What the Card Offers
Rogers Bank markets the Rogers Red World Elite Mastercard as a no-fee cash back card: 2% with an eligible Rogers, Fido, Shaw or Comwave service (1.5% without), 3% on U.S. dollar purchases, up to 3% in value on Rogers redemptions, 5 Roam Like Home days a year and travel insurance.
- 2%
Cash back for Rogers customers1
2% on eligible purchases if you hold a Rogers, Fido, Shaw or Comwave service in your name; 1.5% without one. Everything earns 1.5% after $61,000 a year.
- 3%
U.S. dollar purchases1
3% on purchases made in U.S. dollars, with or without a Rogers service, within the $61,000 yearly limit. After the 2.5% conversion fee, that's about 0.5% net.
- 1.5x
Redemption bonus on Rogers purchases2
Cash back applied in the app to an eligible Rogers, Fido, Shaw or Comwave purchase is worth 1.5 times its value. This ends on November 18, 2026.
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- $1M
Travel medical insurance3
Up to $1 million for the first 10 days of a trip under age 65, or 3 days from 65 to 75. From November 18, 2026, 15 days under 65.
- $1,000
Trip cancellation and interruption, until November 184
Up to $1,000 a person ($5,000 per account) for a covered cancellation, and $1,000 a person for an interruption. Rogers Bank removes this cover on November 18, 2026.
- 31 days
Rental car collision and damage5
Covers damage to or theft of a rental car for rentals of up to 31 days, for cars with an MSRP up to $65,000.
- 5 days
Roam Like Home days6
5 Roam Like Home days a year with an eligible Rogers mobile plan. From January 12, 2027, a $75 yearly roaming credit replaces them.
- $0
No annual fee7
No fee for the card or for up to 9 authorized users.
Benefits as advertised by the issuer. The conditions attached to them are in the Fine Print Report below.
Sources (7)
- Rogers Red World Elite Mastercard Benefits Guide (08/2026), Rewards Program Terms and Conditions s. 4
- Rogers Red World Elite Mastercard Benefits Guide (08/2026), Rewards Program Terms and Conditions s. 6
- Rogers Red World Elite Mastercard Certificate of Insurance (effective April 9, 2024), Emergency Medical; IMPORTANT NOTICE: Upcoming changes, s. 4
- Rogers Red World Elite Mastercard Certificate of Insurance (effective April 9, 2024), Trip Cancellation and Trip Interruption; IMPORTANT NOTICE: Upcoming changes, s. 4
- Rogers Red World Elite Mastercard Certificate of Insurance (effective April 9, 2024), Rental Car Collision/Damage Insurance
- Rogers Red World Elite Mastercard product page (retrieved 2026-10-28), footnote 2; IMPORTANT NOTICE: Upcoming changes, s. 3
- Rogers Red World Elite Mastercard product page (retrieved 2026-10-28), Eligibility & fees and FAQ
Points & Redemption
Rates: Rogers Red World Elite Mastercard Benefits Guide (08/2026), Rewards Program Terms and Conditions s. 6; IMPORTANT NOTICE: Upcoming changes to Rogers Red World Elite Mastercard, s. 2. Cash back is credited to your account balance at face value.
Where It Earns
Among the 53 stores and brands in CardTruth's merchant lookup:
None of them earns more than this card's base rate.
Where it doesn't earn more (8)Hide
Online only: Amazon.ca, Crave, Disney+, Netflix, SkipTheDishes, Spotify, Uber (rides), Uber Eats take Mastercard online but not in store.
The Fine Print Report
Light fine print. A high flat rate with a generous limit; the conditions are the Rogers service and short travel medical.
2% needs a Rogers service; 1.5% withoutImpact level: High
The 2% rate needs a Rogers, Fido, Shaw or Comwave service in your name; without one, most purchases earn 1.5%
You must be the primary account holder of a postpaid Rogers or Fido consumer mobile plan, or a Rogers, Fido, Shaw or Comwave internet, TV, home phone, home monitoring or satellite service, in good standing. A Level 1 authorized user on a Rogers mobile plan also counts. Business plans and co-branded services don't. Rogers Bank checks your status from time to time, and a change can take up to 7 business days to show.
Why it matters: Without a Rogers service this is a 1.5% card with 3% on U.S. dollar purchases.
Trip cancellation insurance ends Nov 18Impact level: High
On November 18, 2026, trip cancellation, interruption and delay insurance ends, and rental car cover gains new exclusions
Rogers Bank is removing Trip Cancellation, Trip Interruption and Trip Delay coverage. Trips booked on the card before November 18 and taken after it are still assessed under the current cover. Travel medical improves: 15 days a trip under 65 (from 10), shorter stability periods for pre-existing conditions, and no more epidemic or pandemic exclusion. Rental car cover adds exclusions such as rentals in Jamaica and natural disasters.
Why it matters: Trips booked from November 18 on need separate cancellation insurance.
