Rogers Teams Up with Nova Credit to Support Newcomers
New partnership simplifies the transition to Canada
Newcomers can finance smartphones and build credit
Rogers Communications has announced a new partnership with Nova Credit, a cross-border credit bureau. This collaboration aims to help newcomers to Canada establish their credit and finance smartphones, making their transition into the country smoother.
This joint initiative allows Rogers to provide newcomers with better credit opportunities. By considering their international credit history when applying for a Rogers Red credit card, these individuals can lay a solid financial foundation in Canada. Additionally, they can take advantage of 0% interest financing on new devices through the Rogers Red credit card, enabling them to stay connected from the outset while spreading their payments over a longer period. Newcomers are encouraged to visit any Rogers retail location to apply.
Support for Newcomers Through International Credit Recognition
Phil Hartling, President of Wireless at Rogers, remarked, "At Rogers, we are dedicated to making Canada feel like home for newcomers from the moment they arrive. Our partnership with Nova Credit not only removes a significant barrier for those looking to establish credit but also helps them stay connected with family and friends as they begin their new journey here.”
Initially, Rogers will recognize credit histories from nine countries: Australia, India, Kenya, Nigeria, the Philippines, Spain, Switzerland, Ukraine, and the United Kingdom. The company has plans to expand this recognition to include more countries in the future.
Instant Approval and Flexible Financing Solutions
Newcomers who qualify for a Rogers Red credit card can access flexible financing options for the latest smartphones, available for up to 48 months at 0% interest. They can receive instant approval for a Rogers Red credit card right 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 benefit from a cash back program, earning 3% cash back on eligible purchases made with Rogers. There’s no annual fee for the card, and customers can enjoy five complimentary Roam Like Home days each year when they subscribe to an eligible Rogers mobile plan. In recent evaluations, Rewards Canada recognized the Rogers Red World Elite Mastercard as one of the top cash back credit options in the country.
Facilitating Financial Integration with Smart Solutions
This partnership represents a crucial step in helping newcomers integrate into Canada’s financial landscape. By acknowledging international credit histories, Rogers and Nova Credit are tackling one of the biggest challenges newcomers face: the lack of a local credit history. This initiative not only promotes responsible credit usage but also highlights the importance of financial literacy for this group, ultimately fostering a stronger community of connected individuals.
As part of their commitment to supporting newcomers, Rogers has made efforts to ensure that information is easily accessible. Interested customers are invited to visit local Rogers retail stores for more details or assistance with 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 detailed information about the services offered, customers can visit the official Rogers website or its investor relations page.
About Nova Credit
Nova Credit is an innovative cross-border credit bureau that empowers consumers by changing how credit and financial data are used. They specialize in providing insights into international credit histories, specifically for lenders looking to effectively serve newcomers. Through their groundbreaking Credit Passport product and other services, leading financial institutions collaborate with Nova Credit to offer 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 assist newcomers to Canada in building credit by recognizing their international credit history, which facilitates their transition and financial integration.
What benefits do newcomers receive with the Rogers Red credit card?
Newcomers can take advantage of 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?
Rogers will initially 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 additional support does Rogers provide for newcomers?
Rogers offers flexible financing options and extra benefits like five Roam Like Home days with eligible mobile plans to help newcomers stay connected with their families.
