Independent ClearFin review · Rogers Bank · World Elite Mastercard
Start with up to $60 cash back.
Current new-cardmember offer
Confirm with the issuer
📱 2% CashbackIts strongest published earn rate in our data is 2.0% on dining. With no annual fee, it can be easier to keep long term without needing rewards to offset a yearly cost.
Checked 2026-08-09 · Product page and insurance certificateHow to earn it
Offer available to new Rogers Bank cardholders approved for the Rogers Red World Elite Mastercard. Existing Rogers Bank cardholders and product switches are not eligible. Subject to credit approval.
Confirm final approval criteria and current rates directly with the issuer.
The Rogers Red World Elite Mastercard is a premium cashback product requiring strong financial stability and established credit history for approval.
ClearFin estimate on Canada's 300–900 scale. This is not an issuer cutoff or approval guarantee; lenders may use different bureau scores and underwriting criteria. Rogers Bank does not publish a minimum credit score requirement. Approval depends on credit history, income verification ($80,000 personal or $150,000 household minimum), debt levels, utilization, and payment behaviour.
Reward limits: Rogers Bank does not publish fixed annual or category-specific earning caps for the Rogers Red World Elite Mastercard. Cardholders earn 2% cash back with an eligible Rogers/Fido/Shaw/Comwave service, 1.5% without a qualifying service, and 3% on U.S. dollar purchases. However, effective August 4, 2026, Rogers will introduce annual limits on cash back earning rates for eligible Rogers service customers, after which earn rates may be reduced to lower base tiers.
conditional_annual_limitFrom August 4, 2026, annual cash back earning limits apply based on card tier and account status; exceeding the limit reduces earn rate to a lower tier.
Redemption values and availability may vary by option and can change.
1.5x redemption bonus = effective 3% when applied to Rogers/Fido bills or hardware.
Consider these extras by the value they add to purchases and experiences you already use.
Higher Cashback Structure
Earn 2% cash back with an eligible Rogers/Fido/Shaw/Comwave service and 1.5% on all other purchases, with 3% on U.S. dollar spending.
Insurance Coverage Package
Includes extended warranty, purchase protection, rental car collision/damage, and travel insurance such as trip interruption and emergency medical coverage.
Roam Like Home Days
Receive 5 complimentary Roam Like Home days annually with an eligible Rogers mobile plan (valued up to ~$90).
Mastercard Travel Pass
Access over 1,300 airport lounges worldwide at a discounted rate through Mastercard Travel Pass.
Equal Payment Plan
Convert large purchases into fixed monthly payments over 6 to 48 months for easier cash flow management.
No Annual Fee
No annual fee for primary or additional cardholders, making it a cost-efficient premium cashback card option.
No included coverage is verified in ClearFin's current catalogue.
This does not prove that coverage is unavailable. Confirm the issuer's current certificate and benefit guide before relying on protection.
Check the official card page ↗What we like
Worth noting
A practical reading of where the card earns, what the fee buys, and which limits matter.
2% cashback on all purchases (with a Rogers/Fido/Shaw service), 3% on USD. Effectively 3% redeemed on Rogers bills. No fee.
Dining, Groceries, Gas, Travel, Everything else receive the strongest estimated return at 2.0%. Purchases outside the accelerated categories earn an estimated 2.0%.
There is no annual fee to recover, which can make the card easier to keep for credit-history length or occasional use. Interest and other transaction fees can still apply.
This card is most relevant for someone who spends consistently on dining and groceries and prefers to avoid a yearly fee.
Compare the purchase interest rate, foreign-transaction fee, approval requirements, reward limits, and insurance certificates. Pay particular attention to merchant-category rules because a store may not receive the reward rate its products appear to suggest.
Issuer terms apply. ClearFin is not affiliated with this provider. How we make money. Card facts were checked against the issuer's official source. Rogers publishes an account-dependent APR range, so ClearFin shows the official range in the research note instead of reducing it to a misleading single rate: purchases 21.99%–25.99% from the August 2026 statement period; cash advances and balance transfers 22.99%–27.99%.
