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RBC Cash Back Preferred World Elite Mastercard

RBC Cash Back Preferred World Elite Mastercard

3% in a few everyday categories, 1% on the rest.

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Key Facts

Annual fee
$120
Groceries, dining, food delivery
3%
Gas, EV charging, rideshare, transit
3%
Streaming and digital gaming
3%
Everything else
1%

Facts checked November 2026. Rates and fees can change.

The RBC Cash Back Preferred in Short

The RBC Cash Back Preferred World Elite Mastercard costs $120 a year. It pays 3% cash back on groceries, dining and food delivery, on gas, EV charging, rideshare and transit, and on streaming and digital gaming. Everything else earns 1%.

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Questions

Does the RBC Cash Back Preferred World Elite Mastercard have an annual fee?

Yes. Annual fee: $120.

Can I use the RBC Cash Back Preferred World Elite Mastercard at Costco?

Yes. Costco warehouses in Canada take Mastercard.

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