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% specifically on USD purchases. That 3% on USD spend partially offsets the 2.5% Mastercard FX fee, giving you up to a net 0.5% return on US purchases: still better than most cards that charge 2.5% with no offsetting reward. Purchases in other foreign currencies (EUR, GBP, etc.) only earn the non-USD rate, so the FX fee isn’t fully offset there. 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. Competing no-fee cards are reviewed on our credit card reviews hub.
| 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 | 3% on U.S. dollar purchases; 2% on other purchases with a qualifying Rogers/Fido/Shaw/Comwave service (1.5% without); first $61,000/yr, then 1.5% |
| 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 2026-10-03. Welcome/sign-up bonuses change frequently and are not included here — confirm the current offer on the issuer’s site before applying.
It’s a World Elite Mastercard that earns cash back (Rogers statement credit or cheque). Included insurance: purchase protection, extended warranty.
Cash Back Rates
| Category | Rate |
|---|---|
| USD 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 USD 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 | None | 2% (2-3 cats) | 3% grocery | None |
| USD purchases | 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 easier credit card picks in Canada for Rogers/Fido/Shaw/Comwave customers: up to 2% on everyday purchases, no annual fee, Mastercard acceptance everywhere. It can work well as a primary card for non-food spending, or as a Mastercard backup if you use an Amex for dining and groceries. At $0/year, it’s a low-risk addition to a wallet for many Canadians.
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.
Related Resources
Sources
The figures and rules on this page come from these sources. How we check facts.
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