Apply for the RBC Cash Back Preferred World Elite Mastercard
RBC Cash Back Preferred World Elite Mastercard to Your Comparison Table Your Comparison Table (need to be logged in) Full Comparison Summary
Get 15% extra cash back on your first $2,000 in spend for 3 months.1
Apply by February 2, 2027.
FEATURES
Earn UNLIMITED cash back13
Earn 3% cash back on groceries, dining, and food delivery1
Earn 3% cash back on gas, EV charging, rideshare, and transit1
Earn 3% cash back on streaming and digital gaming1
Earn 1% cash back on all your other everyday purchases1
Get exclusive access to The Mastercard Collection, experience exceptional global access to dining, entertainment and travel benefits7.
Shop, dine and relax with partners to receive Mastercard Travel Rewards cash back offers8. Simply use your RBC Cash Back Preferred World Elite Mastercard when you travel outside Canada.
Mastercard Travel Pass provided by Dragon Pass Membership gives you access to 1,300+ airport lounges worldwide, and access to exclusive offers from luxury retailers9.
New ways to view and redeem cash back (Effective as of December 2, 2026)
Check your cash back balance anytime through Online Banking or the RBC Mobile App.
Redeem cash back at any time with a minimum of $1 through Online Banking or the RBC Mobile App or by calling in.11
Auto-redemption in December will no longer be available, allowing you to choose when and how to redeem your Cash Back Reward for maximum flexibility and value.
Partner Benefits
Save at Petro-Canada
Save 3¢/L on fuel and earn 20% more Petro-Points when you pay with an eligible linked RBC Credit Card3
Earn at Canadian Tire
Get 3x Canadian Tire Money when you link your eligible RBC card to your Triangle Rewards account, scan your Triangle Rewards card and pay with your linked RBC Card4
Earn more Be Well points at Rexall
Link your RBC Credit Card and earn 50 Be Well™ points on every $1 spent on eligible purchases at Rexall5
DoorDash
Add your RBC Credit Card to your DoorDash account and get a free 12 month DashPass subscription6
Insurance Coverage
Out of Province/Country Emergency Medical Insurance2
Flight Delay and Delayed Baggage Insurance2
Mobile Device Insurance2
Purchase Security and Extended Warranty Insurance automatically protects eligible card purchases against loss, theft or damage for up to 120 days, and triples the manufacturer’s original Canadian warranty for up to two years.
Protection for your rental car with Auto Rental Collision/Loss Damage Waiver Insurance.
Help protect your RBC credit card balance when you need it most – with optional BalanceProtector Max.
If you lose your job or become totally disabled, this coverage can pay 25% of your credit card total account balance – up to $6,250 per month for up to four months.
If you pass away, this coverage can make a single payment of the total amount owing on your credit card account to a maximum benefit amount of $25,000.
Enrolment is easy for eligible cardholders. You may cancel at any time.
Premiums are $1.20 per $100 of your account balance on your statement date (plus applicable taxes).
Terms, conditions and eligibility restrictions apply. Full details are available on rbcroyalbank.com. This insurance coverage is underwritten by American Bankers Insurance Company of Florida and American Bankers Life Assurance Company of Florida, who carry on business in Canada under the trade name of Assurant.®
Annual Card Fee:
$120
Credit Score:
N/A
Extra Card Fee:
$50
Purchase Interest Rate:
21.99%
Minimum Personal Income:
$80,000
Balance Transfer Interest Rate:
22.99%
Minimum Household Income:
$150,000
Cash Advance Interest Rate:
22.99%
Note: 21.99% on Balance Transfers and Cash Advances if you reside in Quebec
1 This offer only applies to new applications for an RBC Cash Back Preferred World Elite Mastercard credit card received between October 1, 2026 and February 2, 2027 (“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 an additional $15.00 back for every $100.00 (15% Cash Back Credit) in Net Purchases (including pre-authorized bill payments) charged to your RBC Cash Back Preferred World Elite Mastercard account within the first 3 months from your account opening date (“Period”), on up to $2,000 in Net Purchases (“Welcome Bonus”), for a total Welcome Bonus of up to $300 in Cash Back Reward. Once you have reached $2,000 in Net Purchases or 3 months from your account opening date, the standard earn rate applicable to your credit card type will apply. The Welcome Bonus is in addition to the standard Cash Back Credit earn rates. Cash Back Credits 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. The Welcome Bonus will be credited to your Cash Back Account within 4-6 weeks after each Statement Date within the Period, provided your credit card account remains open and in good standing at that time “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.
