In late 2022, RBC announced its plans to acquire HSBC Bank Canada.
Since then, the acquisition has been approved by the Canadian government, albeit with a laundry list of conditions, and RBC has been preparing to finalize the acquisition.
With the completion of the transition imminent, new details have been trickling in regarding the future of HSBC Canada’s products, including those pertaining to the much-beloved HSBC World Elite Mastercard.
RBC to Transition HSBC Cardholders by March 2024
Recently, HSBC customers have been receiving communication regarding the upcoming acquisition by RBC.
At first, emails were sent to update customers that the acquisition had received regulatory approvals, and that cardholders would receive further communication about the transition plan.
More recently, customers have been receiving a packet in the mail detailing what will happen to their existing products.
Of particular interest to the Canadian Miles & Points community is the transition plan for the HSBC World Elite Mastercard, which has long been a keystone travel credit card, with its no foreign transaction fees, flexible HSBC Rewards points, and many other features.
In the information packet sent out by mail, it was learned that legacy cardholders of the HSBC World Elite Mastercard will be transitioned to the RBC® Avion Visa Infinite†.
The packet also outlines a number of other important details about features of the transitioned card, which we’ll discuss below.
Card Features
Once transitioned, the RBC® Avion Visa Infinite†will feature no foreign transaction fees, as was the case with the HSBC World Elite Mastercard. However, this isn’t a feature that’s available to “standard” RBC® Avion Visa Infinite† cardholders who didn’t previously have the HSBC World Elite Mastercard, and it’s only for those transitioning from the HSBC World Elite Mastercard.
When it comes to the HSBC World Elite Mastercard’s $100 annual travel enhancement credit, there will be a one-time travel credit available for use in the Avion Rewards travel portal for hotels and cars only. The credit to be available is the sum of any remaining value from the HSBC travel enhancement credit, plus $100 (CAD).
At most, this means that you’ll have a $200 (CAD) travel credit available to use for hotels and cars in the Avion Rewards portal as a one-off benefit.
The credit will be valid for up to one year following the card migration date, and unfortunately, it won’t be an ongoing benefit.
Among the ancillary features of the HSBC World Elite Mastercard are the pay-per-access DragonPass membership and Boingo Wi-Fi access. Sadly, no similar benefits are attached to the transitioned RBC® Avion Visa Infinite†.
Earning Points
RBC has stated that any remaining HSBC Rewards points will be converted to Avion Rewards points at a “comparable value.” However, details of the conversion rate haven’t been communicated yet, but we can expect to learn more soon.
If you have points sitting in your HSBC Rewards account, it’s best to wait until an announcement before taking any further action.
When it comes to earning rates, it appears that the transitioned cards will adopt the default earning structure of the RBC® Avion Visa Infinite†, which is as follows:
- 1.25 RBC Avion points† per dollar spent on qualifying travel purchases
- 1 RBC Avion point† per dollar spent on all other qualifying purchases
For comparison, the earning rate on the HSBC World Elite Mastercard was as follows:
- 6 HSBC Rewards points per dollar spent on eligible travel purchases
- 4 HSBC Rewards points per dollar spent on eligible gas, groceries, and drugstore purchases
- 2 HSBC Rewards points per dollar spent on all other eligible purchases
At a minimum, the corresponding minimum redemption value for HSBC Rewards points is 3%, 2%, and 1%, respectively, since you can redeem them at a rate of 0.5 cents per point against travel purchases.
Meanwhile, the minimum redemption value of RBC Avion points earned on the transitioned cards is 1.25% and 1%, respectively. This is because you can redeem RBC Avion points at a rate of 1 cent per point against travel purchases.
This means that HSBC cardholders will be losing out on an accelerated earning rate on eligible travel, gas, groceries, and drugstore purchases.
To use a different value comparison, we value RBC Avion points at 2 cents per point, and HSBC Rewards points at 0.8 cents per point. These elevated values above the baseline are due to the flexible nature of both points currencies, which can be transferred to airline programs, as well as the respective transfer ratios to partner airlines in both programs.
Even though we value RBC Avion points more than HSBC Rewards, when you consider the earning rates on both cards, the HSBC World Elite Mastercard had more valuable returns, as per our valuations.
Insurance Coverage
Starting March 31, 2024, the insurance coverage for RBC® Avion Visa Infinite† will take effect for new purchases made on the card.
