it can also have the opposite effect if you can’t find a reasonably priced ticket to where you want to go when you want to travel.

That brings us to the second, and arguably the most valuable, difference between Avion’s two tiers. Avion Elite members can also trade their Avion Reward points for points with 3 other frequent flyer programs:

• American Airlines AAdvantage
• Cathay Pacific Asia Miles , and
• British Airways

This handy feature greatly expands the range of destinations collectors can visit with Avion Reward Points. That flexibility alone adds value to the program, even if transferring them gives them a lower monetary value than they have using the Avion grid.

Avion points can be traded for British Airways and Cathay Pacific Asia Miles at a ratio of 1:1. The exchange rate for Avion Rewards to AAdvantage points is 10:7. Still, being able to transfer points to a different rewards system is a major advantage of the Avion Rewards Program, especially for Canadian travel hackers looking to stretch the value of a point as far as it can go.

The bottom line is that Avion points can be very valuable when leveraged correctly. However, their value changes depending on where you’re travelling. Long-haul flights within Canada typically yield the greatest return. For shorter flights, the value is almost on par with Avion’s travel purchase exchange rate of 1 cent per point. Collectors must do a little research before booking to get the highest value from their points.

How To Transfer Points

The flexibility to transfer points to other reward programs is one of the best features of the Avion Rewards Program. To complete a transfer, you’ll need to sign in to your RBC Online account. Underneath your account information, click ‘Avion Rewards’, and you’ll be taken to the Avion Rewards page.

At the top of the screen, you’ll see a row of options. Click ‘Transfer,’ and you’ll be shown a list of all of Avion’s available transfer partners. Simply click the program you want to transfer your points to and allow 4 weeks for the transfer to complete.

Ways to Collect Avion Points

The only way to accumulate Avion Reward points is with an RBC Avion credit card. For every $1 charged to your card, you’ll get between 1 and 1.25 Avion Reward points. Qualifying purchases earn extra points, and new cardholders will get bonus points just for being approved. There are 6 Avion Rewards cards available through RBC to choose from, but we’ve compared their best credit cards in the next section. All 3 are currently offering a welcome bonus of 35,000 welcome Avion Reward points.

Top 3 RBC Avion Credit Cards

Rbc avion visa infinite.

The RBC Avion Visa Infinite card earns you 1.25 Avion points per dollar spent on all travel-related purchases and 1 point per dollar spent on everything else. This card is by far the best travel credit card on the list. Although the annual fee of $120 is steep, the features (like 12 types of comprehensive insurance, including travel and mobile phone coverage) are well worth the cost, and it has reasonable income requirements.

RBC Avion Visa Platinum

The RBC Avion Visa Platinum credit card is very similar to the Avion Visa Infinite, but if you don’t make a lot of travel purchases, this one might be a better fit. It also doesn’t have any income requirements, so it’s a good option for part-time or freelance workers. With this card, you’ll earn 1 Avion point for every dollar spent on all purchases.

RBC Avion Visa Infinite Privilege

The RBC Avion Visa Infinite Privilege card has the highest earning potential of the 3, with 1.25 points on all purchases. However, at $400 per year and a minimum income requirement of $100,000, it’s also the most expensive RBC Avion credit card on this list and slightly out of reach for the average Canadian. However, by shelling out for this card, you’ll be rewarded with some lofty perks like a free Priority Pass membership and 6 free airport lounge passes, dedicated parking at Canadian airports, priority service at airport security, and extensive insurance across a range of categories. You’ll also be able to redeem your Avion Reward points for travel expenses at a rate of 100 points = $2 CAD.

Ways to Redeem Avion Reward Points

There are a number of ways to redeem your Avion Reward points, including travel rewards, credits for travel-related expenses, banking, and shopping.

To redeem your points for travel, you’ll first need to sign into your RBC account. Navigate to the Avion Rewards tab to be taken to the Avion Rewards homepage, where you can redeem points for flights, hotels, vacation packages and more. You can also book travel through the Avion Rewards Travel call centre, but a $30 fee applies to all bookings.

If you want to convert your points and redeem them through a different reward program, you’ll need to navigate to the ‘transfer points’ section of the Avion Rewards home page. Follow the prompts to make the transfer to your selected airline program. After the conversion is complete (which can take up to 4 weeks), you’ll redeem points through the airline program’s website.

Avion Elite members can make credit card payments, pay back purchases with points, and use points to pay other eligible bills like the Internet and TV. Points can also be used to send Interac e-transfers, pay down loans and invest with RBC.

Using the Avion Rewards website, app, the RBC Rewards homepage, or the RBC Launch app, you can use your points to purchase products from brands such as Apple, Best Buy, Dyson, and more, either in-person or online. There is also a browser extension called Avion Rewards ShopPlus that automatically searches the web and finds deals suitable for you.

Additionally, you can use your points to purchase gift cards from partner retailers like Amazon, Petro-Canada and Lululemon or donate them for cash value to charities like Ronald McDonald House or the Canadian Olympic Foundation.

Meagen Seatter

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How to redeem Avion Rewards points for financial rewards

When logged into RBC Rewards, if you look under the Shop & Redeem menu, you’ll see there’s an option to use your points for RBC financial rewards. Assuming you have financial products with RBC, you can use your points for the following:

• Add to your existing investments
• Mortgage payments
• Repayment to your line of credit.

It takes 12,000 RBC points to get $100 in financial products which gives you a value of .83 cents per point. At first glance that may seem like a lot, but think about the long term. With mortgage and line of credit payments, you’re basically paying off your loan earlier which you immediately save on the interest. If you’re adding to your investments, you can take advantage of  compound interest  which could make your redemption very valuable in the long run.

If you use your points for a financial reward that’s put towards your  RRSP , you could also get a tax break. Putting in your  TFSA  would allow you to invest with tax free gains. It’s a win-win situation, but you won’t see the reward for many many years.

Redeeming Avion Rewards points for merchandise, statement credits, and charitable donations

The final three redemption options for your RBC Rewards points are merchandise, statement credits, and charitable donations. Although the RBC Rewards merchandise catalogue is quite large and there are some quality products available, the number of additional points required for the value is not worth it at all. I would advise avoiding using your points for merchandise. That said, there are occasionally discounts on merchandise redemptions, so sometimes the transactions aren’t a terrible deal.

Using your points for a statement credit is an even lower value. It takes 17,200 points to get $100 off your statement. That means your points would be worth .58 cents per point. Unless you’re facing financial difficulties, you’re better off redeeming your points for anything else.

RBC Avion points   transfer partners

I love programs that let you convert points to other loyalty programs since it adds flexibility and value. Avion Rewards has one of the most extensive and valuable lists of conversion partners when it comes to Canada’s bank travel reward programs. American Express Membership Rewards is better, in my opinion, but RBC Rewards isn’t far behind.

Here is the list of programs you can convert Avion points to, but note that except WestJet Rewards, only Avion cardholders can transfer their points to the following partners:

• WestJet Rewards : 1,000 RBC points = $10 WestJet dollars
• Hudson’s Bay Rewards : 1,000 RBC points = 2,000 HBC Rewards points (worth $10 at Hudson’s Bay)

If you are an Avion cardholder you can also benefit from these conversion options:

• American Airlines : 10,000 RBC points = 7,000 AAdvantage miles
• Cathay Pacific Asia Miles : 10,000 RBC Points = 10,000 Asia Miles
• British Airways : 10,000 RBC points = 10,000 Avios miles

It’s hard to put an exact value on airline miles since there are so many variables, but generally speaking, their value is around a minimum of 1.5¢ per mile for economy tickets. Often you can get double the value if you’re booking in business class. That said, WestJet Rewards uses a dollar system, so they have a fixed value.

It’s a good idea to log into RBC Rewards often since they have many redemption promotions throughout the year, which boost your points’ value. In addition, RBC Rewards had a few transfer bonuses (10% to 30% bonus points) for Westjet, Asia Miles, British Airways Avios Miles, and American Airlines AAdvantage Miles. That meant you got extra value when transferring your points to a partner.

Of particular interest is how you can transfer your points to WestJet dollars. Nothing stops you from holding an RBC Avion card and the RBC WestJet World Elite Mastercard. Both cards come with good sign up bonuses so you could quickly rack up those WestJet dollars. For example, the RBC Avion card typically has a welcome bonus of 15,000 points which can be transferred to WestJet for $150 WestJet dollars. The WestJet RBC World Elite Mastercard’s standard bonus is $250 and a companion voucher. When you combine the two, you’ll have $400 in WestJet dollars without having to spend much. No purchase is required to get the bonus with the Avion card, and you only need one purchase with the WestJet Card.

