Rogers Bank · Mastercard · Cash back· Reviewed 2026-07-12 by The Points Standard editorial team

Rogers Red World Legend Mastercard

5.0/10PassNo FX feesLounge access

Canada's first World Legend Mastercard is a Rogers loyalty product wearing a premium card's fee. Inside the ecosystem the credits and passes can justify it; outside, the math isn't close.

Annual fee
$495 (Requires $150,000 personal or $200,000 household income (World Legend tier))
Welcome bonus value
$0 None at launch — the pitch is the credit-and-perk bundle, not a bonus
First-year net value
$5
See current offer

Direct issuer link — details verified 2026-07-12

Independent.Ranked by the Standard Score, never by compensation.·Last reviewed 2026-07-12·Full disclosure

Standard Score breakdown

Pass

Six weighted components, each rated 0–10. “Contributes” is the rating × weight — add all six and you get the 5.03/10 Standard Score above.

Component (weight)RatingContributes
First-year value (30%)
3.51.05
Ongoing value (20%)
5.51.10
Flexibility (15%)
7.01.05
Perk usability (15%)
6.50.97
Low friction (10%)
4.00.40
Strategic fit (10%)
4.50.45

See how the Standard Score works or re-weight it to your priorities.

Earn rates

Everything, globally — with an eligible Rogers, Fido, or Shaw service2%
Everything, globally — without a Rogers service1.5%

Included insurance

Emergency travel medical (up to $5,000,000, age 64 and under) · Trip cancellation/interruption · Rental car coverage · Purchase protection

Why it earns its score

  • No foreign transaction fees on top of the flat cash-back rate
  • $200 annual Rogers Entertainment credit (TV and select streaming subscriptions — internet and mobile excluded)
  • Six Plaza Premium lounge passes and ten Roam Like Home days per year
  • Up to $5,000,000 emergency travel medical, plus Soho Friends membership with a $100 USD annual credit

Where it loses points

  • $495 fee against a cash-back rate that never exceeds 2% — the credits must work hard to break even
  • The entertainment credit only applies to Rogers TV/streaming products, and the 2% rate needs a Rogers-family service — the value case collapses outside the ecosystem
  • No welcome bonus, and 1.5x redemption value is again locked to Rogers purchases

Who it’s for

Committed Rogers-ecosystem households that would spend the $200 TV credit anyway, use the lounge passes, and travel enough for no-FX to matter.

Who should skip it

You don't have (or want) Rogers services — at 1.5% with a $495 fee, nearly every premium card we score beats it.

The bottom line

Standard Score 5.0/10 — Pass. We estimate ≈ $5 in first-year net value after the $495 fee.

Source: issuer card page · Last reviewed 2026-07-12. Details change often — confirm current terms with the issuer before applying.

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