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 | ||
|---|---|---|
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$335 cash back and $125 FlyerFunds Estimated value: $460 Ends Jan 31, 2026 |
|
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$350 cash back Estimated value: $350 |
|
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$200 cash back and $100 FlyerFunds Estimated value: $300 Ends Apr 30, 2026 |
|
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$120 cash back and $160 FlyerFunds Estimated value: $280 Ends Jan 30, 2026 |
|
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$100 cash back and $160 FlyerFunds Estimated value: $260 Ends Jan 30, 2026 |
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