Desjardins Cash Back World Elite Mastercard
Category cardWhat the roles mean
- Groceries: 4% cash back on up to $10,000 a year, plus 3% on restaurants, entertainment and transit
No welcome bonus.
Checked on Desjardins's own page October 23, 2026. See Desjardins's page
What it earns in a year
$584 back a year
After the $100 annual fee.
Based on $30,000 a year of spending ($9,600 groceries, $3,000 gas, $3,000 dining…). Welcome offer not included.
Try it with your own spending →
- Groceries (First $10,000 a year, then 1%): 4% back.
- Dining & restaurants (First $6,000 a year, then 1%): 3% back.
- Entertainment: 3% back.
- Transit (Alternative transportation: transit, taxis, limousines, buses and public EV charging stations): 3% back.
- Everything else: 1% back.
Highlighted = use this card here.
How to apply for the Desjardins Cash Back World Elite Mastercard
Check first
- Over $400,000 in assets instead of income: RRSPs, TFSAs, accounts, investments, cottages, rental properties; not cars or your home
- Check you qualify Income: $80,000 personal or $150,000 household. You need to live in Canada and be the age of majority in your province.
- Have this ready Your address and how long you've lived there, your employer and yearly income, and your monthly rent or mortgage. Your SIN is optional for a credit card; you can leave it blank.
- Expect a credit check Applying adds a hard inquiry to your credit report, which lowers your score a little for a few months. Space applications about 90 days apart.
- Apply on Desjardins's own site Apply online from the bank's product page. This isn't an affiliate link: we earn nothing if you apply.Apply on Desjardins's site →
How to use it
- Groceries: up to $10,000 a year at 4%
- Restaurants: up to $6,000 a year at 3%
- Entertainment, transit, taxis, public EV charging: 3%, no cap
- Gas, bills, travel, everything else: use another card. This one pays 1%
- Cash back: credited automatically each time you reach $100
- Example: $800/month groceries at 4% + $250/month dining at 3% = $474 a year, $374 after the fee
Key facts
- Annual fee
- $100
- Purchase interest
- 20.9%
- Foreign currency fee
- 2.5%
- Min. personal income
- $80,000
- Min. household income
- $150,000
- Rewards
- Cash back
Annual fee waiver
- None
From desjardins.com product page (EN), checked October 23, 2026. Not an affiliate link.
More Desjardins cards
Rogers Red World Elite
- This card: groceries, dining & restaurants, transit, entertainment
- Rogers Red World Elite: gas / ev, bills & subscriptions, travel, drugstore / pharmacy, everything else
- Together: $740 a year after both fees, vs $584 with this card alone
- Rogers pays 2% with an active Rogers, Fido or Shaw service, 1.5% without
If your stores take Amex: Scotiabank Gold Amex for groceries, gas / ev, dining & restaurants, entertainment makes it $788 a year. Costco and Loblaw-banner grocers don't take Amex.
Computed on our standard household ($30,000 a year): each kind of spending goes to whichever card pays more, both fees taken off. Partners are everyday, category and churning cards on Visa or Mastercard. Points at their simplest redemption. Welcome offers not included.
Pros
- 4% on groceries, 3% on restaurants, entertainment and transit
- $100 a year, less than most 4% grocery cards
- Cash back paid automatically, no points to value
- Rental car cover pays first if you decline the agency's
- $1,500 phone insurance
- Mastercard: works at Costco (groceries there earn 1%)
Cons
- $100 a year, not waived in year one; $30 per extra card
- Income: $80,000 personal or $150,000 household (or $400,000 in assets)
- No welcome offer
- Caps: groceries $10,000, restaurants $6,000 a year, then 1%
- 1% on gas
- Travel insurance only for trips of 3 days or less; a longer trip isn't covered at all unless you buy an extension
- 2.5% on foreign-currency purchases
Insurance included
- Travel medical: $5 million, trips of 3 days or less, age 75 and under
- Trip cancellation: $500 per person before departure, $1,000 during the trip
- Bags: $500 per person, lost, stolen or delayed over 6 hours
- Rental car damage: up to 48 days, cars up to $85,000; pays first if you decline the agency's cover
- Phone: $1,500 for loss, theft, damage or breakdown
- Purchases: 120 days of theft/damage cover; warranty doubled, up to +2 years
Maximums as Desjardins lists them. Conditions apply; the insurance certificate decides claims.
Perks
- Mastercard Travel Pass: 1,300+ airport lounges, US$32 a visit
- FlexiRoam eSIM: 3 x 1 GB of free roaming data, 15% off more
- Hertz: up to 25% off, no young-driver or extra-driver fee; Thrifty and Dollar up to 10% off
Other cards for groceries
Back a year on $9,600 of groceries, caps included. Points at best-case value. Before annual fees.
| Card | Earns on groceries | Back a year | Annual fee | Terms checked |
|---|---|---|---|---|
| Amex Cobalt | 5× points≈ 10.0% in value | $960 | $192 | October 21, 2026 |
| Scotiabank Gold Amex | 6× points | $576 | $120 | November 2, 2026 |
| Neo World Elite Mastercard | 5% back | $480 | $149 | October 21, 2026 |
| National Bank World Elite Mastercard | 5× points | $480 | $150 | October 21, 2026 |
| Desjardins Cash Back World Elite Mastercard | 4% back | $384 | $100 | October 23, 2026 |
| SimplyCash Preferred | 4% back | $384 | $120 | October 21, 2026 |
Other cards for dining & restaurants
Back a year on $3,000 of dining & restaurants, caps included. Points at best-case value. Before annual fees.
| Card | Earns on dining & restaurants | Back a year | Annual fee | Terms checked |
|---|---|---|---|---|
| Amex Cobalt | 5× points≈ 10.0% in value | $300 | $192 | October 21, 2026 |
| Scotiabank Gold Amex | 5× points | $150 | $120 | November 2, 2026 |
| National Bank World Elite Mastercard | 5× points | $150 | $150 | October 21, 2026 |
| Simplii Cash Back Visa | 4% back | $120 | $0 | October 21, 2026 |
| RBC British Airways Visa Infinite | 2× points≈ 4.0% in value | $120 | $165 | October 23, 2026 |
| Desjardins Odyssey Visa Infinite Privilege | 4% back | $120 | $395 | October 21, 2026 |
| Desjardins Cash Back World Elite Mastercard | 3% back | $90 | $100 | October 23, 2026 |
How the offer has changed
One row per check of Desjardins's page, newest first. Old rows are never edited.
| Checked | Welcome offer | Fee, year one | Ends |
|---|---|---|---|
| October 23, 2026 | None advertisedFirst row (card added to the library). 4% groceries (to $10,000/yr), 3% restaurants (to $6,000/yr), 3% entertainment and alternative transportation, 1% else. Insurance certificate (2020) shows lower mobile/purchase limits than the page | $100, not rebated yr 1 (+ $30 additional card) | n/a |
General information, not financial advice. Offers change; confirm on Desjardins's page before you apply.