The Rogers Mastercard is one of Canada’s top no-annual-fee credit cards, particularly catering to Rogers, Fido, or Shaw customers. This cashback card offers a fantastic welcome bonus, competitive daily cashback rates, and a range of benefits tailored to Rogers customers, helping them save extra money.
If you’re a frequent user of Rogers Communications and want to bolster your cashback earnings, the Rogers Mastercard is a compelling option worth exploring.
Our comprehensive Rogers Mastercard review delves into the card’s essential features, its pros and cons, the application process, and how to maximize your cashback rewards. By the end, you’ll be equipped to determine whether the Rogers Mastercard aligns with your financial needs and goals.
Rogers Mastercard – A Quick Glance
An Overview of the Rogers Mastercard
The Rogers Mastercard®, a recent addition to Canada’s array of reward cards, was released in late 2022. Despite its brief existence, the card has already seen several transformative updates.
Designed exclusively for customers of Rogers Communications, a prominent Canadian telecommunications and media company, the Rogers Mastercard is one of Canada’s top credit cards. While Rogers is well-known for its telecommunications services, some may be surprised to learn that they also offer credit cards. The idea of obtaining a credit card from your internet provider may raise some eyebrows, but in reality, it’s similar to getting a store credit card.
Rogers offers a diverse lineup of credit cards, and among them is the no-annual-fee Rogers Mastercard, which provides competitive cash-back rates. Eligible Rogers, Fido, or Shaw subscribers can enjoy an enticing benefit, earning an unlimited 2% cash back on their eligible expenses.
Key Features of the Rogers Mastercard
Being a Rogers customer has never been more rewarding. There are many amazing features that make the Rogers Bank Mastercard stand out from other credit cards in Canada. Here are some of the features of Rogers Mastercard:
1. Zero Annual Fee
This cashback credit card has a delightful perk – it won’t cost you a dime to own. You can start maximizing your earnings without any upfront investment.
2. Welcome Bonus
With the Rogers Connections Mastercard, you can kick off your card journey with a generous welcome bonus. Enjoy 10% cash back for the first three months, capped at $100. In practical terms, you’ll reach the maximum bonus when your card spending hits $1,000.
3. Unlimited 2% Cash Back
Eligible customers of Rogers, Fido, or Shaw can revel in a remarkable 2% cash back on all qualifying purchases without any restrictions or category limitations.
For those without a qualifying Rogers, Fido, or Shaw service, unlimited 2% cash back applies exclusively to U.S. dollar purchases, while other eligible purchases earn a still impressive 1% cash back.
4. 5 Free Roam Like Home Days Annually
For those with an eligible Rogers mobile plan, you get the added benefit of 5 free Roam Like Home days each year, which carries a value of up to $75.
In case you’re not familiar with Roam Like Home, it allows you to use your mobile device abroad without the need to purchase a local data or talk plan.
The Roam Like Home service provides access to your Rogers mobile plan’s data, texting, and calling features across these 185 international destinations. It would typically cost up to $15 per day, but with Rogers Mastercard, you get an annual benefit of up to $75.
5. 30% Redemption Bonus at Roger
Redeeming your cashback rewards for Rogers, Fido, or Shaw purchases is a smart choice. It entitles you to a 30% bonus, boosting your redemption value to 130%.
To make the most of this feature, be sure to use the Rogers Bank app to redeem your rewards, and remember that the redemption amount should be at least $10 CAD.
Benefits and Downsides of the Rogers Mastercard
Rogers Mastercard offers amazing benefits that distinguish it from other credit cards in Canada. However, there are some disadvantages that your should consider carefully before applying for Rogers Mastercard.
- No annual fee
- 10% Cashback for 3 months (up to $100)
- 2% Cashback on all purchases if you have 2 qualifying Rogers services
- 2% Cashback on U.S. dollar purchases
- 1% Cashback on all other purchases
- 30% Bonus cash back when redeemed for Rogers purchases
- 5 Free Rome Like Home days
- No insurance coverage policies
- Your unused Roam Like Home days do not carry over to the next year and reset annually.
How to Apply For Rogers Mastercard
To apply for the ROgers Mastercard, you must meet the following eligibility criteria:
- You must not have any existing Mastercard from Rogers Bank, such as a Rogers World Elite Mastercard.
- You must be a Canadian resident.
- You must be of the age of majority in your province/territory of residence.
- You must have proof of income.
- You must not have declared bankruptcy within the last seven years and have not worked with a trustee under a previous Consumer Proposal.
The Rogers Mastercard application process is easy and straightforward. Simply visit the Rogers Mastercard application page and follow the on-screen prompts.
You will be required to answer a three-question assessment to determine your eligibility. The questions will be about yourself, your employment and your financial information.
Once done with providing and submitting all the necessary requirements, your Rogers Mastercard will be delivered quickly.
How To Earn and Redeem Rogers Cashback
To access the generous 2% unlimited cash back offered by the Rogers Mastercard, it’s essential to link your credit card with your Rogers account. Once this connection is established, you’ll start earning cashback rewards automatically as you make eligible purchases.
