Review - Desjardins Odyssey World Elite Mastercard | Milesopedia
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Review – Desjardins Odyssey World Elite Mastercard

To the point The Desjardins Odyssey World Elite Mastercard offers travel privileges while earning BONUSDOLLARS.

Desjardins Odyssey World Elite Mastercard - Main features

The Desjardins Odyssey World Elite Mastercard does not have a welcome offer when you sign up , unlike other credit cards, but it does offer many advantages. You can earn BONUSDOLLARS rewards on everyday purchases, and this card gives you peace of mind when travelling.

Desjardins Odyssey World Elite Mastercard - Fees

The annual fee is $130. The additional card is free for Desjardins members and $40 for non-members.

To be eligible for this card, you must meet one of these conditions:

  • a minimum annual individual income of $80,000 or ;
  • a minimum family income of $150,000 or ;
  • assets under management of $400,000 or more.

Desjardins Odyssey World Elite Mastercard - BONUSDOLLARS Accumulation

With the Desjardins Odyssey World Elite Mastercard, you can earn up to 3% of your purchases in BONUSDOLLARS.

To learn more about this Desjardins program, please see our guide to Bonidollars points here.

In addition, to find out which BONUSDOLLARS accumulation category your favourite merchants fall into, you can do so with this handy tool.

A percentage of the amount charged to the Desjardins Odyssey World Elite Mastercard is converted into BONUSDOLLARS, depending on the store where the purchase is made.

  • 3% on grocery purchases
  • 2% on restaurant purchases
  • 2% on entertainment purchases
  • 2% on purchases from public transportation
  • 1.5% for all other categories

For example, after a $100 purchase at the grocery store, 3 BONUSDOLLARS will be accumulated. A $200 purchase in entertainment will translate into 4 BONUSDOLLARS.

Desjardins Odyssey World Elite Mastercard - Travel Insurance

When travelling, this card offers full insurance coverage:

  • Health care
  • Trip Cancellation Insurance
  • Theft, loss or damage of luggage

All these protections are valid for the cardholder, his/her spouse and dependent children. Even grandchildren benefit from the intergenerational coverage at no cost, when they travel with the card holder.

Here is the Desjardins Odyssey World Elite Mastercard Travel Insurance Guide for all the conditions and coverages.

Medical insurance

Emergency Health Care coverage is up to $5,000,000 per person. It includes transportation, repatriation, living expenses and dental care. The duration of this protection depends on the age of the traveller.

  • 60 days for those 59 years or younger
  • 31 days for 60-64 year olds
  • 15 days for 65 to 75 years old

Trip Cancellation Insurance

Coverage is $2,500 per person if the trip is cancelled prior to departure. If the trip is cancelled after departure, coverage is unlimited.

However, the ticket must have been paid for with the Desjardins Odyssey World Elite Mastercard.

Theft, loss or damage of luggage

Compensation for lost, stolen or broken baggage caused by the carrier is up to $1,000 per person. It includes reimbursement of expenses if official documents (such as a passport) are stolen, damaged or lost.

If there is a baggage delay, the compensation can be up to $500. The duration of this coverage depends on the age of the traveler and there is no age limit (unlike medical insurance).

  • 60 days for those 59 years or younger
  • 31 days for 60-64 year olds
  • 15 days for those 65 and over

Travel Assistance Service

In addition, a travel assistance service is available for help if there is a problem:

  • loss of documents (passport, ID cards, etc.)
  • loss of travel documents (such as an airline ticket)
  • need a medical emergency or legal assistance.

Simply call Desjardins to start the process.

Access to the Odyssée Desjardins Lounge - Montreal-Trudeau International Airport

The Odyssey Desjardins lounge is located at Gate 63, in the international zone (domestic flights and flights to the United States are excluded).

The Desjardins Odyssey World Elite Mastercard offers 8 complimentary visits per year. Each person who enters the Desjardins Odyssey Lounge with the card is equivalent to one visit, including children over three years old.

Then, at the 9th access and the ones after, a 50% discount is granted. Regular admission is$42 for adults and $26 for children, before taxes.

To take advantage of this Lounge, you just need to present your boarding pass at the entrance of the lounge. It allows you to obtain free of charge before the flight:

  • hors d’oeuvre and beverages
  • access to newspapers and magazines
  • Wireless Internet

These 8 accesses have a value of up to $336, which more than offsets the annual card fee.

Mastercard benefits

With the Mastercard network, enjoy privileges to make your trip more enjoyable:

  • Membership of the LoungeKey Program, which provides access to over 1,000 airport lounges worldwide. The entrance fee is $32 USD per person
  • Access to Wi-Fi around the world, thanks to Boingo
  • Priceless Cities program, for exclusive experiences and events
  • Mastercard Travel Rewards shopping portal for premium brands

Car rental - Discounts and insurance

Rental vehicle theft and damage insurance is available for up to 48 consecutive days. The total cost of the rental must be charged to the card.

In order to be covered up to the actual value of the damaged or stolen rental vehicle, the rental company’s Collision Damage Waiver coverage offered must be declined.

Insurance for added protection and extended warranty

Enhanced coverage on eligible items is provided for loss or damage within 120 days of the date of purchase.

In addition, an extended warranty doubles the duration of the original manufacturer’s warranty by up to 2 years.

All items eligible for this protection and warranty must have been purchased with the card. The conditions are in the Insurance Guide.

Insurance for mobile devices

Compensation of up to $1,000 is available in the event of loss, theft, accidental damage or mechanical failure of a smartphone or tablet.

However, the following conditions must be met:

  • The purchase of the mobile device must have been paid with the Desjardins Odyssey World Elite Mastercard
  • The card must have been used to pay the initial costs and all monthly wireless bill payments, if financed with a plan purchase

A deductible is applicable according to the purchase price of the device. Other conditions can be found in the Mobile Device Insurance Guide.

Other credit cards for travel

Here are some other credit cards you might want to consider instead of the Desjardins Odyssey World Elite Mastercard, especially for their welcome bonuses:

Conclusion

With a good rate of accumulation on everyday purchases as well as on other expenses, the Desjardins Odyssey World Elite Mastercard is a good card to have in your wallet.

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