Cash Back
No Annual Fee
Student
RBC Cash Back Mastercard
RBC Royal Bank
Current Welcome Offer
Get Unlimited Cash Back on Your Purchases with our no annual fee Cash Back credit card
Annual Fee
$0
Purchase APR
20.99%
Cash Adv. APR
22.99%
RateBuddy Verdict
The Good
- Strong 2% cash back rate on grocery purchases.
- No annual fee and includes basic perks like Petro-Canada fuel savings.
The Trade-offs
- The 0.5% base earn rate is significantly lower than many competitors.
- Insurance benefits are minimal; no extended warranty or purchase protection mentioned for this tier.
Rewards & Earnings
Groceries 2.00%
Base Rate 1.00%
Rewards Summary: Grocery Rate: 2% (up to $6,000/year); Base Rate: 0.5% (up to $6,000/year) then 1% thereafter; Petro-Canada: 3¢/L gas savings + 20% more Petro-Points; Rexall: 50 Be Well points per $1; DoorDash: 3-month free DashPass subscription
- Groceries: 2.0%
- Base Spend: 0.5% - 1.0%
- Gas (Petro-Canada): 3¢/L Discount
Welcome Bonus Details
Get Unlimited Cash Back on Your Purchases with our no annual fee Cash Back credit card
Features & Benefits
No Annual Fee
Additional Perks
- :
- :
Insurance Coverage
Purchase Security: Included (90 days); Extended Warranty: Included (+1 year); Travel Insurance: Not Included; Medical Coverage: Not Included
Rates & Fees Details
| Purchase APR | 20.99% |
|---|---|
| Cash Advance APR | 22.99% |
| Annual Fee | $0 |
| Supplementary Card | $0.00 |
| Income Required | No specific requirement listed. |