RBC Cash Back Mastercard Login – RBC Cash Back Preferred World Elite Mastercard Review

RBC Cash Back Mastercard Login – RBC Cash Back Preferred World Elite Mastercard Review – Cash Back Preferred World Elite Mastercard Review – New RBC Cash Back Preferred World Elite MasterCard – rbc cash back preferred world elite mastercard review, rbc cash back mastercard review, rbc cash back visa, rbc cash back mastercard login, rbc cash back mastercard balance transfer, rbc cash back mastercard world elite, rbc cash back mastercard foreign transaction fee, world elite mastercard bmo.
Another cash back credit card is being added to the market. The last one was the TD Cash Back Visa Infinite Card, this time is the RBC’s turn. They are now offering a Cash Back Preferred World Elite MasterCard with the following highlights:
  • $99 annual fee
  • No annual fee for supplementary cardholders
  • Lastly earn 1.5% cash back on all purchases

RBC Cash Back Mastercard Login – RBC Cash Back Preferred World Elite Mastercard Review

As a matter of fact this card also requires a minimum personal income of $70,000 or a minimum household income of $120,000. 

Let’s do a quick comparison with the TD Cash Back Visa Infinite Card:

  • $120 annual fee
  • $50 annual fee for supplementary cardholders
  • Furthermore earn 6% cash back on gas, grocery and recurring bill payments (for the first 3 months or first $3,500 in spending for each category)
  • Similarly earn 3% cash back on gas, grocery and recurring bill payments thereafter (on first $15,000 in annual spending per category, including the 3 month bonus promotion)
  • Finally earn 1% cash back on all other purchases

Personally, I think that there are enough other no annual fee cash back credit cards out there that offer at least 2% or more. So you would only use this credit card one other types of spending that do not give you a multiple bonus. Let’s assume that you would use the RBC credit card only on spending that would have only netted you 1% return.

That means, if you spend $20,000 per calendar year:

  • $20,000 x 1% = $200 cash back with a no annual fee credit card
  • $20,000 x 1.5% = $300 cash back, but subtract the $99 annual fee only nets you $201.

Therefore, you would need to spend $20,000 per year, on spending categories that would have only earned you 1% cash back to come out ahead.

I am not impressed with this credit card, but I am glad to see more competition being introduced to the market. RBC just needs to improve this product over time, but at least they have something to work with.

Related Post

BREAKING: Daimler Launches Tel Aviv Hub for Auto T... BREAKING: Daimler Launches Tel Aviv Hub for Auto Technologies A Mercedes-Benz S-Class vehicle is seen during the launch of the Mercedes-Benz res...
Right for all to access the internet is ‘non... Right for all to access the internet is 'non-negotiable global cyberspace Right for all to access the internet is 'non-negotiable global cyberspace...
BLU Studio C 5 + 5 LTE – Full phone specific... BLU Studio C 5 + 5 LTE - Full phone specifications BLU Studio C 5 + 5 LTE - Full phone specificationsOGY GUILD: upcoming mobile in 2018 new smartphone...
Best Smartphone 2018-Apple iPhone 7 Plus-Price in ... Best Smartphone 2018-Apple iPhone 7 Plus-Price in Nigeria 2018 Best Smartphone 2018-Apple iPhone 7 Plus-Price in Nigeria 2018: iphone 7 plus price in ...
LG’s excellent OLED TVs are getting steep discount... LG’s excellent OLED TVs are getting steep discounts for Black Friday LG’s OLED TVs are widely considered to be among the best-looking TV set...
Walmart Credit Card | Walmart MasterCard Login | W... Walmart Credit Card | Walmart MasterCard Login | Walmart Login | Walmart Credit card phone number Latest Walmart Credit Card | Walmart MasterCard Logi...
(Top Grocer) Alibaba Goes Offline With $2.9 Billio... (Top Grocer) Alibaba Goes Offline With $2.9 Billion Stake in China's (Top Grocer) Alibaba Goes Offline With $2.9 Billion Stake in China's: As part of...
Download Latest Facebook For Microsoft phone App ... Download Latest Facebook For Microsoft phone App Downloader 2018 A Free Phone Manager, With An App Downloader, Manager And Installer Platform M...
Jio Added 5.9 Million Users in September, but Indi... Jio Added 5.9 Million Users in September, but India's Telecom Subscriber Base Declined by 2.9 Million Jio Added 5.9 Million Users in September, but I...
Xiaomi Redmi Note 5 Specs ‘Revealed’ v... Xiaomi Redmi Note 5 Specs 'Revealed' via Online Listing, 18:9 Display Tipped Xiaomi Redmi Note 5 Specs 'Revealed' via Online Listing, 18:9 Display Ti...
BREAKING: Apple’s HomePod delayed until next... BREAKING: Apple's HomePod delayed until next year HIGHLIGHTS The Siri-controlled speaker was announced in June at WWDC Its initial...
Gmail Recovery Portal | Gmail Forget Password | Gm... Gmail Recovery Portal | Gmail Forget Password | Gmail User Name Login This is a guide on How to Recover a Forgotten Gmail Password also, on Gmail ...
TSTV DECORDER SERVICE CENTER EDO STATE | TSTV EDO ... TSTV DECORDER SERVICE CENTER EDO STATE | TSTV EDO DISTRIBUTORS Now confirmed Tstv rated as most demanded decoder 2017/2018 as a matter of fact here r...
TSTV SET FOR COMMERCIAL ROLL OUT ON NOVEMBER 1 TSTV SET FOR COMMERCIAL ROLL OUT ON NOVEMBER 1 Latest Update2017 TStv to roll out November 1 offers 5,000 decoders for free 2017 - TS​tv​,...
Wiko Sunny Full Specifications Features Price See ... Wiko Sunny Full Specifications Features Price See Uk price Wiko Sunny Full Specifications Features Price See Uk price: Here we have all the full de...
WELLS FARGO COMPLETE ROUTING NUMBERS & PROCES... WELLS FARGO COMPLETE ROUTING NUMBERS & PROCESSES WELLS FARGO COMPLETE ROUTING NUMBERS | Wells Fargo Routing Number | To setup your automatic payme...