VaultNerd
Rogers Red World Elite Mastercard
cash-back4.3 / 5

Rogers Red World Elite Mastercard

Rogers Bank

Best for

Rogers, Fido, or Shaw customers who want maximum no-fee cashback on every purchase.

Apply on Rogers Bank
Annual fee
None
FX fee
2.5%
Purchase APR
20.99%
Income req.
$80,000 personal / $150,000 household
Recommended credit score
725+
Approval difficulty
Hard approval

VaultNerd estimate based on the card's tier and income requirements — not an official issuer cutoff. Approval also depends on income, debt, and credit history.

Our verdict

Arguably Canada's best no-fee cashback card if you have a Rogers-family service: unlimited 2% everywhere plus genuine World Elite insurance at zero cost.

Reward rates

U.S. dollar purchases
2.5% foreign transaction fee still applies
3%
Everything else
2% with a qualifying Rogers, Fido, or Shaw service; 1.5% otherwise
2%

Pros

  • 2% unlimited cashback with no annual fee is best-in-class
  • Strong travel insurance for a no-fee card
  • 3% on U.S. dollar purchases

Cons

  • Full 2% rate requires a qualifying Rogers, Fido, or Shaw service
  • 2.5% FX fee erodes the 3% USD earn rate

Perks

  • No annual fee for a World Elite Mastercard
  • Unlimited 2% cashback on everything for Rogers/Fido/Shaw customers
  • 1.5x redemption bonus when cashback is redeemed toward Rogers, Fido, or Shaw purchases
  • Free additional cards
  • Mastercard World Elite travel benefits

Insurance

  • Travel emergency medical up to $1,000,000 (10 days; 3 days for 65+)
  • Trip cancellation ($1,000) and trip interruption ($1,000/person)
  • Trip delay up to $150/day for 3 days
  • Rental car collision/loss damage (up to 31 days, MSRP ≤ $65,000)
  • Purchase protection (90 days)
  • Extended warranty (+1 year)
Disclaimer: This article is for informational purposes only and does not constitute financial, tax, or legal advice. Information may be simplified, incomplete, or out of date. Consult a licensed professional before making financial decisions. VaultNerd may receive compensation from partners featured on this site — this does not influence our editorial content.
Written by
The VaultNerd Team

Researching and writing about Canadian credit cards and rewards since 2026.

Cite this page

“Rogers Red World Elite Mastercard Review — VaultNerd” — VaultNerd, https://www.vaultnerd.com/credit-cards/rogers-red-world-elite, updated June 2026.

Sources
  • Rogers Bank cardholder agreement and rates & fees disclosure
  • VaultNerd cards database