Rogers Bank · Mastercard · Cash back
Reviewed 2026-07-06 · By The Points Standard editorial team
Rogers Red World Elite Mastercard
The benchmark no-fee card. 2% everywhere for free is the number every paid card has to beat.
Standard Score breakdown — Strong
Six weighted components, each rated 0–10. "Contributes" is the rating × weight — add all six and you get the 7.08/10 Standard Score above.
See how the Standard Score works or re-weight it to your priorities.
The numbers
| Annual fee | None |
| Welcome bonus | Modest signup bonus for new cardholders (offers vary) |
| Est. bonus value | ≈ $60 |
| First-year net value | ≈ $360 |
Earn rates
| USD purchases | 3% |
| Everything else (1.5x for Rogers/Fido customers) | 2% |
Why it earns its score
- 2% flat cash back with no annual fee — the best free card in Canada
- 3% on USD purchases offsets the 2.5% FX fee, making US spend net-positive
- World Elite perks (lounge network membership, insurance) on a $0 card
Where it loses points
- $15,000 minimum annual income-spend requirements for World Elite status
- Redemption traditionally tied to Rogers bills or specific windows — check current terms
Who it's for
Anyone's default no-fee card — and specifically for US-dollar spending, where it effectively erases FX fees.
Who should skip it
You can't meet World Elite spend requirements, or you want points rather than cash.
Included insurance
Travel medical (10 days) · Rental car coverage · Purchase protection
Source: issuer card page · Last reviewed 2026-07-06. Details change often — confirm current terms with the issuer before applying.