RBC Cash Back Preferred World Elite Mastercard 

Welcome Bonus
$240 cash back
Ends Aug 26, 2025
  • Accepted at Costco
Annual Fee
$99
Interest rates
Purchase Rates
20.99 %
Cash Advance Rates
22.99 %
21.99 % (QC)
Balance Transfer Rates
22.99 %

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RBC Cash Back Preferred World Elite Mastercard
$240 cash back
Ends Aug 26, 2025
Apply Now
Updated May 16, 2025

Offer

Special offer: Get 12% cash back on all purchases for the first 3 months up to a total of $2,000 purchases. Apply by August 26, 2025.

  • Earn up to 1.5% cash back on all your purchases
  • Get unlimited cash back; no limit on what you can receive
  • Premium purchase protection for 120 days
  • Extended warranty triples the manufacturer’s original Canadian warranty
  • Protect your rental car with Auto Rental collision/Loss Damage Insurance
  • Instantly save 3₵ per litre on gas & earn 20% more Petro-Points when you link your Petro-Points card to any RBC Card online.

Fees & Conditions

Personal Income $80,000
Household Income $150,000
Annual Fee $99
First Additional Card $0
Foreign Transaction Fee 2.5%
Purchase Rates 20.99%
Cash Advance Rates 22.99%
Balance Transfer Rates 22.99%
Cash Advance Rate (QC) 21.99%

Value

Calculate the rewards
Your Monthly Spending
Year 1
Year 2+
Welcome Bonus
0 $
Annual Credit
Travel benefits
VIP Lounges
First year offer value
Rewards Earned
Annual fee
Net value

Advantages

Offer ends on Aug 26, 2025
Welcome Bonus amount $240 cash back
Minimum Spending Required $2,000
Minimum Spending Timeframe (Months) 3 month(s)
Costco

Earnings

Per dollar of purchases

All Spending 1.5 %
Groceries 1.5 %
Gas 1.5 %
Dining and Food delivery 1.5 %
Convenience Stores 1.5 %
Drugstores 1.5 %
Local Transport 1.5 %
Travel 1.5 %
Entertainment 1.5 %
Recurring Payments 1.5 %
Telecom/Internet 1.5 %
Streaming services 1.5 %
Online transactions 1.5 %
Office Supplies 1.5 %

Insurance

Travel Insurance

Insurance Name
Included
Amount
Duration
Travel Medical Insurance
Travel medical insurance up to 54 years old
Travel medical insurance up to 64 years old
Travel medical insurance 65+
Trip Cancellation Insurance
Trip Interruption Insurance
Common Carrier Travel Accident Insurance
Flight Delay Insurance
Delayed Baggage Insurance
Lost/Stolen Baggage Insurance
Auto Rental Loss/Insurance
$65,000
48 day(s)
Hotel/Motel Burglary Insurance

There may be a daily maximum amount depending on the type of fees paid

Other Insurance

Insurance Name
Included
Amount
Duration
Extended Warranty
2 year(s)
Purchase Protection
120 day(s)
Mobile Device Insurance
Price Protection

Alternative Cards

4.5 Milesopedia Rating