Rogers Platinum Mastercard Review

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If you’re considering a Rogers Mastercard, you need to know that there are two cards available: The Rogers Platinum Mastercard and the Rogers World Elite Mastercard. The Rogers World Elite Mastercard has slightly higher earn rate and some included travel insurance, but there’s a minimum personal income of $80,000 or $150K household income to qualify for the card.

Both cards have no annual fee, so when you apply, Rogers will simply just give you the card which you qualify for. The question is, if you’re only approved for the lower tier card, is it still worth it? Read my Rogers Platinum Mastercard review now to find out all the details of the card and if it’s worthy to be in your wallet.

rogers platinum mastercard review

Rogers Platinum Mastercard benefits

  • No annual fee
  • $25 cash back welcome bonus
  • Earn 3% cash back on purchases made in U.S dollars
  • Earn 1.25% cash back on all other purchases

Assuming that you don’t qualify for the elite card, the Rogers Platinum Mastercard is still one of the best no fee cash-back credit cards when you look at it strictly from a rewards perspective. Your earn rate is 1.25% on all purchases but you get 3% back on purchases made in U.S. dollars.

Since you’re still charged the 2.5% foreign currency fee, you come out ahead by 0.5% on U.S. dollar purchases. Of course, if you’re using the card for any purchases besides Canadian dollars, you‘ll still pat that fee.

This card is still on the list of the best credit cards without foreign transaction fees, but since you only get the increased earn rate on U.S. dollar purchases, it’s not nearly as good as other cards on the list.

I know that so far in this Rogers Platinum Mastercard review that things sound pretty negative, but this card still has a decent earn rate at 1.25% and has no annual fee.

The nice thing about the Rogers World Elite Mastercard is that you can use your cash back earned on any purchase. To make a redemption you need to go into your Mastercard Pay with Rewards app and select ‘redeem’. As long as you have a minimum of $20 in cash back, you can use it on all or some of your purchases. You can even set the app to automatically redeem your cash back earned. Alternatively, you redeem your cash back for an annual statement credit by calling 1-855-775-2265.

How the Rogers Platinum Mastercard compares to other cards

Based on the features of the Rogers Platinum Mastercard, I think the most comparable credit card is the Home Trust Preferred Visa.

The Home Trust Card has no foreign transaction fees on all currencies but only offers 1% cash back on all purchases (which excludes foreign transactions). If you do a lot of purchases in U.S. Dollars, the Rogers Platinum might be the better choice.

Some people might argue that the Tangerine Money-Back credit card is better than the Rogers Mastercard since you get 2% cash back in up to three categories and .5% back on all purchases, but it really depends on what you’re looking for in your credit card.

If you’re looking to maximize your rewards, then you’ll likely want to apply for both cards. If you couldn’t be bothered with carrying multiple cards just to get the highest potential return possible. You’d have to look at what categories you spend your money on the most before deciding.

Keep in mind that the best travel credit cards in Canada come with huge signup bonuses which are easily worth $200+ so check out my list now.

Final thoughts

My Rogers Platinum Mastercard review is neutral. I don’t love the earn rate, but for a no fee card, it’s not bad. The cash back is easy to redeem, but you really need to look at other cash back credit cards out there to see what’s the best fit for you.

Rogers Platinum Mastercard Review

About Barry Choi

Barry Choi is a Toronto-based personal finance and travel expert who frequently makes media appearances. His blog Money We Have is one of Canada’s most trusted sources when it comes to money and travel. You can find him on Twitter:@barrychoi


  1. liz on June 1, 2018 at 1:50 PM

    Rogers Bank Credit Card seems to have pretty good benefit at a glance but there’s a lot of hidden issues if you use it everywhere. You gain small cash back benefits by using it, but the troubles it causes later is not worth it.

    The truth is that Rogers Bank is not a real bank and they don’t have the leverage other real banks have. For example, it’s almost impossible for them to reverse the charges immediately after you complaint about fraudulent charges on your credit card. You will have to go through a lengthy process of dispute(up to 90 days for a result) and even then you might not get the money back. I would definitely not recommend to use this credit card overseas or use it for any recurring billings.

    I also wouldn’t recommend to have other authorized credit cards under your account with Rogers Bank credit card. It turns out that when they said the authorized credit card is cancelled, it’s not really cancelled. When they send you a new card for upgrade, the old authorized credit cards become active again and all the old recurring charges which you were not able to disable for various reasons will come through again, even though they said that old authorized credit card was cancelled, and the new credit cards have completely different credit card numbers, the charges still will come through.

    Their customer service and dispute department representatives don’t seem very knowledgable about the services neither. They were not really able to explain to me why the problem is happening, nor are they able to connect me with anyone who can help me resolve my issues with their service.

    You should take a look at all these review before you consider getting this card:

  2. […] The Rogers Platinum Mastercard (referral link) has fewer perks compared to the Rogers World Elite Mastercard, but it has a lower income requirement which will make it easier for many people to qualify. Some people will quickly notice that the Rogers Platinum Mastercard was recently devalued in favour of the World Elite card, but since this change has already taken place, there’s no point in complaining. Now you get 3% cash back on all purchases made in a foreign currency, 2% unlimited cash back rewards on Rogers products and services, 1.25% unlimited cash back rewards on all other eligible purchases which isn’t bad at all. You can read my full review of the Rogers Platinum Mastercard here. […]

  3. Kcclly on February 8, 2019 at 5:09 PM

    Rogers bank card and services is really bad which make me feel disappointed. As long as you disclose your info to them. Digital calls keep calling afterwards.

  4. Mc on February 15, 2019 at 12:33 AM

    Use this card at your own risk and always have a back-up- after a single use my card was blocked due to a “security review”- I had to call to find out why the card wouldn’t work and it has been 6 days with no customer representative able to say when the matter will be resolved- nor what the cause of the review was in the first place! Utterly terrible card and customer service

  5. Susan Stamatyades on March 23, 2019 at 10:06 PM

    I am a flight attendant, and love this card! No annual fee and I get the .5% cashback (after 2.5% foreign service charge) on all my purchases outside of Canada. Since I work exclusively outside of Canada this works for me. I use Rogers services so I just transfer my cash back amounts to my Rogers bill. The cash back amount really adds up for me.

  6. Joyce on October 9, 2019 at 2:44 PM

    Hi there, would you say this card wouldn’t be worth it if you are not a Rogers customer? I could only redeem cashback on the annual statement? Thanks!

    • Barry Choi on October 9, 2019 at 2:55 PM


      Rogers changed the way you can redeem your cash back earlier this year. As long as you’ve earned at least $20 in cash back, you can basically apply it to any purchase made with your Rogers World Elite Mastercard. Even if you’re not Rogers customer, I think it’s still worth having this card since you get a pretty high rate of return for a card with no annual fee.

      • Mark on April 6, 2021 at 5:28 AM

        I have this card and I am thinking of cancelling it since by have a minimum spend of 15,000 i have other card there no way I can high that limit, also there customer service is very bad these days.

        • Barry Choi on April 6, 2021 at 8:25 AM

          Not a bad idea. One thing to note is that all World Elite cards will likely be introducing the $15,000 minimum yearly spend.

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