Rogers Red Mastercard® review
May 21, 2025
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Overall rating
First year value
$300
Get this card if you:
- are an existing Rogers customer
- want to earn cash back on your purchases
- want exclusive Rogers perks like five free Roam Like Home days every year
Scores by category
No Annual Fee 3.0
Cash Back 2.7
At a glance
The Rogers Red Mastercard® is a no-annual-fee credit card offering cash back on all purchases, with elevated rates for Rogers, Fido, or Shaw customers. Cardholders benefit from a straightforward rewards structure and the convenience of redeeming cash back as a statement credit.
Highlights
$300
First year value
$60 cash back†
Welcome bonus
$0
Annual fee
No Annual Fee
Interest Rates
20.99% - 25.99%
Purchase APR
22.99% - 27.99%
Balance transfer APR
22.99% - 27.99%
Cash advance APR
Eligibility
Good
Recommended credit score
Quick overview
Quick overview of Rogers Red Mastercard®
The Red Mastercard is a no-nonsense cash back credit card from Rogers, one of the newer credit card issuers on the market. Despite that lack of pedigree the Rogers Red Mastercard® is an exciting no annual fee rewards cards that earns unlimited cash back on all purchases, with even more cash back when you have an existing Rogers, Fido or Shaw service.
Who's it for?
Who’s this Rogers credit card for?
With no annual fee and the ability to earn unlimited cash back rewards, this credit card is ideal for Canadians who are already using Rogers's services and want to maximize their spending. It is a smart financial move that puts money back in your pocket with every purchase.
If you are already a Rogers customer, the Rogers Red Mastercard® is the perfect card for you. The perks make it a no-brainer as it is specifically designed for current Rogers, Shaw, or Fido customers.
But the Rogers Red Mastercard is also makes sense for anyone who wants a no-nonsense cash back card and frequently travels to the United States. The card earns 2% unlimited cash back on all eligible purchases made in U.S. dollars, meaning even if you don't have an eligible Rogers service you can still earn big rewards in USD.
Pros and cons
Pros and cons
Pros
- 2% unlimited cash back on all eligible non-U.S. dollar purchases if you have 1 qualifying service with Rogers, Fido or Shaw
- The ability to earn 3% cash back value when you redeem with Rogers
- 5 Roam Like Home days at no cost every year for Rogers mobile plans
- The Rogers Bank app lets you rack your rewards so you know where you stand
Cons
- Best deals are only available to Rogers customers
- No insurance coverage
Welcome bonus
Rogers Red Mastercard® welcome bonus
New Rogers Red Mastercard® cardholders can earn $60 cash back by meeting minimum spending targets:
- Earn Earn $60 cash back when you make a mobile wallet purchase within the first 90 days and 6 automatic payments within the first 8 months.† for your Rogers, Fido or Shaw postpaid service
How to earn rewards
How to earn rewards with this Rogers credit card
The Rogers Red Mastercard® offers the best cash back rewards structure for current customers. Customers of a qualifying Rogers service get 2% unlimited cash back on all eligible non-U.S. dollar purchases if you have 1 qualifying service with Rogers, Fido or Shaw. 1.5x more cash back every time you redeem for Rogers, Fido or Shaw purchases, too, another great feature.
If you’re not a customer of a qualifying Rogers service, you get 2% unlimited cash back on all eligible purchases made in U.S. dollars and 1% unlimited cash back on eligible non-U.S. dollar purchases.
How to redeem
How to redeem rewards with the Rogers Red Mastercard®
Rewards can be redeemed through the Rogers Bank mobile app, where cash back can be redeemed with a minimum of $10, every time. Once you have $10 in rewards accumulated, you can redeem the funds towards any purchase you want.
Key benefits
Rogers Red Mastercard® key benefits
- 2% unlimited cash back on all eligible purchases made in U.S. dollars for all users
-
Rogers customers have 5 Roam Like Home days at no cost every year for Rogers mobile plans (up to $80 value) to use when they travel and enable their data
- Cash back rewards are easy to redeem through the mobile app
Insurance coverage
Rogers Red Mastercard® insurance coverage
The Rogers Red Mastercard® falls short in terms of insurance coverage. This is a significant drawback of the card. While the absence of coverage may not be a major concern for infrequent travelers, it is worth noting that the card also lacks purchase protection and extended warranty protection. Consequently, your purchases may not be as secure as they would be with an alternative card.
