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RBC® Cash Back MasterCard

RBC® Cash Back MasterCard

Earn unlimited cash back credits¹ on a card with no annual fee

Our Rating:
Annual Fee Interest Rate Balance Transfer Cash Advance Credit Score Good: -- I've had a credit card, or loan for 6+ years. I've had good credit for the last 7 years (no bankruptcies or no defaults on credit as a result of failing to pay debts back to creditors). I haven't opened a new credit card account, loan, or line of credit in the last nine months. I've made the minimum payments on my existing credit cards for the past three months. Rewards Are all rewards created equal? -- From points, to miles, to cash back - how do you know how much you're really getting? To help you find the best rewards card, we've created the Your Reward Return, a rate that lets you know the rate of return from your spending into rewards so that you can compare like for like. Now that's wise thinking!
$0.00 19.99% 21.99% 21.99% Good 2.00% *maximum
  • Card Details Details
  • Our Review Review

Card Details


  • A low introductory interest rate of 1.9% for 10 months on balance transfers and cash advances

  • Earn up to 2% cash bank credits on grocery store purchases²

  • Earn up to 1% cash back credits on all other purchases including pre-authorized payments²

  • Protect your eligible purchases for up to 90 days against loss, theft or damage*

  • Cash back credits accumulate automatically

  • Purchase on your card and automatically double the manufacturer's warranty up to one year*


 

Features and Benefits

  • Purchase protection and extended warranty

RateSupermarket.ca's Review

Love earning cash back rewards, but hate paying high fees? The RBC Cash Back MasterCard not only offers competitive cash back earnings for a no-fee option, but it also packs a very attractive 1.90% promotional Balance Transfer and Cash Advance Rate for the first 10 months. Cardholders can pick between paying off a lingering balance, or enjoying decent cash back earnings on all purchases.

Top Features About the RBC® Cash Back MasterCard‡

  • Earn 2% on the dollar on grocery purchases - great features for families
  • Earn 1% back on all other purchase types (including gas)
  • Pay no annual fee
  • Promotional 10-month 1.99% Balance Transfer and Cash Advance Rate

Pros

  • No annual fee
  • Great cash back earning rate for a no-fee option
  • No limit on cash back earnings
  • No promotional restrictions on cash back earning rate.
  •  

Cons

  • Balance Transfer and cash back features cannot be used at the same time
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How We Did It: Balance Transfers

Ave. Canadian Credit Card Debt Amount Paid Monthly Debt Timeline
$3,277.33 Minimum Payment (varies) 24 Months

 

All interest totals include limited time interest rates, credits, bonuses and annual fees.

Rate and product information are subject to change at any time and does not constitute financial advice. Please contact supplier for complete details.