Desjardins Visa Odyssey Gold Review



Annual Fee


Annual Rewards


Intro Offer


Annual fee


Annual rewards


Intro offer


  • Comprehensive travel insurance coverage
  • 3-day trip cancellation and interruption insurance
  • No fees for additional cardholders
  • Reward points for everyday purchases
  • Access to Desjardins’ BONUSDOLLARS Program
  • 24/7 travel assistance services
  • Mobile device insurance included


  • Annual fee of $110
  • Limited reward point categories
  • Lower value in terms of rewards compared to other premium travel cards
  • No airport lounge access or travel benefits
  • No introductory offers or promotional rates

Performance test results

At DollarWise, for each credit card we test 7 different factors including the rewards, value for money, perks, insurance, strengths and weaknesses of the card.

You can see our full testing methodology here to learn why we’re the most trusted source for credit card reviews.

The Desjardins Visa Odyssey Gold has earned a 3.55 DollarWise Rating out of 5. This score is based on a weighted average of the two highest scoring factors (excluding acceptance and approval).




Interest rates




The highest scoring categories for the Desjardins Visa Odyssey Gold are insurance and interest.

These factors are weighted 70% to the highest scoring factor and 30% to the second highest score to get an overall review score.

This weighting allows us to judge cards on their merits and the customers they are designed for.

For the Desjardins Visa Odyssey Gold the most important factors for scoring this card are its insurance and interest.


With the Desjardins Visa Odyssey Gold, here’s the rates at which you earn rewards for different spending categories per dollar you spend:

Specific Stores1%
All Other Spend1%

Calculating your annual rewards

We estimate that spending $2,000 per month with the Desjardins Visa Odyssey Gold would earn $306 in rewards over the year.

Our performance testing research uses an accurate estimation of the average Canadian households spending patterns to predict the rewards a card will earn.

We found that you’d earn this per category:

All Other Spend$174

Our study investigating the value found that each dollar spent on the Desjardins Visa Odyssey Gold is worth up to $0.01, depending on how you redeem.

This $306 in rewards value puts the Desjardins Visa Odyssey Gold in the bottom 50% of credit cards in Canada based on rewards earned.

The average credit card in our database earns $337 in rewards for the same spend that the Desjardins Visa Odyssey Gold earns $306 in rewards value.

We can compare this card to other options by looking at the earn rate by category.

This earn rate is the percentage return that you would get when you spend on this card, assuming you redeem at the predicted maximum value.

For example, if a card earned 5 points per dollar on gas and each point is worth up to $0.02, then the earn rate is 5 points multiplied by $0.02 each, divided by the dollar you spent.

In this example, that’s a 10% earn rate on gas.

SpendThis CardAverage
Above, we’ve calculated the earn rate for the Desjardins Visa Odyssey Gold for every spend category and compared it to the average for all Canadian credit cards.
Redemption methodAnnual rewards
Redeem for travel$306
Gift cards$294
Movie rewards$306
Desjardins financial products$306

For an annual spend of $24,000, we estimated annual rewards value at up to $306.

That’s equivalent to a 1.28% return on spending.

The Desjardins Visa Odyssey Gold has an annual fee of $110. After deducting this, we predicted net annual rewards of $196.

This puts it in the bottom 40% of credit cards for net rewards after fees.

In comparison, the average card earns net annual rewards of $254.


The Desjardins Visa Odyssey Gold has a $110 annual fee.

The average card charges $85. So, the Desjardins Visa Odyssey Gold is in the top 40% of cards based on the cost of the annual fee.


We manually review the perks of each credit card to determine how they compare to other cards.

The Desjardins Visa Odyssey Gold scored a 1.2 out of 5 for perks, putting it in the bottom 50% of cards.

The average card scores 1.6 out of 5 for perks.

Interest Rates

Cash Advance19.9%
Balance Transfer19.9%

The average (median) credit card has a purchase interest rate of 19.99% and so the Desjardins Visa Odyssey Gold charges 0.09% less than the average.

For cash advances it costs 19.9% compared to the average of 19.96%.

Testing the Desjardins Visa Odyssey Gold with a $2,000 starting balance, you can see in the graph how the 0.09% less in interest rates impacts the interest over a year, compared to the average card.

Insurance coverage

InsuranceThis CardAverage
Extended Warranty1 year1 year
Purchase Protection90 days90 days
Travel Accident$1,000,000$500,000
Emergency Medical Term60 days15 days
Emergency Medical over 6515 days4 days
Trip Cancellation$2,500$1,500
Flight Delay$2,000$500
Baggage Delay$500$500
Lost or Stolen Baggage$1,000$1,000
Rental Car Theft & DamageYesNo
Mobile Phone Insurance$1,000$1,000

We scored it 3.7 out of 5 for insurance.

It offers 11 types of insurance, whereas the average card has 5 types of coverage.

Approval and qualifying

Do I qualify?
Estimated Credit Score760 – 900
Personal Income$0
Household Income$0
Annual Fee$110
Extra Card Fee$0
Card typeVisa

We scored it 2.5 out of 5 for approval.