It’s worth noting that there are some notable differences in insurance coverage between the two cards, while in other cases it’s comparable.
With the HSBC World Elite Mastercard, cardholders and dependents are covered for travel emergency medical insurance for the first 31 consecutive days of a trip for those under 65, and the first 21 consecutive days for those over 65.
Meanwhile, with the RBC® Avion Visa Infinite†, cardholders and dependents are covered with travel emergency medical insurance for only the first 15 consecutive days for those under 65, and the first three consecutive days for those over 65.
Other Cards
If you hold the HSBC +Rewards Card, you’ll be transitioned to the RBC® ION Card, with the annual interest rate kept at 11.90%.
If you hold the HSBC Metal World Elite Mastercard, you’ll be transitioned to the RBC Avion Visa Infinite Privilege for Private Banking credit card, with the following features:
- No annual fee (regularly $399)
- No foreign transaction fees
- $400 Avion Rewards travel credit (one-time only; $200 + any remaining credit from your HSBC Metal World Elite Mastercard)
- Six free lounge visits through the Visa Airport Companion Program (DragonPass)
It’s not clear if all HSBC Metal World Elite Mastercard-holders will receive this offer, or if this is exclusively for customers eligible for Private Banking.
We’ve yet to confirm details regarding the fate of all other HSBC credit cards.
If you’ve received transition offers for any other HSBC product, please feel free to reach out so we can update this article.
HSBC Canada’s Transition to RBC
As part of the conditions placed on RBC’s acquisition of HSBC Canada, cardholders were supposed to receive “substantially similar benefits” on the RBC cards to which they’re being transferred.
With this in mind, the only substantially similar benefits on the RBC® Avion Visa Infinite† to which cardholders of the HSBC World Elite Mastercard are being transferred are the no foreign transaction fees, and that it earns flexible points that can be redeemed in a variety of ways.
Otherwise, there’s certainly an argument to be made that the benefits offered on transitioned RBC cards aren’t substantially similar.
For example, the HSBC World Elite Mastercard offered a $100 annual travel enhancement credit. The RBC® Avion Visa Infinite† is only offering this as a one-time benefit worth up to $200, but it won’t be a mainstay feature on the card in the years to come.
In terms of earning rates, the HSBC World Elite Mastercard’s three-tiered earning structure offered minimum returns of 3%, 2%, and 1%, whereas the RBC® Avion Visa Infinite† offers a minimum return of 1.25% on travel purchases, and 1% on everything else.
Likewise, cardholders will no longer enjoy complimentary Boingo Wi-Fi on eligible flights and at Boingo hotspots worldwide, and nor will they enjoy a complimentary DragonPass membership (even if it was on a pay-per-use basis).
One of the biggest strengths of the HSBC World Elite Mastercard was that you could earn flexible HSBC Rewards points on out-of-country spending without incurring foreign transaction fees. Plus, the category multipliers counted when abroad, so paying for hotels, car rentals, and any other travel expenses resulted in a great return in the form of points.
With the transitioned version of the RBC® Avion Visa Infinite†, you’ll still enjoy no foreign transaction fees and earn flexible points; however, it’ll be at a lower rate when it comes to travel, gas, groceries, and drugstores, both at home and abroad. And many of the HSBC World Elite Mastercard’s other attractive features will no longer be available.
In Canada, we aren’t as blessed as our neighbours to the south with a bounty of travel credit cards that offer no foreign transaction fees, flexible points with competitive earning rates, and other features that are useful to travellers. Indeed, these reasons made the HSBC World Elite Mastercard so attractive.
With the upcoming loss of the HSBC World Elite Mastercard, and the parallel loss of many of its most attractive features, there’s plenty of room for a new player to step in to compete with Scotiabank’s no foreign transaction fee cards, which remain the best available in Canada.
Without a welcome bonus offered to transitioned cardholders, it’s also worth considering simply applying for an RBC® Avion Visa Infinite† product before the transition happens, especially since the cards are currently offering a record welcome bonus.
In the coming days, we should get an idea of what will happen to HSBC Rewards, and we’ll update this article with our recommendations as soon as we learn more.
If you’re not satisfied with the transition, refer to information about filing complaints listed on the Financial Consumer Agency of Canada’s website.
