Are you a Rogers, Fido, or Shaw customer? Do you travel to the U.S. frequently? Are you looking for airport lounge access?
The Rogers Red World Elite® Mastercard® is a great no annual fee credit card you should consider.
Rogers Red World Elite Mastercard Main Features
- No annual fee
- Earn cash back
- Purchases interest rate: 20.99%
- Cash advances interest rate: 22.99%
- 5 Roam Like Home days at no cost with an eligible Rogers mobile plan (up to $75 value).
- Travel, insurance, and purchase protection
Earning Rewards With The Rogers Red World Elite Mastercard
The Rogers Red World Elite Mastercard is a no-annual-fee rewards card that offers various cash back, travel, insurance, and security benefits to qualified users. As mentioned, this card comes with many notable starter features, including but not limited to:
- 2% cash back – no limits. Exclusively for eligible Rogers, Fido or Shaw customers.
- 3% unlimited cash back on U.S. dollar purchases.
- 1.5% cash back for non-Rogers consumers.
- 50% more cash back every time you redeem for Rogers, Fido or Shaw purchases.
Rogers Red World Elite Mastercard Perks
Here are some of the other general benefits and features that you can qualify for when you sign up for the Rogers Red World Elite Mastercard and use it to make eligible purchases:
Travel Benefits
- Access over 1,300 airport lounges worldwide with a complimentary membership to Mastercard Travel Pass provided by DragonPass.
Insurance Benefits
- Trip Interruption & Cancellation Insurance – You’ll be covered for up to $1,000 worth of losses in the event of cancelled or interrupted travel plans.
- Rental Car Theft & Damage Coverage – Protects you when you’re driving eligible rental vehicles.
- Purchase Protection – This insurance policy covers qualifying products lost or damaged within 90 days of the purchase date.
- Extended Warranty – If an eligible item has an expired manufacturer’s warranty, this benefit can help you extend it by up to 1 year.
- Out-of-Province or Out-of-Country Emergency Medical Insurance – Get 10 days of coverage outside of your home province (or 3 days if you’re over 65).
Security Features
- Zero Liability Coverage – If your Rogers World Elite Mastercard is used by an unauthorized party, you won’t be held liable for any debts that weren’t your fault.
- Balance Protection – The Group Balance Protection Insurance program covers you and your loved ones if an unforeseen event causes you to miss payments.
- Transaction Monitoring & Fraud Alerts – This Mastercard can also help you automatically detect any unauthorized usage and prevent identity fraud.
The Cost Of Owning A Rogers Red World Elite® Mastercard
Although some credit cards may come with fabulous benefits, it’s essential to consider the potential costs before you sign up for one and the Rogers Red World Elite® Mastercard is no exception. Here are some of the costs you may encounter when you own this card:
- Annual Fee – This card has no annual fee, which is a major perk considering all other benefits you receive with the card.
- Interest Rate – A rate of 20.99% will apply to your purchases. Your account can also generate interest with every late, incomplete, or missed payment.
- Cash Advance – When performing a cash advance, a rate of 22.99% of the transaction amount will apply.
- Extra Card Fee – Some credit card providers will charge you to replace lost or stolen cards, which is not true with the Rogers World Elite Mastercard.
Who Is Eligible For The Rogers Red World Elite® Mastercard?
The Rogers Red World Elite® Mastercard comes with a lot of great benefits. However, the general eligibility requirements can be slightly more restrictive than they are with other credit cards. Here are a few personal and financial elements that you’ll need to be eligible:
- A minimum personal income of $80,000 yearly
- A minimum household income of $150,000 yearly
- You must be a resident of Canada and be past the age of majority in your province or territory (18 – 19+)
Who Is The Rogers Red World Elite® Mastercard Right For?
The Rogers Red World Elite® Mastercard is a great option for Canadians who travel to the U.S. a lot, whether for business or pleasure. You’ll be able to earn 3% cash back on all types of purchases including groceries, clothes, gas and more. However, to qualify for the card, you’ll need a high income of at least $80,000.
Rogers Red World Elite® Mastercard FAQs
How do I redeem my cash back dollars?
- Using The Mastercard Pay With Rewards Feature – Using the mobile app or online portal, you can manually or automatically apply your cash back dollars to qualifying purchases after at least 90 days of using your Rogers World Elite Mastercard. The minimum amount that you must redeem at one time is $20.
- Making a Request – Cash back rewards can be redeemed for a statement credit against services and products from Rogers, Shaw, and Fido. They can also be applied to everyday purchases, like gas and groceries.