Do RBC Rewards points expire?

There’s a lot of conflicting information out there about when RBC Rewards points expire. I have confirmed that  RBC Avion points don’t expire  as long as you have an active eligible RBC Royal Bank credit card. If you cancel your card, you have 90 days to redeem them before losing them. The first-in, first-out rule you may have read about online is an old outdated article. RBC really needs to delete that page. If you’re unsure when your points expire, you could always call customer service to confirm.

How RBC Avion compares to others

RBC Avion Rewards is easily one of the best travel loyalty programs of Canada’s big five banks. There are many reasons why I rank RBC Rewards so high, including:

• No blackout dates
• No minimum number of points to redeem
• A fixed points flight program
• Many transfer partners to convert points to
• Many promotions for redemptions
• Value of points

In my opinion, RBC Rewards is only second to  American Express Membership Rewards . American Express holds the first place because RBC Rewards lacks an option to book travel on your own (you can only book through their portal) and because RBC Rewards credit cards don’t really have any increased earn rates which limit how fast you can earn points. You can also read my reviews of  CIBC Rewards ,  BMO Rewards ,  TD Rewards  and  Scene+  to see how RBC Rewards compares.

How to earn RBC Avion Rewards

To earn RBC Rewards, you must have a credit card account that earns you RBC Rewards. As you can imagine, the easiest ways to earn points are via credit card sign up bonuses and everyday purchases you make on your RBC Rewards credit card. Currently, there are six personal credit cards and two business credit cards that will earn you RBC Rewards points. To make things a bit complicated, RBC Rewards has two tiers of RBC Rewards points: regular and Avion RBC Rewards points. Points from an Avion account have more redemption options, and these options are the most valuable ones. With this in mind, the RBC Visa Infinite Avion card is arguably the best card to earn Avion points and is one of the  best RBC credit cards .

RBC Avion Visa Infinite Card

• $120 annual fee
• 35,000 Avion points on approval
• Earn 1.25 Avion points for every $1 spent on travel purchases
• Earn 1 Avion point per $1 on all other purchases
• Comprehensive travel insurance
• Mobile device insurance up to $1,500

The sign up bonus for new cardholders is typically 15,000 points which isn’t much compared to some of the  best travel credit cards in Canada . That said, the  RBC Visa Infinite Avion Card  often has promotions where the welcome bonus is 25,000 – 35,000 points, and the annual fee for the first year is waived. Whenever a promo like that comes around, it’s worth signing up for the card.

The earn rate of 1.25 points per $1 spent on travel is decent, while the 1 RBC Reward point earned per dollar spent on all other purchases, including bill payments, is pretty common. Here’s something that many people don’t realize. You don’t need to make any purchases to get the bonus. The terms and conditions say you get it after the first statement.

Another little-known trick is that you can  switch  from the RBC WestJet World Elite Mastercard to the RBC Visa Infinite Avion Card and vice versa. This is useful if you’re not able to maximize your points and want to try something new. That said, be sure to use up your points before you make any changes.

The RBC Visa Infinite Avion Card also provides good travel insurance when travelling outside Canada. Not only do you get travel medical, but you’ll also be covered for trip cancellation/interruption, delayed and lost baggage, hotel/motel burglary and more. Obviously, some exclusions apply, so read the certificate of insurance for complete terms.

Link to your Petro-Points card

RBC has a deal in place with Petro-Canada where you can save 3 cents per litre at Petr-Canada, 20% extra Petro-Points, and 20% extra RBC Rewards points.

To be eligible, you just need to add your Petro-Points number to your RBC online banking account. You would link your Petro-Points card to all of your eligible RBC debit or credit cards. 

Final thoughts

Avion Rewards is one of the  best bank travel rewards programs . The RBC Visa Infinite Avion card may not give you the best signup bonus or have the highest earn rate, but there’s no denying that once you have the points, they’re easy to use. There are no blackout dates and no minimum points required to make a redemption, so you’ll never run into any issues using your points. If you’re a fan of RBC, check out my  RBC InvestEase review  and find out how you can reduce your investment management fees.

About Barry Choi

Barry Choi is a Toronto-based personal finance and travel expert who frequently makes media appearances. His blog Money We Have is one of Canada’s most trusted sources when it comes to money and travel. You can find him on Twitter: @barrychoi

97 Comments

Can you explain more on the comprehensive cancellation insurance for traveling? For flight

What I mean is you get travel medical, trip accident, trip cancellation, lost luggage, etc. You cAN READ THE FULL DETAILS HERE.

https://www.rbcroyalbank.com/credit-cards/travel/rbc-visa-infinite-avion/rbc-visa-infinite-avion-certificate-of-insurance.pdf

Barry choi, What about outright flight cancellation by company with no booking possibility ? this happened to me 5 years ago and Avion card could not do anything!

When saying trip cancellation … talking from whom??

What do you mean by company with no booking possibility? With fight cancellation, it only applies to reasons that are outlined in your insurance policy.

When should I pay for a flight as opposed to redeeming points. I want to go to Vancouver – Honolulu -L.A. – Vancouver. Points 45000 plus $266 Cash $960 Plse advise and thx,Lawrence

45,000 Rewards points would be worth $450 + $266 for taxes = $716. Since the value of your redemption via the fixed travel program is $960, you come out ahead using the fixed program.

How much is 28906 rbcrewards point please

10,000 points = $100 so you have $289 at the base value. Your points are worth more if you use the RBC Rewards Air Travel Redemption Schedule

Hi. I have 10500 pts and I purchased my ticket for $2000 whose base fair is $1400. What’s the best way to go with the schedule?

You need 15,000 points to make a claim within or to an adjacent Province/Territory/U.S. State. That fare has a maximum base price of $350 so you can’t use the fixed redemption schedule.

you could just 10,000 points to redeem $100.

Sorry Barry. I have 105000 points. I missed a zero. Can you please update your response?

If you’ve already paid for your ticket, you can’t use the air redemption schedule. Assuming you didn’t 100K points gets you a flight from any major gateway in Canada/U.S. to destinations in Asia, Australia, New Zealand, South Pacific, Middle East, Africa, South America

Hi Barry, thanks for the article and for all the Q&A work as well !!

I’m looking at making the switch to Amex. I have 160k reward points I’ve saved up over the years. Looking to cash out or use these points up somehow with the best value. Appears as tho 10,000 points for $100 value is about the best offer from RBC rewards? Also, do you know if these points expire if I got rid of my RBC Avion card?

Yup, 10K points for $100 is indeed the best value. You lose all your points if you cancel your card. Your best bet would be to transfer your points to WestJet Dollars or hotels.com giftcards as they have good value.

I product switched to the RBC British Airways Visa almost 4 months ago. My account has remained in good standing however, I haven’t received the welcome bonus of 15k points yet. I have called RBC multiple times and each time I have been told that BA awards the points but when I speak to BA, they say that RBC needs to award the points. Do you have any idea who should be awarding the points? Thanks in advance for any help you can provide.

In theory, it should be BA that actually issues the points but RBC would have to authorize it.

I would advise escalating the case with RBC first to see if that resolves anything.

If I wish to use my Avion Rewards points to pay off my credit card bill, is it straight 100 points/per every $1?

No, it takes 172 points to claim $1 in statement credit so you’re devaluing your points quite a bit if you were to go that route.

Is this card best to earn miles to book a points first class flight from Vancouver to Tokyo?

I just noticed RBC is offering 50% more points if converted to Avios, does the same offer ever happen with AA points?

The 50% bonus is quite rare. I’ve never seen it with AA.

Is it worth it to convert your Avion points to BA Avios given the 50% bonus on until Dec 15th? I live in Vancouver and typically fly to Hawaii in Winter and Europe in summer. Your insight is much appreciated.

If you plan on using those BA points, then yes, it’s a great deal. That said, I’m not sure which airlines you can use BA Avios points to get you from Vancouver to Hawaii.

Hi, is it worth buying the air Canada gift cards at a 10% discount? Are they easy to use and are there any hidden charges / rules to these we should know about?

