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RBC Cash Back Preferred World Elite Mastercard

Strong cash back Cash BackRewards
3.4
★★★☆☆

Solid value

CardPick score · from real fees, rewards & perks
You'll finish your application securely on RBC's own website.
Welcome value
est. first-year value
Annual fee
$99
per year
Purchase interest
20.99%
on carried balances
Rewards type
cashback
RBC Cash Back Program
🛒
2% value on groceries
Your top earn category
🛡️
3 insurance coverages
Built-in protection

Rewards

Base earn rate1.5% cash back on all purchases up to $25,000 in Net Purchases per Annual Period, then 1% thereafter, unlimited
ProgramRBC Cash Back Program
Welcome bonusGet 12% cash back for the first 3 months on up to $2,000 in total purchases. Plus 10.5% bonus cash back plus 1.5% standard cash back on qualifying transactions.
Rewards typecashback

Fees & rates

Annual fee$99
Purchase interest rate20.99%
Cash advance rate22.99%
Foreign transaction fee2.5% (typical)

Standout perks

✈️
Access to 1,300+ airport lounges worldwide with Dragon Pass
$32 USD per visit
Mastercard On-demand Apps and Subscription Services - special benefits and offers from on-demand apps and subscription services
💳
Mastercard Travel Rewards - shop, dine and relax with partners to receive cash back offers when using card outside Canada
Save on fuel purchases at Petro-Canada and earn bonus points
3/L fuel savings, 20% more Petro-Points
Earn points at Rexall when paying with linked RBC card
50 Be Well points per $1 spent on eligible purchases
Free DoorDash subscription when adding card to DoorDash account
12 month free DashPass subscription
Access to exclusive offers from over 2,000 top brands

Everyday features

📱 Apple Pay & Google Pay
🔒 Zero-liability fraud protection
📶 Tap to pay
🛒 Purchase security

Insurance coverage

🛡️

purchase protection

up to 120 days

🛡️

extended warranty

up to two years

🛡️

rental car

Included — see issuer for details.

Eligibility

Minimum personal income$15,000
Credit score guidanceGood (660+)
ResidencyCanadian resident