Desjardins Cash Back Mastercard
Desjardins members who want no-fee cash back on dining, entertainment and recurring bills with bonus short-trip insurance.
VaultNerd estimate based on the card's tier and income requirements, not an official issuer cutoff. Approval also depends on income, debt, and credit history.
Our verdict
A surprisingly well-rounded no-fee cash back card with 2% in useful categories and short-trip travel insurance, though the 0.5% base rate and low category caps limit its ceiling.
Reward rates
Restaurants 2% on the first $3,600 in annual restaurant purchases, then 0.5% | 2% |
Entertainment | 2% |
Alternative transportation Public transit, taxis, buses and EV charging stations | 2% |
Pre-authorized payments 2% on the first $3,600 in annual pre-authorized payments, then 0.5% | 2% |
All other purchases | 0.5% |
Pros
- Solid 2% categories on a no-fee card
- Rare no-fee card with travel medical insurance (3 days) and mobile device coverage
Cons
- Low 0.5% base rate on everything else
- $3,600 annual cap on the 2% restaurant and pre-authorized payment categories
Perks
- Free 3-day travel insurance for trips up to 3 days
- Mobile device insurance up to $1,000
- Car rental discounts at Hertz (up to 15%), Thrifty and Dollar
- No annual fee for additional cards
- Cash back automatically credited at $25 accumulated
Insurance
- Travel emergency medical up to $5M (trips up to 3 days, age 75 and under)
- Trip cancellation ($500 before / $1,000 after departure)
- Baggage insurance up to $500 per person
- Mobile device insurance up to $1,000
- Purchase protection (90 days) and extended warranty (+1 year)
Frequently asked questions
Is the Desjardins Cash Back Mastercard worth it?
It has no annual fee, and we rate it 3.6 out of 5. It's best suited to desjardins members who want no-fee cash back on dining, entertainment and recurring bills with bonus short-trip insurance. Whether it's worth it for you depends on your spending. Run your own numbers through our credit card finder to see the net rewards after the fee.
What does the Desjardins Cash Back Mastercard earn?
It earns 2% on restaurants, 2% on entertainment and 2% on alternative transportation.
What credit score do you need for the Desjardins Cash Back Mastercard?
We'd suggest a score of around 640 or higher, which puts approval in our "moderate" band. This is a VaultNerd estimate based on the card's tier and stated requirements. Approval also depends on your income, existing debt and credit history.
Researching and writing about Canadian personal finance since 2026.
Last reviewed June 2026 · How we research
“Desjardins Cash Back Mastercard Review.” VaultNerd, https://www.vaultnerd.com/ca/credit-cards/desjardins-cash-back-mastercard, updated June 2026.
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