Rogers Partners with Nova Credit to Support Newcomers
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Rogers Partners with Nova Credit for Newcomer Support
New partnership makes transition to Canada easier
Newcomers can finance a new smartphone and build credit
Rogers Communications has established a new partnership with Nova Credit, a cross-border credit bureau. This collaboration is designed to assist newcomers to Canada in building their credit and financing smartphones, thus easing their transition into the country.
The joint effort allows Rogers to offer newcomers enhanced credit opportunities. By taking into account their international credit history when applying for a Rogers Red credit card, these individuals can create a sound financial base in Canada. In addition, they are able to benefit from 0% interest financing on new devices through the Rogers Red credit card, enabling them to remain connected from the very start while managing their payments over an extended period. Newcomers are encouraged to visit any Rogers retail location to apply.
Support for Newcomers with International Credit Recognition
Phil Hartling, President of Wireless at Rogers, stated, "At Rogers, we are committed to making Canada home for newcomers from the moment they arrive. Our partnership with Nova Credit not only alleviates a significant barrier for newcomers looking to establish credit but also helps them maintain connections with family and friends as they embark on their new journey here.”
Rogers will initially support newcomers by acknowledging their credit histories from nine different countries, including Australia, India, Kenya, Nigeria, the Philippines, Spain, Switzerland, Ukraine, and the United Kingdom. The company has expressed intentions to broaden this recognition to more countries in the future.
Instant Approval and Flexible Financing Options
Newcomers who qualify for a Rogers Red credit card can access flexible financing options for the newest smartphones, available for up to 48 months at 0% interest. They can receive an instant approval for a Rogers Red credit card directly in-store, allowing them to leave with both a new device and a credit card linked to their mobile wallet.
With the Rogers Red credit card, customers can enjoy a cash back program, earning 3% cash back on eligible purchases made with Rogers. There is no annual fee associated with the card, and customers can remain connected with five complimentary Roam Like Home days each year when they subscribe to an eligible Rogers mobile plan. In the recent evaluations of credit cards, Rewards Canada recognized the Rogers Red World Elite Mastercard as one of the country’s top cash back credit options.
Enhancing Financial Integration Through Smart Solutions
This partnership signifies an essential step in aiding newcomers to integrate seamlessly into the financial landscape of Canada. By recognizing international credit histories, Rogers and Nova Credit are addressing one of the major challenges faced by newcomers – the absence of a local credit history. This initiative not only encourages responsible credit use but also emphasizes financial literacy for this demographic, ultimately fostering a stronger community of connected individuals.
As part of their commitment to support newcomers, Rogers has taken steps to ensure that information is readily available. Interested customers are invited to visit local Rogers retail stores for further details or guidance regarding the credit card application process.
About Rogers Communications
Rogers is a leading communications and media company in Canada, publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and the New York Stock Exchange (NYSE: RCI). For comprehensive information about the services we provide, customers can visit the official Rogers website or its investor relations page.
About Nova Credit
Nova Credit is a pioneering cross-border credit bureau that empowers consumers by transforming how credit and financial data are utilized. They specialize in providing insights into international credit histories, catering specifically to lenders that wish to serve newcomers effectively. Through their innovative Credit Passport product and other services, leading financial institutions partner with Nova Credit to provide products tailored for new-to-country consumers.
Frequently Asked Questions
What is the main purpose of the partnership between Rogers and Nova Credit?
The partnership aims to help newcomers to Canada build credit by recognizing their international credit history, which facilitates their transition and financial integration.
What benefits do newcomers get with the Rogers Red credit card?
Newcomers can enjoy 0% interest on device financing for up to 48 months, instant approval in-store, and a 3% cash back on eligible Rogers purchases.
Which countries’ credit histories does Rogers recognize?
Initially, Rogers will recognize credit histories from nine countries: Australia, India, Kenya, Nigeria, the Philippines, Spain, Switzerland, Ukraine, and the United Kingdom.
How can newcomers apply for the Rogers Red credit card?
Newcomers can apply for the Rogers Red credit card at any Rogers retail store and may receive instant approval.
What other support does Rogers provide for newcomers?
Rogers provides flexible financing options and additional benefits like five Roam Like Home days with eligible mobile plans to help newcomers connect with their families.
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