The RBC Visa Business is the cheapest way into an RBC business card: $12 a year, $12 for each additional card, and nothing earned on the spending. RBC pitches it at owners who want a no-frills card that keeps business and personal expenses apart, and that is an honest description.
I'd point a sole proprietor or a small team toward it when the goal is clean books, not rewards. The $100,000 per-card liability waiver for unauthorized employee charges is the feature I'd value most if you hand out cards; if your business spends enough each month to earn real points, I'd look at RBC's Avion business cards instead.
Welcome offer
There is no welcome bonus on the RBC Visa Business, and the card earns no points or cash back, so there is nothing to unlock with spending. RBC's page shows the $12 fee, the rates and the benefits, with no sign-up offer, as of October 15, 2026.
If a bonus matters, RBC's rewards-earning business cards are the place to look: the RBC Avion Visa Business showed 35,000 Avion points on approval for a $120 fee when its page was read on October 13, 2026. This card's case rests on cost alone.
With no bonus to time, apply when the business needs the card. Ask RBC which liability agreement (joint and several, or corporate) your account will use before you sign.
Fees & eligibility
The card costs $12 a year, and each additional card is also $12. RBC prints no income or revenue minimum on the business page; the application asks whether the business has fewer or more than 10 employees.
Purchases carry a 19.99% interest rate and cash advances 22.99%. The page does not print a balance transfer rate, foreign transaction fee, grace period or minimum payment, so confirm them with RBC. With no rewards to offset interest, the card works best paid in full each month.
Perks & benefits
The most useful perk for a business with staff is RBC's Liability Waiver Program: if a designated employee runs up unauthorized charges, RBC may waive the business's liability for up to $100,000 per card, subject to the program terms. It is a bank program, not insurance.
The card also gets RBC's partner offers: link it to Petro-Points to save 3 cents per litre at Petro-Canada and earn 20% more Petro-Points, link it to Triangle Rewards for 3x Canadian Tire Money, and add it to DoorDash for 6 months of DashPass. There is no lounge access, no travel credit and no included travel insurance.
Insurance
Insurance is limited to purchases, underwritten by RBC Insurance Company of Canada. Purchase security covers business items bought with the card for 90 days against loss, theft or damage, up to $50,000 per card per calendar year, and extended warranty doubles the manufacturer's warranty by up to 1 extra year, to 5 years combined.
Both cover business property only, not things bought for personal use, and purchase security is excess insurance: if the business has its own policy, this pays the deductible. There is no travel insurance, no rental car cover and no mobile device cover; RBC sells travel cover as an optional extra.
My take
I'd get the RBC Visa Business if you want a near-free card to keep business spending separate and rewards don't matter; if the business spends enough to earn something back, I'd skip it.
For $12 a year, it covers the basics: a separate statement for business purchases, purchase protection on equipment, and a liability waiver of up to $100,000 per card if you give cards to employees. Additional cards are $12 each, which keeps a small team's cards cheap.
The trade is that every dollar earns nothing, and a 19.99% purchase rate is not low enough to make it a borrowing card. From what I can tell, it suits a sole proprietor or a small business that values the separation and the waiver more than points.
The good
- $12 annual fee, $12 per additional card
- Liability waiver up to $100,000 per card
- Purchase security and extended warranty
The catch
- Earns no points or cash back
- 19.99% purchase rate is not a low rate
- No travel insurance