The Rogers Red World Elite Mastercard is one of the best no-fee cash back credit cards in Canada. With a qualifying Rogers, Fido, Shaw, or Comwave service, it earns 2% cash back on non-USD purchases (1.5% without one) with zero annual fee, plus up to 3% on foreign currency purchases. That 3% on foreign currency partially offsets the 2.5% Mastercard FX fee, giving you up to a net 0.5% return on US and international purchases — still better than most cards that charge 2.5% with no offsetting reward. Redeeming cash back toward eligible Rogers, Fido, Shaw, or Comwave purchases also gets a 1.5x redemption boost. Pair it with an Amex Cobalt for food spending and you have a two-card setup that maximizes rewards across all categories.
| Fact | Details |
|---|---|
| Card | Rogers Red World Elite Mastercard |
| Issuer | Rogers Bank |
| Annual Fee | $0 |
| Income Requirement | $80,000 personal or $150,000 household |
| Base Earn Rate | Up to 3% cash back on USD purchases; 2% non-USD with a qualifying Rogers/Fido/Shaw/Comwave service (1.5% without) |
| Foreign Transaction Fee | 2.5% |
| Purchase Interest Rate | 21.99% |
| Cash Advance Interest Rate | 22.99% |
Stable card facts (fee, income requirement, base earn rate, and any confirmed interest/FX rates) current as of 2026-09-05. Welcome/sign-up bonuses change frequently and are not included here — confirm the current offer on the issuer’s site before applying.
Card at a Glance
| Feature | Details |
|---|---|
| Card name | Rogers Red World Elite Mastercard |
| Network | World Elite Mastercard |
| Rewards type | Cash back (Rogers statement credit or cheque) |
| Insurance | Purchase protection, extended warranty |
Card terms confirmed as of September 2026. The annual fee and income requirements are set by Rogers Bank and rarely change, but should be verified on Rogers Bank’s website before applying.
Cash Back Rates
| Category | Rate |
|---|---|
| Foreign currency purchases | Up to 3% (net up to 0.5% after FX fee) |
| Non-USD purchases, with 1 qualifying Rogers/Fido/Shaw/Comwave service | 2% |
| Non-USD purchases, without a qualifying service | 1.5% |
| Redeeming cash back for Rogers/Fido/Shaw/Comwave purchases | 1.5x redemption boost |
Annual Cash Back Estimate
| Monthly Spend | Category | Annual Cash Back |
|---|---|---|
| $200 foreign purchases | Up to 3% (net up to 0.5%) | $12 |
| $1,600 other (non-USD, with qualifying service) | 2% | $384 |
| Total | $396 |
$0 annual fee — all cash back is pure return. Without a qualifying Rogers/Fido/Shaw/Comwave service, the 2% rate above drops to 1.5%.
Rogers Red WE vs Alternatives
The Rogers Red World Elite wins on simplicity for Rogers/Fido/Shaw/Comwave customers. The Tangerine Money-Back gives you 2% in chosen categories but only 0.5% on everything else. SimplyCash from Amex offers 1.25% flat but has limited acceptance. The Rogers card beats both at up to 2% on non-USD purchases with Mastercard acceptance at virtually every merchant in Canada. The $80,000 income requirement is the only real barrier — if you don’t meet it, the non-Elite Rogers Red World Mastercard ($0 fee, similar structure at lower rates and no income requirement) or the Tangerine card are the alternatives.
| Feature | Rogers Red WE | Tangerine MC | BMO CashBack | SimplyCash Amex |
|---|---|---|---|---|
| Annual fee | $0 | $0 | $0 | $0 |
| General rate | 2% (1.5% without service) | 0.5% | 0.5% | 1.25% |
| Chosen categories | — | 2% (2-3 cats) | 3% grocery | — |
| Foreign currency | Up to 3% (net up to 0.5%) | 0.5% | 0.5% | 1.25% |
| Best for | Rogers/Fido/Shaw customers | Category spenders | Groceries | Flat rate alternative |
Who Should Get This Card
| Profile | Recommendation |
|---|---|
| Rogers/Fido/Shaw/Comwave customer | ✅ Best no-fee pick — 2% rate applies |
| Want simple flat-rate card | ✅ Still solid at 1.5% without a qualifying service |
| International traveller | ✅ Best no-fee for FX transactions |
| Prefer higher category rates | ⚠️ Tangerine or Scotia better |
The Bottom Line
The Rogers Red World Elite is one of the easiest credit card recommendations in Canada for Rogers/Fido/Shaw/Comwave customers: up to 2% on everyday purchases, no annual fee, Mastercard acceptance everywhere. Use it as your primary card for all non-food spending, or as a Mastercard backup if you use an Amex for dining and groceries. At $0/year, there’s no reason not to have it in your wallet.
Frequently asked questions
What is the income requirement for the Rogers Red World Elite Mastercard? The Rogers Red World Elite Mastercard requires a minimum personal income of $80,000 or household income of $150,000 — the standard World Elite Mastercard threshold. This makes it less accessible than many other premium cards.
Is the Rogers Red World Elite Mastercard good for non-Rogers customers? Without a qualifying Rogers/Fido/Shaw/Comwave service, the Rogers World Elite Mastercard earns 2% cash back on USD purchases and 1.5% on non-USD purchases – still competitive, but not best-in-class. Cards like the Tangerine Money-Back or Neo Financial Mastercard may offer higher rates in specific categories. The card is most valuable for Rogers, Fido, Shaw, or Comwave customers, who unlock the 2% non-USD rate plus a 1.5x redemption boost on Rogers/Fido/Shaw purchases.
Rogers World Elite Mastercard earn rates
| Category | Earn rate |
|---|---|
| Foreign currency (USD) purchases | Up to 3% cash back (net up to 0.5% after the 2.5% Mastercard FX fee) |
| Non-USD purchases, with a qualifying Rogers/Fido/Shaw/Comwave service | 2% cash back (plus 1.5x redemption boost on Rogers/Fido/Shaw purchases) |
| Non-USD purchases, without a qualifying service | 1.5% cash back |
Cash back can be redeemed as statement credit against any Rogers, Shaw, or Fido bill, or as general statement credit.
World Elite Mastercard benefits included:
- Complimentary LoungeKey membership (lounge access at US$32/visit)
- Comprehensive travel insurance (medical, trip cancellation, baggage)
- Purchase protection and extended warranty
- Mastercard Concierge
Monthly spend requirement: $1,000/month minimum to maintain World Elite benefits. Below this threshold, the card reverts to standard Mastercard benefits.
Comparing Rogers WE to comparable no-fee cards
| Card | Base earn rate | Annual fee |
|---|---|---|
| Rogers WE | 1.5%-2% non-USD (2% w/ qualifying service), up to 3% USD | No fee |
| Tangerine Money-Back | 2% in 2–3 categories | No fee |
| Neo Financial Mastercard | Up to 15% at partners (personalized offers, no guaranteed base rate) | No fee |
| PC Financial WE Mastercard | ~1.5–2% in PC points | No fee |
For non-Rogers customers, the Rogers WE is competitive but not best-in-class for base earn rate.