Learn how Cash Back credit cards work, how much you can earn, how to maximize your cash back, and more.
Compare RBC’s Cash Back Credit Cards
Choose a cash back credit card that fits your spending, with higher earn rates in select categories and unlimited cash back on everyday purchases.
RBC Cash Back Mastercard
Annual Fee
$0
Best for earning cash back with no annual fee
Special Offer
Get 5% extra cash back on your first $2,000 in spend for 6 months^. Apply by February 2, 2027.
RBC Cash Back Preferred World Elite Mastercard
Annual Fee
$120
Best for earning cash back with premium benefits
Special Offer
Get 15% extra cash back on your first $2,000 in spend for 3 months^. Apply by February 2, 2027.
What You Need to Know about Cash Back Credit Cards in Canada
- What is a Cash Back Credit Card?
- How Do Cash Back Credit Cards Work?
- How Do I Apply for a Cash Back Credit Card?
What is a Cash Back Credit Card?
A cash back credit card gives you back a percentage of eligible purchases as cash back. Some cash back credit cards offer more cash back on certain purchases, while others offer a flat rate across every purchase type.
How Do Cash Back Credit Cards Work?
An RBC cash back credit card lets you earn unlimited cash back on everyday purchases. As you make eligible purchases, RBC automatically tracks the cash back you earn. Your cash back is calculated based on your card’s terms and can be viewed on your monthly statement or through your online account.
How Do I Apply for a Cash Back Credit Card?
You can apply for an RBC cash back credit card online here by selecting “Apply Now” on your chosen card. Existing clients can also apply through RBC Online Banking, the RBC Mobile app, or by calling an advisor.
What are the Benefits of a Cash Back Credit Card?
Make the most of everyday spending with cash back rewards, easy redemption and added protection when you use your card.
Earn
Cash back credit cards let you earn a percentage of what you spend on eligible purchases, with the opportunity to earn even more in select spending categories like groceries and gas.
Redeem
The cash back you earn can be redeemed as a statement credit at any time with a minimum of $25 by calling, giving you an easy way to use your rewards.
Insurance
RBC cash back credit cards include insurance benefits that offer extra peace of mind on things like purchases, and more.
Find the Right Cash Back Credit Card for You
| Best For | |
|---|---|
| Earning unlimited cash back on all purchases with no annual fee. | Earning more unlimited cash back on all purchases with premium card benefits. |
| Welcome Offer | |
| Get 5% extra cash back on your first $2,000 in spend for 6 months^. Apply by February 2, 2027. | Get 15% extra cash back on your first $2,000 in spend for 3 months^. Apply by February 2, 2027. |
| Annual Fee | |
| $0 | $120 |
| Cash Back | |
| 2% unlimited cash back on groceries1 1% unlimited cash back on gas, EV charging, and transit purchases1 0.5% unlimited cash back on all other purchases1 |
3% unlimited3 cash back on groceries, dining, food delivery, gas, EV charging, rideshare, transit, streaming and gaming purchase 1% unlimited cash back on all your other everyday purchases1 |
| Additional Card | |
| $0 | $50 |
| Income Requirement | |
| N/A | Personal: $80,000 or Household: $150,000 |
| Purchase Rate | |
| 21.99% | 21.99% |
| Cash Advance Rate | |
| 22.99%* | 22.99%* |
Learn More About RBC Cash Back Credit Cards
Browse tips, tools, and guides designed to help you choose with confidence.
Tools and Calculators
Understand Your Earnings
Calculate Cash BackExplore and Compare Credit Cards
Compare Credit CardsFind the Right RBC Card for You
Help Me ChooseGuides and Articles
How do Cash Back Credit Cards Work? A Complete Guide
What is a Credit Card? An Introductory Guide
Explore an introduction to credit cards, how they work, and the different types available so you can understand the benefits and how to manage your credit card.
How to Get the Most Out of Your Loyalty and Credit Card Rewards Programs
Get more out of the points you’re already earning. Discover how to make rewards programs work harder for you.
Not Sure if a Cash Back Credit Card is Right for You?
Explore other great credit cards from RBC.
Rewards
Collect points for eligible purchases, such as, groceries, gas, dining, and more
View Rewards Cards
Low Interest
Save on interest when you carry a balance while enjoying the benefits of an RBC Visa card
View Low Interest Cards
Visa
Enjoy secure, worldwide spending with an RBC Visa card, and earn rewards that fit your lifestyle
View Visa Cards
MasterCard
Shop flexibly and securely with an RBC Mastercard, earning rewards and exclusive benefits
View Mastercard CardsFrequently Asked Questions
Get cash back on what matters most: Choose a card with higher earn rates in the categories that match your spending, from groceries and gas to dining, transit, rideshare, streaming and gaming. Plus, earn unlimited cash back on every eligible purchase, with no cap on how much you can earn.
Choose the most valuable benefits for you: Choose from no annual fee or exclusive benefits like Emergency Medical insurance and airport lounge access. Try out credit card selector tool to help find the right RBC card for you.
See how much cash back you can earn: Try our credit card cash back calculator to see how much cash back you can earn in a year based on your monthly spending.
Redeeming your cash back is easy. Here’s how to redeem it:
- Phone redemption: Once the cash back balance on your credit card reaches $25 or more, you can have the full amount credited to your account at any time by calling 1-800-769-2512
- Auto-redemption: Your cash back will automatically be credited to your account every January and appear on your February monthly statement
Your cash back accumulates automatically and can be viewed on your monthly statement or through RBC Online Banking or the RBC Mobile App.
Yes, you do get access to Avion Rewards with the RBC Cash Back Mastercard and RBC Cash Back Preferred World Elite Mastercard. Learn more about the Avion Rewards program, including how to load exclusive offers and access rewards when you link to our partners.