Extra benefits
Extra benefits of the Red Mastercard® from Rogers
- Zero liability in the event of unauthorized use.
- No income requirement to qualify.
What people have to say about this Rogers credit card
On Reddit’s Personal Finance Canada subreddit, people are surprised by the high unlimited cash back offer for all purchases, with one person noting that they would downgrade their World Elite Mastercard®. The obvious criticism is that the best offers are only for Rogers customers, making the card less valuable to non-customers.
On RedFlagDeals, many Rogers customers were thrilled with the offer since they could earn cash back on purchases they were already making. On the other hand, those who live in parts of the country without access to Rogers weren’t impressed with the cashback offer. One user even suggested that the perks are being financed through the high prices for cable and internet services, which is another conversation.
Rogers Red Mastercard review from a new cardholder
*Video produced by Martin Dasko on YouTube. See Account Provider's website for complete account details, terms and current offers. Reasonable efforts are made to maintain accuracy of information.
How it compares
How this Rogers credit card compares
Rogers Red Mastercard® vs. Rogers Red World Elite® Mastercard®
$324
First Year Value
$0
Annual Value
Get this card if you...
- want to earn cash back with no annual fee
- are an existing Rogers or Fido customer
- want complimentary lounge access
Annual Fee & Annual Interest Rates
$0
Annual Fee
20.99% - 25.99%
Purchase
22.99% - 27.99%
Cash Advance
22.99% - 27.99%
Balance Transfer
Our Take
The Rogers™ World Elite® Mastercard® is a no-annual-fee credit card offering elevated cash back rates on purchases made in U.S. dollars, with a standard rate on all other eligible purchases. Cardholders benefit from comprehensive insurance coverage, including emergency medical and rental car collision/damage protection, as well as access to over 1,300 airport lounges worldwide through Mastercard Travel Pass provided by DragonPass; however, the card has a high income requirement.
Eligibility
Excellent (740+)
Recommended Credit Score
$80,000
Required Annual Personal Income
$150,000
Required Annual Household Income
Pros
- Lucrative cash back rates on USD and CAD purchases, especially for Rogers, Fido or Shaw customers
- No annual fee with valuable insurance benefits
- Competitive against foreign transaction fee cards
- Convenient cash back redemption options
- Redemption bonus of 1.5x more cash back every time you redeem for Rogers, Fido or Shaw purchases
- Travel insurance perks and airport lounge access
Cons
- High income requirement: $80,000 personal or $150,000 household
- Foreign transaction fee applies
- Limited redemption options for statement credits
Annual Interest Rates
20.99% - 25.99%
Purchase
22.99% - 27.99%
Cash Advance
22.99% - 27.99%
Balance Transfer
Fees
$0
Annual Fee
2.50%
Foreign Transaction
3.00%
Balance Transfer
Rewards cash back
3%
Earn 3% unlimited cash back on all eligible purchases made in U.S. dollars.
2%
Earn 2% unlimited cash back on all eligible non-U.S. dollar purchases if you have 1 qualifying service with Rogers, Fido or Shaw
1.5%
Earn 1.5% unlimited cash back on eligible non-U.S. dollar purchases.
1.5x Cash Back
Get 1.5x more cash back every time you redeem for Rogers, Fido or Shaw purchases.
5
Get 5 Roam Like Home days at no cost every year for Rogers mobile plans (up to $80 value).
Insurance Benefits
$1,000,000
Emergency medical insurance amount
3
Emergency medical insurance over 65 days
$65,000
Rental car insurance amount
Our Take
The Rogers™ World Elite® Mastercard® is a no-annual-fee credit card offering elevated cash back rates on purchases made in U.S. dollars, with a standard rate on all other eligible purchases. Cardholders benefit from comprehensive insurance coverage, including emergency medical and rental car collision/damage protection, as well as access to over 1,300 airport lounges worldwide through Mastercard Travel Pass provided by DragonPass; however, the card has a high income requirement.
Eligibility
Excellent (740+)
Recommended Credit Score
$80,000
Required Annual Personal Income
$150,000
Required Annual Household Income
Pros
- Lucrative cash back rates on USD and CAD purchases, especially for Rogers, Fido or Shaw customers
- No annual fee with valuable insurance benefits
- Competitive against foreign transaction fee cards
- Convenient cash back redemption options
- Redemption bonus of 1.5x more cash back every time you redeem for Rogers, Fido or Shaw purchases
- Travel insurance perks and airport lounge access
Cons
- High income requirement: $80,000 personal or $150,000 household
- Foreign transaction fee applies
- Limited redemption options for statement credits
Annual Interest Rates
20.99% - 25.99%
Purchase
22.99% - 27.99%
Cash Advance
22.99% - 27.99%
Balance Transfer
Fees
$0
Annual Fee
2.50%
Foreign Transaction
3.00%
Balance Transfer
Rewards cash back
3%
Earn 3% unlimited cash back on all eligible purchases made in U.S. dollars.
