Rogers World Elite Mastercard
Rated 3.1/5 stars.
- 3% Earn 3% back on all purchases made in US dollars
- 1.5% Earn 1.5% back on all eligible regular purchases
- No annual fee
- Free Mastercard Travel Pass with airport lounge access, discounts, and more
- Extensive travel insurance
- Cash back on all eligible purchases
- Only accessible for those with a high income
- High foreign transaction fee that offsets U.S. cash back rate
The card offers an easy way to earn travel and shopping rewards with no annual fee. It also provides attractive luxury benefits such as airport lounge access and cash back on U.S. currency and everyday purchases, while also offering substantial travel insurance. This card is best for those who travel to the U.S. frequently.
Travellers looking for a premium credit card should consider the Rogers World Elite Mastercard. With a mix of generous rewards and exclusive benefits, it’s easy to see why this card has become so popular.
It offers unlimited cash back on everyday purchases – like groceries, gas, and online shopping – plus a wide range of travel perks.
Our Rogers World Elite Mastercard review outlines all of the benefits and drawbacks of the card so you can decide if it’s the best card for you.
Rogers World Elite Mastercard: an overview
The Rogers World Elite Mastercard is a cash back credit card that offers cardholders additional travel benefits, including extensive travel insurance and airport lounge access.
The no-annual-fee card gives cash back on all purchases, a higher cash back percentage for purchases made in U.S. dollars, and exclusive cardholder benefits.
The best part is, rewards are easy to redeem. And cardholders can get additional cards at no cost.
Rogers World Elite Mastercard rewards
The Rogers World Elite Mastercard offers an attractive cash-back rewards program. There are two cash-back rates for this credit card.
- 3% cash back on all purchases made in U.S. dollars
- 1.5% unlimited cash back on all eligible purchases
Cardholders earn a $25 cash-back reward for their first purchase if it is made within the first 3-months of opening their account.
How to redeem rewards
Rogers World Elite Mastercard allows you to redeem your rewards once the minimum value of $10 is reached. You can use your rewards to put towards purchases made in the last 90 days.
You can redeem the cash back rewards using the Rogers Bank mobile app or online, where you can access your points total, view rewards, and redeem them. The sign-up process is simple and the app allows you to set up automated payments once your cash back reaches a set amount.
Rogers World Elite Mastercard eligibility
To apply for a Rogers World Elite Mastercard, you must be 18 years old and have an annual personal income of at least $80,000 or a household income of $150,000.
The estimated credit score for this card is between 680-900, which falls within the good to excellent range. With this score, your chances of being approved for the card would be high.
Rogers World Elite Mastercard interest rates and fees
- Annual fee: $0
- Extra card fee: $0
- Foreign transaction fee: 2.5%
- Purchases: 19.99%
- Cash advances and balance transfers: 22.99%
Because of the foreign transaction fee, the 3% cash back rate on U.S currency purchases should be taken as 0.5% cash back. Although 0.5% doesn’t sound as attractive as 3%, this can still be more than many cash back credit cards offer because of the typical foreign transaction fee.
Rogers World Elite Mastercard perks
Mastercard Travel Pass
The Mastercard Travel Pass by DragonPass includes access to 1,300 airport lounges worldwide, airport security fast track, discounts on airport restaurants, and complimentary Boingo Global Wi-Fi.
Travel and purchase insurance
Benefit from extended warranty and purchase protection on select transactions.
Plus, get emergency medical insurance for the first 10 days of your trip (age restrictions apply), rental car collision or damage coverage, and trip interruption and cancellation insurance.
You can monitor your transactions and set up alerts that notify you when there’s been a change in your regular account activity.
Plus, you won’t be liable for unauthorized charges.
In the event that you can’t pay your full card balance due to an unforeseen illness, disability, or job loss, you’ll be assisted with making your minimum payments.
Rogers World Elite Mastercard alternatives
Rogers World Elite Mastercard
- Welcome Offer $25 in cash back rewards
- Annual Rewards $370
- Annual Fee $0
- Minimum Income Required Personal: $80,000 Household: $150,000
BMO CashBack World Elite Mastercard
- Welcome Offer 10% cash back for the first 3 months
- Annual Rewards $606
- Annual Fee $120 (first year waived)
- Minimum Income Required Individual: $80,000 Household: $150,000
SimplyCash® Preferred Card from American Express
- Welcome Offer Up to $400 in statement credits in the first 10 months
- Annual Rewards $636
- Annual Fee $9.99 a month ($119.88 total per year)
- Minimum Income Required None
Our final thoughts
The Rogers World Elite Mastercard is an excellent choice if you’re looking for a cash back card with no annual fee and lots of travel benefits.
If you travel frequently, particularly to the U.S., you’ll benefit from making purchases with this card and be able to enjoy the journey to each destination.
If you don’t travel to the states enough, you may prefer a cash back credit card with higher earn rates on daily purchases.