Desjardins Cash Back World Elite Mastercard Review

Prepare to experience a new echelon of rewards and privileges with the Desjardins Cash Back World Elite Mastercard! 

The Desjardins Cash Back World Elite Mastercard stands out with its robust rewards program and a wealth of features that cater to a sophisticated lifestyle, all for a reasonable annual fee. 

Whether you’re planning your next vacation, protecting your valuable purchases, or simply looking to get the most back from your daily expenditures, this card is poised to exceed your expectations. Get ready to embrace a more rewarding way to spend, where your loyalty is genuinely valued and generously compensated!

CREDIT CARD

Desjardins Cash Back World Elite Mastercard

up to 4% cash back Travel Perks

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Ways to Benefit: A World of Elite Advantages

1. Exceptional Cash Back on Groceries (Up to 4%): Turn your grocery shopping into a highly rewarding activity! With this card, you can earn an incredible up to 4% cash back on eligible grocery purchases. 
2. Delicious Rewards on Dining (Up to 3%): Savor every bite and every moment when you dine out, knowing you’re earning a delightful up to 3% cash back on eligible restaurant purchases. Whether it’s a casual brunch, a family dinner, or a celebratory meal, your culinary experiences become even more satisfying as the rewards pile up.
3. Generous Cash Back on Entertainment (3%): Make your leisure time even more enjoyable with 3% cash back on eligible entertainment purchases! This fantastic rate applies to a wide array of fun activities, from movie tickets and concerts to amusement parks and cultural events. 
4. Rewarding Alternative Transportation (3%): Whether you’re commuting to work or exploring the city, earn 3% cash back on eligible alternative transportation purchases.It’s a forward-thinking reward that aligns with modern commuting habits and helps you save as you move.
5. Solid 1% Cash Back on All Other Purchases: Beyond the accelerated categories, every other eligible purchase you make with your Desjardins Cash Back World Elite Mastercard still earns you a reliable 1% cash back. From online shopping and bill payments to home decor and travel bookings not covered in bonus categories, you’re consistently earning.
6. Mastercard Travel Pass provided by DragonPass: Elevate your airport experience! As a cardholder, you receive complimentary membership to Mastercard Travel Pass provided by DragonPass. 

Who Can Apply: Eligibility for Elite Status

To be eligible for the prestigious Desjardins Cash Back World Elite Mastercard, applicants typically need to meet higher criteria, reflecting the premium nature of the card:

• Age of Majority: You must have reached the age of majority in your Canadian province or territory of residence.
• Canadian Resident: You must be a permanent resident of Canada.
• Minimum Annual Income: A minimum personal annual income of $80,000 OR a minimum household annual income of $150,000 is generally required.¹⁷
• Good to Excellent Credit Score: A strong credit history and a good to excellent credit score (typically 700 or higher) are essential for approval. Desjardins will perform a credit check to assess your creditworthiness.
• Not Undischarged Bankrupt: You must not be an undischarged bankrupt.
• Desjardins Membership: While not always mandatory for application, being a Desjardins member can sometimes offer advantages, such as reduced fees for supplementary cards.

Meeting these criteria is a prerequisite, but final approval is subject to Desjardins’ overall assessment of your application and credit profile.

How to Apply: Steps to Your Premium Card

Applying for the Desjardins Cash Back World Elite Mastercard can typically be done online, offering a convenient and efficient process:

1. Visit the Official Desjardins Website: Navigate to the Desjardins credit card section and find the page specifically for the Cash Back World Elite Mastercard.
2. Review Card Details: Thoroughly review all the card’s features, benefits, cash back structure, fees (including the annual fee of $100), and interest rates to ensure it aligns with your financial habits and goals.
3. Click to Apply: Look for an “Apply Now” or similar button to start the secure online application.
4. Provide Necessary Information: Be prepared to fill out the application form with your:
   • Personal details (full name, date of birth, contact information).
   • Social Insurance Number (SIN) – often requested to facilitate the credit check.
   • Employment information (occupation, employer, income details).¹⁸
   • Financial information (assets, liabilities, housing costs).
5. Consent to Credit Check: You will need to authorize Desjardins to perform a credit check as part of their assessment process.
6. Review and Submit: Carefully double-check all entered information for accuracy before submitting your application.
7. Await Decision: Desjardins will process your application. Some applications may receive an instant decision online, while others might take a few business days for review. You will be notified of their decision via email or mail.
8. Receive and Activate: If approved, your new card will be mailed to you. Upon receipt, you’ll need to activate it according to the provided instructions before you can start enjoying its many benefits.

You may also have the option to apply by phone or by visiting a Desjardins caisse (branch).

Frequently Asked Questions (FAQ)

Here are some common questions about the Desjardins Cash Back World Elite Mastercard:

1. What is the annual fee for this card?
   The annual fee for the primary cardholder is $100. Fees for additional cards may apply, though they are sometimes waived for Desjardins members (check current terms).
2. How do I redeem my cash back?
   Cash back redemption is automatic. When your cash back balance reaches $100, it will be automatically credited to your card statement.
3. What kind of travel insurance is included?
   It includes travel insurance for trips up to 3 days outside your province, covering emergency medical (up to $5 million), trip cancellation/interruption, and baggage issues.
4. Is there insurance for my mobile phone?
   Yes, Mobile Device Insurance up to $1,000 is included when you purchase your new device with the card, covering loss, theft, accidental damage, or mechanical failure for up to two years under specific conditions.
   

CREDIT CARD

Desjardins Cash Back World Elite Mastercard

up to 4% cash back Travel Perks

APPLY NOW You will be redirected