Rogers World Elite® Mastercard®
Review

• 

  Emergency Out of province Medical

  $1M, Up to 10 days
• 

  Emergency Medical Over 65

  $1M, Up to 3 days
• 

  Trip Cancellation

  $1,000/person, $5,000 maximum
• 

  Trip Interruption

  $1,000/person, $5,000 maximum
• 

  Car Rental Damage & Theft

  31 days, $65,000 car MSRP
• 

  Purchase Protection

  90 days
• 

  Extended Warranty

  1 year

• 

  Airport Lounge - Dragon Pass

  Pass only, complimentary visits not included
• 

  No Cost roaming

  5 days

The Rogers Red World Elite Mastercard is one of two credit cards offered by Rogers. You can think of the Rogers Red World Elite Mastercard as an upgraded version of the Rogers Red Mastercard, which is also great, but, unfortunately, has fewer rewards and benefits (learn more). While the Rogers Red World Elite Mastercard has better value, it's much more difficult to qualify for, given its high annual income requirements.

Specifically, the Rogers Red World Elite Mastercard earns one of the highest reward rates among all credit cards if you are a Rogers, Fido, or Shaw customer. This card remains an impressive option for non-customers, as it has one of the highest reward rates among no-annual-fee cards. 

On top of rewards, the Rogers Red World Elite Mastercard comes with a lot of benefits, those you would typically find on credit cards with an annual fee! In fact, many spenders opt for this card because of its affordable, high-value perks alone.

How You Earn Rewards with the Rogers Red World Elite Mastercard 

The rewards you’ll earn on this card depend on one major condition: whether or not you have an eligible Rogers, Fido, or Shaw service. The services that qualify for higher point potential are:

• Postpaid Rogers-branded consumer mobile plans (which include wireless home phone and tablet data plans). For these plans, users who have permission to make changes (i.e. a Level 1 Authorized User) are also eligible.
• Postpaid Fido consumer mobile plans. This enhanced rate is available to primary account holders and includes wireless home phone and tablet data plans.
• Any Rogers, Shaw or Fido-branded internet, TV, home phone, home monitoring or satellite service – primary account holders only

If you have one of these services, you’ll be entitled to:

• 3% unlimited cashback on all eligible purchases made in U.S. dollars.
• 2% unlimited cashback on all eligible non-U.S. dollar purchases if you have 1 qualifying service with Rogers, Fido, or Shaw.
• 1.5 times more cashback every time you redeem for Rogers, Fido, or Shaw purchases

If you don't have one of these services, you’ll receive:

• 3% unlimited cashback on all eligible purchases made in U.S. dollars.
• 1.5% unlimited cashback on eligible non-U.S. dollar purchases.

In both scenarios, the base cashback rate is high, making this card a solid option for everyone.

For the best value, your cashback can be redeemed with a 1.5x redemption bonus when used towards qualifying Rogers, Fido, or Shaw purchases. This boost effectively increases the cashback rate on non-U.S. dollar purchases to 3% if you have an eligible Rogers, Fido, or Shaw service or 2.25% if you do not. If you don't have a qualifying service, you can still use your cashback towards Rogers hardware purchases – like a new phone or headphones – to get the same bonus.

3 Benefits of the Rogers Red World Elite Mastercard

There are three major benefits to owning the Rogers Red World Elite Mastercard, let’s explore them now:

1 - No Annual Fee Combined With Amazing Value

As outlined before, this card allows you to earn one of the highest reward rates, plus tons of top-tier travel benefits – all for no annual fee!

2 - A Unique Roaming Perk

5 free Roam Like Home days is a benefit exclusive to Rogers credit cards.

Anyone who's traveled internationally understands the steep costs associated with international calls. If you utilize this benefit, valued at up to $80, you’ll pocket some savings on these charges with the Rogers Red World Elite Mastercard.

3 - Trip Cancellation Insurance

If I were given the choice to choose only one benefit when travelling, without a doubt, I would pick trip cancellation insurance. When your trip is cancelled due to unforeseen circumstances, this coverage has the potential to save you thousands of dollars.

Given that this is such a big insurance category to include on a card, most free cards (and even many paid cards) don't have this coverage. When you own the Rogers Red World Elite card, you get access to this benefit for free!

One Downside to the Rogers Red World Elite Mastercard

Before you get too excited about this card’s potential, you’ll want to make sure to keep one important drawback in mind:

Not everyone qualifies for this card

The Rogers Red World Elite Mastercard requires a personal income of $80K/year or a household annual income of $150K/year.

