$0
Annual fee
Last updated: March 20, 2022
The Desjardins Cash Back Mastercard is a solid choice for big-city dwellers looking to earn cash back on frequent urban expenses.
It's also useful for some types of travel insurance, and while not entirely comprehensive, it does offer some notable coverage for a card with no annual fee.
Canada’s 8 Best No Fee Credit Cards
Read moreAnnual Fee
Free
Additional Card
Free
With no bonus or fee, this card serves light spenders who want simple cash back without the pressure to justify annual costs or meet thresholds – a rare pure-simplicity play in a market crowded with promotional gimmicks.
| Category | Rate |
|---|---|
| Bills | 2% |
| Dining | 2% |
| Transit | 2% |
| Everything Else | 0.5% |
If your budget skews toward transit, dining, and recurring bills rather than groceries, this card punches well above its no-fee weight class – pair it with a dedicated grocery earner to cover the gap.
No annual fee
First Year FreeTravel & mobile insurance
Travel InsuranceCar rental discounts
TravelThe car rental discounts – waiving young driver and additional driver surcharges – can save $15–30 per day on family road trips, while the travel and mobile insurance provide baseline coverage at no annual cost.
Underwritten by American Bankers Insurance Company of Florida
| Coverage | Maximum | Details |
|---|---|---|
| Emergency Medical | Not included | — |
| Trip Cancellation | Not included | — |
| Trip Interruption | Not included | — |
| Trip Delay | