There's mixed and confusing advice. One of the popular "jabs" to Rogers is to overpay your Rogers services account eg. Mobile, TV, Internet by a few thousand dollars. Then go to your Rogers Mastercard account and redeem the rewards for that overpayment now for 3% toward Rogers services.

Another brief discussion centres around FX fees and how Rogers Red remains the best for no fee FX cards even when the change takes place. I don't understand personally. Rogers charges a 2.5% FX currency fee so when "doomsday" arrives, you will pay 0.5% for the FX currency fee charge. There are other options like PC Financial Mastercard debit or EQ Debit Mastercard with no FX fee. Of course, there's Home Trust Visa too.

I was approved for the Tangerine CC a month ago but have yet to receive my sign up bonus. Is longer than 4 weeks typical? Thanks!

Previously:
* Rogers customers earned 2% back and got an extra 1.5x when redeeming against Rogers purchases, so that's 3% back against Rogers purchases and 2% back on everything else
* Non-Rogers customers got a flat 1.5% back on the World Elite card; 1.0% back on the Red card

If you were a Rogers customer with a $40 monthly bill and spent $1333.33 you would get $40 back if you redeemed against the Rogers charge ($1333.33 * .02 * 1.5)

Now:
* Rogers customers earn 5% back on Rogers purchases and 2% on everything else. No more multiplier when redeeming against Rogers purchases.
* Non-Rogers customers get a flat 1.5% back on the World Elite card; 1.0% back on the Red card

If you are a Rogers customer with a $40 monthly bill and spend $1333.33 (technically $1293.33 on non-Rogers purchases) you would get $27.87 no matter what you redeem it against ($40 * .05 + $1293.33 * .02)

Edit: Thank you Peter. My error on above as I didn't scroll down far enough for World Elite card and being a Rogers customer.

It will be 5% on my two Rogers/Shall bills and 2% on the remaining (unlikely to ever break the $61k annual spend cap on our joint card). The new arrangement will still be less than current arrangement.

smayer97 said
According to this user, it seems things are a-changin', again... loss of the 1.5X redemption (which effectively made this card a 3% earn rate).
https://www.highinterestsaving.....-2026/  

This was inevitable. The nerfing of the some of the travel benefits on top make it a mediocre card. I personally don't find any of this surprising as it was too good to be true.

One change is the ending of the 1.5x Rewards Redemption Value when redeeming against certain Rogers purchases charged to the card.

Another is the ending of Trip Cancellation, Trip Interruption, and Trip Delay Coverage.

pentel said

Good to know that 1% cashback only applies to purchases in CAD. I thought I can get no FX fee as well as 1% cash back. Thanks for pointing that out.

It used to be like that. Home Trust removed the 1% cash back on foreign spending in January 2020.

The following year, in May 2021, Home Trust removed the rental car insurance and roadside assistance benefits from the card.

JohnnyCash said

Keep in mind that the 1% cashback only applies to purchases in CAD. It's an okay card as it's a real no FX credit card and makes a great backup card. If you can get the Wealthsimple card as well, that's a real winner of a card. They are beta testing a no-fee version of the card, no rumors as to when it will be publically available.  

Good to know that 1% cashback only applies to purchases in CAD. I thought I can get no FX fee as well as 1% cash back. Thanks for pointing that out.

Over $100,000 in assets in assets: 1.75% interest

The Wealthsimple card need a $100K in their savings for it to be no-fee. The interest rate 1.75% for the $100K is not that great. Otherwise it is $20 a month, that's $240/year and not doable, the MC World Elite/Visa Infinite card are just $120-$150/year with much more benefits. They are beta testing a no-fee version of the card? If it is 100% no-fee, it is worth considering.

pentel said

Thank you for the info. These alerts will be useful especially when out of country. Will consider getting this card for the no-fee 1% cash back and no FX fees.  

Keep in mind that the 1% cashback only applies to purchases in CAD. It's an okay card as it's a real no FX credit card and makes a great backup card. If you can get the Wealthsimple card as well, that's a real winner of a card. They are beta testing a no-fee version of the card, no rumors as to when it will be publically available.

ponyFlower said
I get a notification for every single transaction happening on that card, meaning even a $0.01 charge will trigger an app notification. I believe it can be adjusted so notifications don’t trigger below $100. I’m not sure if it supports SMS notifications though.  

Thank you for the info. Good to know it support alerts, it would have been better if it supports a text notification (assuming no text support, which is a bit backward since most CC do support text notifications except for Tangerine which needs the app to get notifications)

JohnnyCash said
Yes, you can set various alerts, but they don't seem to arrive promptly and tend to arrive as emails. Fraud alerts from what I recall arrive as a text with a prompt to reply to approve or decline.  

Thank you for the info. These alerts will be useful especially when out of country. Will consider getting this card for the no-fee 1% cash back and no FX fees.