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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
on eligible spend
🛒
2% value on groceries
Your top earn category
🛡️
3 insurance coverages
Built-in protection

Rewards

Base earn rate1.5% cash back on all purchases
Welcome bonusGet 12% cash back for the first 3 months on up to $2,000 in total purchases. Receive 10.5% bonus cash back plus 1.5% standard cash back on qualifying transactions.
Rewards typecashback

Fees & rates

Annual fee$99
Additional card$0
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
Save 3/L on fuel and earn 20% more Petro-Points when you pay with an eligible linked RBC Credit Card
3/L fuel savings
Earn 50 Be Well points on every $1 spent on eligible purchases at Rexall
50 Be Well points per $1 spent
Free 12 month DashPass subscription when you add your RBC Credit Card to your DoorDash account
12 months free DashPass
Mastercard On-demand Apps and Subscription Services with special benefits and offers
Mastercard Travel Rewards cash back offers when using the card outside Canada
Access to exclusive offers from luxury retailers through Mastercard Travel Pass

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