Up to 12% cash back† 
$99 annual fee The RBC® Cash Back Preferred World Elite Mastercard is marketed as as premium cash back card, with a simple earning structure for those who want a decent return on their spending without having to concern themselves with bonus categories.
Bonuses & Fees
The RBC® Cash Back Preferred World Elite Mastercard is currently offering 12% cash back† in the first three months, up to $2,000 spent on all eligible net purchases†.
The annual fee is $99†, with free supplementary cards†.
Earning Rewards
Outside the welcome bonus period, the card earns:
- 1.5% cash back† on all qualifying purchases up to $25,000 spent per Annual Period†
- 1% cash back† on all qualifying purchases over $25,000, with no maximum†
There are no bonus categories to track, and cash back is earned on net purchases only (not on cash advances, fees, or interest).
Redeeming Rewards
There are two ways to redeem RBC® cash back:
- Upon reaching a cash back balance of at least $25, call RBC® (1-800-769-2512) to credit the entire amount to your account
- Automatically credited every January and appears on February statement
Perks & Benefits
The RBC® Cash Back Preferred World Elite Mastercard includes a handful of benefits†.
DashPass from DoorDash†
Get a complimentary 12-month DashPass subscription when you add your eligible RBC credit card and activate the offer.
This gives you:
- $0 delivery fees on orders of $15+
- Reduced service fees at eligible restaurants
Petro-Canada: Fuel Savings + Points Boost†
Link your RBC card and automatically enjoy:
- 3¢/L off every fill-up
- 20% more Petro-Points on qualifying purchases
No need to swipe your Petro-Points card—your linked RBC card does the work.
Rexall: Earn More With Be Well™†
Scan your Be Well card and pay with your linked RBC card to earn:
- 50 Be Well points per $1 spent on eligible purchases
This can be a powerful stacking opportunity when combined with Be Well promotions.
Moi Rewards at Metro, Food Basics & More†
With your Moi Rewards card and linked RBC card, earn:
- 1 extra Moi point for every $2 spent at Metro, Food Basics, Super C, Jean Coutu, Brunet, or Première Moisson (minimum purchase thresholds apply)
Mastercard Travel Pass (DragonPass)†
As a World Elite Mastercard cardholder, you receive:
- Complimentary DragonPass membership, with access to 1,300+ lounges
- Pay-per-visit pricing (currently US$32 per person)
Insurance Coverage
The RBC® Cash Back Preferred World Elite Mastercard card offers basic insurance coverage, which is below par for a World Elite card.
Auto Rental Collision/Loss Damage Waiver Insurance†
Covers eligible rental cars with an MSRP up to $65,000†.
Purchase Security†
Protects eligible purchases against loss, theft, or damage for 120 days†.
Extended Warranty†
Triples the manufacturer’s original Canadian warranty, up to two additional years†.
Credit card companies must have the best lawyers on their payroll because the methods used to advertise any given card are SO deceitful. Example: airport lounge pass to over 2300 lounges. PASS is the key word which implies FREE ENTRY but there IS an entry fee per member AND per guest. If 4 people enter a lounge and pay $32 each they’re better off to eat a $32 meal at any decent restaurant!!!