Rogers Red World Elite® Mastercard vs American Express® Aeroplan®* Card
Which one is better? Both cards worked out on the same spending: rewards, welcome bonus, fees and perks, line by line.
Welcome bonus
Each offer as the issuer words it. The numbers below show whether your spending reaches it.
The offer
The offer
Bank may have varied Welcome Bonus offers from time to time. Visit their compare cards page to learn more.
New American Express® Aeroplan®* Cardmembers can earn up to 45,000 Aeroplan points:
- Earn 35,000 Aeroplan points after spending $7,500 in purchases on your Card within the first 6 months.
- Plus, earn an additional 10,000 Aeroplan points when you spend $1,000 in purchases in month 13
- You could earn up to $1,550 in value within your first 13 months. When you combine the Welcome Bonus offer of up to $900 in value, your earn potential in accelerated and everyday spend earn rate categories with approximately $515 in value, and the $140 in value you get from exceptional benefits, you can earn up to $1,550 or more in value within your first 13 months. Terms and usage assumptions apply.
What each card is worth
Rewards, the welcome bonus and any Finly rebate in, the annual fee and FX fees out, all on your spending.
Worked out on a typical $2,000 a month of spending. Enter yours to see your own numbers.
$360
First-year value
$1,010
$360
Every year after
$345
Amex Aeroplan® is worth $650 more to you in year one.
From year two, Rogers Red World Elite pulls ahead by $15 a year.
How the first year adds up
Rogers Red World Elite
Rogers, Fido, Shaw or Comwave customer?
Eligible customers unlock boosted rewards on this card
Annual rewards
$360
cash back a year
Welcome bonus
+ $0
no welcome offer
Annual fee
− $0
no annual fee
First-year value
$360
Annual rewards
$465.12
24,480 points a year
Welcome bonus
+ $665
first year only
Annual fee
− $120
First-year value
$1,010.12
Where each card earns
A year of your spending at each card's own reward rates, most first.
1.5%All other purchases
$360
1.5xFood and drinks
6,300 pts
$119.7
2xAir Canada
480 pts
$9.12
1xAll other purchases
17,700 pts
$336.3
Fees, rates and eligibility
What each card costs to hold and to use abroad, and who it's for.
Annual fee
⁕ Notice: As of Jan 12, 2027, the American Express® Aeroplan®* Card annual fee will increase to $150. Annual fees charged on or after this date will reflect the new fee. The Additional Aeroplan®* Card annual fee will increase to $59. The Additional Aeroplan®* No Fee Card will be renamed to the Additional Aeroplan®* Companion Card and the annual fee will increase to $25. Learn more about new benefits.
Additional cards
Interest rates
Interest rates
Purchase:
21.99% - 25.99%1
Cash Advance:
22.99% - 27.99%1
Balance Transfer:
22.99% - 27.99%1
1 Standard rate on Purchases and Fees: 21.99%. Standard rate on Cash Advances, Cash-like Transactions and Balance Transfers: 22.99%. If you are not approved for an Account at the above rates and you reside outside Quebec, Rogers Bank may still issue you an Account at their alternate interest rates, as follows: Rate for Purchases and Fees: 25.99% Rate for Cash Advances, Cash-like Transactions and Balance Transfers: 27.99%.
Purchase:
30% Annual2
Cash Advance:
30% Annual2
2 As a Charge Card, the balance must always be paid in full each month. 30% annual interest rate applies to balances not paid in full. Payments must be received and processed by the date of the next monthly statement to avoid interest charges.
Recommended credit score
Recommended credit score
Income required
Income required
Min Personal Income:
$80,000
Min Household Income:
$150,000
Min Personal Income:
N/A
Min Household Income:
N/A
How each card earns
The earn rates and caps, as each issuer sets them.
- Earn 2% cash back on all eligible non-U.S. dollar purchases if you have 1 qualifying service with Rogers, Fido, Shaw or Comwave. Otherwise, earn 1.5% cash back on eligible non-U.S. dollar purchases.
- Plus, earn up to 3% cash back on eligible U.S. dollar purchases.
- Earn 2X the points on eligible purchases made directly with Air Canada®* and Air Canada vacations®*
- Earn 1.5X the points on eligible Dining and Food Delivery purchases in Canada
- Earn 1X the points on everything else
Points and how we value them
Points become dollars at each card's best redemption. Here's the value we used, and every other way to spend them.
Loyalty program
Loyalty program
Cash back: every dollar it earns counts as a dollar, so there's nothing to convert.
We count each point at 1.9¢ a point, what it's worth redeemed for Flights, its best value. Every dollar figure above uses that value.
Point redemption options
Point redemption options
Nothing to redeem: it pays cash back.
Most Optimal
Flights
1.9¢ / point
Car Rentals
0.9¢ / point
Travel
0.825¢ / point
Merchandise
0.75¢ / point
Gift Cards
0.72¢ / point
Insurance and perks
What both cards include comes first in each list.
