Best Rogers Bank Credit Cards in Canada for 2022

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by Enoch Omololu, MSc (Econ)

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Advertiser Disclosure

Rogers Bank is part of Rogers Communications, one of Canada’s largest communications and media companies.

Through its financial arm, the company issues several credit cards, and it also has a banking app you can use to manage your accounts while on the go.

Read on to learn about the best Rogers credit cards in Canada.

Rogers Credit Cards

Rogers Bank offers five credit cards:

  • Rogers World Elite Mastercard
  • Rogers Platinum Mastercard
  • Fido Mastercard
  • chatr Secured Mastercard
  • chatr Mastercard

The chatr Secured Master card and chatr Mastercard are not accepting new applications.

Rogers World Elite Mastercard

The Rogers World Elite Mastercard is one of the top no-annual-fee credit cards in Canada.

It is great for earning cash back rewards and getting travel insurance coverage while paying no annual fees.

This card offers 1.5% unlimited cash back rewards on everyday purchases.

When you make purchases in U.S. dollars, the cash back rate increases to 3%. This feature makes the card useful as a no-foreign currency conversion fee card when visiting the United States.

For travel benefits, cardholders get access to over 1,000 airport lounges via Mastercard Airport Experiences, and free Boingo Wi-Fi at more than 1 million hotspots worldwide.

Insurance-wise, this card offers rental car, emergency medical, trip interruption, trip cancellation, extended warranty, and purchase protection insurance coverage.

Downsides and Alternatives

The Rogers World Elite Mastercard requires a minimum $15,000 annual spend to maintain eligibility. Also, to qualify for the card, you will need a personal annual income of $80,000 or $150,000 for household income.

Alternatives to this card include Scotiabank Gold American Express Card and Scotiabank Passport Visa Infinite.

The Scotiabank Gold Amex offers a high cash back rate on groceries, entertainment, gas, and other everyday purchases.

It also includes premium perks, no-FX fees, and comprehensive travel insurance coverage (8 types).

Scotiabank Gold American Express

Rewards: Earn 5x Scene+ points/$1 on grocery, restaurants, food delivery; 3x points/$1 in gas & travel; 1x points/$1 everything else.

Welcome offer: Get up to 40,000 points ($400 value).

Interest rates: 19.99% on purchases; 22.99% on cash advances.

Annual fee: $120

The Scotiabank Passport Visa Infinite card combines a high reward rate with no FX conversion fees, comprehensive travel insurance coverage, and 6 complimentary visits to VIP airport lounges each year.

Rogers Platinum Mastercard

If you do not meet the income requirements of the Rogers World Elite Mastercard, the Rogers Platinum Mastercard is an option to consider.

It offers 1% cash back on regular purchases and 3% cash back when you are paying in U.S dollars.

This card also has no annual fees.

Downsides and Alternatives

The Rogers Platinum card does not come with insurance benefits.

For no-fee cash back credit cards that include basic insurance coverage and high reward earn rates, you could consider the Tangerine Money-Back Credit Card and the SimplyCash Card from American Express.

The Tangerine Money-Back Credit Card pays 2% unlimited cash back on 2-3 purchase categories and 0.50% cash back on everything else. It also includes an extended warranty and purchase protection insurance coverage.

This card only requires an annual income of $12,000 and a credit score above 600.

Tangerine Money-Back Credit Card

Rewards: Earn up to 2% unlimited cash back in up to 3 spending categories and 0.50% on all other purchases.

Welcome offer: Get an extra 15% cash back on up to $1,000 in spending in the first 2 months ($150 value).

Interest rates: 19.95% for purchases, balance transfers, and cash advances.

Annual fee: $0

If you have an annual income of $60,000 or more, you could qualify for the Tangerine World Mastercard which offers similar rewards plus rental car insurance, mobile device insurance, complimentary membership in Mastercard Airport Experiences, and Boingo Wi-Fi.

The SimplyCash Card from Amex pays 1.25% cash back on all purchases. It also offers travel accident insurance up to $100,000.

Fido Mastercard

The Fido Mastercard pays 1% cash back on everyday purchases and 1.5% cash back on recurring payments and subscriptions. This card has no annual fee.

Downsides and Alternatives

The Fido Mastercard does not provide extra cash back for spending U.S. dollars.

Also, it is limited in terms of insurance coverage.

As with the Rogers Platinum Mastercard, some alternatives to the Fido Mastercard are the Tangerine Money-Back Card and SimplyCash from Amex.

Benefits of Rogers Credit Cards

All three Rogers credit cards do not have an annual fee.

They are relatively easy to qualify for and you get $25 in cash back rewards when you make your first purchase within 3 months of getting the card.

You can redeem the cash back you have earned as a statement or apply it directly to your Rogers or Fido bill.

Downsides of Rogers Credit Cards

To qualify for the Rogers World Elite Mastercard, you will need $80,000 in annual personal income.

The Rogers Platinum Mastercard and Fido Mastercard do not offer insurance coverage.

Related:

Best Credit Offers in August 2022

Earn up to 15% cash back for a limited time ($150 bonus)

One of the best no-fee credit cards in Canada.

Get 2% unlimited cash back on up to 3 purchase categories.

Get 0.5% unlimited cash back on all other purchases.

Get 15% bonus cash back in first 2 months ($150 value).

1.95% balance transfer offer for 6 months.

Get up to 5% cashback and grow your savings ($20 bonus)

Free prepaid reloadable Mastercard (use referral code CASHBACK during signup for $20 free).

Free budgeting app with automatic savings features.

Access to a portion of your paycheque 3 days early.

1.20% savings interest on every dollar balance.*

Compare the best personal loan rates in Canada

Get the best rates from multiple lenders.

Borrow up to $50,000 regardless of your credit score.

Pre-approvals are available in as fast as 5 minutes.

Low-interest rates start at 1.99% and terms from 4-60 months.

The NeoCard pays up to 5% cash back at select retailers

Get a $25 bonus when you apply for the Card.

Up to 5% cash back at participating stores.

No annual account fees and 1% minimum cash back guaranteed.

Guaranteed instant approval credit card.

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Author

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Enoch Omololu

Enoch Omololu is a personal finance expert and a veterinarian. He has a master’s degree in Finance and Investment Management from the University of Aberdeen Business School (Scotland) and has completed several courses and certificates in finance, including the Canadian Securities Course. He also has an MSc. in Agricultural Economics from the University of Manitoba and a Doctor of Veterinary Medicine degree from the University of Ibadan. Enoch has a passion for helping others win with their personal finances and has been writing about money matters for over a decade. He has been featured or quoted in The Globe and Mail, Winnipeg Free Press, Wealthsimple, Financial Post, Toronto Star, CTV News, Canadian Securities Exchange, Credit Canada, National Post, CIBC, and many other personal finance publications.

His top investment tools include Wealthsimple and Questrade. He earns cash back on purchases using KOHO, monitors his credit score for free using Borrowell, and earns interest on savings through EQ Bank.

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