Cash back card · RBC
RBC Cash Back Mastercard
RBC · Mastercard · cash back
Below is every rate the RBC Cash Back Mastercard earns, each one quoted from RBC's own terms with the clause and the date we checked it. No annual fee to hold the card.
2%
Top rate
0.5%
Base rate
$0
Annual fee
2.5%
FX fee
Last updated Reviewed by
This card also earns a place on Verdict's best-of rankings for groceries.
Everything it earns
every rate quoted from RBC's terms · annual fee shown separately, never netted2%
Groceriesverified Jul 7, 2026Read the clause
Verbatim clause from RBC's terms
“Cash Back Credits are earned at the rate of 2% ... on the maximum amount of $6,000.00 in Grocery Store Purchases and for a maximum Cash Back Reward of $120.00, per Annual Period.”
Cap $6,000 / yr
Read the source terms0.5%
Everything elseverified Jul 7, 2026
The everyday earn outside any bonus category, no cap
Conditions you confirm
self-attested · each quoted from RBC's termsI've spent over $6,000 in purchases this yearRead the clause
“Cash Back Credits are earned at the rate of 1% (for every $100.00 in Net Purchases (other than Grocery Store Purchases) charged to an Account, the Personal Applicant earns back $1.00) for Net Purchases (other than Grocery Store Purchases) charged to an Account in excess of the maximum amount of $6,000.00 in Net Purchases described in (A) above, unlimited.”
Verified Jul 9, 2026
Read the source termsAnnual fee
No annual fee to hold the card
$0
Foreign transaction fee
On purchases in a currency other than Canadian dollars
2.5%
How we verify
Every rate on this page is quoted from RBC's current terms and dated the day we last checked it. When the terms change, the page regenerates. Reviewed by Spotted something off? or email us at
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