Which has the lower annual fee, Cash Back World Elite Mastercard or Rogers Red WE?

The Rogers Red WE has no annual fee, while the Cash Back World Elite Mastercard charges $130/year.

Which card is better for groceries, Cash Back World Elite Mastercard or Rogers Red WE?

The Cash Back World Elite Mastercard earns 4% on groceries, while the Rogers Red WE earns 1.5%. The better choice depends on your grocery spending and the specific merchants you shop at.

Cash Back World Elite Mastercard vs Rogers Red WE — Which Is Better? | Churnr

Header Quick Take Value Earn Rates Merchants Wallet Bonus FX Benefits Eligibility Perks Downgrade Verdict

Rogers Red WE edges ahead by $71/yr

Cash Back World Elite Mastercard earns $320 more on groceries
Cash Back World Elite Mastercard earns $90 more on gas
$130 lower annual fee

Groceries: +$320Gas: +$90Travel: +$72

Cash Back World Elite Mastercard: $30/yr in foreign transaction fees

Rogers Red WE: $30/yr in foreign transaction fees

Showing Year 1 analysis

Dollar Value

$495

/first year

1.2% effective$41/mo

vs 1% no-fee card: +$76

Annual rewards earned+$655

FX costs−$30

Annual fee−$130

Winner

$566

/first year

1.4% effective$47/mo

vs 1% no-fee card: +$147

Annual rewards earned+$556

Welcome bonus+$40

FX costs−$30

Annual fee−$0

Best for your spendingRogers Red WE—$566Year 1 value

+$71 more than Cash Back World Elite Mastercard

Scroll down for the full breakdown

Earn Rates by Category

Wallet Optimizer

Downgrade

Coming soon

The Bottom Line

Rogers Red WE edges ahead by $71/yr

Cash Back World Elite Mastercard earns $320 more on groceries
Cash Back World Elite Mastercard earns $90 more on gas
$130 lower annual fee

Groceries: +$320Gas: +$90Travel: +$72

Showing Year 1 analysis

Year-over-Year

Year 1

Rogers Red WE

by $71 — welcome bonus advantage

Year 2+

Too close to call

Data Sources

Issuer terms & conditions (verified Feb 2026)

Merchant MCC verification (239 merchants)

Insurance certificates (PDF review)

Reward program documentation

User-reported acceptance data

Found an error? Report incorrect data