RBC Cash Back Preferred World Elite Mastercard 2026 Review

Annual fee
CA$99
Rewards rate
1.5%-1%
Welcome Bonus
12%
Apply Now →on RBC's website

  • 1.5%Cash back on the first $25,000 in all qualifying purchases
  • 1%Cash back on all qualifying purchases thereafter

Welcome Bonus:

Earn a total of 12% cash back on Net Purchases made within the first 3 months.

Reward Rate:

Earn 1.5% on the first $25,000 in all qualifying purchases and 1% thereafter.

What sets the RBC Cash Back Preferred World Elite Mastercard apart is its premium benefits and higher cash back rates on all purchases, making it a strong contender for those who spend significantly across various categories.

Pros:

  • High cash back on all purchases
  • Premium travel benefits

Cons:

  • Annual fee applies
  • Higher spending threshold for maximum rewards
Apply now →

The RBC Cash Back Preferred World Elite Mastercard is well-suited for individuals who frequently use their credit card for a wide range of purchases and aim to maximize their cash back rewards. With its competitive reward rates and additional premium benefits, it may be particularly appealing for those willing to pay an annual fee for enhanced earning potential and perks.

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