I have an RBC Avion platinum and it seems to be pretty good. To be honest I don't know a ton about these and haven't compared a bunch of them. However we booked a trip to Hawaii on the Avion points and it was really simple. We actually booked one flight through Air Canada directly and the second on points. Like I said using the Avion points was awesome, we had no problem getting the exact same flights on the points.
Our friends who we booked with booked on CIBC Aeroplan and they couldn't even get all of the same flights. They have another trip to Austria booked later this summer which was booked through their Aeroplan as well. You should see the gong show of flights they are required to take when booking on Aeroplan, they are all over the place and again not even on the same flights.
I think Avion gives you 15,000 free Avion points when you sign up as well.
Final plug for them is the had a promotion going with British Airways where the Avion points were worth double. So you could basically book 2 flights for the price of one.
There may be better deals out there, as I say this is the only one I have used. But so far we are quite happy with it.
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