Buying the gift cards gives you a guaranteed discount of 10%, but you might get better value if you used your points on the fixed travel program. It’s honestly a personal choice but I imagine you wouldn’t have any issues with using the gift cards. As far as I know there are no additional charges or rules, but read the fine print before you commit.

Do my RBC rewards expire at any point

Not as long as you have a credit card account that earns you RBC Rewards active with them that’s in good standing.

RBC Reward points expire after 3 years on a First In, First out basis.

That is incorrect. If you refer to handbook, the first page states that RBC points don’t expire.

https://www.rbcroyalbank.com/credit-cards/travel/rbc-visa-platinum-avion/rbc-visa-platinum-avion-benefits-guide.pdf

The reference to points expiring after 3 years is old and should have been removed from the website.

my mistake, you are correct. I believe my knowledge was outdated.

I just logged into my RBC Rewards and I see that I have a – 69K point balance. How is it possible to end up with a negative reward points balance?? I have never even used my rewards and forgot that it was even available. Any help would be appreciated.

You’d have to check with RBC about that

Do you think it is worth keeping the RBC Infinite Avion card beyond the first year? Is it worth the $120 per annum annual fee considering that I am also paying fees for amex gold card and BMO cash back card?

Thanks for your insight

Hi Viviene,

I personally wouldn’t keep three credit cards with annual fees. Of the three cards you mentioned, I’d probably drop the BMO cash back card but that’s because I prefer travel points. Who do you bank with? Do they waive the fee for any cards?

I bank with BMO but it’s a joint account and the waiver goes towards my partner’s BMO MC world elite card. I figure the cashback we get each year more than pays for the annual fee.

What does RBC Avion offer that justifies its fee? It seems as if it would take a long time to build up any significant number of points.

Well it’s really for you to decide based on your spending. E.g. if you moved all the spending from your cash back card to the RBC card, you could more in points for flights than what the annual fee would cost you. I think the RBC Rewards fixed flight travel chart offers good value especially if you’re looking at short haul flights. However, that may be redundant since you have the Amex Gold which also has a fixed points program.

How would you compared the two fixed points program? I tend to focus on transferring my Amex points to Avios and haven’t really looked at the Amex fixed points program. I also feel that the Amex Gold has more to offer than the RBC card in terms of travel insurance and flexibility on how to use points. But I may be wrong….

Both programs have their sweet spots. Amex is arguably better since you have more transfer partners. The Amex Gold has a slightly higher earn rate on travel. but RBC Rewards has occasional promos where if you transfer your points to BA, you get 25 or 50% more points.

I do agree that the Gold Amex is a better overall card.

Is there anyway I can browse through options for say a vacation package, that would be qualified for if I had 150000 points? For example my 150000 points would allow me to go to Cayo Largo Cuba, or Puerto Plata Dominican Republic or Cozumel Mexico…you get the idea.

It doesn’t give you an option to search for results based on X points. All really allows you to do is search by price from low to high after you’ve selected a country.

I have always been a fan of the RBC Avion program until today when I tried to change a departing flight and was told that all the flights I chose were “not available” although there were clearly seats for sale on both the airline website AND Expedia. RBC only offered a few very poor flight options. I thought “any flight” meant “any flight”. I have never encountered this before. We ended up buying new flights from the airline after spending over 30 minutes on hold, suffering through a painfully frustrating conversation with an agent and draining the battery on my phone.

I’m going to bail on Avion after learning that they recognize an Air Canada fuel surcharge of 570$ per ticket to europe in a time of extended, sustained low fuel prices. It was going to cost me 1100$= in fees when flights can be purchased outright for just over 1600$.

Value lost due to poor decisions at Avion….. adios!

That’s Air Canada’s fault, not Avion.

How long does it take to convert RBC points into Asia Miles? Is it instantaneous or do you have to wait 6-8weeks?

It usually takes 4-5 days for the transfer to Asia Miles

I have around 200k in avion points. I am trying to figure out the best option for using them as we are moving to Europe for a year. I looked into the flights but almost 1/2 goes to the taxes, etc. I was wondering if it was best to use them while we are there for short trips. So, what would be the best value? (ie rental car, hotels, ?), anything else?

Points for flights to Europe are typically of low value due to the fees. Using them within Europe is also not a good value since you wouldn’t be able to use the fixed travel program. You could use the RBC travel portal when you’re abroad and book points at 10,000 points = $100 in travel.

Alternatively, you could convert your points to WestJet dollars at a 1:1 ratio. On occasion, there are promos where you can convert to hotels.com giftcards which can be a good value.

Hi Barry, we have ~250,000 RBC Avion points and I’m trying to maximize getting to FCO (Rome) this summer from YYZ (Toronto.) We also have 90,000 in Aeroplan.

Traveling with a 15 month old so really wanted to optimize for lie-down seats. But they are pricey. ($8000 for two seats on AC’s direct flights.)

Can you suggest a way to optimize our points to make it work?

Flying from Toronto to Europe is one of the worst redemptions regardless of the program due to high airport taxes. With Aeroplan, you need 110K points for a return business flight so that won’t really work.

For RBC, I don’t think you can use your points for business so that doesn’t really help.

The best value I can think of right now and this is honestly not the greatest solution is to consider transferring your points to WJD. If you have the WestJet World Elite Mastercard, you can use the companion voucher for premium economy. I just booked two flights from YYZ to LGW for $2400. Of course, you would still need to get a flight to Rome and you’d only be redeeming your points at a 1% value.

IMO, you’re better off paying cash for this route and saving your points for later.

Help. We have 175000 Avion points. Looking to use them from YVR to LHR. If I use the points for 3 fares return it looks like another $700 each on top !!!! With Aur Canada. Flights in September are approximately $700 each return. Can you give any advice. I have not checked if BA charges the same.

Flights to Europe are a terrible value due to the high taxes. You’re better off saving your points for a different redemption.

Is it possible to use Avion points to pay for an upgrade on an already booked flight? Is it worth it? Looking at this for a flight from Houston to Auckland on Air New Zealand.

You’d have to call and ask. You definitely can’t do upgrades via the RBC Travel portal.

Is there a time limit to redeem accumulated points? And I wld like to purchase a gift card for electronics?

Your points don’t expire as long as you have an active RBC credit card that’s in good standing.

I am a bit lost with car rental points… if my rental was $800.00 how many points would I need

That falls under travel so it would cost you 80,000 points.

Barry, Can RBC Avion Visa Infinite cardholders redeem for a Premium Economy class seat instead of Economy class? Thanks!

RBC Rewards is a full service travel agency so you can book premium economy, but it’ll cost you more points. It’s unlikely you’d be able to book premium under the Air Travel Redemption Schedule since the price would exceed the maximum base price.

Barry, RBC Avion Visa Infinite redemption schedule From Canada to Hong Kong: 100,000 points. Maximum ticket price: $2,000.

Normally the Air Canada Premium Economy ticket from Canada to Hong Kong costs close to (less than) $2,000. It’s not worth to redeem Economy class, which is about $1,000 or less. That’s why I would like to know whether I can redeem Premium Economy class or not.

As long as the base ticket price is below $2,000, you should be able to redeem a premium economy flight using your RBC Rewards points.

Hi Barry, I’m totally torn between Scotia Passport and RBC AVion? Which one do you really prefer if we plan on going US visits and Asian Countries as well?

Both cards a bit different. The Scotiabank card is a good all-in-one card since it has no forex fees, but the RBC Avion has a fixed points travel chart which can be of good value. Since you’re based in Canada, Air Canada/Aeroplan cards are good for US travel thanks to the new Buddy Pass. WestJet companion vouchers can also be handy.

Barry, early thanks for answering my question. I am contemplating on utilizing approx. 111,000 Avion points for Best Western gift cards. I presume the gift cards are in Canadian funds? Travel contemplated is in the U.S. once the ban is lifted. How is the difference in currency handled by U.S. based Best Westerns?

The gift cards are only worth it if you’re getting an equal value to your RBC Avion points. E.g. 1,000 points = $10. Yes, the cards would come in CAD. If you use them outside of Canada, you would be subject to the exchange rate at the hotel which will definitely have a markup.

Avion $350 air fare fee for interprovincial travel is useless to many Canadians outside the Upper / Lower Canada belt. Many interprovincial one way tickets are $350 or more. I’ve amassed nearly a million dollars over the years on my Avion card, and travel with my family of 6, using the points. I always have to wait for airlines to post sale prices before I can use the points, because their reward amount is set too low. Its not a cheap card either. I’ve never complained, but its been the same price system for over 10 years. Hello! Inflation!

