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Mr. Loonie
Desjardins Odyssey World Elite Mastercard

Desjardins Odyssey World Elite Mastercard

6.9
Fair
Expert Score · 5 reviews How we score

Best for: Desjardins members who want strong travel insurance and rewards on groceries and dining

Your spending a month
What’s in each?
Light:
Groceries $400, restaurants $100, gas $100, recurring bills $100, everything else (base rate) $250, foreign currency $50
Typical:
Groceries $800, restaurants $250, gas $250, recurring bills $250, travel $150, everything else (base rate) $650, foreign currency $150
Big:
Groceries $1,200, restaurants $500, gas $400, recurring bills $400, travel $500, everything else (base rate) $1,600, foreign currency $400
Yours:
Your own amounts, saved on this device only
Year one
$830
Every year after
$700

Ranked #41 of 176 for year one. See the list

See how we worked it out
Welcome offer you’d get
$130
The full offer. Up to $130 back.
Annual fee
$130 a year
Apply now on Desjardins’ site (opens in a new tab)
Needs $80,000 personal or $150,000 household income
We may get paid if you apply through this link. It never changes our score.

Have this card?

Details from Desjardins’ site. Banks can update terms at any time, so give them a quick look before you apply. Source

Is it for me? What you’d earn Welcome offer Can I get it? Fees Similar cards
3 quick questions

Is it for me?

Do you spend $400 or more a month on groceries and restaurants?

Is your personal income $80,000 or more, or your household’s $150,000 or more?

Do you pay your card off in full most months?

Answer the 3 questions to see if it fits.

From the numbers

The good and the bad

Stands out

  • Good: 3% back on groceries and restaurants
  • Good: Welcome offer up to $130

Watch for

  • Watch for: $130 a year You need about $400 a month on groceries and restaurants to earn it back.
  • Watch for: 2.5% on foreign purchases Use a no foreign fee card when you travel.

Worked out from the card’s rates and fees.

Show your work

What you’d earn

With typical spending of $2,500 a month.

BONUSDOLLARS valued at 100¢ each.

  • Groceries $288
    3% back $800 a month · $288 a year
  • Restaurants $90
    3% back $250 a month · $90 a year
  • Gas $30
    1% back $250 a month · $30 a year
  • Recurring bills $30
    1% back $250 a month · $30 a year
  • Travel $36
    2% back $150 a month · $36 a year
  • Everything else $78
    1% back $650 a month · $78 a year
  • Foreign currency $18
    1% back $150 a month · $18 a year
For you Year one Later years
Points you earn0 BONUSDOLLARS a year, at 100¢ each $570 $570
Welcome offerYour spending wouldn’t reach it $130 $0
Annual fee −$130 −$130
Foreign currency fee2.5% on $1,800 a year −$45 −$45
Lounge visits2 visits at $45 $90 $90
Travel medical insurance1 trip at $50 $50 $50
Rental car damage cover1 rental of 3 days at $35 a day $105 $105
Phone insurance$60 a year $60 $60
Total $830 $700

Rows are rounded to the dollar. Insurance counts at what the same cover costs on its own, and only pays when you charge the trip, rental or phone to the card.

What counts in each category
Groceries
3% back Up to $10,000 in spending per year.
Restaurants
3% back Up to $6,000 in spending per year.
Travel
2% back Up to $20,000 in spending per year.
Entertainment
2% back
Transit
2% back Alternative transportation such as transit, taxis and bike share
Everything else (base rate)
1% back
  • Earn 2% cash back on Alternative transportation
  • Earn 2% cash back on Entertainment
How BONUSDOLLARS work, and why 100¢

We count BONUSDOLLARS at 100¢ each, a typical value when you use them well. Depending on how you use them, they’re usually worth 90¢ to 100¢.

We set one value per points program and use it on every card in that program, so you can compare points cards and cash back cards on the same scale.

These are example budgets to compare cards side by side, not averages. Your own spending will give a different number.

Checked on Nov 8, 2026. Source

Welcome offer

Can your spending get the offer?

  1. 1

    $130

    Get approved for the card.

Offer end date not published.

Offer checked on Nov 8, 2026. Source

Before you apply

Can I get it?

  • Age 18 or older 19 or older in BC, NB, NL, NS and the territories
  • Where you live Canada
  • Personal income $80,000 or more Issuer says
  • Household income $150,000 or more Issuer says
  • Credit score No minimum on record Most banks don’t publish one, and we don’t guess.

Checked on Nov 8, 2026. Source

Mr. Loonie’s tip Each application shows up on your credit file. Leave a few months between card applications.

What critics say

Other reviewers on this card

6.9
Fair
Expert Score How we score
  • Milesopedia (opens in a new tab) Nov 2025

    “The Desjardins Odyssey World Elite Mastercard is a premium Desjardins credit card for those who travel regularly and wish to maximize their BONUSDOLLARS. The peace of mind it provides while travelling amply justifies its annual cost.”

