RBC^® Cash Back Mastercard^ǂ

The RBC^® Cash Back Mastercard^ǂ is currently offering a welcome bonus of 5% extra cash back on your first $2,000 in purchases in the first six months^{^}, worth up to $100 in cash back on top of the card's regular earn rates. To qualify, apply by February 2, 2027.

This is a no-fee card, and supplementary cards are also free.

The RBC^® Cash Back Mastercard earns 2% cash back^† on grocery store purchases, 1% cash back^† on gas, EV charging, transit, and rideshare purchases, and 0.5% cash back^† on all other purchases, including pre-authorized bill payments.

There's no annual cap in any category, so cash back is unlimited^†. Cash back isn't earned on cash advances, balance transfers, fees, or interest charges.

Until December 1, 2026, you can request your cash back as a statement credit by calling RBC once your balance reaches $25, or let it post automatically in December.

From December 2, 2026, you'll be able to check your balance and redeem at any time, with a minimum of $1, through RBC Online Banking or the RBC Mobile app, or by calling in^†. The automatic December redemption goes away at that point, so you choose when to redeem.