Offers
Welcome Offer
Eligible new applicants for the RBC Cash Back Preferred World Elite Mastercard can receive a welcome offer of up to $210 cash back:
- Get 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^
Earning Cash Back
The RBC Cash Back Preferred World Elite Mastercard earns cash back for all purchases made on the card:
- 1.5% cash back on all other purchases (up to $25,000 in spend per calendar year; 1% cash back thereafter).
Redeeming Cash Back
RBC Cash Back Preferred World Elite Mastercard holders who have a minimum cash back balance of $25 will be paid out annually on the February monthly credit card statement.
Benefits
3₵/L Savings at Petro-Canada
Link your RBC Cash Back Preferred World Elite Mastercard with a Petro-Points membership to instantly save 3₵/L on fuel at Petro-Canada stations and earn 20% more Petro-Points.
Earn More Be Well Points at Rexall
Link your RBC Cash Back Preferred World Elite Mastercard with a Rexall Be Well account and get 50 Be Well points for every $1 spent on eligible products at Rexall. Redeem Be Well points faster for savings in-store on eligible purchases where 25,000 Be Well points = $10.
Doordash DashPass Subscription
Add your RBC Cash Back Preferred World Elite Mastercard to your DoorDash account to receive a 12-month complimentary DashPass subscription (a value of almost $120). Cardholders will enjoy unlimited deliveries with $0 delivery fees on orders of $15 or more when they pay with their eligible RBC credit card.
Fees & Eligibility
| Personal Income | $80,000 |
| Household Income | $150,000 |
| Annual Fee | $99 |
| Foreign Exchange Fee | 2.50% |
| Purchase Rate | 20.99% |
| Cash Advance Rate | 22.99% |
| Balance Transfer Rate | 22.99% |
Insurance Coverage
The RBC Cash Back Preferred World Elite Mastercard offers three types of insurance coverage:
- Rental car collision and loss damage coverage: Comprehensive coverage for cars up to $65,000 MSRP
- Purchase security: Coverage for accidental physical damage or theft for 90 days from the date of purchase (up to $50,000 per calendar year)
- Extended warranty: Triples the manufacturer’s original warranty up to a maximum of two years
Review the RBC Cash Back Preferred World Elite Mastercard insurance certificate for terms and conditions surrounding the insurance coverage on this card.
Other Cash Back Cards
| Credit Card | ||
|---|---|---|
 |
$480 cash back and $125 FlyerFunds Estimated value: $605 Ends Oct 31, 2026 |
|
 |
$350 cash back Estimated value: $350 |
|
 |
$200 cash back and $100 FlyerFunds Estimated value: $300 Ends Apr 30, 2026 |
|
 |
$120 cash back and $140 FlyerFunds Estimated value: $260 Ends Apr 30, 2026 |
|
 |
$250 cash back Estimated value: $250 |
|
Legal
Refer to RBC page for up-to-date offer terms and conditions. This page contains affiliate links; refer to our Advertising Disclosure for more information.
^ This offer only applies to new applications for an RBC Cash Back Preferred World Elite Mastercard credit card received between December 10, 2025 and March 25, 2026 (“Offer Period”) and approved by Royal Bank of Canada (“Royal Bank”), subject to the conditions below. Additional cardholders(s) (co-applicant and authorized user(s)) on the RBC Cash Back Preferred World Elite Mastercard credit card account, as well as existing cardholders on any RBC Royal Bank personal credit card transferring to an RBC Cash Back Preferred World Elite Mastercard credit card during the Offer Period, are not eligible for this offer.
You will earn a total of up to 12% cash back credit on Net Purchases (“Welcome Bonus”) made with your RBC Cash Back Preferred World Elite Mastercard within the first 3 months from your account open date, up to a maximum of $2,000 in Net Purchases per credit card account (“Offer”) provided that your RBC Cash Back Preferred World Elite Mastercard credit card account (“Credit Card Account”) remains open and in good standing at the time the Welcome points are credited to your account. “Good standing” meaning that your Credit Card Account must not be past due for more than two (2) consecutive credit card account statement periods, closed, charged off or in credit revoked status.
Once you have reached the $2,000 or 3 months from your account open date, you will continue to earn at the standard rate of 1.5% cash back up to a maximum of $25,000 in Net Purchases per Annual Period, and 1% cash back thereafter, unlimited when you pay with your RBC Cash Back Preferred World Elite Mastercard. Cash back credits are earned on net purchases only; they are not earned on cash advances (including balance transfers, cash-like transactions and bill payments that are not pre-authorized charges that you set up with a merchant), interest charges or fees, and credits for returns and adjustments will reduce or cancel the cash back credits earned by the amounts originally charged. Additional cardholders(s) (co-applicant and authorized user(s)) on the RBC Cash Back Preferred World Elite Mastercard credit card account, as well as existing cardholders on any RBC Royal Bank personal credit card transferring to an RBC Cash Back Mastercard credit card during the Offer Period, are not eligible for this offer.
If you close or change your RBC Cash Back Preferred World Elite Mastercard credit card for another type of RBC Royal Bank credit card before the Welcome Bonus have been credited to your account, you may lose the benefit of this offer. This offer may not be combined or used in conjunction with any other offer. Royal Bank reserves the right to cancel, modify or withdraw this offer at any time without notice, even after your application has been approved, including if we suspect that you may be manipulating or abusing it, or engaging in any suspicious or fraudulent activity, as determined by Royal Bank in its sole discretion. For complete details on the RBC Cash Back Program including standard earn rates and crediting of Cash Back Rewards, please refer to the RBC Cash Back Program Terms and Conditions at www.rbc.com/cashbackterms. Offer applies to new RBC Cash Back Mastercard accounts only.
Disclaimer: these responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.