Changes to the Rogers World Elite Mastercard starting June 2, 2020
You will earn
- 3% in cash back rewards on all your eligible purchases made in U.S. dollars (previously 4% on all eligible purchases made in any foreign currency)
- 1.5% in cash back rewards on all other eligible purchases (previously 2% on Rogers products and services and 1.75% on all other eligible purchases)
Starting June 2, 2020, Rogers World Elite Mastercard accounts must have an annual minimum spend (i.e. the total of Purchases made, less any Purchase returns) of at least $15,000
The only positive is you get a Bongo wifi access with this card
A devaluation of rewards became inevitable with the cut to interchange fees by Visa and MC announced last summer. Less revenue to CC companies equals less leeway to pass through CC rewards to cardholders.
Time to look for a better card. PC World Elite or SoctiaBank cards might have better rewards for now