Highlights

  • No annual fee on the primary card or supplementary cards.
  • Up to 2% on selected spend.
  • Includes travel insurance for trips of up to 3 days, plus mobile-device insurance and purchase protection.

Who it suits: This no-fee card suits someone who can earn a strong return on restaurant, entertainment, or alternative-transportation spending and wants no annual fee on either the primary or supplementary cards. The travel insurance lasts only up to 3 days, and the card is less compelling if you take longer trips or most of your spending falls outside the selected categories.

Desjardins Cash Back Mastercard

Issuer: Desjardins
Network: Mastercard
Card type: Credit card
Annual fee: Free on the primary card and supplementary cards

Welcome offer

【September 7, 2026 update】 None

Official application link 🔗

Everyday spending

2%: restaurants, entertainment, and alternative transportation. Restaurant and pre-authorized-payment categories earn 2% on the first $3,600 of eligible spend each year, then 0.5% for the rest of that year.

0.5%: pre-authorized payments after that annual cap, plus other eligible purchases. Returns, cash advances, cheques, Accord D financing, interest, foreign-currency purchases, electronic transfers, money orders, and casino transactions do not earn. The merchant MCC determines the category.

Benefits and insurance

  • Car-rental discounts (Hertz, Thrifty and Dollar discounts)

Hertz offers up to 15% off the base rental rate, and Thrifty and Dollar offer up to 10%. At participating locations you can waive the young-driver fee and one additional-driver fee. Cash advances are up to $2,500 a day at a 21.9% annual rate, with interest from the transaction date. The purchase rate is 20.9%; pay the full balance within 21 days after the statement date and you can avoid purchase interest.

Official insurance certificate 🔗

  • Emergency Medical Insurance

Coverage is for a maximum of 3 days. Both the departure and return days count as full days, and a longer trip is not covered at all. The cardholder and eligible family members travelling for the entire trip must live in Canada at least six months a year and have provincial health insurance. Emergency medical coverage is up to $5,000,000 per person per trip for travellers aged 75 and under. The card must be activated and the account cannot be more than 90 days past due. Unstable pre-existing conditions are restricted, and claims must be filed within 90 days of the incident.

  • Trip Cancellation or Modification Insurance

Within the maximum 3-day coverage period, eligible trip costs must be charged to this card. Trip cancellation and modification coverage is up to $500 and $1,000 per person per trip, respectively. The card must be activated and the account cannot be more than 90 days past due. Unstable pre-existing conditions are restricted, and claims must be filed within 90 days of the incident.

  • Baggage Insurance

Within the maximum 3-day coverage period, eligible baggage loss is covered up to $500 per person per trip. The card must be activated and the account cannot be more than 90 days past due. Unstable pre-existing conditions are restricted, and claims must be filed within 90 days of the incident.

  • Travel Accident Insurance

Within the maximum 3-day coverage period, eligible common-carrier accidents are covered up to $10,000 per person per trip. The card must be activated and the account cannot be more than 90 days past due. Unstable pre-existing conditions are restricted, and claims must be filed within 90 days of the incident.

  • Mobile Device Insurance

A new phone paid in full with this card, or an eligible phone whose down payment and all monthly contract payments are charged to this card, can be covered up to $1,000 after depreciation and the deductible, with a maximum of one claim every 12 months.

  • Purchase Protection

New personal items paid in full that are lost, stolen, or damaged within 90 days can be repaired or replaced, up to $10,000 per item and $50,000 lifetime per account. Cash, perishables, motor vehicles, normal wear, and business use are not covered.

  • Extended Warranty

Eligible new items with an original warranty of five years or less can get up to one extra year. Get insurer approval before a repair or replacement.