Conclusion
RBC is in the final stretch of acquiring HSBC Canada. By the end of March 2024, all HSBC Canada clients will have been transitioned to RBC products.
We now know some details about the transition to RBC for cardholders of the HSBC World Elite Mastercard, who will move to a special version of the RBC® Avion Visa Infinite†.
Fortunately, converted cards will feature no foreign transaction fees; however, the rest of the features will be changed, including losing the $100 annual travel enhancement credit after a one-time courtesy.
More details about the acquisition are expected in the coming days, including the future of HSBC Rewards points.
So, I got my HSBC Rewards to Avion conversion email last night (April 1, 2024).
Conversion rate used: 1 HSBC = 0.34 Avion points
Most posts on this site suggest a minimum of 1:0.4 based on the transfer ratios to Avios points (2.5:1 for HSC and 1:1 for Avion).
The email provides a comparison of the redemption values using the redemption rates for travel, suggesting that given the conversion rate and the Avion redemption rates you are better off with your new points total:
HSBC = 0.5%
Avion = 1.5% (Avion Rewards Travel) or 2% (Avion Rewards Business Class Flights)
I think there’s an outstanding question as to whether the flights and pricing on the Avion site are good value to start with but I don’t have info on that.
I’ll note for reference that I was holding the HSBC Metal Mastercard with the annual fee waived. I’ve been transitioned to the RBC Avion VIP with the full annual fee waived (no end date specified) even though typically they only waive up to $120 of the annual fee. Earn rate is 1.25 points on every dollar, no FX fees, they carried over my unused $200 travel credit and added another $200 but this is only for the first year. Oddly, the card includes a dedicated Travel Concierge (separate from the VIP Concierge) but travel booked through the TC is not eligible for the travel credit – only travel made through Avion Reward Travel online portal.
How sure are we the travel credit will be doubled after migration ($200 max)? In my info emails it only talks about comparable points conversion and thats about it! I’m also thinking about redeeming my points before the transition as it seems the “comparable” is smoke screen for ‘we gonna jip you’
I am also waiting for confirmation about the FX fees and the travel credit. It is not clear in the documentation received with the credit card from RBC.
We have received several comments and emails related to this issue. We have reached out to RBC, and are awaiting their reply.
I just received my new RBC Avion Visa Infinite card, and the credit card agreement they included says there will be a 2.5% markup on foreign currency transactions. How do I know if they’re actually charging the markup or not?
Got the following in an email entitled RBC Migration Checklist # 2 yesterday:
“Any unused points you’ve earned with your HSBC Bank Canada credit card will be converted to Avion points maintaining a comparative value and will be available for redemption one week after the migration date. Your Avion points can be redeemed across a variety of flexible options. You’ll receive detailed information on your Avion points balance and how to redeem them to get the most value from your Avion points shortly after migration.”
So they aren’t going to tell us how much our points will be converted at until after it’s too late? Fantastic. I’ll definitely be redeeming my points before April 1st. My only concern is they’ll cut off the redemption site sooner without prior notice.
Any word on points conversion and/or when HSBC will stop letting you redeem points? I’ve just booked an expensive flight and bunch of AirBnB stays so I now have a bunch of points I can redeem. Wondering if it’s better to do it ASAP or wait…
Yes the Avion card is one I will cancel. Does not meet my HSBC features. Looking for a card that offers medical out of country for 3 weeks lije HSBC for us over age 75. Looking for suggestions guys.
When you get the Avion card you will not give you the sign up bonus points
I have stopped using my HSBC card and transitioning monthly payments to a cash back for now. If RBC wants my business they should grandfather the HSBC card perks to us in a show of good faith. As of Feb 4 looking for a new card.
I hope most HSBC card do the same thing.
What about the Scotiabank Passport?
I still have a few months left for HSBC SUB before the transition, will the SUB points be honoured with RBC?
A comment from our reader and would like us to add this here:
“I’m 79 and in Thailand. This was my first year to take advantage of the 21 days free medical coverage which I was able to extend to 59 days with a purchase of top-up from Manulife.
This was ha HUGE BENEFIT that made the HSBC CARD a NO-BRAINER. Next year that would have been worth thousands!
I have hated RBC for years because of other credit card takeovers that destroyed value and am upset about how they have destroyed the best card in Canada.
I just paid the renewal fee a few short weeks ago. Are they required to maintain the benefits for the length of my renewal or is it just a complete loss?”
