RBC Cash Back Mastercard

RBC Cash Back Mastercard is a rewards credit card that doesn’t have an annual fee. When you use this card, you’ll receive 2% cash back on your grocery purchases and 1% cash back on all other eligible purchases. Moreover, you’ll benefit from saving 3¢/L on fuel at participating Petro-Canada gas stations and earning 20% more Petro-Points when you use the card. Additionally, for every dollar spent at Rexall pharmacies, you’ll earn 50 Be Well points. While the cash back ratio may not be the highest, the card offers several other valuable benefits that could make it a good choice for you.

Card Summary

This card comes with no annual fee, and there is also no fee for additional cards. The purchase rate is 19.99%, and the cash advance rate is 22.99%. Additionally, this card offers cash back benefits.

Rewards Summary

Earn up to 2% cash back on groceries. Earn up to 1% cash back on all other eligible purchases. No limit to the cash back you could earn.

Benefits Summary

– Save 3 cents per liter of fuel at participating Petro-Canada gas stations

– Earn an extra 20% in Petro-Points with each purchase

– Collect 50 Be Well points for every dollar spent at Rexall Pharmacies

– Enjoy free delivery from DoorDash for the first 3 months

– Lock your credit card for added security

– Customize your experience with optional add-ons

Insurance Summary

• Purchase Security.
• Extended Protection Insurance.

Editor’s Review: RBC Cash Back Mastercard

The RBC Cash Back Mastercard stands out as a solid choice for those seeking a no-annual-fee credit card with a straightforward cash back rewards program. This card offers a variety of perks that cater to everyday spending habits, making it a versatile option for budget-conscious consumers.

Card Highlights

No Annual Fee

One of the most appealing features of the RBC Cash Back Mastercard is that it does not charge an annual fee. This makes it an attractive option for those who want to earn rewards without the burden of additional yearly costs.

Cash Back Rewards

• Groceries: Earn 2% cash back on grocery purchases. While this is a competitive rate for this spending category, it is essential to note that it may not be the highest available in the market.
• Other Purchases: Earn 1% cash back on all other eligible purchases. This flat rate ensures you get rewarded for everyday spending.

There is no limit on the cash back you can earn, adding to the card’s value proposition.

Fuel Savings

Cardholders can save 3 cents per liter on fuel at participating Petro-Canada gas stations. Additionally, using the card at these stations earns an extra 20% in Petro-Points, enhancing the value for those who frequently purchase fuel.

Additional Rewards

At Rexall pharmacies, the RBC Cash Back Mastercard offers an impressive 50 Be Well points per dollar spent. This can accumulate quickly for those who regularly shop at Rexall, providing significant savings on health and wellness products.

Extra Benefits

• DoorDash Perk: Enjoy free delivery from DoorDash for the first three months, a convenient benefit for frequent users of the food delivery service.
• Security Features: The card includes a feature to lock your credit card for added security, providing peace of mind if your card is lost or stolen.
• Customizable Options: Cardholders can enhance their experience with optional add-ons, tailoring the card to their specific needs.

Insurance Coverage

The RBC Cash Back Mastercard includes Purchase Security and Extended Protection Insurance, which add an extra layer of security to your purchases, ensuring peace of mind when buying high-value items.

Rates and Fees

• Purchase Rate: 19.99%
• Cash Advance Rate: 22.99%
• Additional Cards: No fee

Conclusion

The RBC Cash Back Mastercard is a practical and rewarding option for those who prioritize everyday spending on groceries and fuel. Its lack of an annual fee, combined with a straightforward cash back structure and additional perks, makes it a versatile and cost-effective choice for many consumers. While the cash back rates are not the highest available, the added benefits, including fuel savings and pharmacy rewards, enhance its overall value. This card is ideal for individuals seeking a no-fuss rewards card that delivers consistent value across multiple spending categories.

View other Cash Back Credit Cards.

View other RBC credit cards.

View other $0 annual fee credit cards.

Disclaimer: Refer to the credit card official web page for the latest up to date rates, terms, and conditions. Nothing in the Site constitutes professional and/or financial advice, nor does any information on the Site constitute professional and/or financial advice.