
$99
Annual fee
All Purchases
(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.
Currently, there is no welcome offer on the RBC® Cash Back Preferred World Elite Mastercard.
The annual fee is $99†, with free supplementary cards†. A minimum personal income of $80,000 or household income of $150,000 is required.
The RBC® Cash Back Preferred World Elite Mastercard earns:
There are no bonus categories to track, and cash back is earned on net purchases only (not on cash advances, fees, or interest).
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.
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:
Link your RBC card and automatically enjoy:
Rexall: Earn More With Be Well™†
Scan your Be Well card and pay with your linked RBC card to earn:
Moi Rewards at Metro, Food Basics & More†
With your Moi Rewards card and linked RBC card, earn:
As a World Elite Mastercard cardholder, you receive:

Last updated: December 10, 2025
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†.