What I find interesting as the PoT and Rewards Canada both tell the followers what the terms of the conversion are BUT both appear to be reluctant or concerned (afraid of retribution by RBC?) to encourage or even suggest that readers/followers should send an email to the complaints commissioner identified to receive concerns/examples on RBC not offering same value on conversion. Is PoT willing to post the necessary contact info for all of us who are being short changed by the RBC conversion?
Strongly agreed! Any email address you can refer for the complaint?
Currently holding the HSBC Metal. I have yet to receive any formal transition communications for this or the related banking side. Last year the annual fee for this card jumped to $499 but I get a full rebate as a Private Client customer.
The replacement on the RBC side is the Avion Visa Infinite Privilege at $399. So far I’m hearing that the max rebate for RBC clients is $120/year leaving me on the hook for $279. I haven’t heard great things about getting travel through RBC and I don’t regularly fly with any of the the airline transfer partners (more Star Alliance or Air France/KLM). I did see a note in a private banking brochure that ‘Exclusive to RBC Avion Visa Infinite Privilege for Private Banking (only available to Private Banking clients), CWT Personal Travel Advisors (100 RBC Rewards points equals $1.50 for flight redemptions and $1 for all other travel redemptions)’ – this would appear to be a 50% premium over the standard redemption rate for flights. Not sure this makes it worth it.
Overall I wasn’t really impressed and last Dec I decided to bite the bullet and get an AMEX Platinum for big purchases/travel – booking through AMEX Travel can get you 3 points per dollar which is pretty good and I trust AMEX travel more than the typical bank travel sites. Plus I fly AC a lot so the points transfer is actually useful.
That still leaves me needing a daily driver where AMEX isn’t accepted. I thought about TD Aeroplan Visa and actually applied but as a non-TD customer the application process took an online form, 2 phone calls and a 1.5 hour branch visit followed by terrible communications and 28 days later confirmation that they had approved my application but at a much lower credit limit. I just couldn’t give my business to a company that took a month to get through a CC application. I told them to keep it (for reference, the AMEX application took < 60 seconds and I had the card in 2 business days). Still looking at options…
Back to a couple months ago, when RBC discontinued Asia Miles Visa Infinite card, they offered 20k welcome bonus for merging to RBC Avion Platinum card, I expected they should do similar for this time. Unfortunately it may not a case this time-hopefully I am wrong.
As a current Premier account holder with HSBC, I would be lost more after transfer completed (RBC offers only one year free VIP cheque account and therefore, only one year annual fee free for the new Avion Visa Infinite card):
1) $50 WE Mastercard rebate annually (considering $100 travel credit, my WE Mastercard is free to use annually!)
2) Monthly fee waives for my worldwide HSBC accounts since I set up my HSBC Canada account as the main account.
3) Other currency accounts will be charged for the monthly fees.
4) Not sure if RBC charges annual fee for the RRSP account? Currently I don’t get charged since I set up for a small amount of monthly contribution.
I called RBC on Friday, asked lots questions, but no single question get answered, they spent billions dollars to purchase HSBC, at the end, many HSBC customers walk away-not win-win game!
I’m 79 and in Thailand. This was my first year to take advantage of the 21 days free medical coverage which I was able to extend to 59 days with a purchase of top-up from Manulife.
This was ha HUGE BENEFIT that made the HSBC CARD a NO-BRAINER. Next year that would have been worth thousands!
I have hated RBC for years because of other credit card takeovers that destroyed value.
If they think I will remain with them for a minute longer after the goodies run out then they are going to be surprised.
Our renewal was just a few weeks ago. We paid for a year. Is there some requirement that benefits stay in place for the length of the year I have paid for?
As a holder of the RBC Avion Infinite. Kinda disappointed that RBC didn’t offer the no 2.5% FX fee to the Avion card lineup. There’s not a lot of perks considering this is a $120 annual fee card.
ScotiaBank Passport Infinite which has a flexible points system, better earning rates, lounge passes and no FX. For $150
Have had an HSBC Metal World Elite Mastercard for years. Loved the annual $200 travel enhancement credit and unlimited free dragonpass lounge pass I had access to. RBC’s credit card offering doesn’t come close to HSBC’s. What recourse do HSBC clients have if RBC isn’t living up to the takeover terms and conditions imposed by the Mof F ? Who is policing the transition?
Totally agree and I’m in the same position.
It is a well written and informative article but falls (slightly) short in suggesting an equitable alternative.
I agree with your concern …..”What recourse do HSBC clients have if RBC isn’t living up to the takeover terms and conditions imposed by the Mof F ? Who is policing the transition?”
What I find interesting as the PoT and Rewards Canada both tell the followers what the terms of the conversion are BUT both appear to be reluctant or concerned (afraid of retribution by RBC?) to encourage or even suggest that readers/followers should send an email to the complaints commissioner identified to receive concerns/examples on RBC not offering same value on conversion. Is PoT willing to post the necessary contact info for all of us who are being short changed by the RBC conversion?
What is the Royal Bank benchmark exchange rate vs. the Visa exchange rate… +2%? in the HSBC terms it says the exchange rate is calculated on the Mastercard exchange rate, whereas the RBC terms in the migration package state “Transactions in a foreign currency are converted to Canadian dollars no later than the date we post the transaction to your credit card account, at an exchange rate that is 0% over a benchmark rate Royal Bank of Canada pays on the date of conversion.” A sub-note states, “Section 19 of the RBC Royal Bank Credit Card Agreement states that 2.5% above the benchmark rate is charged for foreign exchange transactions. We are waiving our right to charge this fee for your migrated credit card account, so the 0% is not a change from your current HSBC Bank Canada credit card.”
They use Visa exchange rate, same as when use Scotiabank Passport Visa Infinite. The exchange rate is very close (a little better than Mastercard’s sometimes-I tested a couple times)
Thanks! Was looking for this detail and hoped someone would share it.
Curious how the transition will affect insurance policies for trips booked prior to the switchover? I was planning a booking a flight for March/April and charging it to my HSBC card for the trip cancellation / interruption insurance coverage (up to $2K per passenger). My next best card (Scotia Passport Visa Infinite) only provides $1,500 coverage per passenger. I think the emergency medical coverage with the HSBC card is also longer.
Also am I better off trying to claim the Travel Enhancement Credit now? I’ll probably incur some seat selection fees on my flight which I will try to have charged separately.
I’ll have to wait to see what the points scheme is before deciding whether to ditch this card longer term. Thankfully I don’t have many points saved up and haven’t used the card much in the past year since they reduced the earning rate since I have better cards that are either cash back (BMO World Elite Cashback) easier to redeem the points (Scotia Passport Visa Infinite SCENE+ points can be redeemed at Sobeys / FreshCo grocery stores).
The only reason for keeping this card was the no FX but I also get that with the Scotia card. Had been debating which of these I would keep now that I’m switching my daily banking from Scotia to BMO.
I was wondering the same thing regarding travel insurance. I just bought July trips on the HSBC, but don’t want the RBC. If I cancel the RBC that they give me before July, I am assuming that the travel insurance will be forfeited?
Actually, just found the answer. Yes, travel insurance will be maintained by RBC to honor previous purchases made on HSBC. But if I cancel, then it will be forfeited. Gotta keep the new RBC card until after the trip then.
Interesting – do you have proof, please share? I just called HSBC and they informed me Emergency medical coverage is NOT being honoured -we have flights booked for May and Husband is 75!
Any mention of RBC taking over the relationship with Singapore Airlines as a transfer partner? This was one of the good features of this card. Seems pretty useless now as I already have the Avion card. Not happy about this transition. When will MBNA announce the transfer details to Alaska Airlines?
It’s not confirmed or finalized when MBNA will officiate the points transfer to Alaska. Even though they said they are working on it. So don’t be surprised if it doesn’t go through. Everything is very dynamic in the loyalty industry.
No mention of Singapore Airlines KrisFlyer becoming an RBC Avion transfer partner at this point. As for MBNA Rewards, there isn’t a specific timeline – just sometime in 2024.
Will ditch the card, and concentrate on MBNA Mastercard (better points package and upcoming link into Alaska Airs Mileage Plan) and the new PC Insiders Mastercard (which has enhanced optimum points and delivery options, but for a yearly fee). Both work at Costco and deliver better points. Very disappointed RBC is not really interested in retaining HSBC clients with a decent conversion offer and ongoing program.
