How much is the value of 200,000 BONUSDOLLARS® points?

Redemption Option	Average Value
Travel	100¢ / point
Financial Products	100¢ / point
Entertainment	100¢ / point
Restaurants	100¢ / point
Gift Cards	96¢ / point
Merchandise	92¢ / point

Best Credit Cards for the Desjardins BONUSDOLLARS® Rewards Loyalty Program

These credit cards will give you the most rewards and benefits to optimize for Desjardins BONUSDOLLARS® Rewards points

Desjardins Cash Back World Elite® Mastercard®

2.9

Finly Rating

APPLY NOW

go to Desjardins' website

Welcome Bonus

N/A

First Year Value

$413.18

Based on $2,000/mo spending. Calculate your rewards

Annual Fee

$100

Interest Rates

20.90% / 21.90%

RECOMMENDED CREDIT SCORE

300

Poor

560

Fair

660

Good

725

Very Good

760

Excellent

Get your free credit score

Our Take

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 & Cons

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.

Card Details

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

Desjardins Odyssey World Elite Mastercard

3.2

Finly Rating

APPLY NOW

go to Desjardins' website

Welcome Bonus

N/A

First Year Value

$331.19

Based on $2,000/mo spending. Calculate your rewards

Annual Fee

$130

Interest Rates

20.90% / 21.90%

RECOMMENDED CREDIT SCORE

300

Poor

560

Fair

660

Good

725

Very Good

760

Excellent

Get your free credit score

Our Take

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 & Cons

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.

Card Details

Rewards

3% in BONUS-DOLLARS on grocery purchases (up to $10,000 in spending per year)
2% in BONUS-DOLLARS on restaurant purchases (up to $6,000 in spending per year)
2% in BONUS-DOLLARS on entertainment, and public transit purchases
1.5% in BONUS-DOLLARS 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

Desjardins Odyssey Gold Visa

2.3

Finly Rating

APPLY NOW

go to Desjardins' website

Welcome Bonus

N/A

First Year Value

$208.13

Based on $2,000/mo spending. Calculate your rewards

Annual Fee

$110

Interest Rates

20.90% / 21.90%

RECOMMENDED CREDIT SCORE

300

Poor

560

Fair

660

Good

725

Very Good

760

Excellent

Get your free credit score

Our Take

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 & Cons

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.

Card Details

Rewards

2% in BONUS-DOLLARS on restaurant & pre-authorized purchases (up to $6,000 spend per category)
2% in BONUS-DOLLARS on entertainment and transit purchases
1% in BONUS-DOLLARS 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
Good
Annual Income
N/A

Best Credit Cards for the Desjardins BONUSDOLLARS® Rewards Loyalty Program

Desjardins BONUSDOLLARS® Rewards Program Breakdown

Desjardins BONUSDOLLARS® Rewards Points Value in Increments

	Optimal Redemption Value 100¢ / point		Optimal Redemption Value 100¢ / point
1 point	$1	60,000 points	$60,000
10 points	$10	65,000 points	$65,000
100 points	$100	70,000 points	$70,000
1,000 points	$1,000	75,000 points	$75,000
2,500 points	$2,500	80,000 points	$80,000
5,000 points	$5,000	85,000 points	$85,000
10,000 points	$10,000	90,000 points	$90,000
15,000 points	$15,000	95,000 points	$95,000
20,000 points	$20,000	100,000 points	$100,000
25,000 points	$25,000	125,000 points	$125,000
30,000 points	$30,000	150,000 points	$150,000
35,000 points	$35,000	200,000 points	$200,000
40,000 points	$40,000	250,000 points	$250,000
45,000 points	$45,000	500,000 points	$500,000
50,000 points	$50,000	750,000 points	$750,000
55,000 points	$55,000	1,000,000 points	$1M