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Apr 20, 2018 | 10:34 am

#4631

Toronto1970

Join Date: Oct 2002

Programs: United Premier 1K

Posts: 1,234

I got the following e-mail from Rogers Bank this morning. Amazing news that it's back to 4% cashback for Foreign Transactions (assuming you have the income to qualify for the World Elite Card). I assume the World Elite card has a higher merchant fee to fund this???

(edit - the chart from the e-mail didn't post very well - but you can see the new rates available from the World Elite card in red, and I posted the pic in the following post)

Dear XXX,

Recently we told you about some changes coming soon to your RogersTM Platinum Mastercard® account, starting May 23, 2018. As a valued Rogers Bank cardholder, we want to ensure that you have the right product to meet your needs. There's never been a better time to consider your options.

Introducing the new RogersTM World Elite® Mastercard®, coming soon!

We are excited to announce that we will be launching a new premium credit card in May 2018 - the Rogers World Elite Mastercard. The Rogers World Elite Mastercard gives you access to our highest rate of cash back rewards, everywhere you shop - with no caps or hidden fees. Plus, there's no Annual Fee!

FEATURES AND BENEFITS Your current Rogers Bank credit cardRogers World Elite Mastercard

RequirementsCredit approvalCredit approval PLUS annual personal income $80,000+ or household income $150,000+Annual feeNoneNoneEarn Rate1Starting May 23, 2018, you'll earn:Unlimited cash back rewards on all your eligible purchases made in a foreign currency3%4%Unlimited cash back rewards on RogersTM products and services charged to your card including your Rogers, FidoTM or chatrTM monthly bill2%2%Unlimited cash back rewards on all other eligible purchases1.25%1.75%Standard Annual Percentage Rate (APR) - purchases and fees19.99%19.99%Included Insurance CoveragePurchase Protection and Extended Warranty2None✓Out-of-Province/Out-of-Country Emergency Medical2None✓Rental Car Collision/Damage2None✓Trip Cancellation2None✓Trip Interruption2None✓Optional Balance Protection Insurance Add-on✓ ✓Redemption options - With both cards redeem your cash back rewards towards:

Your Rogers, Fido or chatr monthly bill.
Purchases at Rogers, Fido or chatr branded stores or online at rogers.com and fido.ca.
Purchases at Today's Shopping ChoiceTM.
Toronto Blue JaysTM tickets.
Merchandise at Jays ShopTM.
Concession foods at the Rogers CentreTM.

Is the Rogers World Elite Mastercard right for you?

To see if you qualify for a product switch, please select 'Qualify Now' before May 14, 2018. No credit check is required.

Don't forget, the Rogers World Elite Mastercard will launch in May 2018. If you qualify and accept the offer to switch to the Rogers World Elite Mastercard, you will receive your new card in the mail before June 15, 2018. Continue to use your existing Rogers Platinum Mastercard as you do today.Please select 'Qualify Now' before May 14, 2018. Are you happy with your existing Rogers Bank credit card?

If you are satisfied that your current Rogers Bank credit card meets your purchase needs, then there is no need to take action. You can continue to use your existing card as you do today.

Last edited by Toronto1970; Apr 20, 2018 at 10:41 am

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