We predict that you will require a credit score of at least 760 to qualify for the Desjardins Visa Odyssey Gold, while the average card requires 652 to qualify.

This puts it in the top top 10% of cards by approval difficulty.

The personal income requirements are $0, while the average card requires $23,896.

This puts it in the top 50% of cards by the income required to qualify.

The Desjardins Visa Odyssey Gold credit card is a popular travel and rewards credit card that offers numerous benefits, but also has a few drawbacks to keep in mind. In this review, we will discuss its earning potential, various advantages and disadvantages, and additional information for those considering this card.

Earning potential

With the Desjardins Visa Odyssey Gold credit card, cardholders earn 1 BONUSDOLLAR for every $1 spent on their card. This is equivalent to a 1% rewards rate, which is fairly standard for rewards credit cards. Unfortunately, this card does not provide enhanced rewards rates for specific categories such as dining, travel, or groceries.


  1. Travel Insurance: One of the primary advantages of the Desjardins Visa Odyssey Gold credit card is its travel insurance package.

    This extensive coverage includes emergency health care, trip cancellation and interruption, lost or delayed luggage, and even rental car insurance. This makes the card an excellent option for travelers who want extra peace of mind while on vacation.
  2. Flexible BONUSDOLLAR Rewards Redemption: Another significant advantage of this card is that there is no minimum purchase requirement to redeem BONUSDOLLAR rewards.

    These can be redeemed anytime and used as a statement credit to pay for new purchases, making it convenient and easy for cardholders to use their rewards.
  3. Complimentary Roadside Assistance Program: The Desjardins Visa Odyssey Gold offers a complimentary roadside assistance program. In the event of a flat tire, dead battery, or other automotive trouble, cardholders can access emergency services without incurring additional costs.

    This is especially valuable for those who frequently drive or travel by car.
  4. Purchase Protection and Extended Warranty Coverage: As a cardholder, you will also enjoy purchase protection and extended warranty coverage on items purchased with the card.

    This provides additional coverage in case of theft, damage, or items being lost within 90 days of purchase, as well as doubling the original manufacturer’s warranty for up to an additional one year.


  1. Drawback: One significant drawback of the Desjardins Visa Odyssey Gold credit card is its annual fee of $110. While the benefits can certainly outweigh this cost for frequent travelers, it’s essential for potential cardholders to consider if these advantages will justify the expense for them.
  2. Drawback: Another drawback is that the card does not offer enhanced rewards rates or bonus categories, as mentioned earlier. Cardholders who primarily spend on specific categories such as groceries or gas might find other cards to be more rewarding in terms of earning potential.

Additional information

In conclusion, the Desjardins Visa Odyssey Gold credit card is a solid option for travelers seeking comprehensive insurance coverage and additional benefits like roadside assistance.

However, its annual fee and lack of bonus categories make it potentially less attractive than some competing cards. Potential cardholders should carefully consider their spending habits and travel needs before deciding if this card is the right choice for them.

Interested in other credit cards? Canadians that like the Desjardins Visa Odyssey Gold credit card also like the Desjardins Cash Back Visa. If you’re looking for other options you should consider the Desjardins Cash Back Mastercard, and the Desjardins Odyssey Visa Infinite Privilege.


The Desjardins Visa Odyssey Gold credit card allows cardholders to redeem points for a variety of rewards. The primary redemption options include:

  • Travel rewards: Use your points to book flights, hotels, car rentals, vacation packages, and cruises through the À la carte Travel Agency or transfer your points to Aeroplan or Avios.
  • Gift cards: Redeem your points for gift cards from popular retailers, restaurants and entertainment options.
  • Merchandise rewards: Use your points to shop for a wide range of items including electronics, home appliances, and sports accessories through the À la carte Rewards catalogue.
  • Financial rewards: Cardholders can redeem points towards a financial product or services within the Desjardins family such as their mortgage, RRSP, RESP, or other eligible investment options.
  • Charitable donations: Donate your points to a charitable organization and make a positive impact.

The Desjardins Visa Odyssey Gold credit card charges a foreign transaction fee of 2.5% on all purchases made in a foreign currency. This fee is added to the converted amount of the purchase, which is calculated using the exchange rate set by Desjardins on the day of the transaction.

The Desjardins Visa Odyssey Gold credit card does not have a minimum income requirement. This means that applicants are not required to meet any specific annual income threshold in order to be eligible for this card.

Key benefits

  • 1% BONUSDOLLARS on eligible purchases
  • 1.5% BONUSDOLLARS on public transit, gas, and travel expenses
  • $5,000 minimum credit limit
  • Card replacement in case of loss or theft
  • Identity Theft Assistance service
  • Roadside Assistance available at an additional cost
  • Personalized alerts for fraud detection and account management
  • Purchase protection and extended warranty coverage
  • Contactless Visa payWave technology
  • Auto-rental collision and loss damage insurance
  • Up to $500,000 in common carrier accident insurance
  • Complimentary 22-day grace period for new card purchases

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