Best Desjardins Credit Cards
Sara Skodak
Author
Abid Salahi
Editor5 min read
When it comes to cashback, travel, and no-fee credit cards, Desjardins delivers.
This institution caters to everyday spenders, frequent travellers, and budget-conscious cardholders. The best part? Every card is equipped with an uncomplicated cashback rewards program, so you can collect your rewards and redeem them towards anything you’d like.
For a comprehensive look at all of the best Desjardins credit card contenders, feel free to browse this blog post.
Best Overall Desjardins Credit Card
Desjardins Cash Back World Elite® Mastercard®
4
Finly Rating
Welcome Bonus
N/A
Annual Fee
$100
Interest Rates
20.90% / 21.90%
The Desjardins Cash Back World Elite Mastercard stands out for its high earn rates across essential spending categories, including 4% cash back on groceries and 3% on restaurants, entertainment, and transit. Additionally, it offers a slightly lower annual fee compared to other World Elite Mastercards, making it an attractive option for those looking to maximize their rewards without breaking the bank. With added perks like membership to over 1,300 airport lounges and various insurance coverages, this card provides excellent value, especially for frequent travelers and everyday spenders.
Pros
- High earn rates make it a strong option for those looking to maximize rewards on their spending.
- Slightly lower annual fee compared to other cards in its category, providing good value for its benefits.
- Comes with attractive perks from being a World Elite Mastercard, such as travel and purchase protection benefits. Membership to 1,300 airport lounges across the globe through DragonPass (no free passes)
Cons
- Limited physical branch access, with branches only in Quebec and Ontario, which may be inconvenient for those living elsewhere.
- Lacks a welcome bonus, which may be a drawback compared to other cards offering substantial introductory offers.
Rewards
- 4% cash back on grocery purchases (up to $400 cash back annually)
- 3% cash back on restaurant purchases (up to $180 cash back annually)
- 3% cash back on entertainment and alternative transportation purchases
- 1% cash back on all other purchases
Insurance
Coverage
Extended Warranty
1 year
Purchase Protection
90 days
Mobile Device Insurance
$1,000
Trip Cancellation
$500 for trips up to 3 days
Trip Interruption
$1,000 for trips up to 3 days
Emergency Out of province Medical
$5M for trips up to 3 days
Emergency Medical Over 65
$5M for trips up to 3 days
Baggage Delay
$500 for trips up to 3 days
Lost or Stolen Baggage
$500 for trips up to 3 days
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Car Rental Damage & Theft
Yes
Benefits
Details
Airport Lounge - Dragon Pass
Pass only
Boingo Wi-Fi hotspot
over 1 million Boingo Wifi hotspots worldwide
Car Rental Discount
25% off base rate off Hertz car rental
Car Rental Discount
10% off base rate off Thrifty or Dollar rental
Eligibility
Credit Score
Very Good
Annual Income
$80,000 personal or $150,000 household
For the best in Desjardins cashback, plus a balanced mix of perks and coverage, consider the Desjardins Cash Back World Elite Mastercard.
The card offers competitive rewards on popular everyday spend categories like grocery, restaurant, entertainment, and transportation expenses.
If you’re a traveller on top of a day-to-day shopper, you’ll love the valuable travel insurance inclusions like trip interruption and cancellation insurance, plus emergency medical coverages. Not to mention, this card features travel-focused benefits like an airport lounge Dragon Pass, access to the worldwide Boingo Wi-Fi hotspot, and car rental discounts with companies like Hertz, Thrifty, or Dollar.
With all of these enticing add-ons, the annual fee for the Desjardins Cash Back World Elite Mastercard is quite reasonable – however, applicants will also need to meet some high income requirements to apply.
Ultimately though, the Desjardins Cash Back World Elite Mastercard is the most well-rounded option in terms of rewards, coverage, and benefits that support every daily errand and every well-deserved trip.
Best No-Fee Desjardins Credit Cards
If annual fees don’t blend well with your budget-friendly lifestyle, luckily, Desjardins has a few no-fee credit cards that will.
Desjardins Bonus Visa
2.75
Finly Rating
Welcome Bonus
N/A
Annual Fee
$0
Interest Rates
20.90% / 21.90%
The Desjardins Bonus Visa is a no-fee card offering up to 2% back on dining, entertainment, and transportation, plus mobile device and basic travel insurance. While it lacks a welcome bonus and premium perks, it's a solid choice for earning rewards on everyday spending without any annual costs.
