Banks
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The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Rogers Bank

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About Bank

Rogers Bank offers innovative credit cards tailored to Rogers customers. With features like unlimited cash-back, travel perks, and zero liability protection, Rogers Bank credit cards provide value and convenience. Customers can manage their accounts and track rewards through the Rogers Bank app, ensuring seamless transactions. With options like the Rogers World Elite Mastercard and the Rogers Mastercard, Rogers Bank aims to provide the best credit card solutions for everyday spending and beyond.

Rogers Bank

Key Features

  1. Unlimited Cash Back. Rogers Bank Canada offers credit cards with unlimited cash-back rewards on eligible purchases, providing customers with continuous savings.

  2. Travel Insurance. Customers can enjoy peace of mind with included travel insurance benefits, making it easier to plan and enjoy trips without additional hassle or cost.

  3. Zero Liability Protection. Rogers Bank Canada ensures that customers are protected against unauthorized use of their credit cards, offering peace of mind and security for all transactions.

  4. Rogers Bank App. With the convenience of the Rogers Bank app, customers can easily manage their accounts, track rewards, and stay updated on their finances, enhancing overall banking experience and accessibility.

Pros and Cons

Pros

Lucrative Cash-Back Rates. Rogers Bank offers competitive cash-back rates on both USD and CAD purchases, allowing customers to earn rewards on a wide range of transactions.

No Annual Fee. With no annual fee, Rogers Bank credit cards provide cost-effective solutions for everyday spending while still offering valuable insurance benefits, enhancing the overall value proposition for customers.

Free Mobile App. The Rogers Bank app provides customers with convenient access to manage their accounts, track rewards, and stay updated on their finances, offering flexibility and ease of use.

Cons

Only Credit Cards Are Offered. Rogers Bank solely focuses on credit card offerings, limiting the range of financial products available to customers.

High Income Requirement. Rogers Bank World Elite Mastercard sets a relatively high income requirement of $80,000 personal or $150,000 household income, potentially excluding individuals or households with lower incomes from accessing certain credit card products.

Limited Redemption for Statement Credits. While Rogers Bank offers cash-back rewards on each eligible purchase, the redemption options may be limited when it comes to statement credits, reducing flexibility for customers in utilizing their rewards.

Rogers Bank requirements

  1. Age of Majority. You must be of the age of majority in your province of residence.

  2. Employment or Verification of Income. Typically, you need to be employed or provide verification of income to qualify for one of the Mastercard® offerings from Rogers Bank.

  3. Financial History. You should not have filed for bankruptcy in the last 7 years and should not currently be working with a trustee under a formal consumer proposal.

  4. Good Credit Score. Having a good credit score is essential for eligibility, ensuring that you have a history of responsible credit usage.

Access on the Go

  1. Manage Your Account. Customers can easily handle their account-related tasks online. They can lock and unlock their card, check their balance, view available credit, and perform other Rogers Bank account management activities with just a few clicks.

  2. Customize Account Alerts. Rogers Bank allows customers to personalize their account alerts based on their preferences and security needs. They can set up alerts for security notifications, payment reminders, balance updates, and more, ensuring they stay informed about their account activity.

  3. View Statements and Account Activity. Through the online banking portal, customers can access their monthly statements and view a detailed summary of their account activity. This feature enables them to stay up-to-date with their finances and track their spending effectively.

  4. Send Secure Messages. In case customers have inquiries or require assistance, they can easily communicate with Rogers Bank's customer care team through secure messaging. By sending a secure message, customers can expect prompt assistance and support from knowledgeable representatives.

  5. Redeem Cash-Back Rewards. Customers can conveniently redeem their cash-back rewards directly through the Rogers Bank app. With just a few quick taps, they can access their rewards and choose their preferred redemption option, enhancing the overall convenience and flexibility of the rewards program.

Rogers Bank products

  1. Rogers Mastercard. This credit card provides customers with various benefits, including cash-back rewards on eligible purchases, security features such as zero liability protection, and access to the Rogers Bank app for account management.

  2. Rogers World Elite Mastercard. Designed for frequent travelers and those seeking premium benefits, the Rogers World Elite Mastercard offers enhanced rewards, travel insurance, and exclusive perks. Cardholders can earn accelerated cash-back rates on eligible purchases, enjoy travel insurance coverage, and access premium Mastercard World Elite benefits.

