Note: We may earn commissions (at no cost to you) if you buy through links on our site. Learn more.

RBC Cash Back Mastercard review

Compare Compare  
Advertiser Disclosure

Annual Fee
$0.00
Interest Rate: Purchases
20.99%
Interest Rate: Purchases
20.99%
Balance Transfer
22.99%
Balance Transfer
22.99%
Rewards
1 - 2% cashback
Rewards
1 - 2% cashback
Signup Bonus
-
Signup Bonus
-


8.4/10
Informr score
The RBC Cash Back Mastercard currently has an Informr score of 8.4 out of 10. This score is based on our evaluation of 5 sources including reviews from users and the web's most trusted critics.

Am I eligible?


RBC Cash Back Mastercard is typically available to those with good credit scores (650 or greater).
To get this card, you must also:
Yes Be at least 18 years of age (AB, MB, ON, PE, QA, SK). 19 in all other provinces.
Yes Be a permanent or temporary resident of Canada

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...


SAVVY New Canadians
SAVVY New Canadians

The RBC Cash Back Mastercard offers a competitive 2% earnings rate on grocery purchases and up to 1% on everything else. Given its no-annual-fee status, it is worth considering if you are in the market for a viable cash back rewards card.

- Enoch Omololu, SAVVY New Canadians
Money.ca
Money.ca

If you’re an avid grocery shopper looking for a no-fee cash back credit card with accessible qualification requirements, the RBC Cash Back Mastercard is an excellent starting point. This credit card is widely accepted and lets you earn 2% cash back on groceries² and up to 1% cash back on everything...

- Jordann Brown, Money.ca
Reviewlution
Reviewlution

Hopefully, our RBC Cash Back Mastercard review helped you gain insight into the features this card offers. The RBC cash back credit card is a terrific option for everyday spending. With its cashback rewards program on groceries and other purchases, cardholders can rest assured knowing this card’s go...

- Marija Pandurov, Reviewlution
HowToSaveMoney.ca
HowToSaveMoney.ca

The RBC Cash Back Mastercard is a decent option for anyone with moderate annual spend looking to earn cash back at a competitive rate (for no annual fee). It also gives card holders 3 cents off per litre of fuel at Petro-Canada gas stations, which is very handy for anyone who buys gas there regularl...

- Dan, HowToSaveMoney.ca
My Rate Compass
My Rate Compass

Good cash back card with no annual fee and Unlimited Cash Back Credits on Your Purchases. The RBC Cash Back Mastercard has a slightly complicated rewards structure. You earn 2% cash back on your first $6,000 in grocery store purchases every year, and 1% thereafter, unlimited. On all other purchases,...

- Mohamed Konate, My Rate Compass

Details


Interest Rates
Regular APR Interest Rate 20.99%
Balance Transfer Interest Rate 22.99%
Cash Advance Interest Rate 22.99%
Rates & Fees
Annual Fee $0.00
Balance Transfer Fee 3%

Maximum

Cash Advance Fee $3.50

$5.00 fee for cash advances outside of Canada.

Foreign Transaction Fee 2.5%

Transactions made in a foreign currency will be converted and posted to your account in Canadian currency.

Over Limit Fee $29.00
Late Payment Fee $0.00
Promotions
Sign up bonus No
Rewards
All Purchases 1% cash back
Restaurants No
Gas No
Groceries 2% cash back
Hotels No
Travel No
Pharmacy No
Bills No
Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance No
Car Rental Insurance No
Car Rental Discount No
Extended Warranty Yes
Purchase Protection Yes
Zero Liability Yes
No Foreign Transaction Fees No
Emergency Assistance No
Concierge Service No
Price Protection No
Fraud Protection Yes
Free Credit Scores No
Wireless Payments Samsung Pay
Virtual Cards No
Eligibility
Minimum Security Deposit $0
Minimum Age

18 years in AB, MB, ON, PE, QA, SK. 19 years in all other provinces.

Minimum Personal Income
Temporary Residents No
More
Additional comments -
Terms & Conditions Official Terms & Conditions
Suggest a correction

Disclaimer: All products, logos, images and trademarks are the property of their respective owners. Content is not provided or commissioned by any company mentioned. Any views, analyses, or recommendations expressed here are those of the author's alone, and may not have been reviewed, approved or otherwise endorsed by any company mentioned.

Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

The Informr is an independent, advertising supported website and may receive compensation for sponsorships or when you click on certain affiliated links.

Use this card?

Help inform others by sharing your experience with RBC Cash Back Mastercard

Rate It: