Upcoming Changes to the Rogers World Elite Mastercard

Rogers Bank has just announced some upcoming changes to the Rogers^® World Elite^® Mastercard, which come into effect as of April 9, 2024.

In addition to getting a new name, the card’s baseline earning rate will increase and there will be a new cash back redemption bonus; however, these only apply if you’re an eligible Fido, Rogers, or Shaw customer.

The Revamped Rogers Red World Elite Mastercard

As of April 9, 2024, the Rogers^® World Elite^® Mastercard will be known as the Rogers Red World Elite Mastercard. 

The card will also see an increase to its baseline earning rate for eligible cardholders, and other enhancements being introduced.

Currently, the Rogers World Elite Mastercard has the following earning rates for eligible purchases:

• 1.5% cash back on all eligible Canadian-dollar purchases†
• 3% cash back on all eligible US-dollar purchases†

As of April 9, 2024, the Rogers Red World Elite Mastercard will feature the following earning rates:

• 1.5% cash back on all eligible Canadian-dollar purchases for non-Rogers, Fido, and Shaw customers†
• 2% cash back on all eligible Canadian-dollar purchases for Rogers, Fido, and Shaw customers†
• 3% cash back on all eligible US-dollar purchases†

In other words, if you’re an eligible Rogers, Fido, or Shaw customer, you’re getting a bump of 0.5% cash back on all Canadian-dollar purchases, for a baseline earning rate of 2% cash back on all Canadian-dollar purchases.

However, if you redeem your cash back for a Rogers, Fido, or Shaw purchase, you’ll get a 1.5x redemption boost as of April 9, 2024. This results in an effective cash back value of 3%.

For example, if you spend $1,000 on your Rogers Red World Elite Mastercard, you’ll earn $20 cash back as an eligible Rogers, Fido, or Shaw customer with the new baseline 2% cash back earning rate.

Then, if you redeem that cash back for an eligible Rogers, Fido, or Shaw purchase, you’ll get a total of $30 with the 1.5x boost.

In addition to the revamped earning rates and 1.5x redemption bonus, eligible cardholders of the Rogers Red World Elite Mastercard will enjoy five complimentary Roam Like Home days each year with an eligible Rogers mobile plan.†

This benefit will allow you to use your mobile phone outside of Canada without any additional fees.

Roam Like Home days usually cost $12 (CAD) per day in the United States, or $15 (CAD) for all other eligible international…