2%
Earn 2% unlimited cash back on all eligible non-U.S. dollar purchases if you have 1 qualifying service with Rogers, Fido or Shaw
1.5%
Earn 1.5% unlimited cash back on eligible non-U.S. dollar purchases.
1.5x Cash Back
Get 1.5x more cash back every time you redeem for Rogers, Fido or Shaw purchases.
5
Get 5 Roam Like Home days at no cost every year for Rogers mobile plans (up to $80 value).
Insurance Benefits
$1,000,000
Emergency medical insurance amount
3
Emergency medical insurance over 65 days
$65,000
Rental car insurance amount
The Rogers Red World Elite® Mastercard® is ideal for those who travel often, as it offers extended insurance and protection. Rogers customers can earn up to 3% cashback on all purchases with both cards, but not everyone will meet the minimum income of $80,000 to qualify for the Rogers Red World Elite Mastercard®.
When it comes to finding a cash back credit card with no annual fee, the Rogers Red Mastercard® is the better option.
Rogers Red Mastercard® vs. CIBC Dividend® Visa* Card
up to 10¢ off/Litre
Welcome Bonus
$249
First Year Value
$0
Annual Value
Welcome Bonus: Get up to 10 cents off per litre at participating gas stations with Journie Rewards.
Get this card if you...
- want to earn cash back with no annual fee
- want flexibility in redeeming cash back
- want purchase protection and extended warranty coverage
Annual Fee & Annual Interest Rates
$0
Annual Fee
20.99%†
Purchase
22.99%†
Cash Advance
22.99%†
Balance Transfer
Our Take
The CIBC Dividend® Visa* Card is a no-annual-fee cash back credit card offering elevated earn rates on eligible grocery purchases, with additional cash back on categories such as gas, electric vehicle charging, transportation, dining, and recurring payments. Cardholders benefit from features like purchase security, extended protection insurance, and the ability to redeem cash back at any time through CIBC Online and Mobile Banking.
Eligibility
Good (620 - 670)
Recommended Credit Score
$15,000
Required Annual Household Income
Pros
- No annual fee
- High earn rates on popular spending categories
- Up to three additional cards at no extra cost
- Low required household annual income of $15,000†
- No limit on the cash back you can earn†
Cons
- Low earn rates on everyday spending
- Only option to redeem cash back rewards is statement credit
Annual Interest Rates
20.99%†
Purchase
22.99%†
Cash Advance
22.99%†
Balance Transfer
Fees
$0
Annual Fee
2.50%†
Foreign Transaction
$5
Cash Advance
$29
Over The Limit Penalty
$42.5
Return Penalty
Rewards cash back
2%
Get 2% cash back on eligible grocery purchases†
1%
cash back on eligible gas, EV charging, transportation, dining purchases and recurring payments†
0.5%
0.5% cash back on all other purchases†
$0.10
Save up to 10 cents off per litre on gas with CIBC and Journie Rewards at participating Pioneer, Fas Gas, Ultramar and Chevron gas stations.†
Insurance Benefits
$100,000
Travel accident insurance amount
Get up to 10 cents off per litre at participating gas stations with Journie Rewards.
Our Take
The CIBC Dividend® Visa* Card is a no-annual-fee cash back credit card offering elevated earn rates on eligible grocery purchases, with additional cash back on categories such as gas, electric vehicle charging, transportation, dining, and recurring payments. Cardholders benefit from features like purchase security, extended protection insurance, and the ability to redeem cash back at any time through CIBC Online and Mobile Banking.