Pros
- Up to 2% cash back on select categories like restaurants, entertainment, transit, and pre-authorized payments.
- Includes mobile device insurance.
- No annual fee.
Cons
- Limited physical branch access, with branches only in Quebec and Ontario, which may be inconvenient for those living elsewhere.
- Only earns 0.5% cash back on non-category purchases.
- No welcome bonus.
Rewards
- 2% cash back on restaurant, entertainment, transportation and bill payments
- 0.5% cash back on all other purchases
Insurance
Coverage
Extended Warranty
1 year
Purchase Protection
90 days
Mobile Device Insurance
$1,000
Trip Cancellation
$500
Trip Interruption
$1,000
Emergency Out of province Medical
3 days
Emergency Medical Over 65
3 days
Baggage Delay
$500
Lost or Stolen Baggage
$500
Benefits
Details
Car Rental Discount
15% off base rate off Hertz car rental, no young drivers surcharge
Car Rental Discount
10% off base rate off Hertz car rental, no young drivers surcharge
Eligibility
Credit Score
Very Good
Annual Income
$80,000 personal or $150,000 household
The Desjardins Bonus Visa offers nice cash back rates on popular spend categories, particularly restaurant, entertainment, transportation, and bill payments.
This Desjardins option also comes stacked with insurance coverage – everything from mobile device insurance to trip interruption and trip cancellation insurance.
With the Desjardins Bonus Visa, cardholders receive car rental discounts at Hertz, an added perk to complement your next road trip.
Overall, the Desjardins Bonus Visa is best for those who are missing that extra travel-benefit incentive from the Desjardins Cash Back Mastercard, and specifically those who need a rented set of wheels from time to time.
Desjardins Cash Back Mastercard
2.75
Finly Rating
Welcome Bonus
N/A
Annual Fee
$0
Interest Rates
20.90% / 21.90%
The Desjardins Cash Back Mastercard is a solid choice for those who value simplicity and no fees. With up to 2% cash back on popular categories like dining, entertainment, and transit, it offers competitive rewards without the complexity of points systems or spending caps. Additionally, the inclusion of mobile device insurance adds extra value, especially for a no-fee card. However, the lack of a welcome bonus and only 0.5% cash back on other purchases might make it less appealing for those seeking higher rewards across all spending categories.
Pros
- Up to 2% cash back on select categories like restaurants, entertainment, transit, and pre-authorized payments.
- Includes mobile device insurance.
- No annual fee.
Cons
- Limited physical branch access, with branches only in Quebec and Ontario, which may be inconvenient for those living elsewhere.
- Only earns 0.5% cash back on non-category purchases.
- No welcome bonus.
Rewards
- 2% cash back on restaurant, entertainment, transit and pre-authorized purchases
- 0.5% cash back on all other purchases
Insurance
Coverage
Extended Warranty
1 year
Purchase Protection
90 days
Mobile Device Insurance
$1,000
Trip Cancellation
$500
Trip Interruption
$1,000
Emergency Out of province Medical
3 days
Emergency Medical Over 65
3 days
Baggage Delay
$500
Lost or Stolen Baggage
$500
Eligibility
Credit Score
Very Good
Annual Income
$80,000 personal or $150,000 household
Like the Desjardins Bonus Visa, the Desjardins Cash Back Mastercard, cardholders earn reasonable cashback on restaurant, entertainment, transit, and pre-authorized purchases.
Both the Desjardins Bonus Visa and the Desjardins Cash Back Mastercard feature the same insurance categories, so the real bonus of the Desjardins Bonus Visa comes from its benefits – something the Desjardins Cash Back Mastercard lacks.
Overall, the Desjardins Cash Back Mastercard is a straight-forward, budget-conscious cashback contender that satisfies everyday purchases and sought-after insurance coverage. However given the Desjardins Bonus Visa card has some additional perks that the cashback card does not, the Bonus Visa card should be the better choice for most people.
Desjardins Cash Back Visa
2.5
Finly Rating
Welcome Bonus
N/A
Annual Fee
$0
Interest Rates
20.90% / 21.90%
The Desjardins Cash Back Visa is a no-fee credit card that offers up to 2% cash back on everyday purchases like dining, entertainment, and transit. It includes perks like mobile device insurance and car rental discounts, making it a solid choice for budget-conscious users. While it lacks a welcome bonus, its consistent rewards and no annual fee provide good value for everyday spending.
Pros
- Up to 2% cash back on select categories like restaurants, entertainment, transit, and pre-authorized payments.
- Includes mobile device insurance.
- No annual fee.
Cons
- Limited physical branch access, with branches only in Quebec and Ontario, which may be inconvenient for those living elsewhere.
- Only earns 0.5% cash back on non-category purchases.
- No welcome bonus.
Rewards
- 2% cash back on restaurant, entertainment, transit and pre-authorized purchases
- 0.5% cash back on all other purchases
Insurance
Coverage
Extended Warranty
1 year
Purchase Protection
90 days
Mobile Device Insurance
$1,000
Trip Cancellation
$500
Trip Interruption
$1,000
Emergency Out of province Medical
3 days
Emergency Medical Over 65
3 days
Baggage Delay
$500
Lost or Stolen Baggage
$500
Benefits
Details
Car Rental Discount
15% off base rate off Hertz car rental, no young drivers surcharge
Car Rental Discount
10% off base rate off Hertz car rental, no young drivers surcharge
Eligibility
Credit Score
Very Good
Annual Income
$80,000 personal or $150,000 household
Let’s bring another Visa Card into the mix.
The Desjardins Cash Back Visa Card offers the same rewards program as the Desjardins Cash Back Mastercard, optimizing restaurant, entertainment, transit, and pre-authorized purchases.
The insurance categories on both cards are also identical with inclusions like trip interruption and trip cancellation insurance, plus emergency medical over 65 insurance.
Like the Desjardins Bonus Visa, the Desjardins Cash Back Visa comes with a couple of benefits, whereas the Desjardins Cash Back Mastercard does not. Specifically, the Desjardins Cash Back Visa includes car rental discounts at Hertz.
Still, the Desjardins Cash Back Mastercard may have the upper hand for some cardholders considering its flexibility as a Mastercard – which is accepted at Costco and recognizes Walmart as a grocery store rather than a department store (sometimes allowing for more rewards).
So, the Desjardins Cash Back Visa Card is best for those who want a couple of benefits paired with their coverage and rewards program. Alternatively, those looking for more card-acceptance flexibility and who don't care for car rental benefits might be content with the Desjardins Cash Back Mastercard.
Desjardins Flexi Visa
4
Finly Rating
Welcome Bonus
N/A
Rewards Rate
No Rewards
Annual Fee
$0
Interest Rates
10.9% / 12.9%
If you plan to carry a balance on your credit card, this is one of the best no-fee, low-interest-rate credit cards in Canada. However, outside of this specific use case, the card doesn't offer many additional benefits.
Pros
- This is one of the best no-annual-fee, low-interest-rate credit cards in Canada, making it a great option for carrying a credit card balance.
Cons
- No rewards earned on purchases.
- The travel insurance is limited to just 3 days, which is too short to be useful for most trips.
Rewards
No rewards earned on this card
Insurance
Coverage
Emergency Out of province Medical
$5M/insured up to 3 days, under 75 years old
Trip Cancellation
$500 per person for trips up to 3 days
Trip Interruption
$1,000 per person for trips up to 3 days
Baggage Delay
$500 per person after 6 hours delay for trips up to 3 days
Lost or Stolen Baggage
$500 per person for trips up to 3 days
Travel Accident
$10,000 per person for trips up to 3 days
Mobile Device Insurance
$1,000
Purchase Protection
90 days
Extended Warranty
Doubled up to 1 year
Eligibility
Credit Score
Good
Annual Income
N/A
Built for those who tend to carry a balance, the Desjardins Flexi Visa Card boasts both no annual fees and low-interest rates.
While there are no rewards or benefits, the Flexi Visa Card still features solid travel coverage, including trip interruption and trip cancellation insurance, baggage delay, and emergency out of province medical insurance.
Basically, if you need a Desjardins credit card that caters to no annual fee, decent travel coverage, and low interest, the Desjardins Flexi Visa Card is your best bet.
Best Travel Desjardins Credit Cards
Most Desjardins credit cards support travel in some way, but we’re about to reveal the best Desjardins credit cards that do so.
Take a look for yourself:
Desjardins Odyssey World Elite Mastercard
3.5
Finly Rating
Welcome Bonus
N/A
Annual Fee
$130
Interest Rates
20.90% / 21.90%
The Desjardins Odyssey World Elite Mastercard is a strong contender in the World Elite category, offering impressive rewards of up to 3% cash back on groceries and 2% on other popular categories. With a comprehensive insurance package, including coverage for seniors, and perks like free lounge access in Montreal, this card is great for frequent travelers and high spenders. However, the lack of a welcome bonus and high income requirements might deter some users.
Pros
- High Earn Rates: Earn up to 3% cash back on groceries, 2% on restaurants, entertainment, and public transportation, and 1.5% on all other purchases.
- Comprehensive Insurance: Includes 9 types of travel insurance, with coverage extending to those over 65.
- Free Lounge Access: Enjoy 8 free passes to the Desjardins Odyssey Lounge in Montreal.
- World Elite Perks: Includes additional perks like Boingo Wi-Fi, Mastercard Travel Rewards, and more.
Cons
- No Welcome Bonus: Unlike many premium cards, this one lacks a welcome bonus, reducing its initial appeal.
- High Income Requirements: Requires a minimum personal income of $80,000 or household income of $150,000.
- Limited Branch Access: Physical branches are only available in Quebec and Ontario.
Rewards
- 3% cash back on grocery purchases
- 2% cash back on restaurant, entertainment, and public transit
- 1.5% cash back on all other purchases
Insurance
Coverage
Extended Warranty
1 year
Purchase Protection
90 days
Mobile Device Insurance
$1,500
Trip Cancellation
$500
Trip Interruption
no limits
Emergency Out of province Medical
60 days
Emergency Medical Over 65
15 days
Baggage Delay
$1,000
Lost or Stolen Baggage
$1,000
Car Rental Damage & Theft
Yes
Benefits
Details
Airport Lounge - Desjardins Odyssey
8 free passes per year
Car Rental Discount
25% off base rate off Hertz car rental
Car Rental Discount
10% off base rate off Thrifty or Dollar rental
Boingo Wi-Fi hotspot
over 1 million Boingo Wifi hotspots worldwide
Eligibility
Credit Score
Very Good
Annual Income
$80,000 personal or $150,000 household
The Desjardins Odyssey World Elite Mastercard earns cardholders decent cashback on everyday earn categories, but for travellers, the most impressive aspects of the card lie within its coverage and benefits.
The insurance categories on this card are truly remarkable, with impressive coverage values on emergency medical coverages, baggage insurance, and most notably, unlimited coverage on trip interruption insurance – a type of protection you won't see offered on any other financial institution in Canada as most come with trip interruption coverage limits.
The card also offers car rental discounts at Hertz, Thrifty, and Dollar rental companies, access to the Boingo Wi-Fi hotspot, a Dragon Pass membership (no complimentary visits), and a handful of free passes to Desjardins Odyssey airport lounges each year located at Montréal-Trudeau Airport (YUL). These complimentary visits are what makes this travel card unique, considering many other Desjardins competitors only offer airport lounge network memberships without any free visits.
Of course, the card comes with a higher annual fee to reflect the previously mentioned perks.
Still, if you’re looking for a top travel companion from Desjardins, don’t look much further than the highly insured and well-benefitted Desjardins Odyssey World Elite Mastercard.
Desjardins Cash Back World Elite® Mastercard®
4
Finly Rating
Welcome Bonus
N/A
Annual Fee
$100
Interest Rates
20.90% / 21.90%
The Desjardins Cash Back World Elite Mastercard stands out for its high earn rates across essential spending categories, including 4% cash back on groceries and 3% on restaurants, entertainment, and transit. Additionally, it offers a slightly lower annual fee compared to other World Elite Mastercards, making it an attractive option for those looking to maximize their rewards without breaking the bank. With added perks like membership to over 1,300 airport lounges and various insurance coverages, this card provides excellent value, especially for frequent travelers and everyday spenders.
Pros
- High earn rates make it a strong option for those looking to maximize rewards on their spending.
- Slightly lower annual fee compared to other cards in its category, providing good value for its benefits.
- Comes with attractive perks from being a World Elite Mastercard, such as travel and purchase protection benefits. Membership to 1,300 airport lounges across the globe through DragonPass (no free passes)
Cons
- Limited physical branch access, with branches only in Quebec and Ontario, which may be inconvenient for those living elsewhere.
- Lacks a welcome bonus, which may be a drawback compared to other cards offering substantial introductory offers.
Rewards
- 4% cash back on grocery purchases (up to $400 cash back annually)
- 3% cash back on restaurant purchases (up to $180 cash back annually)
- 3% cash back on entertainment and alternative transportation purchases
- 1% cash back on all other purchases
Insurance
Coverage
Extended Warranty
1 year
Purchase Protection
90 days
Mobile Device Insurance
$1,000
Trip Cancellation
$500 for trips up to 3 days
Trip Interruption
$1,000 for trips up to 3 days
Emergency Out of province Medical
$5M for trips up to 3 days
Emergency Medical Over 65
$5M for trips up to 3 days
Baggage Delay
$500 for trips up to 3 days
Lost or Stolen Baggage
$500 for trips up to 3 days
Car Rental Damage & Theft
Yes
Benefits
Details
Airport Lounge - Dragon Pass
Pass only
Boingo Wi-Fi hotspot
over 1 million Boingo Wifi hotspots worldwide
Car Rental Discount
25% off base rate off Hertz car rental
Car Rental Discount
10% off base rate off Thrifty or Dollar rental
Eligibility
Credit Score
Very Good
Annual Income
$80,000 personal or $150,000 household
Back from the top of our list, the Desjardins Cash Back World Elite Mastercard offers much more than top cashback rates on everyday purchases, it also includes important travel coverage like trip interruption and trip cancellation insurance, lost or stolen baggage coverage, car rental damage and theft coverage, and emergency medical insurances. However, the coverage value within many of these categories aren’t as high as those provided by the Desjardins Odyssey World Elite Mastercard (which is simply something to keep in mind).
If you’re looking to sit back before boarding your flight, the Desjardins Cash Back World Elite Mastercard also grants cardholders a Dragon Pass membership, unlocking the opportunity to pay an entry fee to visit lounges equipped with food and beverages, work spaces, and entertainment. Unfortunately though, unlike the Desjardins Odyssey World Elite Mastercard, there are no complimentary airport lounge visits included on the card.
Moving on, if you ever need wireless internet connection while travelling the world, the Desjardins Cash Back World Elite Mastercard also comes with access to over 1 million Boingo Wi-Fi hotspots across the globe. To top things off, road trippers will enjoy car rental discounts at Hertz, Thrifty, and Dollar rental car companies.
While the Desjardins Cash Back World Elite Mastercard may fall short travel-wise compared to the Desjardins Odyssey World Elite Mastercard, its annual cost is slightly lower, making it a more budget-conscious travel-friendly option.
So, if you want to be covered for plenty of potential vacation mishaps, if you want the opportunity to visit exclusive airport lounges prior to take off, stay connected to the internet during your travels, or rent a car to sight-see – all for a lower annual fee than the Desjardins Odyssey World Elite Mastercard, the Desjardins Cash Back World Elite Mastercard is a solid choice. Otherwise, if you can spare the higher annual expense, the extra coverage and exclusive perks like complimentary airport lounge access might make the Desjardins Odyssey World Elite Mastercard worth it instead.
Desjardins Odyssey Visa Infinite Privilege
3
Finly Rating
Welcome Bonus
N/A
Annual Fee
$395
Interest Rates
11.90% / 12.90%
The Desjardins Odyssey World Elite Mastercard is a strong contender in the World Elite category, offering impressive rewards of up to 3% cash back on groceries and 2% on other popular categories. With a comprehensive insurance package, including coverage for seniors, and perks like free lounge access in Montreal, this card is great for frequent travelers and high spenders. However, the lack of a welcome bonus and high income requirements might deter some users.
Pros
- High Earn Rates: Earn up to 3% cash back on groceries, 2% on restaurants, entertainment, and public transportation, and 1.5% on all other purchases.
- Comprehensive Insurance: Includes 9 types of travel insurance, with coverage extending to those over 65.
- Free Lounge Access: Enjoy 8 free passes to the Desjardins Odyssey Lounge in Montreal.
