RBC Infinite Avion conversion rate: Financial vs. Travel rewards
Last week, I got upgraded to the RBC Inifinite Avion and was given the welcome 15k RBC points. I already had some 10K and by the next cycle, I should have about 30k points, enough for $250 in RRSP money (or TFSA)
Basically, the conversion rate for their financial products is less than 1 cent on the dollar ($0.0083) .
Wondering what the conversion rate is on travel and if points are better spent there than on financial rewards? If it is at least 1$ = 100 points, then I may consider using my points for travel than on RRSP/TFSA.
thanks in advance!