ABSTRACT We present the binary model and the eclipse timing variations of the eclipsing binary RR Cae, which consists of a white dwarf eclipsed by an M-type dwarf companion. The multiwavelength optical photometry from the Transiting Exoplanet Survey Satellite (TESS), the 0.6-m PROMPT-8 telescope, and the 0.7-m Thai Robotic Telescope at Spring Brook Observatory, combined with archive H α radial velocities from the Very Large Telescope (VLT) are analysed. From the data, the physical parameters of the system are obtained along with 430 new times of minima. The TESS light curves in 2018 and 2020 show out-of-eclipse variations, which might be caused by a large spot on the secondary component. The light travel time effect models due to the gravitational interaction of one or two circumbinary objects are adopted to fit the cyclic variations in the RR Cae’s O-C curve. The fitting solution of the O-C curve with one circumbinary object model shows a periodic variation with a period of 16.6 ± 0.2 yr and an amplitude of 14 ± 1 s, which can be caused by a planet with a minimum mass of 3.4 ± 0.2 MJup. When we consider the model with two circumbinary objects, the O-C curve shows cyclic variations with periods of 15.0 ± 0.5 yr and 39 ± 5 yr and amplitudes of 12 ± 1 s and 20 ± 5 s, respectively, corresponding to minimum masses of 3.0 ± 0.3 MJup and 2.7 ± 0.7 MJup.