  • Money.ca (opens in a new tab) Mar 2025
    6

    “If you value travel insurance or you’re already a Desjardins client, you may want to seriously consider the Desjardins Odyssey® World Elite® Mastercard. The annual fee of $130 is easily off-set by the combined value of the card’s rewards accrual rates, lounge access, comprehensive travel insurance package and mobile device insurance.”

  • Finder (opens in a new tab) Jan 2021

    “If you regularly travel internationally, then this could be a solid option for a travel credit card, although the interest rate is higher than some of the alternatives, such as the Odyssey Visa Infinite Privilege card. However, the minimum annual income requirement is lower, so the Odyssey World Elite Mastercard is more attainable, even though you have to pay a higher interest rate.”

  • My Rate Compass (opens in a new tab) Sep 2020
    6

    “This unique Mastercard from Desjardins stands in a league of its own. It is considered one of the best travel cards on the market, especially as it is a Mastercard and has wider coverage than Visa. With an interest rate of 19.99% and an annual fee of $130, you can use the Desjardins Odyssey® World Elite® Mastercard to travel the globe and make tons of purchases.”

  • GreedyRates.ca (opens in a new tab) Jul 2018

    “Proclaiming itself as ‘the must-have card for frequent flyers,’ this Desjardins credit card is ideal for cardholders who want a comprehensive free travel insurance program along with travel-related perks and rewards.”

What cardholders say

Ratings from people with this card

No ratings yet. If you have this card, tell others what it’s like.

Applied and weren’t approved?

Insurance and perks

What comes with it

  • Car rental damage Included
  • Extended warranty Included
  • Purchase protection Included
  • Travel accident Included
  • Travel medical $5,000,000 per person
  • Trip cancellation Included
  • Lost baggage Included
  • Baggage delay Included
  • Mobile device $1,500 per device
  • Lounges: Desjardins Odyssey Lounge 8 free visits
  • 8 Complimentary Lounge Access in Desjardins Odyssey Lounge at Montreal-Trudeau airport
  • Access to more than 1000 Loungkey airport lounges and restaurant, boutique and spa promotions
  • Get up to 25% off your hertz car rental and up to 10% off at Thrifty and Dollar
  • Mobile Device Insurance
  • Desjardins Identity Protection
  • Access to Boingo Wi-Fi
  • Trip Interruption and Cancellation Insurance
  • Lost, stolen or damaged baggage insurance
  • Mobile wallets Apple Pay, Google Pay
Coverage limits

We haven’t recorded the coverage limits for this card yet. Read Desjardins’ insurance certificate before you count on any coverage.

Not included

Not listed for this card: trip interruption and flight delay.

Fees and interest

What it costs

Annual fee
$130 a year
Purchase interest
20.9%
Cash advance interest
21.9%
Foreign currency fee
2.5%
All fees and rates

Fees

Extra cards
$40
Cash advance fee
$0.00
Balance transfer fee
$0.00
Over-limit fee
None
Late payment fee
None
Source
Issuer page

Interest rates

Balance transfer interest
21.9%
Source
Issuer page

Read the card terms and conditions for the full terms.

Checked on Nov 8, 2026. Source

Before you decide

Similar cards for the same spending

With typical spending. This card: $830 year one, $700 every year after.

See all cards ranked for your spending

Some of these links pay us when you apply, at no extra cost to you. Most don’t, and pay never changes our score. How we make money

Common questions

Questions people ask

What is the annual fee on the Desjardins Odyssey World Elite Mastercard?

$130 a year. Each extra card costs $40.

How much is the Desjardins Odyssey World Elite Mastercard welcome offer worth?

$130 when you are approved, worth about $130.

What income do I need?

Desjardins asks for $80,000 in personal income.

Does it charge a foreign transaction fee?

Yes, 2.5% on purchases in other currencies.

What is the interest rate?

20.9% on purchases. Cash advances are 21.9%.

Does it include insurance?

It lists extended warranty, purchase protection, mobile device insurance and desjardins identity protection. Read the insurance certificate for the limits.

Rates, fees and offers come from the card issuers and change often. We work to keep this page accurate and current, but it may contain mistakes, so always check the issuer’s terms before you apply. This page is general information and isn’t financial advice.

Spot something wrong? We’ll check it with the bank. Suggest a correction

Card names, logos and trademarks belong to their owners. No issuer wrote, paid for or approved what we say about this card. Our scores and opinions are our own.

Mr. Loonie is independent and supported by affiliate links. We may earn a commission when you apply through some links, at no cost to you. How we make money

$830
year one for you
Apply now on Desjardins’ site (opens in a new tab)
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