Rogers Red World Elite® Mastercard

MBNA Rewards World Elite® Mastercard®

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Rogers Red World Elite® Mastercard vs MBNA Rewards World Elite® Mastercard®

Which one is better? Both cards worked out on the same spending: rewards, welcome bonus, fees and perks, line by line.

4.5

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3.9

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Welcome bonus

Each offer as the issuer words it. The numbers below show whether your spending reaches it.

The offer

Bank may have varied Welcome Bonus offers from time to time. Visit their compare cards page to learn more.

20,000 bonus points^†† (approximately $165 in cash back value) after you make $2,000 or more in eligible purchases within the first 90 days of your account opening.
10,000 bonus points^††(approximately $80 in cash back value) once enrolled for paperless e-statements within the first 90 days of account opening
This offer is not available for residents of Quebec. For residents of Quebec, please click here.

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

$772

$360

Every year after

$472

MBNA Rewards World Elite is worth $412 more to you in year one.

It stays ahead after that, by $112 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

+$120

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

$592.44

59,244 points a year

Welcome bonus

+ $300

first year only

Annual fee

− $120

First-year value

$772.44

1¢ a pointMBNA Rewards, redeemed for Travel

Where each card earns

A year of your spending at each card's own reward rates, most first.

1.5%All other purchases

$360

5xAll categories with 5x multipliers

44,076 pts

$440.76

1xAll other purchases

15,168 pts

$151.68

Fees, rates and eligibility

What each card costs to hold and to use abroad, and who it's for.

Annual fee

$120

Additional cards

$50

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:

21.99%

Cash Advance:

22.99%

Balance Transfer:

22.99%

Recommended credit score

300

Poor

560

Fair

660⁎

Good

725⁎

Very Good

760⁎

Excellent

⁎Estimates based on Equifax scoring

300

Poor

560

Fair

660⁎

Good

725⁎

Very Good

760⁎

Excellent

⁎Estimates based on Equifax scoring

Income required

Min Personal Income:

$80,000

Min Household Income:

$150,000

Min Personal Income:

$80,000

Min Household Income:

$150,000

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 5 points^‡ for every $1 spent on eligible restaurant, grocery, digital media, membership, and household utility purchases until $50,000 is spent annually in the applicable category.
1 point^‡ for every $1 on all other eligible purchases.
Each year, you will receive Birthday Bonus Points^‡ equal to 10% of the total number of Points the Account earned in the 12 months before the month of the primary cardholder's birthday, to a maximum Birthday Bonus each year of 15,000 Points.

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

Cash back: every dollar it earns counts as a dollar, so there's nothing to convert.

MBNA Rewards

We count each point at 1¢ a point, what it's worth redeemed for Travel, its best value. Every dollar figure above uses that value.

Point redemption options

Nothing to redeem: it pays cash back.

Most Optimal

Travel

1¢ / point

Gift Cards

0.98¢ / point

Statement Credits (Cash) - World Elite

0.82¢ / point

Merchandise

0.8¢ / point

Statement Credits (Cash) - Platinum

0.5¢ / point

Insurance and perks

What both cards include comes first in each list.

Insurance

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 days

Travel 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

31 days

Extended Warranty

1 year

Purchase Protection

90 days

Travel Medical Insurance (64 & under)

$2M for 21 days

Lost or Stolen Baggage

$1,000/person

Baggage Delay

$1,000/person

Common Carrier Travel Accident Insurance

$1,000,000

Mobile Device Insurance

$1,000

Price Protection

$500/item, $1,000/account per year

Flight Delay

$500/person after 4 hours

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.

Car Rental Discount

10% off base rate of Avis Rent A Car and Budget Rent A Car in Canada and US and 5% internationally

Trip and legal Assistance

Annual Birthday Bonus

10% of the Points earned the 12 months prior to the primary cardholder's birthday month (up to a max 15,000 bonus points per year)

Concierge Services

Our take

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!

The MBNA Rewards World Elite® Mastercard® is one of the best reward credit cards in Canada, offering high rewards on frequently spent categories such as groceries and restaurant purchases. The annual birthday bonus, unique to this card, also provides a significant boost to your yearly earnings. Additionally, the card features a comprehensive list of benefits, including price protection—a rare and valuable perk not found with many other cards in Canada. These factors make this card one of the best to have in Canada.

Pros

Top no-fee contender
Member earning boosts
USD optimization
Comprehensive coverage
Airport lounge membership
Roam Like Home days

High grocery optimization
High dining optimization
Annual birthday bonus
Solid travel insurance
Rare price protection
Good redemption values

Cons

High income requirements
Annual spending caps

Missing key insurance categories
Low gas optimization
Annual fee
High income requirements

More comparisons

Other cards we've put each of these up against.

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.

This offer is not available for residents of Quebec. For residents of Quebec, please click here.

Standard Annual Interest Rates of 21.99% on eligible purchases, 22.99% on balance transfers✪, and 22.99% on cash advances

Sponsored advertising. MBNA is a division of The Toronto-Dominion Bank (TD) and TD is not responsible for the contents of this site including any editorials or reviews that may appear on this site. For complete information on this MBNA credit card, please click on the “Apply Now” button.

The Toronto-Dominion Bank is the issuer of this credit card. MBNA is a division of The Toronto-Dominion Bank. ®MBNA and other-trademarks are the property of The Toronto-Dominion Bank.