Pros & Cons
Pros
- +Up to 4x on Groceries
- +Purchase protection included
- +Travel medical insurance included
Cons
- –Foreign Transaction Fee (2.5%)
Our Review
The Desjardins World Elite Mastercard is a cash back credit card.
With this card, you can earn:
- 4% cash back on grocery purchases (up to $10,000 in annual purchases – thereafter, the earn rate decreases to 1%)
- 3% cash back on restaurant purchases (up to $6,000 in annual purchases – thereafter, the earn rate decreases to 1%)
- 3% cash back on purchases in the Entertainment and Public Transit categories
- 1% cash back on your other purchases
In addition, this card offers several purchase insurance coverages:
- 90 days purchase insurance
- One year extended warranty
- Mobile Device Insurance
Rewards
All Spending
1x
Cash Back pts per dollar
Groceries
4x
Restaurants
3x
Transit
3x
Entertainment
3x
Credit Card Rewards Calculator
See how much you could earn with this card based on your spending.
Cashback earned
$672
$/yr
Estimated Value
$672
After Fees
+$572
1st Year Value
$572
incl. welcome bonus
Annual rewards breakdown
Travel Insurance
Travel Medical
Up to $5,000,000 / 3 days
Trip Cancellation
Up to $500
Trip Interruption
Up to $1,000
Delayed Baggage
Up to $500
Lost Baggage
Up to $500
Purchase Protection
Purchase Protection
Included
Extended Warranty
+2 year(s)
Mobile Device
Up to $1,500
Auto Rental
Up to $85,000 / 48 days
Interest Rates
- Purchase Rate20.9%
- Cash Advance21.9%
- Foreign Transaction Fee2.5%
Eligibility
Personal Income
$80,000
Household Income
$150,000
Terms & Conditions
Card Features
- 4% cash back on grocery purchases (up to $10,000 in annual purchases – thereafter, the earn rate decreases to 1%)
- 3% cash back on restaurant purchases (up to $6,000 in annual purchases – thereafter, the earn rate decreases to 1%)
- 3% cash back on purchases in the Entertainment and Public Transit categories
- 1% cash back on your other purchases
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Conditions apply. All information is believed accurate but not guaranteed. Card details, rewards, and offers are subject to change at any time. Always verify the latest terms on the issuer’s website before applying. François Charron may receive compensation through affiliate links. This does not affect our editorial choices or card rankings. © 2026 Desjardins. All trademarks are property of their respective owners.