Eligibility
Good (620 - 670)
Recommended Credit Score
$15,000
Required Annual Household Income
Pros
- No annual fee
- High earn rates on popular spending categories
- Up to three additional cards at no extra cost
- Low required household annual income of $15,000†
- No limit on the cash back you can earn†
Cons
- Low earn rates on everyday spending
- Only option to redeem cash back rewards is statement credit
Annual Interest Rates
20.99%†
Purchase
22.99%†
Cash Advance
22.99%†
Balance Transfer
Fees
$0
Annual Fee
2.50%†
Foreign Transaction
$5
Cash Advance
$29
Over The Limit Penalty
$42.5
Return Penalty
Rewards cash back
2%
Get 2% cash back on eligible grocery purchases†
1%
cash back on eligible gas, EV charging, transportation, dining purchases and recurring payments†
0.5%
0.5% cash back on all other purchases†
$0.10
Save up to 10 cents off per litre on gas with CIBC and Journie Rewards at participating Pioneer, Fas Gas, Ultramar and Chevron gas stations.†
Insurance Benefits
$100,000
Travel accident insurance amount
Get up to 10 cents off per litre at participating gas stations with Journie Rewards.
The CIBC Dividend® Visa* Card offers 2% cash back on eligible grocery purchases and up to 1% cash on eligible gas, EV charging, transportation, dining purchases and recurring payments when the welcome offer ends†.
On the other hand, Rogers Red Mastercard® lets you earn 2% in unlimited cashback for all purchases as a Rogers customer.
†Terms and Conditions Apply. This offer is not available for residents of Quebec.
The information for the CIBC Dividend® Visa* Card has been collected independently by Money.ca. The card details on this page have not been reviewed or provided by the card issuer.
Rogers Red Mastercard® vs. Tangerine Money-Back Visa
10% cash back
Welcome Bonus
$484
First Year Value
$384
Annual Value
Welcome Bonus: Earn 10% cash back for 2 months† (up to $100). Expires Jan 30, 2026
Get this card if you...
- want flexible cash back categories
- want unlimited cash back
- want to avoid paying an annual fee
Annual Fee & Annual Interest Rates
$0
Annual Fee
19.95% - 24.95%
Purchase
19.95%
Cash Advance
1.95% - 19.95%
Balance Transfer
Our Take
The Tangerine Money-Back Credit Card is a no-annual-fee cash back card that allows cardholders to earn a higher cash back rate in two spending categories of their choice, such as groceries, gas, or restaurants, and a lower rate on all other purchases. By opening a Tangerine Savings Account and directing cash back earnings there, a third higher rate cash back category can be added. Additional benefits include purchase assurance and extended warranty protection, with cash back rewards automatically applied monthly.
Eligibility
Good (620 - 670)
Recommended Credit Score
$12,000
Required Annual Personal Income
Pros
- No annual fee
- Choose the spending categories where you want to earn the most cash back
- Unlimited cash back—no maximum spending limit for any purchase category
- Cash back is paid out monthly rather than annually
- Periodically includes a special welcome offer where you can get extra cash back
- 1.95% interest on balance transfers for the first 6 months (1% transfer fee applies)*
Cons
- Regular cash back rates are still lower than what you can get from a card with an annual fee
- Limited extra perks or benefits beyond the cash back and balance transfer promotion
- Generally not a good fit for shopping at warehouse clubs or wholesale grocers like Costco or Walmart
- Tangerine does not have any physical bank branches
Annual Interest Rates
19.95% - 24.95%
Purchase
19.95%
Cash Advance
1.95% - 19.95%
Balance Transfer
1.95%
Balance Transfer (Introductory)
24.95%
Penalty
Fees
$0
Annual Fee
2.50%
Foreign Transaction
3.00%
Balance Transfer
$3.5
Cash Advance
$25
Over The Limit Penalty
$25
Return Penalty
Rewards cash back
2%
Earn 2% cash back on 2 categories of your choice (e.g. groceries, recurring bills, gas, drug stores, etc.)
3
Get a Tangerine Savings account and add a 3rd 2% cash back category.
0.5%
Earn 0.50% on all your other everyday purchases.
Earn 10% cash back for 2 months† (up to $100).
Our Take
The Tangerine Money-Back Credit Card is a no-annual-fee cash back card that allows cardholders to earn a higher cash back rate in two spending categories of their choice, such as groceries, gas, or restaurants, and a lower rate on all other purchases. By opening a Tangerine Savings Account and directing cash back earnings there, a third higher rate cash back category can be added. Additional benefits include purchase assurance and extended warranty protection, with cash back rewards automatically applied monthly.
