Canada · Rogers Bank · Mastercard
Rogers Red World Elite Mastercard
No annual fee · 1.5% on everything else · 2.5% foreign transaction fee
Earn rates · how we got this
| Category | Rate | Cap |
|---|---|---|
| Everything else | 1.5% | uncapped |
See more Canada credit cards →
Non-cash perks
- No FX fee premium is offset by 3% USD cash back (net positive on US-dollar spend)
- 1.5x redemption value on Rogers/Fido/Shaw bills
Does the fee earn out? · how we got this
No annual fee, so every point earned is pure upside. The question is only whether its rates beat the other cards already in your wallet — which depends on your spending, not the card.
Who this card is not for
Every point below is a term the issuer prints, read off this card's own row in our database — not an opinion about the card. One thing on this card rules out a kind of spender:
- Anyone who spends abroad. Every purchase in a foreign currency carries a 2.5% foreign transaction fee. On a card earning 1.5¢ per dollar at the base rate, that fee costs more than the rewards on the same purchase.
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Which card should this spending actually be on? The demo re-scores a year of realistic spending against every card in a wallet — free, no signup. See it on sample data →
Verified 2026-09-15 against issuer terms · sources: www.rogersbank.com. Spot an error? Tell us.