Desjardins

Desjardins Cash Back Visa

Full earn rates, fees and benefits for the Desjardins Cash Back Visa.

Annual fee
$0
Typical credit · 600+
Desjardins Cash Back Visa💸 Cash Back

How you earn

  • Up to 2% cash back on eligible purchases in bonus categories
  • 2% on restaurants
  • 2% on entertainment purchases
  • 2% on alternative transportation
  • Up to 2% on pre-authorized payments
  • 0.5% cash back on all other purchases
  • Cash back is credited once minimum redemption threshold is reached

Built-in perks & coverage

Travel insurance (3-day coverage)

Emergency travel insurance for trips up to 3 days when eligible travel expenses are charged to the card, including emergency medical, baggage, and trip interruption coverage.

Emergency medical coverage

Up to $5 million per insured person for eligible emergency medical expenses during covered short-duration travel.

Trip cancellation and interruption coverage

Coverage for eligible trip cancellation or interruption expenses when travel is purchased with the card, subject to policy limits.

Baggage insurance

Coverage for lost, stolen, or delayed baggage up to defined limits when travelling under eligible conditions.

Mobile device insurance

Up to $1,000 coverage for eligible mobile devices against loss, theft, accidental damage, or mechanical failure when purchased or financed with the card.

Purchase protection

90-day protection against loss or damage for eligible items purchased with the card.

Extended warranty

Extends manufacturer warranty by up to 1 additional year on eligible purchases made with the card.

Car rental discounts

Discounts up to 15% with Hertz and up to 10% with Dollar and Thrifty when booking rentals using the card.

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Fraud protection

Zero liability protection for unauthorized transactions plus fraud monitoring and security alert services.

The verdict

What we like

  • No annual fee, making it highly accessible for broad consumer adoption
  • Simple cashback structure with up to 2% in everyday categories
  • Strong coverage of daily spend categories (restaurants, entertainment, transport, pre-authorized payments)
  • Automatic cash back redemption reduces user friction
  • Wide Visa acceptance network globally and domestically
  • Basic insurance suite included (travel, purchase protection, mobile device coverage)
  • Low barrier to entry for credit building and first-time cardholders

Worth noting

  • Low base cashback rate of 0.5% on non-category spend
  • Annual cap on accelerated earnings reduces long-term high-spend value
  • No welcome bonus or acquisition incentive
  • Foreign transaction fee (~2.5%) reduces travel usability
  • Category classification depends on MCC codes, which may be inconsistent
  • Lower overall value compared to World Elite cashback products

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