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 has 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.
Refer to RBC page for up to date offer terms and conditions.
Legal references and product terms are available on the RBC website where the client will be directed during the onboarding process to review and agree to them.
® / ™ Trademark(s) of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada. ‡ All other trademarks are the property of their respective owner(s).
This post contains affiliate links.
The Website may engage in affiliate marketing, which is done by embedding tracking links into The Website. If you click on a link for an affiliate partnership, a cookie will be placed on your browser to track any sales for purposes of commissions.
Get 15% extra cash back on your first $2,000 in spend for 3 months.1
Apply by February 2, 2027.
FEATURES
Earn UNLIMITED cash back13
Earn 3% cash back on groceries, dining, and food delivery1
Earn 3% cash back on gas, EV charging, rideshare, and transit1
Earn 3% cash back on streaming and digital gaming1
Earn 1% cash back on all your other everyday purchases1
Get exclusive access to The Mastercard Collection, experience exceptional global access to dining, entertainment and travel benefits7.
Shop, dine and relax with partners to receive Mastercard Travel Rewards cash back offers8. Simply use your RBC Cash Back Preferred World Elite Mastercard when you travel outside Canada.
Mastercard Travel Pass provided by Dragon Pass Membership gives you access to 1,300+ airport lounges worldwide, and access to exclusive offers from luxury retailers9.
New ways to view and redeem cash back (Effective as of December 2, 2026)
Check your cash back balance anytime through Online Banking or the RBC Mobile App.
Redeem cash back at any time with a minimum of $1 through Online Banking or the RBC Mobile App or by calling in.11
Auto-redemption in December will no longer be available, allowing you to choose when and how to redeem your Cash Back Reward for maximum flexibility and value.
Partner Benefits
Save at Petro-Canada
Save 3¢/L on fuel and earn 20% more Petro-Points when you pay with an eligible linked RBC Credit Card3
Earn at Canadian Tire
Get 3x Canadian Tire Money when you link your eligible RBC card to your Triangle Rewards account, scan your Triangle Rewards card and pay with your linked RBC Card4
Earn more Be Well points at Rexall
Link your RBC Credit Card and earn 50 Be Well™ points on every $1 spent on eligible purchases at Rexall5
DoorDash
Add your RBC Credit Card to your DoorDash account and get a free 12 month DashPass subscription6
Insurance Coverage
Out of Province/Country Emergency Medical Insurance2
Flight Delay and Delayed Baggage Insurance2
Mobile Device Insurance2
Purchase Security and Extended Warranty Insurance automatically protects eligible card purchases against loss, theft or damage for up to 120 days, and triples the manufacturer’s original Canadian warranty for up to two years.
Protection for your rental car with Auto Rental Collision/Loss Damage Waiver Insurance.
Help protect your RBC credit card balance when you need it most – with optional BalanceProtector Max.
If you lose your job or become totally disabled, this coverage can pay 25% of your credit card total account balance – up to $6,250 per month for up to four months.
If you pass away, this coverage can make a single payment of the total amount owing on your credit card account to a maximum benefit amount of $25,000.
Enrolment is easy for eligible cardholders. You may cancel at any time.
Premiums are $1.20 per $100 of your account balance on your statement date (plus applicable taxes).
