Rogers Red Mastercard^®

The lack of a welcome bonus is a notable miss compared to competing cards, so prioritize this if you're after quick rewards—otherwise, the no-fee structure and free supplementary cards make it solid for family spending.

The card carries a 2.5% foreign transaction fee, which means your net cash back may dip into the negative for foreign transactions. For purchases outside of Canada, consider a true no foreign transaction fee card instead.

If you aren't able to pay for a phone outright, this perk can be particularly useful—you won't incur any interest or additional fees as long as you make your monthly payments.^†