Desjardins Cash Back World Elite Mastercard
High-income households that spend heavily on groceries and dining and want maximum cash back.
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
One of Canada's best grocery cash back cards, returning up to $400 a year on groceries alone for a $100 fee; the weak 3-day travel insurance is the main gap.
Reward rates
Groceries 4% on the first $10,000 in annual grocery purchases, then 1% | 4% |
Restaurants 3% on the first $6,000 in annual restaurant purchases, then 1% | 3% |
Entertainment | 3% |
Alternative transportation | 3% |
All other purchases | 1% |
Pros
- Market-leading 4% on groceries and 3% on dining, entertainment and transit
- Strong purchase protections and rental car coverage for the fee
Cons
- Travel medical insurance only covers trips up to 3 days
- Annual caps of $10,000 (groceries) and $6,000 (restaurants) on elevated rates
- $80,000 personal income requirement
Perks
- 4% cash back on groceries, one of the highest rates in Canada
- Mastercard Travel Pass (DragonPass) lounge access at 1,300+ lounges (US$32 per visit)
- Complimentary Flexiroam 3x1GB global eSIM data plan
- Car rental discounts at Hertz (up to 25%), Thrifty and Dollar
- Mobile device insurance up to $1,500
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
- Auto rental collision/loss damage (up to 48 days)
- Mobile device insurance up to $1,500
- Purchase protection (120 days) and extended warranty (+2 years)
Frequently asked questions
Is the Desjardins Cash Back World Elite Mastercard worth it?
It charges a $100 annual fee, and we rate it 4.1 out of 5. It's best suited to high-income households that spend heavily on groceries and dining and want maximum cash back. 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 World Elite Mastercard earn?
It earns 4% on groceries, 3% on restaurants and 3% on entertainment.
What credit score do you need for the Desjardins Cash Back World Elite Mastercard?
We'd suggest a score of around 725 or higher, which puts approval in our "hard" band. It also lists an income requirement of $80,000 personal or $150,000 household. 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 World Elite Mastercard Review.” VaultNerd, https://www.vaultnerd.com/ca/credit-cards/desjardins-cash-back-world-elite-mastercard, updated June 2026.
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