RBC Cash Back Mastercard
Rewards Calculator Algorithm
You can either estimate rewards by inputting your spending habits manually or creating secure bank connections through our trusted financial partner mx.com and letting Finly analyze your spending in the past year.
Total Spending
Modify your spending numbers and click update to get the most accurate reward estimates.
$0
Card Details
Annual Rewards
$251.28
First Year Bonus
$0
Annual Fee
$0
First Year Value
$251.28
Interest Rates
Cash Advance: 22.99% (for Quebec 21.99%)
Purchase: 20.99%
Annual Fee
$0
Annual Income
Personal: N/A
Household: N/A
Credit Score
Good
Welcome Bonus
N/A
Card Type
Reward: Cash Back
Loyalty Program: RBC ION Avion
Our Rating
2.2/5
Institution
RBC
Rewards
- 2% cash back on groceries (maximum $120 cash back yearly then 1%)
- 0.5% cash back on all other purchases for the first $6k spent
- 1% cash back on all other purchases after spending over $6k
RBC Cash Back Mastercard Cash Back Calculator
Based on average spending
Rewards Ranking
Rewards Breakdown
Groceries
$82.56
others
$30
All other purchases
$138.72
Net Annual Rewards
$251.28
Rewards Summary
Net Annual Rewards
$251.28
Welcome Bonus
$0
First Year Value
$251.28
Insurance & Benefits
Insurance
Coverage
Purchase Protection
90 days
Extended Warranty
Up to a year
Benefits
Details
Gas Discount
save 3¢/L on fuel and always earn 20% more Petro-Points at Petro-Canada
Extra points
50 Be Well points for every $1 spent on eligible products at Rexall
Pros & Cons
Pros
- 2% cash back on groceries (up to $6,000 annually).
- No annual fee.
- Instant gas savings: Save 3¢ per litre at Petro-Canada locations and earn 20% more Petro-Points.
- Flexible cash back redemption: Get your cash back on demand when you reach $25 in accumulated rewards.
Cons
- Lower cash back rate: Only 0.5% cash back on non-grocery purchases up to $6,000, and 1% after.
- Limited insurance coverage: Only basic extended warranty and purchase protection.