travel4.0 / 5

Desjardins Odyssey World Elite Mastercard

Desjardins

Best for

Quebec-based travellers who want top-tier travel insurance plus strong everyday rewards in one card.

Apply on Desjardins

Annual fee

$130

FX fee

2.5%

Purchase APR

20.9%

Income req.

$80,000 personal / $150,000 household

Recommended credit score

725+

Approval difficulty

Hard approval

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 compelling mid-premium travel card whose 60-day medical coverage and 3% grocery/dining earn make the $130 fee easy to justify for frequent travellers.

Reward rates

Groceries 3% in BONUSDOLLARS on the first $10,000 in annual grocery purchases, then 1%	3x
Restaurants 3% on the first $6,000 in annual restaurant purchases, then 1%	3x
Entertainment	2x
Alternative transportation	2x
Travel 2% on the first $20,000 in annual travel purchases, then 1%	2x
All other purchases	1x

VaultNerd values these points at ~1¢ each.

Pros

Standout 60-day comprehensive travel insurance
3% back on groceries and restaurants plus a solid 1% base rate
8 free Montreal-Trudeau lounge passes a year

Cons

BONUSDOLLARS locked to the Desjardins ecosystem
$80,000 personal income requirement
Lounge passes only useful for Montreal-based travellers

Perks

Comprehensive travel insurance for trips up to 60 consecutive days
8 free Desjardins Odyssey Lounge passes per year at Montreal-Trudeau airport
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

Insurance

Travel emergency medical up to $5M per person (up to 60 days, age-dependent)
Trip cancellation ($2,500 before departure, unlimited after departure)
Baggage insurance up to $1,000 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)

Disclaimer: This article is for informational purposes only and does not constitute financial, tax, or legal advice. Information may be simplified, incomplete, or out of date. Consult a licensed professional before making financial decisions. VaultNerd may receive compensation from partners featured on this site — this does not influence our editorial content.

Written by

The VaultNerd Team

Researching and writing about Canadian credit cards and rewards since 2026.

Cite this page

“Desjardins Odyssey World Elite Mastercard Review — VaultNerd” — VaultNerd, https://www.vaultnerd.com/credit-cards/desjardins-odyssey-world-elite-mastercard, updated June 2026.

Sources

Desjardins cardholder agreement and rates & fees disclosure
VaultNerd cards database