Agreed. But not sure if I should apply MBNA now or wait after the big announcement with possible promotion? Feel like 1:1 transfer to Alaska is tooo generous, could keep the old MBNA card holders with the current earning rate and change the new card holder with the new earning rate. If it would be a case, it is good time to apply MBNA?
Frank, I had the MBNA Alaska card. When they ended that program I converted to the MBNA WE card, and they offered 35K MBNA points with a $2000 spend, so they at least rewarded current card holders with this offer, which (pointedly) RBC is doing nothing in their current conversion from HSBC to Avion. I assume when Alaska Mileage Plan becomes a partner again with MBNA, all existing and new cardholders will be treated the same, so it is up to you when you apply for the card. Maybe MBNA will offer an enhanced signup bonus package if there are enough disgruntled HSBC cardholders, who knows?
MBNA did the right thing.
Thanks for replying!
HSBC + rewards credit card is migrating to the regular RBC ION card. Keeping the interest rate at 11.90%
Got my migration pack this morning
Thanks very much! I’ve added that into the article.
No info yet on rewards points exchange rate?
Is the current HSBC card good until the expiry date or will it auto expired on March 31? Asking to see if we need to change all future travel bookings since the card may be useless when presented later this year (ie., hotel and card rental).
Thanks for this. Haven’t been mailed anything. Tbh I expected some trash deal but not as trash as this.
Can’t use in costco
1% earning
No welcome bonus
Are there instructions on when should i cancel so they don’t charge the annual fee? At the very least lol as the article states, i could apply for the card straightaway and get the welcome bonus. Costs a pull but the HSBC was my newest card anyway.
This is super helpful. Is there anything known about the annual fee? Am I going to have to pay that again on it being transferred to rbc when this wasn’t my choice? Is there a better card than the visa Avion that I should consider? I’ve loved my hsbc card.
Very much appreciate this comprehensive breakdown written, it’s what I’ve been scouring the internet for and even RBC/HSBC doesn’t explain things to such detail. Honestly disappointing the level of insurance coverage and the credit card has dropped from Canada’s best in so many ways to become a middle-of-the-pack credit card. Hoping someone can file a lawsuit based on not being provided “substantially similar benefits”.
Generally speaking, the cards insurance in Canada is stronger than in the US still. Good travel insurances are not as common in the US as in Canada. So we are still good here with many cards
It was time to cancel this card and move on in early 2023 when they changed the base earning rate to 1x on non categorical purchases. It just went from bad to worse with the RBC acquisition.
This travel blog used to speak very highly about this HSBC card when there were several better alternatives.
Could you direct us towards these “better alternatives”?
I personally use Scotiabank AMEX Gold, the annual fee gets waived with a qualifying chequing account
The Scotia Passport Visa Infinite can be a suitable option for those seeking free lounge visits
With these cards u also get the no foreign TX fees benefit, as offered by the HSBC card
National bank world elite mastercard is a suitable contender, with the annual fee recovery possibility through travel reimbursements
Desjardins OSESSEY mastercard world elite offers a base 1.5% return which beats the HSBC card
Amex Cobalt is a high earning card to have the option to transfer MR points to airline, hotel partners (I used to have this, but canceled it to get the Scotia Gold 2 yrs ago)
The cards you mentioned all have significant worse earning rates on travel, which combined with the no fx and the effectively $50 annual fee made the HSBC WE a good travel card. Amex acceptance especially abroad just isn’t up to par, and the Scotia Passport doesn’t have all that compelling bonus categories (which also got worse when the 3x was changed from any grocery store to only Sobeys family stores).
Sure having the base rate changed to 1x made the card slightly worse, but it was still a competitive option for those who travelled abroad often. Now that RBC is completely gutting the card, there isn’t really a great alternative.
Bummer. I think I’ll be cancelling this one. I already have the Avion infinite as well for another few months.
I have enjoyed holding the HSBC WE for the last several years. Unfortunately the RBC “transition offer” is paltry compared to what HSBC used to offer. I will evaluate things once my points have moved to RBC (thankfully not that many as I just redeemed all against a cruise, and the refundable hotel for the Enhancement Credit), but can’t see myself carrying the RBC card for long.
What if you have the RBC Avion Infinite already, and is up for renewal? Should I switch to BA Visa Infinite?
It is alright hold more than one RBC Avion Infinite cards at the same time. So it is up to you whether you want to switch the existing one out or not. But sure, why not ? 🙂