- World Elite Perks: Includes additional perks like Boingo Wi-Fi, Mastercard Travel Rewards, and more.
Cons
- No Welcome Bonus: Unlike many premium cards, this one lacks a welcome bonus, reducing its initial appeal.
- High Income Requirements: Requires a minimum personal income of $80,000 or household income of $150,000.
- Limited Branch Access: Physical branches are only available in Quebec and Ontario.
Rewards
- 4% cash back on restaurant, entertainment and transit purchases
- 3% cash back on travel and grocery purchases
- 1.75% cash back on all other purchases
Insurance
Coverage
Extended Warranty
2 years
Purchase Protection
180 days
Mobile Device Insurance
$1,000
Trip Cancellation
$2,500
Trip Interruption
no limits
Emergency Out of province Medical
60 days
Emergency Medical Over 65
15 days
Baggage Delay
$1,000
Lost or Stolen Baggage
$2,500
Car Rental Damage & Theft
Yes
Benefits
Details
Airport Lounge - Priority Pass
6 free passes per year
Airport Lounge - Desjardins Odyssey
12 free passes per year
Boingo Wi-Fi hotspot
over 1 million Boingo Wifi hotspots worldwide
Car Rental Discount
25% off base rate off Hertz car rental, no young drivers or additional driver surcharge
Car Rental Discount
10% off base rate off Thrifty or Dollar rental, no young drivers or additional driver surcharge
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Concierge Services
Visa Infinite concierge services
Visa Infinite Exclusive Benefits
Luxury hotels or travel options
Eligibility
Credit Score
Very Good
Annual Income
$200,000 personal or $200,000 household
Let’s say you’re a high-earner, a big-spender, and you want to take the offers available on the Desjardins Odyssey World Elite Mastercard to the next level.
If so, allow us to introduce the Desjardins Odyssey Visa Infinite Privilege Card.
This card is well over twice the annual cost of the Desjardins Odyssey World Elite Mastercard, and if you can imagine it, its income requirements are some of the highest you’ll encounter.
Why is this the case?
Well, let's go ahead and take a look at this card’s travel insurance and benefits.
As expected, both the Desjardins Odyssey Visa Infinite Privilege Card and the Desjardins Odyssey World Elite Mastercard have the same insurance categories – including unlimited trip interruption coverage. That said, certain categories (like trip cancellation and lost or stolen baggage insurance) have even higher insurance coverage with the Desjardins Odyssey Visa Infinite Privilege Card.
Now on to benefits, the two Odyssey cards share car rental discounts, access to the Boingo Wi-Fi hotspot, and some complimentary access to Desjardins Odyssey airport lounges. However, the Desjardins Odyssey Visa Infinite Privilege Card offers more complimentary visits to Desjardins Odyssey airport lounges, plus concierge services, and free visits to Priority Pass airport lounges as well.
If cashback is your top concern, the Desjardins Odyssey Visa Infinite Privilege Card also earns higher rates on restaurant, entertainment, transit, and grocery purchases, plus it includes a specialized earn rate on travel bookings.
Overall, the Desjardins Odyssey Visa Infinite Privilege Card is perhaps the best travel credit card in terms of perks and rewards, but it’s also the toughest to apply for, given its high annual fee and income requirements. If you want a similar and more affordable alternative with some of the same premium perks, stick with the Desjardins Odyssey World Elite Mastercard.
Best Travel Desjardins Credit Card Honourable Mention
Desjardins Odyssey Gold Visa
3.25
Finly Rating
Welcome Bonus
N/A
Annual Fee
$110
Interest Rates
20.90% / 21.90%
The Desjardins Visa Odyssey Gold offers solid rewards and a comprehensive insurance package, including coverage for seniors, making it a good choice for frequent travelers. However, the card's $110 annual fee might feel steep given its modest rewards rate and the lack of a welcome bonus, which might make some consumers hesitate.
Pros
- Comprehensive Insurance Coverage: Includes extensive travel insurance, including coverage for those over 65, making it ideal for travelers.
- Decent Rewards: Earns 2% back on popular categories like restaurants, entertainment, transit, and pre-authorized payments.
- Mobile Device Insurance: Offers protection for your smartphone or tablet, a feature not always available with other cards.
