Get a Low Introductory Interest Rate of 1.9% for 10 months on Balance Transfers and Cash AdvancesΔ
The RBC Cash Back Mastercard is the easy way to earn cash back rewards on almost everything you buy. Use it for groceries and everyday items—big or small.
- No annual fee
- Earn unlimited cash back on all purchases1
Interest Rates & Fees
|Cash Advance Rate:||22.99%|
Cash Back is Easy
There's no complex point system to remember. Cash Back rewards are unlimited, easy to understand and easy to earn – simply spend with your card and they'll automatically accumulate.
Shop with confidence when you use your card which includes Purchase Security and Extended Warranty Protection. Eligible purchases with your card are covered up to 90 days against loss, theft or damage and the manufacturer’s warranty is automatically doubled up to one year.*
Cash Advance: $3.50 in Canada and $5.00 outside of Canada
Dishonoured Payment Fee: $45.00
Overlimit Fee: $29.00 (Effective August 1, 2019 if you reside in Quebec, fee does not apply.)
Additional Copies: $5 Monthly Statement, $1.50 for Statement updates at the ATM, $2 for Transaction Receipts
In order to benefit from the 1.9% introductory interest rate on cash advances and balance transfers for 10 months, your application form must be received and approved by us. The introductory interest rate offer is applicable to all cash advances (i.e. cash withdrawals from a bank branch or ATM with your RBC Royal Bank credit card, balance transfers, cash-like transactions and bill payments that are not pre-authorized charges that you set up with a merchant). All other account activities, including purchases, are subject to the standard account annual interest rate(s) indicated on your monthly statement. Interest is charged from the day the cash advance is made, until we receive your payment for the total amount you owe. The introductory interest rate on cash advances remains in effect through the first 10 full monthly statement periods (approximately 10 months from account open date). The Interest Rate Chart on your monthly statement will indicate the date on which the introductory interest rate expires, as long as you have a remaining balance associated with your introductory interest rate. If we do not process statements on the expiry date (for example, if it falls on a holiday or weekend), you will continue to benefit from that Introductory Interest Rate until your statement is prepared, the next processing day. At the expiration of this offer: (i) all cash advances; and (ii) any remaining balance, which were subject to the Introductory Interest Rate under this offer, will be subject to the cash advances interest rate indicated on your monthly statement. In general, if your credit card account consists of balances with different interest rates, such as purchases at the standard rate and cash advances at a Introductory or Promotional Interest Rate (e.g. temporary lower rate on all cash advances), any payment that exceeds the minimum payment due will be allocated to those balances in a proportionate manner. Your payment will not be applied to the balance(s) of your choice, such as the balance(s) with the highest interest rate, or to any category of balance(s) following a specific order. For example, proportionate allocation means if your purchases balance at the standard rate is $800 and you have a cash advances balance of $200 at one Promotional Interest Rate, 80% will be allocated to your purchase balance and 20% will be allocated to your cash advances. If you miss making any minimum payment by the payment due date, and if you have not paid it before the date we prepare your next monthly statement, and/or if you change your actual RBC Royal Bank credit card for another type of card before the expiration of the offer, you will lose the benefit of this and any other introductory or Promotional Interest Rate offer(s) in which you are participating and any remaining balances which were subject to the introductory or other promotional annual interest rate under an offer(s) will be subject to the annual interest rate(s) indicated on your monthly statement beginning on the first day of the third statement period after the missed payment. Cash advances do not qualify for RBC Rewards® points, partner rewards or cash back credits if your credit card is a type that earns rewards. Balance transfers cannot be used to pay any RBC Royal Bank credit card account or used for pre-authorized payments. Please call customer service at 1-800-769-2512 for up-to-date information on your credit card account. Your RBC Royal Bank Credit Card Agreement explains the terms under which you use your RBC Royal Bank credit card. Please refer to it for full details. This offer maybe amended or withdrawn at anytime.
Insurance is subject to limitations and exclusions. Please refer to the Certificate of Insurance for complete details at www.rbcroyalbank.com/cards/documentation. Underwritten by RBC Insurance Company of Canada and RBC General Insurance Company.
Unlimited means there is no maximum cash back rewards you can earn on grocery store purchases and other purchases (up to your available credit limit) per Annual Period. For complete RBC Cash Back Program terms and conditions, please visit: www.rbcroyalbank.com/cards/documentation.
You will earn i) $2.00 back for every $100.00 (2% Cash Back Credit) in Grocery Store Purchases you make, up to a maximum of $6 000 per Annual Period, ii) $1.00 back for every $100.00 (1% Cash Back Credit) in Grocery Store Purchases you make in excess of $6,000 during an Annual Period, unlimited, iii) $0.50 back for every $100.00 (0.5% Cash Back Credit) in Net Purchases you make (including pre-authorized bill payments), other than Grocery Store Purchases, up to a maximum of $6 000 per Annual Period, and iv) $1.00 back for every $100.00 (1% Cash Back Credit) in Net Purchases you make (including pre-authorized bill payments), other than Grocery Store Purchases, in excess of $6,000 during an Annual Period, unlimited. Grocery Store Purchases are purchases made at merchants classified by Mastercard's "Merchant Category Code" as "grocery stores and supermarkets" (MCC 5411). Even though some merchants such as department stores, variety stores and convenience stores may sell groceries, purchases made at these locations may not necessarily qualify as Grocery Store Purchases if the merchant is not classified by MCC 5411. Also, merchants that are not classified by MCC 5411 may be located on the premises of merchants that are classified by MCC 5411, in which case purchases made at these locations would not qualify as Grocery Store Purchases. Royal Bank of Canada ("Royal Bank") cannot guarantee that any merchant, operating in whole or in part as a grocery store, is classified by MCC 5411 and in no event will Royal Bank be liable or responsible for any claims with respect to a grocery store purchase made at a merchant that is not classified by MCC 5411. To consult the list of participating merchants, please visit: www.rbc.com/nofeecashback. Provided your New Cash Back Balance is $25 or greater, Cash Back Credits earned during the Annual Period will i) automatically be credited to your January Account balance and appear on your February Account Statement, and/or ii) be credited at any other time, upon request. Cash Back Credits are not earned on cash advances (including RBC Royal Bank credit card cheques, balance transfers, cash-like transactions and certain bill payments), interest charges or fees, and credits for returns and adjustments will reduce or cancel the cash back credits earned by the amounts originally charged. For complete details, please refer to the RBC Cash Back Program Terms and Conditions at: www.rbc.com/nofeecashback.