Paying the taxes on flights is also a bummer. I’ve often just bought sale priced flights with cash, because the Avion rewards taxes where close to half the flight cash amount. Didn’t see the point in wasting them.

How do I book a business class seat? We’d like to go back to Europe next year and want to fly business class. I have over 300,000 points with Avion.

Two years ago we booked two business class seats after transferring points to British Airlines, What a nightmare!

I swore that I’d move to another point card to get better service, connections, etc.

Please help.

RBC has a travel rewards portal where you’d book your flights and then redeem your points.

Aeroplan is a lot easier these days, it’s worth considering switching to a card that earns you Aeroplan points.

We have 215000 points with RBC and travel to Mexico, US and are thinking of going from Edmonton to Amsterdam and returning to Edmonton from Rome. What are the best way to use our points. Is transferring points to Westjet a better deal than buying Westjet gift cards .

To maximize your value, you should use the RBC Air Trave Redemption schedule – https://www.rbcrewards.com/#!/travel/redemptionSchedule

It’ll cost 65,000 points to get to Europe with a max ticket value of $1,300. That works out to 2 cents a point which is double the normal value.

Ad for WJD, it’s a better value to transfer your points directly instead of buying gift cards

Any luck with product switching lately and receiving the welcome bonus of 15,000 points for Avion Infinite?

Darn. Seems to still work for WJ MC. Perhaps makes sense to PS to a no AF card and then cycle back.

I recently “purchased” airline tickets using Avion points. Unfortunately I mistakenly selected the Flexible Points Pricing and as a result ended up using roughly twice as many points as would have been needed under the Fixed Points Pricing. The difference is somewhere around 35,000 points. I requested that Avion reverse this mistake but was advised that it was their policy to not allow such a change. I requested to talk to a manager, but they basically advised that this wasn’t going to happen (they told me it would take 6 weeks). Any advice.

Unfortunately, it’s unlikely they’ll reverse the charges. This happens with all points programs.

Hi Barry… I have over 1 Mil points… and on flight can I upgrade to Exec or 1st Class with my points ?? I don’t see it anywhere when i am looking at the booking … Any ideas. Thanks Mike

In the RBC Avion travel portal, you should be able to choose premium economy or business class seats for your flights.

What are the pros & cons of flex points vs flexible points booking w Avion? How do I know which we should use?

All rbc rewards and avion rewards points can be used on any travel purchase made through the RBC travel portal.

I have been reading your awesome feedback from Avion customers! I recently tried to receive information from the RBC Rewards program call centre and it was horrific – unprofessional and unknowledgeable agents, transferring me first to Expedia and then to Air Canada. They wore me down. I then went online and read reviews on the performance of the program – from what I saw, every customer who had to make a change on their travel booking experienced exactly the frustration I did.. Has this program gone down hill in recent years on their customer service assistance?

The program itself is fine, but I imagine every travel operator is experiencing customer service issues. I guess the real problem is knowing who to call. If you book travel through the Avion travel portal, technically speaking, you will go through them to make changes even if you booked an Air Canada flight.

Hi Barry, I’m unsure whether to use my avion infinite Visa card to pay a Europe bike tour purchase as the surcharge is 4 percent or pay with an e-transfer. The foreign currency rate I’m billed at was 1.49. I look forward to your response. Also, if I pay with an e-transfer will I have any travel protection? Thanks in advance! Barbara

Hey Barbara,

A 4% surcharge is quite a bit. That said, an e-transfer may come with fees too. I personally would just choose what’s cheaper. That said, if you don’t pay with your credit card, you don’t get any protection if you need to cancel your tour for a qualifying reason.

Hi Barry, Thank you for your responses. I really appreciate it! Barbara

Regarding financial rewards, more specifically applying a credit to an existing RBC mortgage: is the cash value going to be considered a lump sum payment or something else? I ask this because the options to pay down a mortgage faster are limited to double-up payments upon each scheduled payment, and one lump sum payment (aka prepayment) of up to 10% of the initial principal per year. I already used my yearly lump sum and I’m concerned that I wouldn’t be allowed to redeem my Avion points towards my mortgage or I may be allowed to do so, but I could be issued a penalty for not following the rules. I couldn’t find anything online about what the value of the points redeemed is considered to be.

Hey Stephanie,

If I had to guess, it would count as a prepayment. You’d have to call them to find out for sure.

Too old to travel. So thinking of using my Avion points to buy RBC merchandise. How can I see what is available if I don’t do any banking transactions on a computer?

You need to go to the RBC Avion website to see what items are available for redemption – https://www.avionrewards.com/index.html

On the web site that I see, the first thing that they want is your Visa number. And that is exactly why we don’t do money matters on line.

Avion Rewards is a credit card rewards program. Using your credit card number is how you log in.

Hello I redeemed 130,000 points for a flights to Barcelona from Toronto and had to cancel. What is the value of these points so that I can make a travel insurance claim

That’s a value of $1,300.

Hi Barry, Thought you might be interested in my experience being transitioned from HSBC World Elite MC to RBC Avion Visa. Since I don’t have anything that spells out the fees, conversion rate, etc. I called the RBC conversion team. They are waiving the $120 annual fee for the first year and that’s it. Although the HSBC card did not charge the 2.5% foreign conversion fee, the RBC card does. The extra points which HSBC gave for travel expenses are likewise not available with the RBC card. It seems to me that if I wanted this card I would be better off applying for it and getting the bonus. Very disappointing.

You should have received paperwork about the details of your new card. HSBC World Elite MC holders being switched the Avion Visa Infinite will still get no FX fees on their card.

You’re correct about losing the travel credit after the first year.

The Avion card is a clear downgrade, I mention a few other options in this article – https://www.theglobeandmail.com/investing/personal-finance/household-finances/article-hsbc-clients-may-not-love-their-new-rbc-credit-cards-but-rbcs-avion/

Thanks Barry. I don’t subscribe to the Globe but I assume you suggested the Scotiabank Passport Visa as an alternative. I don’t want to take up your time with all this but I applied for the Scotia card and it developed into a real mess. I’m still trying to find out what happened, currently waiting to hear back from their Escalated Customer Concern team.

I suggested a few.

The Amex Cobalt for high earn rate, Rogers Mastercard for Costco (if you use Rogers), and Platinum for high end travel benefits. If you want no FX, the Scotiabank card is indeed good, but I like the EQ Bank card cuz it has no fees.

I’ll def check into the EQ card, thanks again.

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RBC Avion Visa Infinite Review 2024: A Flexible Travel Credit Card With No Blackout Dates

Updated: May 22, 2024, 5:26pm

Fact Checked

This is a straightforward credit card with a flexible travel rewards redemption schedule, especially since you can use Avion points for travel with any airline around the world with no blackout dates. However, given the high income requirements and annual fee, the base earn rate is low, the only accelerated earn rate is for travel purchases, and the other benefits and features are limited to certain kinds of travel insurance.

• Earn points on every dollar spent
• Earn 1.25 points for every dollar spent on eligible travel purchases
• No blackouts or seat restrictions when using points for flights
• High annual fee
• Requires a minimum personal income of $60,000  or a minimum household income of $100,000.
• Imposes higher acceptance cost on merchants, so might not be accepted at their discretion.

Table of Contents

Introduction, quick facts, rbc avion visa infinite rewards, rbc avion visa infinite benefits, how the rbc avion visa infinite stacks up, methodology, is the rbc avion visa infinite right for you.

