Rogers Bank is making major changes to its credit card rewards program, including the removal of its popular 1.5x redemption bonus for Rogers, Fido, and Shaw services.
According to an update on the Rogers Bank website (the legal fine print), the changes will take effect on November 18, 2026. Under the new rules, cash back redemptions will revert to a standard rate of 1 point per $0.01 across all purchases, even when applied to eligible Rogers bills. Currently, cardholders who subscribe to a Rogers, Fido, or Shaw service earn 2% cash back and can boost that value to 3% when redeeming rewards directly against their monthly bill.
To replace the redemption bonus, Rogers Bank is introducing a flat 5% cash back rate specifically for eligible Rogers purchases. But, general everyday spending will default to a straight 2% cash back rate for eligible service subscribers.
The update also includes changes to card benefits and insurance perks. The five free Roam Like Home days benefit will be replaced by an annual roaming credit starting on January 12, 2027. Also, another change is insurance coverage such as Trip Cancellation, Trip Interruption, and Trip Delay will no longer be included on cards like the Rogers World Elite Mastercard. That’s a big ouch for people who liked this credit card travel coverage.
The announcement has sparked some pretty heated discussion among cardholders on Reddit, with many looking into alternative no-fee options like the Wealthsimple Visa (sign up here for a free $25 bonus) to maintain competitive cash back rates on daily spending.
Are you going to be affected by these changes to Rogers Mastercards?
Want to see more of our stories on Google?
P.S. Want to keep this site truly independent? Support us by buying us a beer, treating us to a coffee, or shopping through Amazon here. Links in this post are affiliate links, so we earn a tiny commission at no charge to you. Thanks for supporting independent Canadian media!
Those people should have known better than to trust that company. Unfortunately, I have made that mistake twice. Second time was with Fido, since a condo, where I lived in the past, had only cable internet available. It took me over a year to get my money back and I had to involve CCTS when I moved into a house.