$99
Annual fee
(up to $25,000/year, 1x after)
Last updated: December 10, 2025
The RBC® Cash Back Preferred World Elite Mastercard is marketed as a 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.
Annual Fee
$99
Additional Card
Free
| Category | Rate | Cap | After Cap |
|---|---|---|---|
| All Purchases | 1.5% | $25,000/year | 1% |
Cash back is automatically credited to your account each January and appears on your February statement. You can also request a credit at any time, provided your cash back balance is at least $25.
Petro-Canada 3¢/L savings
GeneralRexall Be Well 50 pts/$1
GeneralDoorDash 12-month DashPass
GeneralEarn Moi Rewards at select partners
GeneralDragon Pass lounge access (1,300+ lounges, US$32/visit)
GeneralUnderwritten by Aviva General Insurance Company (for CDW); RBC Insurance Company of Canada (for Purchase Security & Extended Warranty)
| Coverage | Maximum | Details |
|---|---|---|
| Emergency Medical | Not included | — |
| Trip Cancellation | Not included | — |
| Trip Interruption | Not included | — |
| Trip Delay | Not included | — |
| Baggage Delay | Not included | — |
| Baggage Loss | Not included | — |
| Rental Car | Included | Primary CDW · MSRP ≤ $65,000 · up to 48 days |
| Purchase Protection | $50,000/year | 120-day coverage |
| Extended Warranty | +2 years | — |
60,000 Avios
55,000 Avion points
55,000 Avion points
70,000 Avion points
45,000 Avion points
35,000 Avion points
21,000 Avion points
45,000 WestJet points
45,000 WestJet points
11,000 Avion points
10,000 WestJet points
Last updated: December 10, 2025