RBC Cash Back Mastercard

Summary of Flytrippers' review


  • The fact there’s no annual fee
  • The flexibility of more simple cash back rewards


  • Those who want simple cash back that’s way less valuable than travel rewards but gives more flexibility
  • Those who want a no-annual-fee card even though the total value is always what you should look at
  • Those with lower income levels (no minimum income required)

Card details

Welcome bonus offer $0 cash back No bonus ━ Earn on the minimum spending requirement $0 cash back No minimum spending requirement ━ Total rewards by unlocking the welcome bonus $0 cash back Welcome bonus + earn on the minimum spending requirement to unlock it ‣Apply for the RBC Cash Back Mastercard

Value of the welcome bonus offer
(at the simple fixed value of RBC cash back)

$0 Welcome bonus
–$0 Card fee (no annual fee)

$0 Total net value by unlocking the welcome bonus alone

≈ 0% Return as there is no bonus and no minimum spending requirement

(You get $0 worth of travel for $0)

Learn more about our Flytrippers Valuation of welcome bonuses

Value of redemption options (welcome bonus)

For each available redemption option, here is the value of the $0 RBC cash back you get by unlocking the welcome bonus:

$0 Statement credit

‣Learn more about the best redemptions of RBC cash back (coming soon)

Value of redemption options (per point)

For cash back rewards, there are no points so here is the value of RBC cash back to help you understand:

2% cash back Value of 2¢ for every $1 spent
1% cash back
Value of 1¢ for every $1 spent
0.5% cash back
Value of 0.5¢ for every $1 spent

‣Learn more about the basics of the values per point (coming soon)

Redemptions as cash back

The more simple type of rewards redemption, with a fixed value. It is worth less but gives you infinite flexibility.

Redeem your $0 RBC cash back for:

$0 Discount of $0 on anything charged to your card

‣Learn more about the best redemptions of RBC cash back (coming soon)

RBC cash back doesn’t expire as long as you have your RBC Cash Back Mastercard.

Learn more about RBC cash back expiry (coming soon)

RBC cash back cannot be pooled with travel buddies.

Learn more about pooling rewards (coming soon)

RBC cash back cannot be transferred to more valuable rewards programs.

Learn more about transferable rewards (coming soon)

RBC cash back will be automatically redeemed as a credit on your statement once per year, or you can apply it manually on the RBC website or app.

Learn more about how to get started with RBC cash back (coming soon)

Rewards program summary
Rewards: Cash back
Source: Bank rewards
Type: More simple
Flytrippers Valuation: 1¢
Minimum value: 1¢
Maximum value: 1¢
Transferable: No

Learn more about rewards programs basics (coming soon)

Earn rates

2% cash back per $ (first $6,000 spent; then 1%):

0.5% cash back per $ (first $6,000 spent; then 1%):

  • Everywhere else

‣Learn more about credit card earn rates (coming soon)

Earning with additional cards

Fee for additional cards: $0
Quantity allowed: N/A
Minimum age: N/A

‣Learn more about additional cards (coming soon)

Free DashPass from DoorDash
Get DoorDash’s DashPass free for 3 months, which gives you free delivery and other great perks on food delivery.

‣Learn more about the RBC DashPass benefit (coming soon)

3 ¢/L off at Petro-Canada
Link your card and save 3 ¢/L and get 20% more Petro-Points.

‣Learn more about the RBC Petro-Canada benefit (coming soon)

Bonus points with the Rexall Be Well program
Link your card and earn 50 Be Well points per $ spent at Rexall.

‣Learn more about the RBC Rexall benefit (coming soon)

RBC Offers program
Access to small discounts and credits throughout the year.

‣Learn more about the RBC Offers program (coming soon)

Insurance included

Purchase insurance
Extended warranty

‣Learn more about the RBC Cash Back Mastercard’s insurance coverage (coming soon)

Insurance not included

Medical travel insurance
Flight delay insurance
Mobile device insurance
Baggage delay insurance
Rental car insurance
Lost or stolen luggage insurance
Hotel burglary insurance
Travel accident insurance
Travel cancelation insurance
Trip interruption insurance

‣Learn more about the different types of insurance coverage (coming soon)

Card eligibility
Minimum income: $0
Age: Majority in your province
Estimated credit score: Good or Excellent
Credit bureau: TransUnion Canada

Learn more about credit card eligibility requirements (coming soon)

Welcome bonus offer eligibility
No welcome bonus

Learn more about credit card welcome bonus eligibility rules (coming soon)

Offer end date
Offer subject to change at any time

Sign up for Flytrippers’ free newsletter about travel rewards to get all card updates

Card details
Issuer: RBC (Royal Bank of Canada)
Network: Visa
Card Type: Credit card
Product Type: Personal card

‣Learn more about credit card types (coming soon)

Fees and rates
Card fee: $0
Fee for additional card: $0
FX fee: 2.5%
Purchases annual interest rate: 20.99%
Funds advance annual interest rate: 22.99% (21.99% for Québec residents)
Balance transfer fee: N/A

Learn more about why Flytrippers recommends ignoring fees and rates (coming soon)

Start earning rewards today

And make sure to download our free checklist for when you get a new card—it includes very important mistakes to avoid
(it will open in a separate tab, or you can click here)

via RBC secure application

*Beta version of card page. Sign up to get updated guide soon.*

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