Is the Rogers World Elite Mastercard worth it?

The Rogers World Elite Mastercard is one of the best no-fee cards in Canada. It earns 1.5% cash back on all purchases and 3% on foreign currency transactions. The flat-rate structure with no annual fee makes it a great everyday card.

Does the Rogers World Elite have a foreign transaction fee?

The Rogers World Elite earns 3% cash back on foreign currency purchases, but Mastercard charges a 2.5% foreign transaction fee. The net result is a 0.5% return on foreign spending — still better than most cards that charge 2.5% with no offsetting reward.

Rogers World Elite Mastercard Review 2026

Card at a Glance

Feature	Details
Card name	Rogers World Elite Mastercard
Annual fee	$0
Minimum income	$80,000 personal / $150,000 household
Network	World Elite Mastercard
Rewards type	Cash back (Rogers statement credit or cheque)
Insurance	Purchase protection, extended warranty

Cash Back Rates

Category	Rate
Foreign currency purchases	3% (net 0.5% after FX fee)
Rogers/Fido services	2%
Everything else	1.5%

Annual Cash Back Estimate

Monthly Spend	Category	Annual Cash Back
$100 Rogers/Fido	2%	$24
$200 foreign purchases	3% (net 0.5%)	$12
$1,500 other	1.5%	$270
Total		$306

$0 annual fee — all cash back is pure return.

Rogers WE vs Alternatives

Feature	Rogers WE	Tangerine MC	BMO CashBack	SimplyCash Amex
Annual fee	$0	$0	$0	$0
General rate	1.5%	0.5%	0.5%	1.25%
Chosen categories	—	2% (2-3 cats)	3% grocery	—
Foreign currency	3% (net 0.5%)	0.5%	0.5%	1.25%
Best for	Flat rate everywhere	Category spenders	Groceries	Flat rate alternative

Who Should Get This Card

Profile	Recommendation
Want simple flat-rate card	✅ Best no-fee flat rate
Rogers/Fido customer	✅ Extra 2% on bills
International traveller	✅ Best no-fee for FX transactions
Prefer higher category rates	⚠️ Tangerine or Scotia better