Eligibility
Good (620 - 670)
Recommended Credit Score
$12,000
Required Annual Personal Income
Pros
- No annual fee
- Choose the spending categories where you want to earn the most cash back
- Unlimited cash back—no maximum spending limit for any purchase category
- Cash back is paid out monthly rather than annually
- Periodically includes a special welcome offer where you can get extra cash back
- 1.95% interest on balance transfers for the first 6 months (1% transfer fee applies)*
Cons
- Regular cash back rates are still lower than what you can get from a card with an annual fee
- Limited extra perks or benefits beyond the cash back and balance transfer promotion
- Generally not a good fit for shopping at warehouse clubs or wholesale grocers like Costco or Walmart
- Tangerine does not have any physical bank branches
Annual Interest Rates
19.95% - 24.95%
Purchase
19.95%
Cash Advance
1.95% - 19.95%
Balance Transfer
1.95%
Balance Transfer (Introductory)
24.95%
Penalty
Fees
$0
Annual Fee
2.50%
Foreign Transaction
3.00%
Balance Transfer
$3.5
Cash Advance
$25
Over The Limit Penalty
$25
Return Penalty
Rewards cash back
2%
Earn 2% cash back on 2 categories of your choice (e.g. groceries, recurring bills, gas, drug stores, etc.)
3
Get a Tangerine Savings account and add a 3rd 2% cash back category.
0.5%
Earn 0.50% on all your other everyday purchases.
Earn 10% cash back for 2 months† (up to $100).
The Tangerine Money-Back Credit Card offers 2% unlimited cashback on all purchases for up to three different categories, with other transactions earning you a 0.5% cashback rate. On the flip side, Rogers customers are able to earn 2% unlimited cash back on all purchases, regardless of the category.
One of the main criticisms of the Tangerine card is that Costco purchases don’t fall under the grocery category. If you’re a Rogers customer looking to earn the most cashback rewards, you’ll want to go with the Rogers Red Mastercard®.
| Features |
Rogers Red Mastercard®
|
Tangerine Money-Back Visa Card |
|---|---|---|
| Annual fee | None | None |
| Welcome offer | Earn $60 cash back when you make a mobile wallet purchase within the first 90 days and 6 automatic payments within the first 8 months.† | See Tangerine site |
| Insurance | None | Purchase assurance and extended warranty |
| Benefits | 2% unlimited cash back on all eligible non-U.S. dollar purchases if you have 1 qualifying service with Rogers, Fido or Shaw | You can earn 2% in unlimited cash back for purchases in up to 3 categories |
| Review | You’re reading it | Tangerine Money-Back Visa card review |
| Apply Today |
Is it worth it?
Is the Rogers Red Mastercard® worth it?
If you’re already a Rogers customer or have been thinking of switching over, this credit card is perfect because you don’t have to pay an annual fee, and you can earn lucrative cash back on your purchase. If you’re not a Rogers customer, you’ll earn 1% unlimited cash back on eligible non-U.S. dollar purchases, which isn't the best offer on the market.
Eligibility
Rogers Red Mastercard® eligibility criteria
Here are the eligibility requirements for the Rogers Mastercard:
- Minimum income: Any
- Recommended credit score: Good credit score (660 to 724)
- Must be a permanent Canadian resident and the age of majority in the province in which you reside.
†Terms and Conditions apply
Legal
Standard rate on Purchases and Fees: 20.99%
Standard rate on Cash Advances, Cash-like Transactions and Balance Transfers: 22.99%
If you are not approved for an Account at the above rates and you reside outside Quebec, we may still issue you an Account at our alternate interest rates, as follows: Rate for Purchases and Fees: 25.99% Rate for Cash Advances, Cash like Transactions and Balance Transfers: 27.99%
Terms and conditions apply. For full and up-to-date product information and applicable terms and conditions, visit Rogersbank.com. Rogers Bank is not responsible for maintaining or controlling the accuracy of the information published on this website.
®/TM Mastercard and World Elite are registered trademarks and the circles design is a trademark of Mastercard International Incorporated. Used under license.
TM Rogers and Mobius Design, Rogers Bank and related marks, logos and brand names are trademarks of Rogers Communications Inc., or an affiliate, used under license. © 2025 Rogers Bank.
Rogers Bank is the issuer of this credit card.
FAQs
FAQs
Martin Dasko
Author
Martin Dasko has been helping millennials make sense of their finances without missing out on life since 2008. Martin started his financial writing career as a business major in Ryerson when he realized that there was so much school didn't teach us about managing money. Martin covers topics ranging from investing in real estate to trying to build your credit score without letting life pass you by.
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