Insurance
Insurance
.svg)
Car Rental Damage & Theft
31 days, $65,000 car MSRP
Extended Warranty
1 year
Purchase Protection
90 days
Travel Medical Insurance (64 & under)
Up to 10 daysTravel Medical Insurance (65 to 75)
Up to 3 days
Trip Cancellation
$1,000/person, $5,000 maximum
Trip Interruption
$1,000/person, $5,000 maximum
Car Rental Damage & Theft
$85K, up to 48 daysExtended Warranty
1 yearPurchase Protection
90 days, $1,000 per occurrence
Baggage Delay
$500 (Aggregated with Flight Delay)
Common Carrier Travel Accident Insurance
$500,000
Hotel Burglary Insurance
$500Flight Delay
$500 (Aggregated with Baggage Delay)
Perks
Perks
Airport Lounge - Dragon Pass
Discounted access to over 1300 airport lounges with Mastercard Travel Pass. Pass only, complimentary visits not included.
Roam Like Home Days
Get 5 Roam Like Home days at no cost, every year, with an eligible Rogers mobile plan.
.svg)
Status lift
Get 1,000 Status Qualifying Credits (SQC) for every $20,000 in eligible net purchases charged to your Card, up to 25,000 SQC.svg)
Free first checked bag
Enjoy your first checked bag free (up to 23kg/50lb) for up to 9 people travelling on the same reservation on Air Canada®* flights
Extra points
Earn points twice at over 150 Aeroplan partner brands
Free Extra Night at Hotels
Receive an extra night free for every 3 hotel nights redeemed with Aeroplan points
Amex Experiences™
From music and movies, to specially curated dining and online shopping opportunities, stay connected with all that we have to offer from the comfort of your own home
Our take
Why we like it
Why we like it
This card is one of the best in Canada, especially if you have 1 qualifying service with Rogers, Fido, Shaw or Comwave. With a qualifying service, you can effectively receive up to 2% cashback rate, which competitive against other no-fee contenders. 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!
This card comes with the free checked bag benefit, which can save hundreds on a single trip for you and your family, more than making up for the annual fee of the card. In addition, the card helps you reach the next Aeroplan Status faster with spending on the card. However, if you don't have a specific use for these two benefits, there are many better cards in terms of benefits and rewards.
Pros
Pros
- Top no-fee contender
- Member earning boosts
- USD optimization
- Comprehensive coverage
- Airport lounge membership
- Roam Like Home days
- Expedited status upgrades
- Free first checked bags
- Free extra hotel night
- Instant decision. No credit impact.
Cons
Cons
- High income requirements
- Annual spending caps
- Limited rewards
- Weaker insurance coverage
More comparisons
Other cards we've put each of these up against.
vs Amazon Rewards Mastercard
vs Amex Aeroplan Reserve
vs Amex Cobalt
vs Amex Gold
vs Amex Green
vs Amex Platinum
vs Amex SimplyCash
vs Amex SimplyCash™ Preferred
vs BMO CashBack World Elite
vs CIBC Aeroplan Visa Infinite
vs CIBC Costco Mastercard
vs MBNA Rewards World Elite
vs PC World Elite Mastercard
vs Rogers Red
vs Scotia Amex Gold
vs Scotia Momentum Visa
vs Scotia Momentum Visa Infinite +
vs Scotiabank Passport
vs Simplii Financial Visa Card
vs Tangerine Money-Back
vs TD Aeroplan Visa Infinite
vs TD Aeroplan Visa Infinite Privilege
vs TD First Class Travel
vs Walmart World Mastercard
vs Amazon Rewards Mastercard
vs Amex Aeroplan Reserve
vs Amex Cobalt
vs Amex Gold
vs Amex Green
vs Amex Marriott Bonvoy
vs Amex Platinum
vs Amex SimplyCash
vs Amex SimplyCash™ Preferred
vs CIBC Aeroplan Visa Infinite
vs MBNA Rewards World Elite
vs Scotia Amex Gold
vs Scotia Momentum Visa
vs Scotiabank Passport
vs Tangerine Money-Back
vs TD Aeroplan Visa Infinite
Legal
Rogers Bank is not responsible for maintaining or controlling the accuracy of the information published on this website. For full and up-to-date product information and applicable terms and conditions, visit Rogersbank.com. ®/TM Mastercard, World Elite and the circles design are registered trademarks of Mastercard International Incorporated. Used under License. TM Rogers and Mobius Design, Rogers Bank and related marks, logos and brand names are trademarks of Rogers Communications Inc., or an affiliate, used under license. © 2026 Rogers Bank. Rogers Bank is the issuer of this credit card.
*Terms and conditions apply.
As a Charge Card, the balance must always be paid in full each month. 30% annual interest rate applies to balances not paid in full. Payments must be received and processed by the date of the next monthly statement to avoid interest charges.
American Express is not responsible for maintaining or monitoring the accuracy of information on this website. If you apply and get approved for an American Express Card, (I/we) may receive compensation from American Express, which can be in the form of monetary payment.