• Get 35,000 welcome Avion points on approval**—enough to fly anywhere in Canada & the U.S† (Alaska and Hawaii require more points)
• Earn 1 Avion point for every dollar you spend* and an extra 25% on eligible travel purchases.
• Avioners can book flights with points on any airline, on any flight, at any time, early or last minute, with no blackout periods or restrictions.
• Avioners earn points that never expire so your points will be waiting for your next adventure.
• Redeem your points for travel and more. Use points for anything from paying bills and paying your card balance to redeeming gift cards and aerchandise at top brands like Apple. The Avion Rewards program gives you the freedom to use your points your way and helps you make the most of your time as an Avioner.
• Eligible Avion Rewards members can also convert points to other loyalty programs, including WestJet dollars, British Airways Avios points and Hudson’s Bay Rewards points.
• Link your RBC card with a Petro-Points membership to instantly save 3₵ per litre on fuel at Petro-Canada stations and earn 20% more Petro-Points and 20% more Avion points
• Link your RBC card with a Rexall Be Well account and get 50 Be Well points for every $1 spent on eligible products at Rexall. Redeem Be Well points faster for savings in-store on eligible purchases where 25,000 Be Well points = $10
• Get access to RBC offers, which provides access to earn points faster at specified brands
• Extensive insurance, including mobile device insurance, travel insurance (trip cancellation, interruption and emergency medical) and other eligible purchases to protect you and your family
• Avioners get access to luxury Visa Infinite benefits, including first-in-line access to exclusive events and hotel and dining benefits.
• Avioners no longer need 14-days to book travel using the RBC grid
• Get a 12-month complimentary DashPass subscription± – a value of almost $120
• Enjoy unlimited deliveries with $0 delivery fees on orders of $15 or more when you pay with your eligible RBC credit card
• Get a 12-month complimentary DashPass subscription18 – a value of almost $120

Apply for the RBC Avion Visa Infinite Card — A flexible travel card with no blackout dates

On RBC’s Website

The RBC Avion Visa Infinite card is pretty basic in the grand scope of the Canadian travel credit card landscape. The regular earn rate is low (at 1 point for every dollar spent), and the only accelerated category is eligible travel, which earns you 25% more. Perks and benefits are also limited to a few types of travel insurance. Considering the annual fee is $120 and you need a minimum personal income of $60,000 to qualify, the RBC Avion Visa Infinite is lacking compared to other travel credit cards at this price point.

That being said, it’s not a bad card. The flight redemption schedule offers some pretty decent deals. Plus, you can use Avion points for any airline worldwide without blackouts or seat restrictions.

• Earn Avion points on every purchase at a rate of 1 point per dollar spent and 1.25 points per dollar spent on eligible travel.
• Points do not expire and can be redeemed towards travel with any airline with no blackout periods or seat restrictions.
• Cardholders can benefit from increased rewards when they link their card to participating programs at Petro-Canada and Rexall.

Earning rewards

Cardholders will earn Avion points when they spend with this card. Here’s how:

• Welcome bonus of 35,000 welcome Avion points on approval
• Earn 1 Avion point per dollar on all eligible purchases, plus an extra 25% on eligible travel-related purchases

There are no accelerated categories aside from travel. However, there are no earning caps or limits on how many points you can earn with this credit card.

Redeeming Rewards

Avion points can be redeemed online at avionrewards.com or via the RBC Avion app. You can redeem your Avion points toward:

• Travel: Avion points will have the best value when redeemed towards flights with the RBC Avion redemption schedule (a rate of $0.02-$0.0233). You can also redeem them through the RBC travel portal at a rate of $0.01 per point.
• Point Transfers: You can transfer Avion points to Westjet, British Airways and American Airlines.
• Gift Cards: You can redeem your Avion points for gift cards.
• Merchandise: You can redeem your Avion points for merchandise.
• Statements Credits: You can use your points toward your credit card statement.
• Charity Donations: You can use your points to donate to charity.

Rewards Potential

While the flexible redemption schedule for RBC Avion points is great, the earn rates and rewards potential are lacking compared to similar credit cards with high accelerated rates and a strong earning schedule. This means earning points with the RBC Avion Visa Infinite will be slower. That being said, cardholders can still come out ahead. Based on average Canadian spending, Forbes Advisor estimates this card could earn $178.72 in rewards value per year after the annual fee.

Travel Insurance

• Emergency Medical: Coverage for 15 days if you are under 65 or for the first three days if you are 65 or older.
• Travel Accident: Coverage up to $500,000.
• Trip Cancellation: Coverage up to $1,500 per person per trip (overall maximum of $5,000).
• Trip Interruption: Coverage up to $5,000 per person per trip (maximum of $25,000).
• Flight Delay: Coverage up to $250 per covered person (maximum of $500 per occurrence).
• Delayed Baggage: Coverage up to $500 per covered person (maximum of $2,500 per occurrence).
• Hotel/Motel Burglary: Coverage up to $2,500 per occurrence.
• Auto Rental Collision/Loss Damage Waiver Insurance: Coverage for 48 consecutive days on vehicles under $65,000 MSRP.

Consumer Insurance

• Purchase Protection: Coverage for 90 days.
• Extended Warranty: Double the manufacturer’s warranty for up to a year.
• Mobile Device Insurance: Coverage up to $1,500.

Partner Benefits

• Petro Canada: Link your Petro-Points card to save $0.03 per litre on gas and earn 20% more Petro-Points.
• Rexall: Get 50 BeWell for every dollar spent on eligible purchases at Rexall when you link your card.
• DoorDash: Get a complimentary DashPass subscription for up to 12 months.
• The Friday Friend Pass: Buy one Friday lift pass with your card at participating resorts across Canada and get a free lift pass.

Visa Infinite Benefits

• Visa Infinite Luxury Hotel Collection: Enjoy perks like room upgrades, complimentary WiFi, and late checkout at properties worldwide.
• Dining & Wine Country : Get access to culinary experiences at the best restaurants in Canada.
• Complimentary Concierge: Get a complimentary concierge service.

Interest Rates

• Regular APR: 20.99%
• Cash Advance:  22.99%
• Balance Transfer: 22.99%
• Foreign Transaction Fee: 2.5%
• Balance Transfer Fee: 3% of the transaction amount
• Annual Fee: $120
• Any Other Fees: additional card: $50, dishonoured payment: $45, overlimit fee: $29 (does not apply in Quebec)

RBC Avion Visa Infinite vs. TD® Aeroplan® Visa Platinum* Card

The TD® Aeroplan® Visa Platinum* Card has an $89 annual fee and earns rewards at a rate of 1 point per dollar spent. While there are no accelerated categories, Aeroplan members can double dip and earn double the points at participating retailers. This card also comes with comprehensive insurance plus the Aeroplan program, one of the top rewards programs in Canada. With similar structures, the TD Aeroplan Visa Platinum Card is likely a better pick since it does have a lower annual rate.

RBC Avion Visa Infinite vs. PC World Elite Mastercard

The PC World Elite Mastercard is a no-annual-fee credit card aimed at individuals who are more interested in earning free  groceries than redeeming points for travel or shopping rewards. Cardholders earn 30 to 45 points per dollar spent at participating PC Optimum rewards brands and 10 points per dollar spent elsewhere. While the PC World Elite Mastercard does come with travel insurance, it’s not a travel card. If you are in the market for a card where the rewards are best for travel, then the RBC Avion Visa Infinite is the better pick.

RBC Avion Visa Infinite vs. CIBC Aeroplan Visa Infinite Card

Another Aeroplan card to compare is the CIBC Aeroplan Visa Infinite Card. At $139 per year, it’s a little pricier than the RBC Avion Visa Infinite card, however, it also has higher earn rates of 1.5 points per dollar spent on gas, groceries, Air Canada travel and electric vehicle charging. All other purchases earn 1 point per dollar spent. Since it is an Aeroplan card, you can double dip with Aeroplan partners, earning points even faster. It is a bit more expensive, but the earning and rewards potential is much higher, meaning it is more lucrative as a travel credit card.

When determining a rating for individual credit cards, the Forbes Advisor Canada editorial team factors in an exhaustive list of data points. With rewards, the scoring model used considers factors such as, but not limited to, reward rates and categories, fees, welcome bonuses, and other benefits and features. Keep in mind that what may be best for some people might not be right for you. Conduct informed research before deciding which cards will best help you achieve your financial goals.

The RBC Avion Visa Infinite card is attractive because you can earn points across all purchases and the redemption schedule for flights is incredibly flexible. That said, it will be slow to earn points with the majority of purchases at the lower earning rates for this credit card. Plus, perks and benefits outside of travel insurance are lacking. If you are a frequent traveller and are really looking to get into maximizing points and rewards, it may not be the best option for you.

Related : Rounded up the best credit cards

Frequently Asked Questions (FAQs)

What are the benefits of rbc avion visa infinite.

The RBC Avion Visa Infinite allows you to earn points on all purchases without having to worry about a spending cap. Points can be redeemed for merchandise, gift cards, travel and more, with travel being the most lucrative option.

What is the minimum income for RBC Avion Visa Infinite?

Eligible candidates must have a minimum personal income of $60,000 or a household income of $100,000 to qualify for this credit card.