Comparison to Other Popular Cashback Credit Cards in Canada

To help you decide whether the Rogers Red World Elite Mastercard is truly the right credit card for you (assuming you meet those high annual income requirements), let’s do a quick comparison with some of the best cashback cards on the market:

Rogers Red World Elite Mastercard vs SimplyCash® Card from American Express: 

The SimplyCash Card offers 2% cashback on gas and groceries and 1.25% on other purchases. In addition to a lower overall cashback rate, American Express is not accepted everywhere, so, in this comparison, the Rogers card wins!

Rogers Red World Elite Mastercard vs SimplyCash™ Preferred Card from American Express

The SimplyCash Preferred Card gives cardholders 4% cashback on gas and groceries and 2% cashback on everything else (with a $1200 cap on the cashback rate on grocery purchases annually). Even though the SimplyCash Preferred Card earns more on gas and groceries, it comes with a $120 annual fee, which, for most people, the additional 2% earned does not cover this cost.

In addition, American Express credit cards aren’t as widely accepted as a method of payment, which is a crucial factor for travellers to consider. So, for the most part, the Rogers Red World Elite Mastercard wins in this comparison as well!

Rogers Red World Elite Mastercard vs Neo World Elite Mastercard

If you’ve ever had the chance to read our best cashback credit cards blog, you’ll remember that the Rogers Red World Elite Mastercard and the Neo World Elite Mastercard are the top two overall cashback credit cards in Canada – according to us experts at FinlyWealth. 

Basically, if you have a qualifying Rogers, Fido, or Shaw service, meet the annual income requirements, and don’t want to pay an annual fee, then the Rogers Red World Elite Mastercard is your ideal contender.

Alternatively, if you’d like to take advantage of a unique rewards program – one that allows you to boost your everyday earnings by saving $5k - $10k inside of a Neo Everyday Account or by purchasing products and services from a Neo Partner – then the Neo World Elite Mastercard might be the superior option. This contender also has more coverage and better overall value, but it comes with the same high annual income requirements and a high annual fee. So, really, this card is best for cashback if you don’t have a Rogers, Fido, or Shaw service and you don’t mind the added annual fee in exchange for added value. For a complete breakdown of this option, read the review.

Final Verdict

In terms of overall score, the Rogers Red World Elite Mastercard is currently the highest-rated no-fee cashback credit card on FinlyWealth; therefore, we recommend that those who qualify apply for this card.

On the other hand, if you’re not opposed to an annual fee and you’d like more cashback on everyday purchases (particularly gas, groceries, and recurring payments), including a couple of opportunities to boost your cashback even further, you might want to consider the Neo World Elite Mastercard instead.

Frequently Asked Questions

What makes the Rogers Red World Elite Mastercard a top choice for spenders looking for a no-annual-fee cashback card?

The Rogers Red World Elite Mastercard stands out because it combines high cashback rates and premium benefits – all for no annual fee. 

Cardholders can earn up to 3% cashback on U.S. dollar purchases and up to 2% cashback on all other purchases, plus the opportunity to boost non-U.S. dollar purchases to 3% cashback when they redeem their rewards towards Rogers, Fido, or Shaw purchases.

For a no-fee card, the Rogers Red World Elite Mastercard also offers rare perks like trip cancellation insurance and free international roaming days.

How exactly does having a Rogers, Fido, or Shaw service improve the reward rates on the Rogers Red World Elite Mastercard?

As an eligible Rogers, Fido, or Shaw customer, you’ll receive enhanced cashback rates, such as:

• 3% cashback on U.S. dollar purchases
• 2% cashback on all other purchases, and
• A 1.5x redemption bonus when you redeem your rewards towards eligible Rogers, Fido, or Shaw purchases

All in all, being a valid customer optimizes your cashback rate up to 3% on all purchases when redeemed strategically.

Who won’t benefit from applying for the Rogers Red World Elite Mastercard?

You will not be eligible for this card if you do not meet the Rogers Red World Elite Mastercard’s high annual income requirements. The minimum personal annual income requirement is $80,000 or at least $150,000 annually per household.

This card also won’t be as beneficial for individuals who don’t use Rogers, Fido, or Shaw services.

How does the Rogers Red World Elite Mastercard compare to other popular cashback credit cards in Canada?

Compared to other top cashback credit cards in Canada, like the SimplyCash cards from American Express or the Neo World Elite Mastercard, the Rogers Red World Elite Mastercard provides strong no-fee value and a wide acceptance rate. 

In all honesty, the Neo World Elite Mastercard offers better value on specialized categories and more coverage, but it comes with an annual fee on top of high annual income requirements.

While the SimplyCash cards from American Express also earn more in their respective specialized categories, as Amex credit cards, they have a lower acceptance rate among international retailers (especially select merchants across Europe).

At the end of the day, the Rogers Red World Elite Mastercard is the most well-rounded option for high-income individuals who have eligible Rogers, Fido, or Shaw services – or even those who want to avoid annual fees.