BMO
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
Top pickCIBC
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