Rogers World Elite Mastercard
- APR
- 20.99% – 25.99%
- Annual Fee
- $0
- Rewards
- Up to 3.0%
The Rogers World Elite Mastercard offers no annual fee and up to 3% cashback on US dollar purchases, with 1.5% on all other purchases.
You'll be redirected to rogersbank.com
Our Verdict
This card is ideal for those who frequently spend in USD and want to earn cashback without annual fees.
Pros
- No annual fee
- Up to 3% cashback on USD purchases
- 1.5% cashback on all other purchases
- Mastercard benefits
- No foreign transaction fees
Cons
- Requires a minimum credit score of 680
- Higher APR range of 20.99% to 25.99%
- Cashback only applies to specific categories
- Limited rewards for non-US purchases
- May not suit those who spend less
The Rogers World Elite Mastercard stands out for its no annual fee and generous cashback on US dollar purchases, making it appealing for frequent travelers. The 3% cashback on USD transactions is particularly attractive, especially for Canadians who shop or travel in the U.S.
However, the card requires a minimum credit score of 680, which could exclude many potential applicants. Additionally, users should note the APR range of 20.99% to 25.99%, which can be costly for those who might carry a balance.
For everyday purchases, the 1.5% cashback is decent, but cardholders might find better options if they spend less on US dollars. Compared to alternatives like the Scotiabank Gold American Express, which offers 5x points on groceries, this card may not maximize rewards for all spending categories.
Overall, this card is best for those who want to earn cashback on US transactions without an annual fee. Just remember, if cashback is your main goal, explore other cards that might offer broader rewards categories.
Who It's For
This card is ideal for Canadians who frequently spend in US dollars and want to earn cashback without an annual fee.
Watch Out
Be mindful of the high APR if you carry a balance month-to-month.
Summary
The Rogers World Elite Mastercard is a solid choice for frequent US dollar spenders, offering cashback without an annual fee, but may not be suitable for everyone.
Best For
Best for Canadians who travel to the U.S. or make significant purchases in USD.
You'll be redirected to rogersbank.com
What Customers Say
Users appreciate the cashback rewards but express concern over the high APR and limited earning potential on non-US purchases.
