RBC Cash Back Mastercard
Get up to 7% cash back for the first 3 months on up to $1,000 in total purchases
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📋Card Overview
🎁Welcome Bonus & Eligibility
Welcome Offer
You will earn an additional $5.00 back for every $100.00 (5% Cash Back Credit) in Net Purchases (including pre-authorized bill payments) charged on your RBC Cash Back Mastercard account within the first 3 months of account opening, up to a maximum total combined spend of $1,000 ("Welcome Bonus"). Thereafter, the standard Cash Back Credit earn rates of up to 2% on Grocery Store Purchases and up to 1% on other Net Purchases (that are not Grocery Store Purchases) apply.
Eligibility Requirements
This offer only applies to new applications for an RBC Cash Back Mastercard credit card received between December 10, 2025 and March 25, 2026
✨Key Card Features
- Earn up to 2% cash back on your grocery store purchases and up to 1% cash back on your everyday purchases including your favourite online and wholesale retailers
🏆Rewards Program
Cash Back
Earn rewards on every purchase with the Cash Back program. Redeem for travel, merchandise, gift cards, or statement credits.
Video Review
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Watch our detailed video review for the full breakdown and honest opinions
👤Who Can Apply?
Residency
Canadian residents
Eligibility
Must meet issuer credit and income requirements
🤔Is This Card Right For You?
✅ This card is great for:
- •People who want Cash Back rewards
- •Those who want rewards without paying an annual fee
- •Anyone looking for a generous welcome bonus
❌ Look elsewhere if:
- •You don't spend enough to justify the rewards structure
- •You prefer a different rewards program
⚖️Pros & Cons
Pros
- +No annual fee
- +Generous welcome bonus: Get up to 7% cash back for the first 3 months on up to $1,000 in total purchases
- +Cash Back rewards program
- +Free additional cards
Cons
- −High interest rate (20.99%)
🏆Our Verdict
The RBC Cash Back Mastercard is an excellent choice for those seeking a no-annual-fee card with solid rewards. The welcome bonus adds immediate value. Ideal for everyday spending without the commitment of an annual fee.
Apply on Issuer Site❓Frequently Asked Questions
What is the annual fee for the RBC Cash Back Mastercard?
The RBC Cash Back Mastercard has an annual fee of $0. No annual fee.
What are the interest rates for the RBC Cash Back Mastercard?
The purchase interest rate is 20.99% and the cash advance rate is 22.99%.
Who can apply for the RBC Cash Back Mastercard?
The RBC Cash Back Mastercard is available to Canadian residents who meet the issuer's eligibility requirements.
What welcome bonus does the RBC Cash Back Mastercard offer?
You will earn an additional $5.00 back for every $100.00 (5% Cash Back Credit) in Net Purchases (including pre-authorized bill payments) charged on your RBC Cash Back Mastercard account within the first 3 months of account opening, up to a maximum total combined spend of $1,000 ("Welcome Bonus"). Thereafter, the standard Cash Back Credit earn rates of up to 2% on Grocery Store Purchases and up to 1% on other Net Purchases (that are not Grocery Store Purchases) apply.
Is the RBC Cash Back Mastercard worth it?
The RBC Cash Back Mastercard is a great no-annual-fee option. The welcome bonus of Get up to 7% cash back for the first 3 months on up to $1,000 in total purchases adds significant value. The Cash Back program offers flexibility for redemptions.
