Rogers Red Mastercard

Rogers Red Mastercard®

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Rogers Red World Elite® Mastercard®

Rogers Red World Elite® Mastercard®

Apply Now

Rogers Red Mastercard® vs Rogers Red World Elite® Mastercard®: Which one is better?


Rogers Red Mastercard

Rogers Red Mastercard®

4.5


RECOMMENDED CREDIT SCORE

300
Poor
560
Fair
660
Good
725
Very Good
760
Excellent

Rogers Red World Elite® Mastercard®

Rogers Red World Elite® Mastercard®

5


RECOMMENDED CREDIT SCORE

300
Poor
560
Fair
660
Good
725
Very Good
760
Excellent

Rewards Breakdown

Annual Rewards

$720


First Year Bonus

$90


Annual Fee

$0


First Year Value

$810

$720 in years after

Based on $2,000/mo average spending and assuming you have an eligible Rogers, Fido or Shaw service as the primary or level 1 authorized user. Calculate your rewards.

Rewards Breakdown

Annual Rewards

$720


First Year Bonus

$0


Annual Fee

$0


First Year Value

$720

Based on $2,000/mo average spending and assuming you have an eligible Rogers, Fido or Shaw service as the primary or level 1 authorized user. Calculate your rewards.

Insurance Included

  • credit card dollar

    Balance Protection

    Minimum payments

Insurance Included

  • car insurance

    Car Rental Damage & Theft

    $65,000
  • extended warranty

    Extended Warranty

    1 year
  • purchase protection

    Purchase Protection

    90 days
  • travel accident medical

    Emergency Out of province Medical

    $1M, Up to 10 days
  • travel accident medical

    Emergency Medical Over 65

    $1M, Up to 3 days
  • cancel airplane

    Trip Cancellation

    $1,000/person, $5,000 maximum
  • pause

    Trip Interruption

    $1,000/person, $5,000 maximum

Extra Benefits

  • mobile phone wifi

    No Cost roaming

    5 days

Extra Benefits

  • mobile phone wifi

    No Cost roaming

    5 days

  • alcohol cheers

    Airport Lounge - Dragon Pass

    Pass only, complimentary visits not included

Interest Rates

Purchase:

19.99%

Cash Advance:

22.99%

Interest Rates

Purchase:

19.99%

Cash Advance:

22.99%

Annual Fee

$0

Annual Fee

$0

Income Required

Min Personal Income:

N/A

Min Household Income:

N/A

Income Required

Min Personal Income:

$80,000

Min Household Income:

$150,000

Welcome Bonus

$60 cash back when you make a mobile wallet purchase within the first 90 days and 6 automatic payments within the first 8 months for your Rogers, Fido or Shaw postpaid service ($90 if redeemed for Rogers, Fido or Shaw purchases).

Welcome Bonus

N/A

Rewards Rate

  • 2% cashback on all purchases if you have 1 qualifying Rogers, Fido or Shaw service as the account owner
  • 2% cashback on all U.S dollar purchases and 1% on all other eligible purchases if you do not have a qualifying Rogers, Fido or Shaw service
  • 1.5x redemption bonus on your earned cash back value when used on Rogers, Fido and Shaw purchases – that’s a 3% cash back value

Rewards Rate

  • 3% cash back on all U.S dollar purchases
  • 2% cash back on all regular purchases if you have 1 qualifying Rogers, Fido or Shaw service as the account owner
  • 1.5% cash back on all purchases if you do not have 1 qualifying service

Is this card worth it?

This card is one of our top-ranked options in terms of rewards, especially if you are a Rogers, Fido, or Shaw customer. With those services, you can effectively get a 3% cashback rate, which is a higher rate than almost any other card offers, even those with annual fees! If you have a high income of $80K or a household income of $150K, you can apply for the World Elite version of this card, which comes with additional insurance and benefits like a lounge pass.

Is this card worth it?

This card is one of the best in Canada, especially if you are a Rogers, Fido, or Shaw customer. With those services, you can effectively get a 3% cashback rate, which is higher than what almost any other card offers, even those with annual fees! Additionally, for a no-fee card, you gain access to an extensive list of travel benefits, many of which are typically offered only with cards that have annual fees. Therefore, we recommend this card to anyone who meets the income requirements, even if you are not a Rogers customer!

Pros

  • Voted as the Best Cash Back Card in Canada for Rogers, Fido and Shaw Customers by FinlyWealth.
  • There is no annual fee, a notable perk for a card with such high reward multipliers. Most cards with slightly lower reward rates typically have annual fees.
  • Offers the flexibility to redeem cash towards Rogers, Shaw, or Fido services, potentially increasing the value of your earned rewards.
  • The roam-like benefit is a benefit unique only to this card.
  • It is accepted at nearly all locations as it's a Mastercard.

Pros

  • Voted the Best Cash Back Card in Canada for Rogers, Fido and Shaw customers by FinlyWealth.
  • Voted the Best No Annual Fee Credit Card in Canada by FinlyWealth.
  • There is no annual fee which is a notable benefit for a card with such high rewards. Most cards with slightly lower reward rates typically include yearly fees.
  • Many favorable benefits for travelers.
  • Many benefits, such as trip cancellation insurance, are only available on credit cards with an annual fee. It is rare to see these benefits on a no-annual-fee card!
  • Offers the flexibility to redeem cash towards Rogers, Shaw, or Fido services, potentially increasing your rewards.
  • The roam-like benefit is a benefit unique only to this card.
  • It is accepted at nearly all locations as it's a Mastercard.

Cons

  • No real insurance coverage (only balance protection), not even purchase protection or extended warranty which are pretty standard benefits for almost all credit cards.
  • Low rewards multiplier if you don't have an eligible Rogers, Shaw, or Fido service.

Cons

  • Harder to qualify due to the high credit score and income requirements.
  • Out of all possible travel insurances, this card is missing Baggage delay and Hotel Burglary insurance. If these two insurances are essential to someone, this card needs to be paired with another travel card to cover them.

Rogers Red Mastercard® vs Rogers Red World Elite® Mastercard®: When to go for one over the other


Annual Fees and Requirements

Both the Rogers Red Mastercard and Rogers Red World Elite Mastercard have no annual fees, making them cost-effective options. However, the Rogers Red World Elite requires a personal income of $80,000 or a household income of $150,000 to qualify, while the standard Rogers Red Mastercard has no income requirements. For those who do not meet these income thresholds, the standard card is the only option. For everyone else, the World Elite is clearly the superior choice.

Rewards Comparison

The Rogers Red World Elite Mastercard offers higher cashback on all purchases, particularly for U.S. dollar transactions. If you do not have a qualifying Rogers, Shaw, or Fido service, the World Elite version still provides better rewards than the standard Rogers Red Mastercard. For cardholders with these services, both cards will almost earn the same amount, with the only difference would of that small extra amount earned on US purchases of the World Elite card.

Benefits and Insurance

The Rogers Red World Elite Mastercard offers significantly better insurance and benefits than the standard version, including emergency medical coverage, trip cancellation, and car rental insurance, which the standard card lacks. Additionally, World Elite cardholders get access to airport lounges through DragonPass, although no complimentary visits are included. The superior benefits make the World Elite version the clear winner for frequent travelers and those seeking robust insurance coverage.

Conclusion

For the majority of users, the Rogers Red World Elite Mastercard is the better card due to its higher rewards and extensive benefits. The only reason to choose the standard Rogers Red Mastercard is if you do not meet the income qualifications for the World Elite version. Otherwise, the World Elite card is a stronger option in nearly every way.

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