The Desjardins Odyssey World Elite Mastercard is a premium travel card built around BoniDollars, Desjardins’ rewards currency, with elevated rates on groceries, restaurants, and travel. It carries a $130 annual fee and requires a minimum personal income of $80,000, or $150,000 for household income.
The standout perk is airport lounge access: cardholders get 8 complimentary visits a year to the Desjardins Odyssey Lounge at Montreal-Trudeau Airport, on top of a comprehensive travel insurance package.
Because the higher earn rates apply to categories most households already spend in — groceries, dining, and travel — this card rewards everyday spending rather than requiring you to chase specific bonus categories.
Who This Card Makes Sense For
This card is a good fit if you:
- Meet the income threshold and spend regularly on groceries, dining, or travel
- Fly through Montreal-Trudeau Airport and can use the complimentary lounge visits
- Want comprehensive travel insurance covering trips up to 60 consecutive days
- Are already a Desjardins member and want your rewards to stay within that ecosystem
It’s a weaker fit if you:
- Don’t meet the $80,000 personal or $150,000 household income requirement
- Rarely fly out of Montreal, since the airport lounge benefit won’t see much use
- Spend mostly outside the bonus categories, where the rate drops to 1%
Eligibility and Documents Needed
Desjardins requires a minimum annual income of $80,000 for an individual applicant, or $150,000 for household income. Beyond the income threshold, expect the standard identity, employment, and contact details most Canadian credit card applications ask for.
You can apply online or by phone, and being an existing Desjardins member can make the process smoother since your financial details may already be on file.
How to Apply
Desjardins offers both an online application and phone applications at 1-877-847-8472. A specific approval or delivery timeline isn’t published on the main product page, so expect standard mailing after approval.
Fees and Conditions
The numbers that matter most:
- Annual fee: $130
- Additional cardholder fee: $40 per year
- Purchase interest rate: 20.9%
- Cash advance rate: 21.9%
BoniDollars build up at different rates depending on category, each with its own annual spending cap:
- Up to 3% on groceries, on the first $10,000 spent annually
- Up to 3% on restaurants, on the first $6,000 spent annually
- 2% on entertainment and alternative transportation
- Up to 2% on travel, on the first $20,000 spent annually
- 1% on all other purchases
A household hitting the grocery and restaurant caps alone could earn roughly $480 worth of BoniDollars a year in those two categories, which comfortably covers the $130 annual fee before counting travel or entertainment spending. That makes the math straightforward for anyone whose grocery and dining spending already runs close to those thresholds.
Travel coverage is extensive:
- Emergency medical insurance up to $5 million per person, for trips up to 60 consecutive days
- Trip cancellation coverage up to $2,500 per person before departure, unlimited after departure
- Baggage protection up to $1,000 per person
- Mobile device insurance up to $1,500
- Up to 25% off car rentals at Hertz
The 8 complimentary Desjardins Odyssey Lounge visits a year at Montreal-Trudeau apply specifically to that location, so the benefit is most valuable for travellers who regularly fly out of Montreal rather than other Canadian airports. The card also gives you a 21-day interest-free grace period on purchases, though cash advances start accruing interest immediately, with a daily cash advance limit of up to $5,000.
Purchase protection covers eligible items for 120 days against damage or theft, and mobile device insurance kicks in on top of that for phones and tablets charged to the card. Between the lounge access, the travel insurance package, and the category-based BoniDollars rates, this card is built for someone who travels a few times a year and wants one card handling both everyday rewards and trip protection.
Compared to Desjardins’ other premium travel cards, the Odyssey World Elite sits below the Visa Infinite Privilege tier but above the entry-level rewards cards, making it a mid-to-upper option for members who want meaningful travel perks without the highest income thresholds some ultra-premium cards require.
Frequently Asked Questions
What happens once I spend past the category caps?
Once you exceed the annual spending cap in groceries, restaurants, or travel, further spending in that category earns at the base 1% rate for the rest of the year.
Where is the airport lounge located?
The Desjardins Odyssey Lounge is at Montreal-Trudeau Airport (YUL). Cardholders get 8 complimentary visits per year.
What if I don’t meet the income requirement alone?
Desjardins accepts a household income of $150,000 as an alternative to the $80,000 individual income requirement.
Is there a fee for additional cardholders?
Yes, $40 per year for each additional cardholder.
How long does the travel insurance cover a single trip?
Comprehensive travel insurance covers trips up to 60 consecutive days.