Does RBC Avion Visa Infinite have lounge access?

No, the RBC Avion Visa Infinite credit card does not offer cardholders any type of lounge access.

Hannah Logan is a Canadian freelancer writer and blogger who specializes in personal finance and travel. You can follow her adventures on her travel blog EatSleepBreatheTravel.com or find her on Instagram @hannahlogan21.

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Inovio pharmaceuticals (ino) q2 2024 earnings call transcript.

Inovio Pharmaceuticals (NASDAQ: INO) Q2 2024 Earnings Call Aug 08, 2024 , 4:30 p.m. ET

Prepared Remarks

Questions and Answers

Call Participants

Prepared Remarks:

Good afternoon, ladies and gentlemen, and welcome to the Inovio's second quarter 2021 financial results conference call. [Operator instructions] This call is being recorded on Thursday, August 8th, 2024. I would now like to turn the conference over to Thomas Hong, manager of investor relations. Please go ahead.

Thomas Hong -- Manager of Investor Relations

Thank you. Good afternoon, and thank you [Technical difficulty] Inovio's second quarter 2024 financial results conference call. Joining me on today's call are: Dr. Jackie Shea, president; Dr.

Michael Sumner, chief medical officer; Peter Kies, chief financial officer; and Steve Egge, chief commercial officer. Today's call will provide a general business update. Following prepared remarks, we will conduct a question-and-answer segment. During the call, we'll be making forward-looking statements regarding future events and the future performance of the company.

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These events relate to our business plans to develop Inovio's DNA medicines platform, which include clinical and regulatory developments and timing of clinical data readouts and planned regulatory submissions, along with capital resources and strategic matters. All of these statements are based on the beliefs and expectations of management as of today. Actual events or results could differ materially. We refer you to the documents we file from time to time with the SEC, which, under their heading risk factors, identify important factors that could cause actual results to differ materially from those expressed by the company verbally, as well as statements made within this afternoon's press release.

This call is being webcast live, and a link can be found on our website, ir.inovio.com, and a replay will be made available shortly after this call is concluded. We'll now turn the call over to Inovio's president and CEO, Dr. Jackie Shea.

Jackie Shea -- President

Thank you, Thomas. Good afternoon, and thank you to everyone for joining today's call. To begin with today, I'd like to discuss the progress we've made, thus far, for 2024 based on the goals we set out at the beginning of this year. That includes advancing our lead INO-3107 development program, advancing other promising candidates in our pipeline, and finally, strengthening our business as a whole.

Our primary focus has been working toward the potential commercialization of 3107 for the treatment of recurrent respiratory papillomatosis or RRP. We have made significant progress preparing initiate progress preparing our BLA package and expect all non-device-related elements to be completed by year-end. A positive pre-BLA meeting with the FDA last week provided us with further confidence that we remain on the right track to submission. We've also made important regulatory progress in both the U.K.

and Europe and have continued to advance planning for our redosing trial. However, as announced earlier today, we have identified a manufacturing issue with a single-use disposable administration component of our device during the testing process required to support our BLA filing, and that will impact the timing of our BLA submission. Every day matters to patients, and we're working to resolve this issue as quickly as possible. Our chief medical officer and RRP program lead, Mike Sumner, will provide more details.

But I want to emphasize that we're confident in our path forward and remain focused on the opportunity to deliver to not only what could be the first FDA-approved therapy for this devastating disease, but the first DNA medicine approved for use in the United States. What's more, Inovio has continued making progress on other key objectives for both the near and longer term to deliver value to stakeholders. Elsewhere in our pipeline, we've submitted our Phase 3 trial design for INO-3112 in combination with LOQTORZI for the treatment of throat cancer to the European Medicines Agency for review. We're also planning to submit our Phase 2 trial for our INO-4201 as an Ebola vaccine booster to the FDA later this month, and have advanced discussions with partners for the next trial for INO-5401 in glioblastoma, a deadly brain cancer.

At the same time, we continued to strengthen our business by prioritizing financial discipline and operational excellence. As Peter will discuss shortly, we closed the second quarter with $110 million in cash and short-term investments, with no debt on our balance sheet, and raised approximately $33 million through an offering of common stock and prefunded warrants this past April. We estimate that our current cash will be sufficient to fund our operations into the third quarter of 2025. We also recently welcomed Steve Egge as our new chief commercial officer, and I'm delighted to have him join our leadership team.

Steve has broad therapeutic area of experience, including an HPV-related diseases in cancer, vaccines and rare disease, and his career was spent both biotech and large pharma. Steve recently launched a new women's health product at Myovant Sciences, which was later acquired by Sumitomo Pharma. He also spent 20 years at Merck where he held a number of senior commercial leadership roles, including leading their HPV vaccines franchise and serving as chief marketing officer for the vaccine division. Over the course of his career, he has overseen or contributed to more than a dozen commercial product launches.

His broad commercial expertise will be invaluable as we work to advance 3107 and our other promising candidates. I'd like to invite Steve to share more about why he joined Inovio and the potential he sees for 3107. Steve?

Steve Egge -- Chief Commercial Officer

Thank you, Jackie, and hello, everyone. I'd like to start by saying how excited I am to be here and to be leading the very talented commercial team at Inovio, working to advance a lead candidate that I believe could transform the lives of people living with RRP and potentially bring the first DNA medicine to patients in the United States. I spent my career getting innovative medicines to market for patients with significant unmet medical needs, and I believe 3107 offers a compelling product profile that could make it the preferred choice for the broadest number of RRP patients, healthcare providers, and payers. 3107 demonstrated significant impact in our Phase 1, 2 trial where over 80% of patients across the disease severity continuum had a reduction in the number of surgeries compared to the previous year.

It's important to note that our treatment regimen does not require surgeries during the dosing window to maintain minimal residual disease. 3107 also targets and has shown efficacy against both HPV 6 and 11, which cause RRP. 3107 has demonstrated the ability to generate antigen-specific T cells in patients that we believe leads to reduction in surgery by eliminating HPV-infected cells, thus, preventing the papillomas from growing back. As DNA medicines do not generate anti-vector immunity, we believe we will have the potential to redose 3107, if needed, to maintain or enhance clinical efficacy over time, which is likely to be important for a chronic and often lifelong viral disease.

Administration with CELLECTRA, our proprietary electroporation device, was well-tolerated by patients and was considered easy to use by healthcare providers in two previous global Phase 3 trials. 3107 also offers other important attributes typical of our DNA medicines platform such as stability for up to three years at refrigerator temperature. We believe 3107 represents a significant opportunity for Inovio in the U.S., Europe, and rest of the world. As you can see here, in addition to its compelling product profile, there is significant unmet global need for a treatment like 3107.

I'm pleased to report that we're making strong progress in key regions, including advancing our commercial preparations in the U.S. and making key regulatory progress in both Europe and the U.K. We are going to be focused going forward on keeping this momentum going over the next quarter, and look forward to sharing more in the coming months. Now I'll turn it over to Mike for some additional insights on 3107 and a broader pipeline update.

Mike Sumner -- Chief Medical Officer and RRP Program Lead

Thanks, Steve. We are really excited to have you onboard. Before I dive in, I think it's important to provide a brief reminder about why we are working so hard to bring 3107 to patients. This is a devastating disease.

It takes a huge toll on patients' health, time, and emotional well-being. Repeated surgery and the repeated risk to vocal cords that comes with it is the mainstay of treatment. Patients are desperate and have said time and again that a reduction of even one surgery a year would be life-hanging. This is why we're working so hard to deliver on the promise of DNA medicine for the RRP community.

As you've heard from Jackie, we have continued to make meaningful progress toward delivering 3107 to patients. We expect to complete all non-device-related elements of our BLA package by the end of the year. Last week, we held our pre-BLA meeting with the FDA, which I would characterize as being positive and supportive of our overall approach with the device, our submission strategy for the CMC sections, and the clinical components of our package. We are encouraged by the agency's level of engagement and have confidence that our approach and content for our BLA modules are on the right track.

We also look forward to sharing important immunology data for 3107 at three conferences in the fourth quarter. The Fall Voice, a leading conference for clinicians focused on vocal disorders, the 36th International Papillomavirus conference, which is a platform designed for sharing cutting-edge international HPV research, and the International Society for Vaccines annual conference. While very pleased with this progress, we have unfortunately run into a manufacturing issue with a component of our CELLECTRA device, the single-use disposable administration component, otherwise known as the array. This is used to inject the DNA medicine and administer the electroporation.

