Fido Mastercard Review Canada’s Best No Annual Fee Cashback Card for Rogers Customers
Fido Mastercard, a no annual fee cashback card for Rogers customers across Canada, offering simple reward rates, easy redemptions and solid value on recurring bills
Simple, no-fuss credit card built for Rogers customers
The Fido Mastercard is a no annual fee credit card from Rogers Bank designed for Canadians who want straightforward cashback without complicated categories. If you already have a Fido or Rogers account, the card makes it easy to stack savings and apply rewards directly to your phone or service bills.
This card’s straightforward value proposition—simple cashback, no yearly charge, and easy redemption—keeps it competitive among Canada’s best no-fee cards. For everyday users who prioritise clarity over travel perks, the Fido Mastercard stands out as a practical wallet staple.
Cashback rates and welcome perks
The Fido Mastercard pays 1.50% unlimited cashback on recurring bills and subscriptions, including prepaid monthly charges like your Fido bill, and 1% on all other purchases. New cardholders also receive a $25 welcome bonus after their first purchase within three months, giving immediate value on activation.
Rewards accumulate at a $1 = $1 redemption rate and can be redeemed once you reach the $10 minimum. You can apply cashback directly to Rogers, Fido or chatr invoices or use the funds for general statement credits, which makes the card useful for those who pay recurring telecom costs every month.
Strengths and limitations to weigh
One clear strength of the Fido Mastercard is its no annual fee paired with recurring-bill cashback, which benefits Canadians who prioritise telecom savings. The card also includes zero liability protection on unauthorized transactions and decent customer support through Rogers Bank channels.
On the flip side, higher cashback alternatives exist in Canada, like the Tangerine Money-Back card or some American Express no-fee options, and the Fido Mastercard lacks purchase insurance and extended warranty protections. Standard interest rates apply—about 19.99% on purchases and 22.99% on cash advances—so it’s best used by folks who pay the balance monthly.
Who should apply and how to get the card
The Fido Mastercard is ideal for Rogers or Fido customers and for Canadians who want a low-maintenance, no annual fee cashback card. If you pay regular monthly subscriptions or a phone plan, the 1.50% on recurring payments effectively offsets part of those costs and keeps budgeting simple through the Rogers Bank app.
Applying is straightforward on the Rogers Bank website; expect to provide basic ID and financial info and to meet standard credit criteria. If you want maximum cashback, compare this card to higher-rate alternatives, but if ease, no annual fee and direct bill redemptions matter most, the Fido Mastercard is a solid pick in Canada.
