BMO® CashBack World Elite Mastercard®
4.5·Big grocery spenders who want the highest cash back rate
- Annual fee
- $120/yr
- Welcome bonus
- ~$260
- Top reward
- 5% groceries
- Highest headline grocery cash-back rate in Canada
- Strong transit and gas categories
cash backno fee
Rogers® Red Mastercard® review
3.7Rated by the CreditCardGuru Editorial Team
A solid no-fee entry card for the Rogers ecosystem, effectively matching the World Elite's 2% earn for qualifying customers, minus the insurance package.
At a glance
- Annual fee
- No annual fee
- Foreign tx fee
- 2.5%
- Network
- MASTERCARD
- Rewards
- cash back
- Purchase APR
- 20.99%
Rewards & earn rates
| U.S. dollar purchases2.5% foreign transaction fee still applies | 2% |
| Everything else2% with a qualifying Rogers, Fido, Comwave, or Shaw service; 1% otherwise | 2% |
Pros & cons
Pros
- 2% cashback everywhere for Rogers-family customers with no fee
- Useful telecom perks like free roaming days and 0% phone financing
Cons
- Only 1% base rate without a qualifying Rogers service
- No travel insurance
- Cashback redemption requires $10 minimum
Perks & insurance
Key perks
- No annual fee and up to nine free supplementary cards
- 1.5x redemption bonus when cashback is redeemed toward Rogers, Fido, Comwave, or Shaw purchases
- Five free Roam Like Home days each year for Rogers subscribers
- 0% interest Equal Payment Plan device financing at Rogers and Fido stores
- No income requirement
Insurance
- Mastercard Zero Liability
Rates & fees
- Annual fee
- None
- Purchase interest
- 20.99%
- Cash advance
- 22.99%
- Foreign transactions
- 2.5%
Last updated June 7, 2026Reviewed by CreditCardGuru Editorial Team
Similar cards to consider
CIBC® Dividend® Visa® Infinite Card
4.5·Households with heavy grocery and gas spend who want maximum cash back.
- Annual fee
- $120/yr
- Welcome bonus
- ~$350
- Top reward
- 4% groceries
- 4% on gas and groceries is among the highest in Canada
- Strong 2% middle tier covers dining, transit and bills
Disclaimer: This page is for informational purposes only and does not constitute financial, tax or legal advice. Card terms and offers change and may be out of date — always verify with the issuer before applying, and consult a qualified professional before making financial decisions. CreditCardGuru may earn a commission from cards featured on this site; this never influences our editorial ratings. See our advertiser disclosure.
Written by
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CreditCardGuru Editorial Team
Rewards & Cards Research
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Cite this page
“Rogers® Red Mastercard® Review (2026)” — CreditCardGuru, https://creditcardguru.ca/cards/rogers-red-mastercard, updated June 7, 2026.