The issue stems from one of the plastic-molded parts within this array and was identified during routine testing to support our BLA filing. This issue is not reflective of the broader safety and efficacy of our 5PSP device or the array, which was used in two global Phase 3 studies. Our device teams, with the support of our external component manufacturers, are working to rapidly address the issue and then repeat the required testing for the array. The additional time needed for completing this work and testing has extended our anticipated time line for BLA submission to mid-2025.

We will, of course, endeavor to complete this work on a faster time line, if possible, and we'll have more updates for you at our next quarterly report. Moving on to our efforts to bring 3107 to patients around the globe. We have made important progress as shown by our recent receipt of an advanced therapy medicinal product certification from the European Medicines Agency's Committee for Advanced Therapies. This is following a review of our CMC and non-clinical data.

This certification confirms that the data reviewed complies with the standards that would be used to evaluate a European marketing authorization application and indicates that our work to advance 3107 in Europe, thus far, is on the right track. 3107 was also recently designated an innovative medicine as part of the U.K.'s innovative licensing and access pathway. The designation called an Innovation Passport is the first step on a development pathway that offers enhanced access to regulators and development tools that could accelerate the time line for achieving U.K. regulatory approval.

This regulatory process builds on 3107 receiving orphan drug designation in Europe in 2023. We will continue our conversations with regulators in ex-U.S. markets to frame the next steps for development of 3107. European regulators have previously indicated that a placebo-controlled study design such as the one we will conduct for our U.S.

confirmatory trial was their recommended pathway for potential licensure in the EU. This recommendation was one of the many reasons we selected a randomized placebo-controlled design for our confirmatory study in the U.S. The use of a placebo-controlled design enables us to include patients with only two surgeries in the prior year and does not require a year-long observation period to establish a surgical baseline prior to commencement of treatment. We believe this clinical design strategy is highly representative of the broad spectrum of RRP disease and will likely be critical to support expansion into global markets.

On a related note, we also successfully completed an unscheduled external quality system audit at our Mesa Ridge manufacturing site, which is required to maintain the company's ISO certification and CE Mark for our CELLECTRA device in the EU. The audit, which occurred without prior warning or preparation time, indicated that Inovio has a well-established, high-functioning quality system. And the results provide further confidence that Inovio is on the right track in our preparations for global commercialization efforts. Turning now to one of our other promising late-stage candidates, INO-3112.

Last quarter, we received feedback from the FDA on our Phase 3 trial to investigate 3112 as a potential treatment for HPV 16- and 18-related locoregionally advanced high-risk throat cancer when used in combination with LOQTORZI, an anti-PD-1 monoclonal antibody, recently approved for the treatment of nasopharyngeal carcinoma. We have continued to make progress with our plans to conduct a multi-center study in North America and Europe and have submitted the Phase 3 study package to European regulators. We believe this novel combination therapy has unique potential to meet the high unmet need within this rapidly growing patient group. The incidence of HPV-positive throat cancer is on the rise in high-income countries and has surpassed cervical cancer as the most common HPV-related cancer diagnosed in the United States.

Moving on to INO-4201, which is being studied as a heterologous boost to the FDA-licensed Ebola vaccine, ERVEBO. We plan to submit our Phase 2, an animal-bridging study designs to the FDA for review later this month and are preparing to submit our Phase 1b trial data, along with our collaborators, to a peer review journal. As I highlighted last quarter, we recently generated some encouraging new antibody response data from that trial by utilizing the FANG assay, which is the commonly utilized assay, and indicated that 4201 elicits a strong antibody response, comparable to the ERVEBO primary series vaccination. With that, I'll turn it over to Peter for a financial update for the quarter.

Peter D. Kies -- Chief Financial Officer

Thank you, mike. Today, I'd like to provide an overview of Inovio's operational highlights and financial condition for the second quarter of 2024. As Jackie noted at the start of the call, strengthening our financial position and business as a whole has been a critical part of our strategy to enable us to focus on our internal resources and our late-stage pipelines. I am pleased to report that we have, again, reduced our total operating spend, dropping from $37.3 million in the second quarter of 2023 to $33.3 million in the second quarter of 2024, an almost 11% decrease.

As noted last quarter, we paid the remaining balance of our convertible notes of $16.9 million and have no debt on the balance sheet. Inovio's net loss for the quarter was $32.2 million or $1.19 per share, basic and dilutive, compared to a net loss of $35.5 million or $1.61 per share, basic and dilutive, for the second quarter of 2023. We finished the second quarter of 2024 with $110.4 million in cash, cash equivalents, and short-term investments, compared to $145.3 million as of December 31st, 2023. We estimate our cash runway to extend into the third quarter of 2025.

This projection includes an operational net cash burn estimate of approximately $28 million for the third quarter of 2024. These cash runway projections do not include any further capital raise activities that Inovio may undertake. As a reminder, you can find our full financial statements in this afternoon's press release, as well as in our Form 10-Q filed with the SEC. And with that, I'll turn it back to Jackie.

Thanks, Peter. I'd now like to open up the call to answer any questions you might have. Operator?

Questions & Answers:

Thank you. [Operator instructions] First question comes from the line of Gregory Renza with RBC Capital Markets. Please go ahead.

Anish Nikhanj -- Analyst

Hi, Jackie and team, it's Anish on for Greg. Thanks for the updates and for taking our questions. Just a few from us on 3107 and in RRP and the manufacturing issues noted. Could you give us some more color on when, along the time line, the noted manufacturing issues for the disposable administration component emerge, and how it was detected? How is this reflected during your pre-BLA discussions? And lastly, if you could help us understand the steps to resolve the issue and potential challenges you anticipate along the way.

Thanks for the time.

Hi, Anish, nice to talk with you. So first of all, I'm happy to answer the questions about the recent manufacturing issue that's just come to light. And this has been a recent issue that we've literally just uncovered over the past week or couple of weeks as part of the BMV testing that's being conducted to support our BLA submission, so it's a very recent issue. And I think what I can say is that this issue is related to a plastic-molded part that forms the part of the single-use disposable array, which is the piece that's used to inject our DNA medicine and provide the electroporation.

We are very confident that we'll be able to resolve this issue quickly. We're working with our external manufacturer. He manufactures this component with us. And we are bringing all of our available resources to bear to solve this issue as quickly as possible.

In terms of our recent BLA, I'll let Mike -- recent pre-BLA meeting, I'll let Mike talk a bit more about that. Mike?

Yeah. Thank you, Jackie. So it wasn't part of our BLA into pre-BLA interaction with the agency. And to be honest, I mean, as Jackie said, it arose fairly recently.

But in the normal course of business, it would not have been part of the agenda for the pre-BLA. I mean, the pre-BLA meeting was very much for us to align on the bigger picture of the components we need to include, as I mentioned, in terms of sort of the overall device strategy, CMC, and how we present the clinical components. And we gained very good alignment from the agency with those. And really, this recent issue will be sort of an internal thing for us to appropriately fix the issue and document that we have fixed it adequately, and that will be part of our ongoing device verification.

Yeah. And Anish, just to follow up on the part of your question about why we've only just detected it now, so this issue occurs at a pretty low rate, and we picked it up as part of the BMV process that's really designed to test all of the elements of the device as part of the submission package that needs to go into the BLA. As we previously mentioned, we've used this device previously in two completed Phase 3 trials globally. And that was -- those were trials that involved patients in more than 30 countries.

So we have quite extensive experience with the device and this array component.

Great. Thanks. Appreciate it.

And your next question comes from the line of Roy Buchanan with Citizens JMP. Please go ahead.

Roy Buchanan -- Analyst

Hey, thanks for taking the questions. Just, yeah, a couple of follow-up on the manufacturing. I just want to confirm that there's no expected impact to the timing or the conduct as a confirmatory trial. And it sounds like you maybe don't need to inform the FDA about this issue.

Is that correct?

Thanks, Roy, nice to talk with you. So in terms of timing of the confirmatory trial, we will need to resolve this issue before we can start dosing in the confirmatory trial. Mike, do you want to talk about the other element?

Yes. So I mean, at the moment, the array is not being utilized in clinical practice. And so we will be resolving this as sort of part of our BLA filing aspects, and we will obviously be sharing all the aspects of what we've done and how we've solved this issue with the FDA as part of our BLA filing.