2 missed payments: rates up to 25.99%Impact level: High
Two missed payments in 12 months can raise your rates to 25.99% on purchases and 27.99% on cash advances
If the required payment isn't made by the due date twice in 12 months, Rogers Bank can raise purchases from 21.99% to 25.99%, and cash advances and balance transfers from 22.99% to 27.99%, from the next statement. Applicants outside Quebec who don't qualify for the standard rates can be given an account at those higher rates from the start.
Why it matters: If you sometimes carry a balance, set up automatic minimum payments.
Nov 18: 5% on Rogers, 1.5x redeem endsImpact level: Medium
From November 18, 2026, Rogers purchases earn 5% but the 1.5x redemption bonus ends; Roam Like Home days end January 12, 2027
Eligible Rogers purchases (such as a Rogers, Fido or Shaw postpaid mobile bill, or products bought on the Rogers or Fido website) will earn 5%, within the $61,000 yearly limit, with or without a Rogers service. In-store Rogers purchases, Blue Jays tickets and Rogers Preferred Program plans don't count. All cash back will then redeem at 1¢ a point, even against purchases posted earlier. The 5 Roam Like Home days become a $75 yearly roaming credit.
Why it matters: Cash back saved for a 1.5x Rogers redemption is worth a third less after November 17.
Travel medical: 10 days, 3 days at 65+Impact level: Medium
Travel medical covers only the first 10 days of a trip, 3 days from age 65, and no one over 75
Emergency medical cover runs for the first 10 days of each trip if you're 64 or under and 3 days from 65 to 75, up to $1 million. Pre-existing conditions must be stable for 6 months before departure (1 year from 65). Coverage ends at 76. From November 18, 2026, the limit for 64 and under rises to 15 days.
Why it matters: For longer trips, or if you're 65 or older, buy separate travel medical insurance.
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Redeem against purchases, $10 minimumImpact level: Medium
Cash back can only be applied to purchases from the last 90 days, at least $10 at a time
You redeem by picking a purchase from the last 90 days in the Rogers Bank app or online banking, at 1¢ a point, with a $10 minimum. The only other option is one annual statement credit of the whole balance, requested by phone by December 1 and paid in January. Redemptions don't count toward your minimum payment.
Why it matters: Cash back isn't paid out automatically; redeem it regularly or request the annual credit.
2.5% FX fee, kept on refundsImpact level: Medium
Foreign currency purchases cost 2.5% extra, and the fee isn't refunded on returns
Purchases in a foreign currency are converted at the Mastercard rate plus 2.5%. On a return, the refund is converted at the rate for credits, which can be lower, and the 2.5% fee isn't refunded. U.S. dollar purchases earn 3%, which more than covers the fee; other currencies earn 2%.
Why it matters: In euros, pesos or pounds, every $1,000 costs about $25 in fees and earns $20.
1.5% on everything after $61,000 a yearImpact level: Low
After $61,000 in purchases a year, everything earns 1.5%, including U.S. dollar purchases
The 2% and 3% rates apply until your purchases, less returns, reach $61,000 in the year that starts on your account's opening date (or the date you switched to this card). After that, all eligible purchases earn 1.5% until the next anniversary.
Why it matters: Only very high spenders reach the limit; Rogers Bank offers the World Legend card to accounts that spend more than $60,000 a year.
Who This Card Is For
Great fit if you...
- Have a Rogers, Fido, Shaw or Comwave plan in your name
- Spend a lot in U.S. dollars
- Earn $80,000, or $150,000 as a household
- Want a no-fee card with travel medical
Consider alternatives if you...
- Take trips longer than 10 days
- Are 65 or older and need travel medical
- Need trip cancellation cover from November 18
- Spend in currencies other than U.S. dollars
Welcome Bonus History
Rogers Red World Elite Welcome Bonus History
Welcome offers change often, and issuers sometimes run limited-time or targeted offers that differ from what's shown here. Confirm the current offer on the issuer's page before you apply.
The Verdict
The Rogers Red World Elite Mastercard pays 2% cash back on everything if you hold a Rogers, Fido, Shaw or Comwave service in your name, 1.5% if you don't, and 3% on U.S. dollar purchases, with no annual fee.
The rates hold to $61,000 a year. Travel medical covers only 10 days (3 from age 65), and trip cancellation insurance ends on November 18, 2026, the day Rogers purchases move to 5% and the 1.5x redemption bonus ends.
The Recommendation: One of the strongest no-fee cash back cards for anyone who earns $80,000 and has a Rogers, Fido, Shaw or Comwave service, especially if you shop in U.S. dollars. Without a Rogers service it's still a 1.5% card.
Before you apply: This teardown is general information, not financial, legal or insurance advice, and reflects the issuer's documents as of October 2026. Terms, rates, fees and offers change, and the issuer's own agreement, disclosure statement, insurance certificates and program terms are what govern your card. Read them in full and confirm details with the issuer before you apply. Full disclaimer