If you’re considering a Rogers Mastercard, understand that they currently have two available: The Rogers Platinum Mastercard and the Rogers World Elite Mastercard. The  Rogers World Elite Mastercard has slightly higher multipliers 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
  • Earn 2% cash back on Rogers products and services
  • Earn 1.25% cash back on all other purchases made in Canadian dollars
  • Earn 3% cash back on purchases made in foreign currencies

Many people will likely complain about the fact that this Rogers credit card has recently been devalued. Although that’s true, the Rogers World Elite Mastercard essentially has the same benefits as the old Rogers Mastercard, but now has that added annual income requirement which I mentioned.

Assuming that you don’t qualify for the elite card, the Rogers Platinum Mastercard (affiliate link) 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 2% on Rogers products and services, and 1.25% on all other purchases made in Canadian dollars.

More importantly, this Rogers Mastercard instantly becomes the best credit card on the market with no annual fee and no foreign transaction fees. Okay, technically speaking you’re still paying the foreign transaction fee of 2.5%, but since you earn 3% cash back on purchases made in foreign currencies, you actually come ahead by .5%.

Redemptions can be redeemed starting at $20 by going through www.rogersbank.com or the mobile app. I should note that your cash back can only be used on Rogers related products or services. Alternatively, if you request an annual statement credit by December 1st each year, you’ll see it applied to your account by the end of January of the following year which is a nice option for those who don’t use Rogers products. 

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. Both cards now offer no annual fees and no foreign transaction fees, but the 1.25% cash back offered by the Rogers credit card is obviously higher than the 1% offered by Home Trust.

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, then the Rogers Platinum Mastercard will suit your needs just fine.

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 word

Despite the fact that the card was devalued, my Rogers Platinum Mastercard review is positive. I can only base my review on the current features of the credit card and I admit that it offers decent benefits for a no fee card. Please use my affiliate link now if you plan on applying for the card.

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