Desjardins Odyssey World Elite Mastercard
Skip for nowWhat the roles mean
- Groceries and restaurants: 3% back, up to $10,000 of groceries and $6,000 of dining a year
No welcome bonus.
Checked on Desjardins's own page October 21, 2026. See Desjardins's page
What it earns in a year
$464 back a year
After the $130 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%): 3% back.
- Dining & restaurants (First $6,000 a year, then 1%): 3% back.
- Travel (First $20,000 a year, then 1%): 2% back.
- Entertainment: 2% back.
- Transit: 2% back.
- Everything else: 1% back.
Highlighted = use this card here.
How to apply for the Desjardins Odyssey World Elite Mastercard
Check first
- Over $400,000 in assets instead of income: assets under management count
- 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 3%
- Restaurants: up to $6,000 a year at 3%
- Travel, entertainment, transit: 2% (travel up to $20,000 a year)
- Everything else: use another card. This one pays 1%
- Since October 19, 2026: new Desjardins card contract; the published fees, rates and 2.5% foreign-currency fee did not change
- Example: $800/month groceries + $250/month dining = $378 a year back, $248 after the $130 fee
Key facts
- Annual fee
- $130
- Purchase interest
- 20.9%
- Foreign currency fee
- 2.5%
- Min. personal income
- $80,000
- Min. household income
- $150,000
- Rewards
- Desjardins BONUSDOLLARSSee every Desjardins BONUSDOLLARS card
Annual fee waiver
- None
From desjardins.com product page (EN), checked October 17, 2026. Not an affiliate link.
More Desjardins cards
Neo World Elite Mastercard
- This card: dining & restaurants, travel, transit, drugstore / pharmacy, entertainment, everything else
- Neo World Elite Mastercard: groceries, gas / ev, bills & subscriptions
- Together: $675 a year after both fees, vs $464 with this card alone
If your stores take Amex: Scotiabank Gold Amex for groceries, gas / ev, dining & restaurants, transit, entertainment makes it $782 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
- 3% on groceries and restaurants
- 2% on travel, entertainment and transit
- BONUSDOLLARS are worth $1 each, simple to value
- Strong travel insurance: $5 million medical, 60 days
- $1,500 phone insurance
- 8 free passes a year to the Desjardins lounge at Montréal-Trudeau
Cons
- $130 a year, not waived in year one
- 1% on everything else
- Caps: groceries $10,000, dining $6,000, travel $20,000 a year, then 1%
- Other cards around $120 in our dataset pay 4-5% on groceries
- No welcome bonus
- Points can't be transferred to airlines or hotels, and can't be taken as a statement credit
- 2.5% on foreign-currency purchases
Insurance included
- Travel medical: $5 million, trips up to 60 days (shorter from 65)
- Trip cancellation: $2,500 per person
- Trip interruption: no limit
- Lost or damaged bags: $1,000 per person
- Delayed bags: $500 per person, after 6 hours
- Rental car damage: up to 48 days, cars up to $85,000
- Phone: $1,500 for loss, theft or damage
- 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
- Desjardins Odyssey Lounge (Montréal-Trudeau): 8 free passes a year, shared across the account
- FlexiRoam eSIM: 3 x 1 GB of free roaming data, 15% off more
- Mastercard Travel Pass: 1,300+ lounges, visits paid
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 |
| Desjardins Odyssey World Elite Mastercard | 3% back | $288 | $130 | 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 Odyssey World Elite Mastercard | 3% back | $90 | $130 | October 21, 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 21, 2026 | None advertisedUnchanged on the page. The contract-change notice is gone; the cardholder agreement outside Quebec is now dated effective October 19, 2026 (FX still 2.50%, penalty rate 19.90%, minimum payment 5%) | $130, not rebated yr 1 (+ $40 additional card) | n/a |
| October 17, 2026 | None advertisedUnchanged. Page notice: credit card contract changes effective October 19, 2026 (system modernization; details only in individual cardholder notices). Travel cap $20,000 confirmed; FX 2.5% confirmed in the cardholder agreement | $130, not rebated yr 1 (+ $40 additional card) | n/a |
General information, not financial advice. Offers change; confirm on Desjardins's page before you apply.