Rogers Red World Legend Mastercard
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
- Welcome offer
- None
- First-year value
- ≈ $5after the fee
Rewards math assumes you pay your balance in full every month — interest charges quickly exceed any rewards value.
The case
What it does well, and what it costs you
Why it earns its score
- No foreign transaction fees on top of the flat cash-back rate
- The only Rogers card with no annual cash-back cap at all; the others are capped at $16,000, $26,000 and $61,000 of annual spend from August 4, 2026, while the Legend's 2% runs uncapped
- $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 (the days become an annual roaming credit on January 12, 2027)
- 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%, so 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, so the value case collapses outside the ecosystem
- No welcome bonus, and the 1.5x Rogers redemption bonus ends November 18, 2026
The details
Earn rates, fees and coverage
| Earn rate | Rate |
|---|---|
| Everything, globally, with an eligible Rogers, Fido, or Shaw service | 2% |
| Everything, globally, without a Rogers service | 1.5% |
- Annual fee
- $495Requires $150,000 personal or $200,000 household income (World Legend tier)
- Interest rates
- 21.99%–25.99% purchases · 22.99%–27.99% cash advancesRogers Bank publishes a range rather than a single rate; your rate is in your cardholder disclosure
- Included insurance
- Emergency travel medical (up to $5,000,000, age 64 and under) · Trip cancellation/interruption · Flight delay · Baggage · Common carrier travel accident · Hotel burglary · Rental car coverage · Purchase protection and extended warranty
The score
How we scored it
Six weighted components, each rated 0–10. Rating × weight is what each one contributes; together they make a raw 4.88, published as 4.9.
See the evidence behind each rating
The facts are structured; the rating remains an editorial judgment. Open any component to audit what was considered without mistaking the evidence for an automatic formula.
First-year value3.0/10
The published first-year net value maps directly to the executable anchor ladder.
- $5 first-year net value maps to a 3.0/10 baseline.
- Published first-year input: 3.0/10, matching the baseline.
Ongoing value5.5/10
This input judges recurring earn and cash-like credits after the annual fee; the welcome offer and non-cash perks are excluded.
- $495 annual fee.
- Fee condition: Requires $150,000 personal or $200,000 household income (World Legend tier)
- Published earn: 2%: Everything, globally, with an eligible Rogers, Fido, or Shaw service; 1.5%: Everything, globally, without a Rogers service.
- No cap is stated in the structured earn rows.
Flexibility7.0/10
This input judges how easily Cash back can become useful value without forcing one narrow redemption path.
- Reward currency: Cash back.
- Constraint: No welcome bonus, and the 1.5x Rogers redemption bonus ends November 18, 2026
Perk usability6.5/10
This input credits non-cash benefits at realistic use, separate from cash-like credits already counted in ongoing value.
- Includes airport lounge access.
- 8 published insurance benefits: Emergency travel medical (up to $5,000,000, age 64 and under); Trip cancellation/interruption; Flight delay.
- Other published benefit: $200 annual Rogers Entertainment credit (TV and select streaming subscriptions; internet and mobile excluded)
Low friction4.0/10
This input combines network acceptance, caps, conditions, eligibility, and operational effort; a higher rating means less friction.
- Mastercard acceptance; no foreign-transaction fee.
- Eligibility: $150,000 personal-income minimum; $200,000 household-income alternative.
Strategic fit4.5/10
This input asks whether the card fills a distinct role in a small wallet rather than duplicating another card; redemption quality is not counted again here.
- Ranking roles: cash-back, premium, no-fx.
- Fit case: Committed Rogers-ecosystem households that would spend the $200 TV credit anyway, use the lounge passes, and travel enough for no-FX to matter.
- Main conflict: You don't have (or want) Rogers services; at 1.5% with a $495 fee, nearly every premium card we score beats it.
Already have it?
Should you keep it?
Run the renewal math on your own spending
The welcome offer only lands once, so the keep-or-cancel question is whether the $495 fee still pays for itself on earn alone. Enter your monthly spend to see the recurring math.
Count credits, certificates, bags or lounge visits only at what they replaced for you, not brochure value.
~$243/year in rewards at this spend − $495 fee + $0 personally used recurring benefits = -$252/year ongoing
The fee still outruns your value by $252 this renewal; consider downgrading or cancelling before it billsAt this spending mix, the card breaks even around $2,750/month on the card after your recurring benefit value. Above that, recurring value starts clearing the fee.
Estimates price your spend at the card’s published earn rates and our Points Standard Index valuations; structured category caps are applied. Benefits and retention offers enter the math only through your inputs above. Eligibility, downgrade paths, credit-score effects, tax consequences, and benefit-certificate restrictions are not assessed; confirm options with the issuer before changing the account.
The bottom line
Is it the right card for you?
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.
Rewards math assumes you pay your balance in full every month — interest charges quickly exceed any rewards value.
Source: issuer card page · Last reviewed Oct 4, 2026. Details change often: confirm current terms with the issuer before applying.
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