Head to head · Reviewed 2026-07-06 · By The Points Standard editorial team
Rogers Red World Elite Mastercard vs Amex SimplyCash Preferred
Two cards, one Standard Score rubric. The Amex SimplyCash Preferred scores higher overall at 7.7/10 — but the right pick depends on which components match your spending.
How we make money & how we rank: rankings are set by the Standard Score, never by compensation. Some card links may become referral links; that never changes a card's score or position. Full disclosure. Last reviewed: 2026-07-06.
| Rogers Red World Elite Mastercard | Amex SimplyCash Preferred | |
|---|---|---|
| Standard Score | 7.1/10 · Strong | 7.7/10 · Excellent |
| Annual fee | None | $119.88 ($9.99 charged monthly) |
| Welcome bonus | Modest signup bonus for new cardholders (offers vary) | Up to $400 in bonus cash back in the first year (offers vary) |
| Est. bonus value | ≈ $60 | ≈ $400 |
| First-year net value | ≈ $360 | ≈ $680 |
| Earn rates |
|
|
| Points currency | Cash back | Cash back |
| No FX fees | No | No |
| Lounge access | No | No |
Where the Rogers Red World Elite Mastercard wins
- Low friction — scores 8.5/10 on this component
- Strategic fit — scores 8.0/10 on this component
Where the Amex SimplyCash Preferred wins
- First-year value — scores 8.0/10 on this component
- Flexibility — scores 8.0/10 on this component
- Perk usability — scores 7.0/10 on this component
The verdict
One is free, one earns more. The Rogers World Elite's flat 2% at no annual fee is the benchmark every paid card must beat; the SimplyCash Preferred beats it at 4% on gas and groceries but charges ~$120 a year and adds Amex acceptance gaps. Concentrated gas-and-grocery spend justifies the fee — everyone else keeps the free 2%.
Read the full reviews: Rogers Red World Elite Mastercard and Amex SimplyCash Preferred, or see how both rank in Best Cash Back Credit Cards in Canada.