Terms, conditions and eligibility restrictions apply. Full details are available on rbcroyalbank.com. This insurance coverage is underwritten by American Bankers Insurance Company of Florida and American Bankers Life Assurance Company of Florida, who carry on business in Canada under the trade name of Assurant.®
Annual Card Fee:
$120
Credit Score:
N/A
Extra Card Fee:
$50
Purchase Interest Rate:
21.99%
Minimum Personal Income:
$80,000
Balance Transfer Interest Rate:
22.99%
Minimum Household Income:
$150,000
Cash Advance Interest Rate:
22.99%
Note: 21.99% on Balance Transfers and Cash Advances if you reside in Quebec
1 This offer only applies to new applications for an RBC Cash Back Preferred World Elite Mastercard credit card received between October 1, 2026 and February 2, 2027 (“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 an additional $15.00 back for every $100.00 (15% Cash Back Credit) in Net Purchases (including pre-authorized bill payments) charged to your RBC Cash Back Preferred World Elite Mastercard account within the first 3 months from your account opening date (“Period”), on up to $2,000 in Net Purchases (“Welcome Bonus”), for a total Welcome Bonus of up to $300 in Cash Back Reward. Once you have reached $2,000 in Net Purchases or 3 months from your account opening date, the standard earn rate applicable to your credit card type will apply. The Welcome Bonus is in addition to the standard Cash Back Credit earn rates. Cash Back Credits 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. The Welcome Bonus will be credited to your Cash Back Account within 4-6 weeks after each Statement Date within the Period, provided your credit card account remains open and in good standing at that time “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.
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 has 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.
Refer to RBC page for up to date offer terms and conditions.
Legal references and product terms are available on the RBC website where the client will be directed during the onboarding process to review and agree to them.
® / ™ Trademark(s) of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada. ‡ All other trademarks are the property of their respective owner(s).
This post contains affiliate links.
The Website may engage in affiliate marketing, which is done by embedding tracking links into The Website. If you click on a link for an affiliate partnership, a cookie will be placed on your browser to track any sales for purposes of commissions.
Part 1: Cash Back Value per Canadian Dollar
General Purchases: 1.5% cash back per Canadian dollar on all purchases up to $ 25,000 annually.†
After $ 25,000: 1% cash back per Canadian dollar on all purchases beyond the annual cap.†
Part 2: Cash Back Value per 100 Canadian Dollars
General Purchases: $ 1.50 cash back per $ 100 spent on all purchases up to $ 25,000 annually.†
After $ 25,000: $ 1.00 cash back per $ 100 spent on all purchases beyond the annual cap.†
Part 3: Summary of How to Get the Best Value
To maximize the value from the RBC Cash Back Preferred World Elite Mastercard® in Canada:
Monitor Spending: Ensure your annual spending does not exceed $ 25,000 to maintain the 1.5% cash back rate. Beyond this, the rate drops to 1%.
Redeem Wisely: Cash back is automatically credited to your account once it reaches $ 25, or you can call RBC to redeem it whenever you wish.
Utilize Additional Benefits: Take advantage of perks like 3¢ per litre savings on fuel at Petro-Canada, and linking your card for extra Petro-Points to increase overall savings.
Strategic Purchases: Use the card for all everyday purchases to accumulate cash back at the highest possible rate within the annual limit.
Part 4: Cash Back per $ 1000 Spending in Each Category
General Purchases (Up to $ 25,000): $ 15 cash back per $ 1000 spent.†
General Purchases (Over $ 25,000): $ 10 cash back per $ 1000 spent.†
No Special Categories: This card offers the same cash back rate across all spending categories without differentiation.
Cash Back Chart
Spending Range
Cash Back Rate
Per $ 1 CAD
Per $ 100 CAD
Per $ 1000 CAD
Up to $ 25,000
1.5%
$ 0.015
$ 1.50
$ 15.00
Over $ 25,000
1.0%
$ 0.010
$ 1.00
$ 10.00
† Terms and conditions apply.
NOTE : The value conversions may not be up to date. Please calculate your own conversion to Canadian dollars to ensure accuracy.
★ Conditions and Exemptions
• Do not browse or leave application page before it is completed.
• Please click from GCR again if session expires.
• Must apply online.
• Cash Back Rebate is from GCR and will be posted to your GCR account upon card approval.
• Cash Back not offered on repeat cardholders of the same card.
• NOTE: You must contact GCR within 4 months of application date to report a missing rebate otherwise the rebate is void.
Get 25% Referral Bonus Get paid in cash 25% of all cash back rebates all your referrals collect
Great Canadian Rebates works in partnership with over 900 well known merchants. These outlets already offer great deals and savings, you save even more when you shop online as a member here. Once you register, you can save through Cash Back Rebates and even more using our coupons, deals, discounts and sales links.
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