Rogers Bank services

  1. Cash-Back. Rogers Bank offers cash-back rewards on eligible purchases made with its credit cards, allowing customers to earn rewards while they spend.

  2. Roam Like Home. Customers with Rogers mobile plans can enjoy 5 Roam Like Home days at no cost every year, offering up to $75 in value for roaming services.

  3. Insurance. Rogers Bank offers various insurance benefits to protect its customers, including zero customer liability on fraudulent purchases and card theft. Additionally, transaction monitoring is in place to automatically detect and prevent fraud, ensuring the security of customers' accounts.

  4. Enhanced Online Security. Rogers Bank provides enhanced online transaction security through Mastercard Identity Check, offering an added layer of protection for online purchases.

  5. Mobile Wallets. Customers can conveniently use mobile wallets with their Rogers Bank credit cards, allowing for secure and easy transactions using their smartphones.

Which associations does Rogers Bank belong to?

Rogers Bank, also known as Banque Rogers in French, is a Canadian financial services company wholly owned by Rogers Communications. While it operates independently as a Schedule I bank under the Bank Act, it is also a member of the Canadian Bankers Association (CBA), representing its affiliation with the broader banking industry in Canada.

Bank Reliability

As a subsidiary of Rogers Communications Inc., Rogers Bank operates within the regulatory framework of the Canadian banking industry. While individual experiences may vary, Rogers Bank generally maintains a reputation for reliability and adherence to industry standards. Factors contributing to its reliability include its affiliation with a well-established telecommunications company, adherence to banking regulations, and a commitment to customer service. However, it's always advisable for customers to conduct their own research and due diligence before engaging with any financial institution.

Editorial Opinion

Rogers Bank, a wholly owned subsidiary of Rogers Communications Canada Inc., offers a range of financial products and services, primarily focusing on credit cards. With offerings like the Rogers Bank Mastercard, customers can access benefits such as cash-back rewards, bonus offers, and accelerated rates on eligible purchases. While the bank provides convenience through its online banking platform and the option for cash advances, potential customers should carefully consider factors such as annual fees, interest rates, and eligibility requirements before applying. Additionally, Rogers Bank's affiliation with a trusted telecommunications company and its commitment to customer service may provide reassurance to those seeking financial solutions. Ultimately, individuals should assess their needs and preferences to determine if Rogers Bank aligns with their banking objectives.

Additional Resources

Sources

FAQ

Is Rogers Bank a good bank?

Rogers Bank offers a range of services and benefits, including cash-back rewards, access to Rogers Bank accounts, and convenient online bill management through Rogers services. Overall, it provides valuable financial solutions to customers.

Is it hard to qualify for Rogers Bank?

Qualifying for Rogers Bank may require meeting certain eligibility criteria, such as having a good credit standing, steady income, and being in good standing with payments. While specific requirements may vary, meeting these criteria can facilitate approval for Rogers Bank products.

Is Rogers Bank legitimate?

Rogers Bank is a legitimate financial institution, operating under regulatory standards and affiliations with entities like Mastercard International Incorporated. Its services and offerings adhere to industry regulations, ensuring legitimacy and reliability.

How can I get in touch with Rogers Bank?

Customers can easily get in touch with Rogers Bank through various channels, including online platforms, customer service hotlines, and physical branches. Access to Rogers services ensures convenient communication and support for inquiries and assistance with Rogers Bank products.

Can I make a balance transfer with a Rogers Bank credit card?

Yes, customers can typically make balance transfers with Rogers Bank credit cards, allowing them to transfer balances from other accounts to their Rogers Bank credit card. This feature provides flexibility in managing debt and consolidating payments, contributing to overall financial management strategies.

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With our dedicated team, we’re committed to connecting Canadians and delivering the best from coast to coast.

© Rogers Bank
Financial products
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
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Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
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1000
Rate
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Effective interest rate on the product

19.99% - 22.99%
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
Rate
i

Effective interest rate on the product

19.99% - 22.99%
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
Rate
i

Effective interest rate on the product

19.99% - 22.99%
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
Rate
i

Effective interest rate on the product

19.99% - 22.99%
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Similar products
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
Rate
i

Effective interest rate on the product

19.99% - 22.99%
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
from $5,000
Rate
i

Effective interest rate on the product

19.99% - 22.99%
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
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300
650
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