New cardmembers can earn 12% Cash Back on the First $2,000 in Purchases by completing the steps below.
How to earn it
12% cash back (up to $240)Earn 12% cash back on the first $2,000 in eligible purchases made within the first 3 months of account opening. The 12% rate includes the card's standard earn rate.
Offer applies to new RBC Cash Back Preferred World Elite Mastercard applications received between May 28, 2026 and September 9, 2026. Additional cardholders and existing RBC personal credit cardholders transferring to this card are not eligible.
Offer ends 2026-09-09.
How you earn
1.5% cash back on the first $25,000 in annual eligible purchases
1% cash back on eligible purchases after $25,000 in annual spending
Unlimited cash back earnings with no overall annual cash back limit
Redeem cash back as a statement credit once your cash back balance reaches $25
Automatic annual cash back payout in January when your balance exceeds $25
Built-in perks & coverage
Mastercard Travel Pass by DragonPass
Access to over 1,300 airport lounges worldwide through Mastercard Travel Pass provided by DragonPass.
Auto Rental Collision/Loss Damage Waiver
Coverage for eligible rental vehicles against theft or damage when the full rental cost is charged to the card.
Purchase Security
Protects eligible purchases against theft, loss or accidental damage for up to 120 days from the purchase date.
Extended Warranty
Triples the original Canadian manufacturer's warranty on eligible purchases for up to two additional years.
Mastercard Travel Rewards
Earn cash back offers and travel-related discounts from participating merchants when travelling outside Canada.
Mastercard World Elite Benefits
Access to premium World Elite Mastercard travel, lifestyle, entertainment and partner benefits.
DoorDash DashPass Membership
Complimentary 12-month DashPass membership with eligible DoorDash delivery benefits.
Petro-Canada Benefits
Save 3¢ per litre on fuel and earn 20% more Petro-Points when linking your card to a Petro-Points account.
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Rexall Be Well Benefits
Earn 50 Be Well points per dollar spent on eligible purchases at Rexall when linked to a Be Well account.
Fraud Protection
Protection against unauthorized transactions when reasonable precautions are taken to safeguard the card.
The verdict
What we like
High flat 1.5% cash back earn rate
Unlimited cash back earning potential
Premium World Elite travel and lifestyle benefits
Worth noting
$99 annual fee
Rewards rate drops to 1% after $25,000 annual spending
2.5% foreign transaction fee
Issuer terms apply. ClearFin is not affiliated with this provider. How we make money.
