The RBC Visa CreditLine for Small Business is a practical solution for Canadian entrepreneurs looking to combine flexibility and control in one financial product. Issued by the Royal Bank of Canada and operating on the Visa network, it is designed for small businesses that want access to a line of credit with the convenience of a credit card.

In this article, we’ll explore the main features of the card, its benefits, points of caution, and the full application process. The goal is to help you understand if this tool fits your financial strategy as a business owner.

Main features of the RBC Visa CreditLine for Small Business

The RBC Visa CreditLine for Small Business operates as a hybrid product: it gives users access to a revolving line of credit that can be used like a traditional credit card. It has no annual fee and offers interest rates starting at RBC Prime + 2.9%, which vary based on the applicant’s financial profile.

In addition to flexible borrowing, this card offers 1 Avion point for every $2 spent on eligible purchases. That allows businesses to earn rewards gradually while maintaining liquidity. Each business can request up to two cards, helping partners share access with controlled spending.

Approval requirements

To qualify for the card, the applicant must be a Canadian business owner and provide proof of active business operations. RBC generally requires a strong credit score, financial statements, and estimated annual revenue. This card is geared toward established businesses with reliable cash flow, not startups or sole proprietors with minimal financial history.

Benefits of the RBC Visa CreditLine for Small Business

One of the greatest advantages of the RBC Visa CreditLine for Small Business is the flexibility it offers. Business owners can use the card for purchases or rely on the revolving credit line for short-term financing. This dual functionality helps manage both day-to-day transactions and unexpected expenses.

It also includes practical perks such as purchase protection and extended warranty. Additional savings can be unlocked at Petro-Canada stations, where cardholders earn discounts on fuel and bonus points. These features are especially helpful for businesses with vehicles or frequent travel needs.

Exclusive highlight

The standout feature of the card is its hybrid structure. By combining a credit card and a line of credit into one product, RBC gives businesses more flexibility without requiring multiple accounts. This can simplify financial management, especially for growing teams that need clear spending limits and access to emergency funds.

Disadvantages and considerations of the RBC Visa CreditLine for Small Business

Despite its flexibility, the card may not suit all types of businesses. The rewards structure is modest—earning only 1 Avion point per $2 spent—so it’s not ideal for owners looking to maximize travel or cash-back benefits.

Another consideration is the lack of welcome bonuses or promotional interest rates. Many competitors offer temporary 0% APR or introductory rewards, which this card does not. Also, credit limits and interest rates depend heavily on your financial background, which may limit new or smaller businesses.

Application process

Applying for the card can be done online, via the RBC app, or directly at a branch. You’ll need to submit details about your business, including registration documents, financial statements, and personal credit history. RBC will evaluate both business and personal financial health before making a decision.

In most cases, decisions are delivered within a few business days. If approved, your card arrives by mail and can be activated immediately. RBC also offers optional tools to help track expenses, add authorized users, and customize controls for better business oversight.