OK. All right. Got it. All right.

And then, the immunological data that you're going to present at the three venues later this year, is that going to be all the same data or potentially one of the presentation is going to be more impactful than the other?

So I think, where we have really focused our immunological data is at IPVC, but -- and that will be certainly very new data than we've presented before and really sort of confirm what we've spoken to in that we are seeing a difference in our immunological profile between responders and non-responders. And I think it also really talks to the mechanism of action of 3107, so we're very excited to present that upcoming data.

OK. Great. And then, last one for me, and I'll jump back. The 3107 Phase 3, have you discussed the design of that trial with the European regulators yet?

Mike, do you want to?

Yes. So I mean, as part of our original submission, we did discuss clinical strategy, and we do have alignment of -- on how to approach the clinical aspects of a future filing. And as you heard me talk to today, one of the most significant elements of that was the placebo-controlled nature of the study, which was really what guided us to do that as part of our U.S. confirmatory study, along with the fact we were very keen to include patients who only had two surgeries in the prior year as we had done with our Phase 1, 2 study and believe that that really enables more treat patients to hopefully access treatment in the future.

Thank you. And your next question comes from the line of Jay Olson with Oppenheimer. Please go ahead.

Jay Olson -- Analyst

Oh, hey, thank you for providing this update. We also had a couple of questions about the array device for 3107. Will the manufacturing issue have any impact on the U.K. or European regulatory progress? And will it have any impact on operating expenses in the next few quarters? And then, I had a follow-up.

Yeah. Great questions today, and nice to hear from you. So we're really focused on resolving this issue as quickly as possible. We're putting all of our available resources into moving it forward as quickly as possible.

Part of the reason why it's going to take some time is we have to rectify the issue, and then, we have to complete the testing that's required to support our BLA submission. And until we've completed that work, we're not going to be in a position to start our confirmatory trial. So in terms of the order of the different regulatory submissions, we're really focused on getting that confirmatory trial started in the U.S. first, and that's really what's gating our progress at the moment.

OK. Great. Thank you. Super helpful.

Yeah. And moving on in terms of operating expense, clearly, this is a recent issue. We're bringing the resources to bear that we need to bring to bear to solve it. I think we'll be able to provide a bit more update on operating expense on the next call in November.

OK. Thank you. We'll look forward to that. And then, with regards to the RRP redosing study, would you plan to conduct that redosing study as part of a confirmatory study? Or would that be a separate trial?

Yeah, that's a great question, Jay. And we've tried to be pretty clear on that in the past. But we view this as a separate study, and we're not planning to conduct it as part of our confirmatory trial.

OK. Understood. Thank you very much.

And your next question comes from the line of Sudan Loganathan with Stephens. Please go ahead.

Sudan Loganathan -- Analyst

Hi, Inovio team, thank you in advance for taking my questions. I have a few questions. First on the 3107 manufacturing of the array part, if you only are using one third-party manufacturer for this component, what would be the ramp-up time to probably get another one started as a backup for this array, in case the issues cannot be resolved two years or the agency standards with this -- with the third party that you're using currently? Just trying to get a feel for the sense of complexity of manufacturing this component.

Yeah, that's a great question, Sudan. From my perspective -- this is a recent issue, so I don't want to go into too much detail here. But from my perspective, we think that we have a pretty straightforward path to resolve this issue. I don't think at this stage it's going to be necessary to get another manufacturer up and ready to manufacture this part.

I think it's more a case of working through this issue with the existing manufacturer.

Got it. Thank you. And my last one, just staying on 3107 opportunity OUS, can you update us on the significance of the innovation path for granted from the U.K. and probably name some examples of some other notable drugs that may have also received this designation and the potential read-through this could have for 3107 launch in the OUS markets? And just kind of based on this potential delay in the U.S.

BLA filing, could there be the first launch of 3107 OUS markets as early as late next year or early 2026?

Again, great questions. I'll hand you over to Mike to talk about the ILAP pathway, but this is a relatively new mechanism that's come out really after the -- after Brexit, to be honest. But I'll hand you over to Mike.

Absolutely. So I see this pathway sort of similar to breakthrough therapy designation where you get increased access to the regulators to discuss your regulatory pathway. They do hint to the fact that there might be a sort of accelerated approval, possibly, but we need -- we have not actually had that face-to-face discussion with them yet. That is upcoming, and hopefully, we'll be able to provide greater clarity on that at our next earnings call.

But we're very excited. It's a great honor, I think, for us. I mean, we were excited about breakthrough therapy designation. It's nice to have another regulatory body acknowledge the uniqueness and how special our clinical data is to this patient population.

So I think we just need to wait and give you a little more guidance on that at our next earnings call. But we'll certainly look into what other drugs have received the same designation and let you know. But I don't think any drug to date has actually been approved under this pathway. But we'll confirm that.

Thank you. I appreciate the insights.

[Operator instructions] Your next question comes from the line of Yi Chen with H.C. Wainright. Please go ahead.

Yi Chen -- H. C. Wainwright -- Analyst

Thank you for taking my questions. Just to confirm that currently, you plan to initiate both the confirmatory trial and the redosing trial toward mid-2025, correct?

So we have always said that the confirmatory -- the redosing study is going to be a post-approval study. And the basis of that is, as you've seen from our Phase 1, 2 study, we had very significant efficacy in that study. And so, to actually show enhancement on the already very good results, we're going to have to have a larger sample size. And so, we always felt that it would be easier to achieve that study once we have the product approved and on the market, and there are a greater number of subjects that could actually be recruited into that study following receiving our primary series.

Got it. So just confirmatory trial before the BLA submission. Is the redosing trial required by -- required for regulatory submission in Europe or U.K.?

No. This is just our desire to further enhance our efficacy, in line with what the RRP foundation want for their patients, a significant reduction in surgeries. And every surgery matters to those patients. So if we can enhance our efficacy with further dosing beyond, we're already seeing 81% of patients respond.

We're seeing 72% of patients have greater than 50% reduction. So you can now see why we need that larger population that we can only achieve post-approval.

And yeah, I think when we publish our immunology data and are making those presentations at the upcoming conferences later on this year, I think you'll see from the immunology data that we're putting out there that we believe we have a good understanding of what are the immune responses that are driving that clinical benefit. So as Mike said, really, what we're looking to do here is to get the relatively small number of people who are not responders at this time into response. And also, importantly, for what is a chronic, potentially lifelong viral disease, make sure that we can maintain that production and -- protection and reduction for as long as is necessary. So I think it's an important part of the life cycle management of 3107.

Got it. And lastly, do you currently have an estimated time frame for regulatory submission in Europe and U.K.? Is it going to be before or post FDA approval in the U.S.?

We haven't really guided to that at this moment in time.

OK. Thank you.

And there are no further questions at this time. I would like to turn it back to Dr. Jackie Shea for closing remarks.

Thank you. I'd like to close today by reiterating that although we've met an unexpected challenge in our goal to submit our BLA for 3107 by the end of this year, I'm confident in our team's ability to rapidly resolve the issue, and we remain focused on the opportunity to deliver a potentially life-changing therapy for RRP. As I've highlighted previously, we believe that Inovio has the key drivers for success in place, and we will leverage them to continue making progress on both near- and long-term key objectives to deliver value to all stakeholders. And as always, the transformational potential of DNA medicine and the patients that could benefit from it continues to provide the inspiration to drive us forward.

Have a good evening, everyone.

[Operator signoff]

Duration: 0 minutes

Call participants:

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**4,000 bonus RBC Rewards points will be posted to your RBC Rewards account after the first purchase has been processed on your credit card account. Your RBC Rewards account will earn an additional 500 RBC Rewards points when at least one RBC Rewards cardholder on the account registers and creates a profile at www.RBCrewardscaribbean.com , provided the cardholder is a new RBC Rewards member or an existing member without a profile at time of registration. Finally, your RBC Rewards account will earn an additional 500 RBC Rewards points when at least one registered RBC Rewards cardholder on the account opts to receive e-marketing offers. Please allow 2-3 business days for bonus RBC Rewards points to be posted to your RBC Rewards account. We reserve the right to withdraw this offer at any time. This offer may not be combined or used in conjunction with any other offer. A maximum of 5,000 bonus RBC Rewards points will be awarded per account. Bonus points and earned points have a maximum four (4) years term, and expire at the end of four (4) years, based on first-in first-out (FIFO) principles.

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