Rogers World Elite Mastercard Review 2023: Is It Worth It?

Greatest for travellers who make frequent purchases in U.S. {dollars}.

Travellers who continuously spend cash within the States will get the very best fee from this card. However a stable 1.5% baseline fee on common purchases may make the Rogers World Elite Mastercard a contender for on a regular basis spenders.

Learn more about how we evaluate cards.

This no-fee bank card is marketed to travellers in search of the flexibleness of cash-back rewards. Nonetheless, its lukewarm welcome provide might not be sufficient to entice new cardholders.

Rogers™ World Elite® Mastercard®

• Annual Payment

• Curiosity Charges

• Rewards Price

• Intro Provide

• 1.5% in limitless cash-back rewards for eligible common purchases.
• 3.5% in limitless cash-back rewards for eligible U.S. greenback purchases.
• Money-back rewards may be redeemed for purchases or utilized on to your Rogers, Fido, or chatr cell phone invoice. Money-back rewards may be redeemed utilizing the Rogers Financial institution app or Pay with Rewards app. You have to accrue a minimum of $10 in cash-back rewards earlier than you’ll be able to redeem them on a purchase order, and redemptions don’t depend towards minimal cost quantities.
• $0 annual charge.
• Earn limitless cash-back rewards wherever Mastercard is accepted.
• Free Boingo Wi-Fi for Mastercard® Cardholders at over 1 million hotspots worldwide.
• Entry to over 1,000 LoungeKey airport lounges in over 100 nations with Mastercard Airport Experiences.
• No cost so as to add further cardholders.
• Security measures like transaction monitoring and alerts, zero legal responsibility for unauthorized use and steadiness safety.
• Eight kinds of insurance coverage offered, together with 10-day journey medical advantages for these as much as age 64 — as much as $1 million in protection. Three days of medical advantages are offered for these age 65 to 75.
• Most popular charges: 19.99% for purchases, 22.99% for money advances.
• To be eligible, $80,000 (particular person) or $150,000 (family) annual earnings is required. Additionally, you have to have a Canadian credit score file and be a Canadian resident of the age of majority within the province or territory the place you reside.

Rogers World Elite Mastercard full evaluation

The Rogers World Elite Mastercard is a cash-back credit card with no annual charge. It’s one among two Rogers Financial institution bank cards at the moment accepting candidates. Cardholders earn limitless money again with no annual spending caps and obtain a number of kinds of journey insurance coverage protection.

Advantages of the Rogers World Elite Mastercard

One among this card’s standout options is its cash-back fee of three% on U.S. greenback purchases — and that’s as a result of bank cards that particularly reward USD spending are few and much between. Sweetening the deal is airport lounge entry for $32 USD per individual per go to. 

Cardholders additionally profit from journey insurance coverage and pay no annual charge to hold the cardboard.

Drawbacks of the Rogers World Elite Mastercard

The Rogers World Elite Mastercard’s journey insurance coverage doesn’t cowl delayed flights and baggage or resort burglaries. Plus, its airport lounge entry comes at a value. It’s additionally lacking some journey perks supplied by competing playing cards, like precedence boarding and free checked baggage.

Who ought to get the Rogers World Elite Mastercard?

Travellers who make frequent purchases in U.S. {dollars} or on a regular basis spenders in search of cash-back rewards stand to profit most from the Rogers World Elite Mastercard’s rewards charges and journey perks.

Is the Rogers World Elite Mastercard price it?

Whether or not the Rogers World Elite Mastercard is smart on your pockets largely depends upon your spending habits. There’s no annual fee to recoup, which is some extent in its favour. That stated, the cardboard affords its highest cash-back fee on purchases made in U.S. {dollars}, so cardholders who prefer to spend within the States are finest positioned to maximise the cardboard’s worth.

Rogers Financial institution buyer scores

• Mediocre Trustpilot ranking: 2.6 out of 5 potential stars based mostly on fewer than 10 buyer opinions, as of this writing. Its mum or dad firm, Rogers Communications, receives a Trustpilot ranking of 1.2 out of 5 potential stars based mostly on over 1,000 buyer opinions, as of this writing.   
• Poor Higher Enterprise Bureau ranking: 1.11 out of 5 potential stars based mostly on over 15 buyer opinions, as of this writing. Its mum or dad firm, Rogers Communications, receives 1.09 out of 5 potential stars based mostly on over 300 buyer opinions, as of this writing.

Rogers World Elite Mastercard eligibility

Who qualifies for the Rogers World Elite Mastercard?

To qualify for the Rogers World Elite Mastercard, you have to:

• Be a Canadian resident.
• Be a minimum of the age of majority on your province or territory.
• Not have declared chapter prior to now seven years.
• Have a minimal annual earnings of $80,000 or family earnings of $150,000.
• Preserve a minimal spend of $15,000 yearly.

Approximate credit score rating wanted for approval

Canadian bank card issuers not often disclose required credit scores, which makes it laborious to know your possibilities of approval when evaluating bank cards. Nonetheless, increased scores typically imply higher possibilities of approval, and that’s true no matter the kind of credit score you’re making use of for.

Wish to study extra? Go to our “What Credit Score is Needed for a Credit Card?” web page.

Rogers World Elite Mastercard rewards

Tips on how to apply for the Rogers World Elite Mastercard

The applying course of for the Rogers World Elite Mastercard may be accomplished on-line:

1. Choose the Apply Now button from the Rogers World Elite Mastercard web page on the Rogers Financial institution web site. 
2. Verify your eligibility for the Rogers World Elite Mastercard by choosing your responses to the eligibility questionnaire. 
3. Evaluate the cardboard’s phrases and situations and choose Proceed.
4. Enter your private particulars, together with your full identify, date of beginning, telephone quantity, e-mail deal with, residential deal with and employment standing.
5. Inform Rogers Financial institution about your funds, together with your annual private earnings, family earnings and residential standing.
6. Evaluate the data you’ve entered and choose Proceed.
7. Evaluate the cardboard’s insurance coverage protection, in addition to the phrases and situations.
8. Submit your utility.

Rogers World Elite Mastercard vs Tangerine World Mastercard

Each of those bank cards earn money again, however eligibility standards and earn charges range.

Causes you may want a special card

The Rogers World Elite Mastercard might not be a sensible match if:

• You don’t make many U.S. greenback purchases. 
• You desire a card with extra journey perks, like precedence boarding or free checked baggage.
• You’d favor to earn totally different rewards, like factors or miles.

Rogers World Elite Mastercard information

Concerning the Creator

Shannon Terrell

Shannon Terrell is a lead author and spokesperson for NerdWallet, the place she writes about bank cards and private finance. Beforehand, she was a author, editor and video host for monetary…

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