With another tax season behind us, a goal of yours may be to discover ways to reduce your overall tax burden, promoting your financial well-being.
Did you know that RBC Rewards offers an option to donate your credit card points to one of four charities of your choice, including the David Foster Foundation, which reduces your tax burden in the same way donating cash to a charity does? Our team has worked closely with the David Foster Foundation, a non-profit charitable organization that assists children with organ transplants and providing family support resources.
The steps towards donating your RBC Rewards points to the David Foster Foundation, or one of the other three charities, is straightforward. Login to your online banking and click on your credit card which will direct you to the RBC Rewards website. Once there, scroll down till you find the “Donate to Charity” option.
By donating your hard-earned RBC Rewards points to the David Foster Foundation, you are not only helping a cause you care about, but taking advantage of tax incentives.