- Discounts on Car Rentals: Enjoy up to 25% off at popular car rental services, enhancing travel savings.
Cons
- High Annual Fee: The $110 annual fee might seem steep, especially given the modest rewards rate.
- No Welcome Bonus: Unlike many competitors, this card does not offer a welcome bonus, reducing its initial appeal.
- Limited Branch Access: Physical branches are only available in Quebec and Ontario, which may be inconvenient for those needing in-person support outside these provinces.
Rewards
- 2% cash back on restaurant, entertainment, transit and pre-authorized purchases
- 1% cash back on all other purchases
Insurance
Coverage
Extended Warranty
1 year
Purchase Protection
90 days
Mobile Device Insurance
$1,000
Trip Cancellation
$500
Trip Interruption
no limits
Emergency Out of province Medical
60 days
Emergency Medical Over 65
15 days
Baggage Delay
$1,000
Lost or Stolen Baggage
$1,000
Car Rental Damage & Theft
Yes
Benefits
Details
Car Rental Discount
25% off base rate off Hertz car rental, no young drivers or additional driver surcharge
Car Rental Discount
10% off base rate off Thrifty or Dollar rental, no young or additional drivers surcharge
Eligibility
Credit Score
Very Good
Annual Income
$80,000 personal or $150,000 household
Another more affordable Desjardins travel option is the Desjardins Odyssey Gold Visa Card.
Alongside decent cashback rates on dining, entertainment, transit, and pre-authorized purchases, this card includes comprehensive travel insurance (including the impressive unlimited trip interruption insurance category) and car rental discounts at Hertz, Thrifty, and Dollar.
This card is actually more expensive than the Desjardins Cash Back World Elite Mastercard which makes sense in terms of travel coverage, since its insurance values are more similar to the other Odyssey cards mentioned. However, the Desjardins Cash Back World Elite Mastercard offers the Dragon Pass and Boingo Wi-Fi hotspot access on top of car rental discounts, plus much better cashback rates on similar everyday spend categories – which might be where applicants start to question the worthiness of the Desjardins Odyssey Gold Visa Card.
In conclusion, if you want a travel credit card with Odyssey-level coverage at a lower annual cost, then the Desjardins Odyssey Gold Visa Card could be a good alternative. Otherwise, if you want better travel benefits and everyday cashback rewards that you could technically use towards your next trip – then refer back to the Desjardins Cash Back World Elite Mastercard.
Best Low-Interest Desjardins Credit Card
Let’s wrap things up with a simple, low-commitment, low-interest credit card.
Desjardins Flexi Visa
4
Finly Rating
Welcome Bonus
N/A
Rewards Rate
No Rewards
Annual Fee
$0
Interest Rates
10.9% / 12.9%
If you plan to carry a balance on your credit card, this is one of the best no-fee, low-interest-rate credit cards in Canada. However, outside of this specific use case, the card doesn't offer many additional benefits.
Pros
- This is one of the best no-annual-fee, low-interest-rate credit cards in Canada, making it a great option for carrying a credit card balance.
Cons
- No rewards earned on purchases.
- The travel insurance is limited to just 3 days, which is too short to be useful for most trips.
Rewards
No rewards earned on this card
Insurance
Coverage
Emergency Out of province Medical
$5M/insured up to 3 days, under 75 years old
Trip Cancellation
$500 per person for trips up to 3 days
Trip Interruption
$1,000 per person for trips up to 3 days
Baggage Delay
$500 per person after 6 hours delay for trips up to 3 days
Lost or Stolen Baggage
$500 per person for trips up to 3 days
Travel Accident
$10,000 per person for trips up to 3 days
Mobile Device Insurance
$1,000
Purchase Protection
90 days
Extended Warranty
Doubled up to 1 year
Eligibility
Credit Score
Good
Annual Income
N/A
As previously mentioned, the Desjardins Flexi Visa Card lacks a rewards program and perks – but that might be because its biggest benefit is the fact that it offers considerably low interest rates for those who carry a balance.
To make the card even more worthwhile, it also includes some respectable coverage – like trip interruption and trip cancellation insurance, plus mobile device insurance.
All in all, if you want a Desjardins Card that minimizes your interest rates without compromising too much on insurance coverage, consider applying for the Desjardins Flexi Visa Card.