In most cases, eligible cardholders will find their credit cards automatically linked to their Rogers accounts upon approval. However, there may be occasional slight delays in this process.
Once you’ve accumulated a minimum of $10 in cashback rewards, you can promptly redeem them for purchases within the last 90 days, provided they exceed $10 in value.
You have two convenient options for cashback redemption:
Option 1: Using the Rogers Bank App
- Begin by installing the Rogers Bank app on your mobile device.
- Sign in with your Rogers banking credentials or register your Rogers Mastercard.
- Once logged in, navigate to the “Rewards” section in the app’s menu.
- Choose the specific completed purchase you wish to apply your cashback rewards to.
- Confirm the redemption process by tapping “Redeem.”
Option 2: Through the Rogers Bank Website
- Sign in or register for a Rogers Bank online login via the official Rogers Bank webpage.
- Visit the “My Account” section on the website.
- Locate and click on the “Cash Back Rewards” option.
- Select “Redeem Rewards.”
- You can fill in the “Purchase Minimum” field (optional).
- Click “Next Only” to automatically redeem your transactions.
- Complete the process by tapping “Apply.”
Rogers Mastercard Fees
While the Roger Mastercard does not charge any annual fee, there are some fees you will encounter during transactions:
- Foreign transaction fee: 2.5%
- Standard Rate on Purchases and Fees: 19.99%
- Standard Rate on Cash Advances, Cash-Like Transactions and Balance Transfers: 22.99%
Is Rogers Mastercard Right For You?
The Rogers Mastercard is a credit card that may pique your interest if you’re searching for a rewards card that caters to Rogers, Fido, or Shaw customers. But is it the right fit for you?
If you’re a regular customer of Rogers Communications and want to take advantage of the tailored benefits, the Rogers Mastercard can be a lucrative option. It’s particularly beneficial if you’re looking for a no-annual-fee card with strong cashback rewards. However, remember that your experience may vary based on your spending habits and preferences.
Before applying, consider your financial goals and whether the Rogers Mastercard aligns with them. Additionally, be sure to read the fine print, including the terms and conditions, to ensure you’re aware of all card features and potential fees.
Ultimately, whether the Rogers Mastercard is right for you depends on your individual needs and usage patterns. Weigh the benefits against your personal financial situation to determine if this credit card is a good fit for your wallet.
Rogers Mastercard Vs Rogers World Elite Mastercard
Like Rogers Mastercard, Rogers World Elite Mastercard is a no-annual-fee credit card with an amazing cashback rate.
The Rogers World Elite Mastercard offers 3% cashback on U.S. dollar purchases and an airport lounge access for $32 USD per person per visit. The credit card also offers travel insurance.
However, it has a minimum income requirement of $80,000 annual personal income or $150,000 annual household income, and you must have an annual spend of $15,000 each year to maintain eligibility.
As added perks, the Rogers World Elite Mastercard offer additional insurance coverages such as:
- Purchase Protection and Extended Warranty
- Out-of-Province/Out-of-Country Emergency Medical
- Rental Car Collision/Damage
- Trip Cancellation
- Trip Interruption
Alternatives to Rogers Mastercard
There are other credit cards that offer similar features and benefits as Rogers Mastercard. Here are a few of Rogers Mastercard alternatives in Canada:
Tangerine Money-Back Credit Card
Like the Rogers Mastercard, the Tangerine Money-Back Card offers an attractive deal: 2% cash back with no annual fees.
With the Tangerine card, you get to select 2-3 spending categories where you’ll earn the full 2% cash back on your purchases. And for everything else you buy that qualifies, you’ll still get a handy 0.50% cash back. It’s a straightforward way to put some extra money back in your pocket.
KOHO Prepaid Mastercard
The KOHO Prepaid Mastercard is renowned as Canada’s top rewards prepaid card. It serves as an excellent choice not only for those seeking cashback benefits but also for individuals with less-than-perfect credit or no credit history.
While it’s not a traditional credit card, this prepaid Mastercard still allows you to earn up to 6% cash back with no annual fees and can aid in building your credit score, making it a compelling alternative to the Rogers Mastercard.
American Express SimplyCash Preferred Card
With a competitive cashback rate on all purchases and a comprehensive list of insurance coverages, this card proves that you don’t need a hefty annual fee to enjoy solid benefits.
For just $119.88 annually, the SimplyCash Preferred Card from American Express is your ticket to cashback rewards. You can earn up to 4% cash back on gas and groceries and a generous 2% cash back on other eligible purchases.
But that’s not all – this card offers more than just cashback rewards. You’ll also enjoy extensive travel-related insurance coverage and gain access to exclusive offers through American Express Experiences.
Final Thoughts on Rogers Mastercard Review
Exploring the Rogers Mastercard has revealed many benefits for those seeking cashback rewards and exclusive perks, especially if you’re a customer of Rogers, Fido, or Shaw. The card’s impressive 2% unlimited cashback, no annual fee, and access to tailored offers make it a valuable choice.
So, if you’re ready to supercharge your spending and enjoy the convenience of the Rogers Mastercard, don’t hesitate to take the next step. Apply for your own Rogers Mastercard and start maximizing your savings today! Your financial future will thank you.