RBC Cash Back Preferred World Elite Mastercard
2.9/5
Rewards Calculator Algorithm
You can estimate your rewards by inputting your monthly or yearly spending habits.
Finly factors in all the reward limits and fine prints of every single credit card so you can be sure your results are as accurate as possible.
Your Spending
Modify your spending numbers and click update to get the most accurate reward estimates.
$2,000
Restaurant, Fast Food & Coffee Shop
$
Grocery
$
Recurring Purchases (Bills, Subscriptions, Rent via Chexy)
$
Gas
$
Transportation
$
Entertainment (Movies, Concerts, etc.)
$
Foreign Purchases (Non $CAD)
$
Travel (Flights, Hotels, etc.)
$
Pharmacy
$
Online Shopping
$
Home Improvement (Renovation, Furniture)
$
Purchases at Canadian Tire, Sport Check, Lquipeur, Atmosphere, Party City, SportsRousseau, HockeyExperts, LentrepduHockey
$
Other Purchases Not Specified
$
Card Details
Based on $2,000 spending
First Year Value
$261
$261 in years after
Annual Rewards
$360
RBC ION Avion
First Year Bonus
$0
RBC ION Avion
Annual Fee
$99
First Year Value
$261
While the first year bonus value here shows $0, the actual welcome bonus for this credit card is valued at $120 when you meet the minimum spending or other listed requirements. The value of $0 here was derived based on numbers in the spending inputs.
Interest Rates
Cash Advance: 22.99%
Purchase: 20.99%
Balance Transfer: 22.99%
Annual Fee
$99
Annual Income
Personal: $80,000
Household: $150,000
Credit Score
Good
Welcome Bonus
N/A
Card Type
Category: Cash Back
Loyalty Program: RBC ION Avion
Our Rating
2.9/5
Institution
RBC
Rewards
- 1.5% cash back on all purchases on the first $25k spent annually
- 1% cash back on all other purchases after spending over $25k annually
RBC Cash Back Preferred World Elite Mastercard Cash Back Calculator
Based on $2,000 spending
Rewards Ranking
Rewards Breakdown
others
$360
All other purchases
$0
Annual Fee
- $99
Net Annual Rewards
$261
(after fees)
Rewards Summary
Net Annual Rewards
$261
(after fees)
First Year Card Bonus
$0
First Year Card Value
$261
Insurance & Benefits
Insurance
Coverage
Purchase Protection
120 days
Extended Warranty
Up to 2 years.svg)
Car Rental Damage & Theft
yes
Benefits
Details
Airport Lounge - Dragon Pass
Access to +1300 Airport lounges with MasterCard DragonPass - complimentary visits not included.svg)
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
Boingo Wi-Fi hotspot
Over 1 million hotspots worldwide
Mastercard On-Demand and Subscription Services
Pros & Cons
Pros
- 1.5% cash back on all purchases up to $25,000 annually.
- Redeem cash back anytime you have at least $25 accumulated.
- Lower annual fee of $99 for a premium card compared to others in the same category.
- RBC credit card benefits, including fuel savings at Petro-Canada and earning bonus Petro-Points.
Cons
- High income requirements: $80,000 personal or $150,000 household.
- Only 1% cash back after spending $25,000 annually.
- Limited insurance coverage compared to other premium cards.