Desjardins and National Bank each offer a World Elite Mastercard credit card with travel rewards:
At first glance, they may seem to be identical, especially because of their name! But which one is the most advantageous?
Let’s look at each of their features in detail, to distinguish these two credit cards.
With the current welcome offer, receive up to 35,000 bonus points earned as follows:
What’s more, the annual fee is fully refunded in the first year.
Desjardins never offers a welcome bonus.
With a welcome offer, the National Bank World Elite Mastercard® is the winner! Her competitor never does, so it’s best not to get your hopes up.
Each calendar year, National Bank World Elite Mastercard® cardholders are entitled to a total of $150 applicable to certain travel-related expenses:
Unlike the National Bank card, Desjardins does not offer annual credits for travel expenses.
By reimbursing up to $150 in travel expenses, the National Bank World Elite Mastercard® wins this round.
It should be noted that these two cards share similar privileges, being World Elite Mastercard cards :
The National Bank card provides complimentary and unlimited access to the National Bank Lounge.
The cardholder, 1 guest and up to 2 children (under 12) can access the lounge on presentation of the National Bank World Elite Mastercard®.
This card offers eight free visits per year to the Desjardins Odyssey Lounge.
Each person who enters the Desjardins Odyssey Lounge with the card is equivalent to one visit, including children over three years old.
Then, after the 9th visit, a 50% discount is granted. Before taxes, regular admission is $42 for adults and $26 for children.
For unlimited access, the advantage goes to the National Bank World Elite Mastercard®. This is especially convenient for the cardholder and her/his family.
With the National Bank World Elite® Mastercard®, you can earn up to 5 points per dollar:
For the Grocery and Restaurant category, you will be able to earn 5 points per dollar up to $2,500 in total monthly purchases charged to the card.
With the Desjardins Odyssey World Elite Mastercard, you earn:
* Please note that from January 1, 2024, the accumulation will be different for grocery and restaurant expenses.
Between January 1 and December 31 of each year, the cumulative annual expenses made in the “Grocery” category will lead to the following earnings.
Then, cumulative annual spending in the “Restaurant” category will lead to the following accumulation:
With an accumulation rate of up to 5 points per dollar, the National Bank World Elite Mastercard® has the edge over the Desjardins card.
However, if you make many out-of-class purchases, you’ll be better off with Desjardins at 1.5% per dollar versus 1 point per dollar with the National Bank.
Both cards are known to have excellent insurance of all kinds.
The National Bank World Elite Mastercard® is one of the only credit cards in Canada to cover you even if you only pay part of the cost of your trip.
This travel coverage only protects the policyholder, his/her spouse and their dependent children.
The National Bank World Elite Mastercard® offers protection up to $5,000,000 per person, as follows:
For the luggage portion, the amount is a maximum of $ 1,000 per person.
Coverage will be provided if at least a portion of the cost of the trip has been charged to the account.
In addition, a travel assistance service is available for help if there is a problem:
Theft and breakage coverage is valid for 180 days from the date of purchase. In addition, an extended warranty triples the length of the original manufacturer’s warranty for up to 3 years, under certain conditions.
Up to $1,000 in compensation for a smartphone or tablet’s loss, theft, accidental damage or mechanical failure.
For full details, please refer to the National Bank World Elite Mastercard® Certificate of Insurance.
All these coverages are valid for the Desjardins Odyssey World Elite Mastercard credit cardholder, his/her spouse and dependent children. Even grandchildren benefit from the intergenerational coverage at no cost, when they travel with the holder.
Emergency Health Care coverage is up to $ 5,000,000 per person. The duration of these protections depends on the age of the traveller:
For baggage, the maximum amount is $1,000 per person.
Coverage for loss or damage is valid for 120 days from the date of purchase. In addition, an extended warranty doubles the duration of the original manufacturer’s warranty for up to 2 years, under certain conditions.
Up to $1,500 in compensation for loss, theft, accidental damage or mechanical failure of a smartphone or tablet.
For full details, please refer to the Desjardins Odyssey World Elite Mastercard Certificate of Insurance.
At this level, we cannot decide. In general, the insurances of the 2 cards are similar, with some differences. It’s up to you and your needs.
In fact, if you’re using rewards points to pay for part of the cost of your trip, the National Bank World Elite Mastercard® is perfect for you. In addition, it has an extended warranty period and longer protection for loss and damage.
Conversely, the Desjardins Odyssey World Elite Mastercard offers insurance for mobile devices that its competitor does not. Or if you’re between 55 and 59 and travel medical insurance is important, you’re better off with Desjardins.
The National Bank World Elite Mastercard requires :
You must have one of the following criteria to get a Desjardins Odyssey World Elite Mastercard:
Both World Elite Mastercard cards require the same criteria for enrollment.
So? Which Card is the winner?
First, it should be noted that both are great credit cards to use at Costco!
But in general, the National Bank World Elite Mastercard® has an edge when it comes to :
Conversely, the Desjardins Odyssey World Elite Mastercard has :
If you’ve ever had one of these two cards, what are your comments? Come and point them out in the Milesopedia Facebook group.
To see the other cards, check out our ranking of the best travel credit card offers in Canada.
Savings are here:
