If you live in Canada and want a card that’s going to streamline it all, a Rogers Bank Mastercard could help. In this world of digitalization, everything is just a click away and all sectors have welcomed the revolution with open arms.
Mastercards have totally transformed the buying process by enabling the switch to plastic money. Being sustainable, it also enables customer convenience which led to many banks offering the service of MasterCard.
One of these banks is Rogers Bank that is a subsidiary of a Canadian financial service company whose supreme goal is customer satisfaction. The bank offers the world’s most premium Mastercard like Fido Mastercard, Rogers Platinum Mastercard and more.
What Does Rogers Mastercard Offer?
The Mastercard options of Rogers Bank offer unlimited cash back rewards on all eligible purchases made in foreign currency. Users also get 2% unlimited cash back rewards if they buy Fido and Rogers’ products with the Fido MasterCard.
Additionally, there is a 2% unlimited cash back rewards if one purchases Rogers’ products on the Rogers Platinum Mastercard or the Rogers World Elite Mastercard. Moreover, Fido and Rogers Platinum Mastercards offer 3% of the cashback while Rogers Elite Mastercard offers 4%.
Yet another perk of the Mastercards is the absence of annual fee. Also, users get a welcome bonus worth $25. They can redeem this bonus when they make the first purchase within 3 months of getting the MasterCard.
Truly, the sky is the limit when you have the Roger Banks Mastercards.
Am I Eligible?
You have to check a few domains to be eligible to receive any one of the Premium Mastercards.
- The applicant should be a resident of Canada.
- One should be employed or should provide verification of income.
- The candidate should not have filed for bankruptcy in the last 7 years.
- An individual shouldn’t be working with a trustee under a formal consumer proposal.
How To Apply For A Rogers Mastercard
After the aforementioned criteria get a green signal, a page containing the Rogers Bank Mastercard Terms and Conditions will open up. A user must meticulously go through the T&C and Disclosure Summary of Rogers Bank.
After this, the next step is the application for the credit card. This application process becomes imperative in proving your identity. Additionally, it prevents some other individuals from getting credit in your name. The application requires the following information.
- Personal details include your name, date of birth, and contact details.
- Address information that includes your current residential status.
- Employment information that highlights your employment status.
- Financial information to show your annual income, mortgage/rent, and annual household income.
What Are The Next Steps?
The next step only entails waiting for approval of your application. This is usually emailed after 2 days of applying.
Once the application has been approved, you receive your card at your doorstep in 7-10 business days. You can then activate your card online, get started, and enjoy the perks.
What You Should Be Aware Of
While you’re waiting for the approval of your MasterCard, it is a good idea to go through the legal disclaimers which are as follows.
- The non-eligible purchases encompass cash advance, balance transfers, fees, interest, and returns or payments.
- The cashback rewards that are earned are entirely based on purchase-price only and transactions should be billed in Canadian currency.
- Also, the cashback rewards apply up to lesser of purchase amount or rewards balance. It should be kept in mind that rewards are not refundable.
Rates and Fees
Though all of the Mastercards from Rogers Bank will come with different rates and fees, we will detail the fees associated with the Fido Mastercard here.
First, you will be happy to know that the Fido Mastercard comes with no annual fee. This card has a representative APR of 19.99%. However, the interest rate for cash advances is 22.99%. There is also a $3.50 cash advance fee inside Canada and a $5 fee outside of Canada.
There is also a 2.5% foreign transaction fee and an over-limit fee of $29.00.
How To Contact Rogers Bank
Contact Number: 1 855 775-2265
Address: 350 Bloor Street East 3rd Floor, Toronto, Ontario. M4W 1G9
For general queries, the bank’s very persistent automated assistant, Ruby is also available 24/7. Click on the question mark on the website to ask Ruby any query about the bank or any of its products.
Conclusion
If you’re into getting some Canadian perks for spending your Canadian dollars, the Rogers Bank Mastercard will totally help. Getting a credit card means responsibility for your finances, not a free for all. So plan for the card to improve your financial health overall.
Note: There are risks involved when applying for and using a credit card. Consult the bank’s terms and conditions page for more information.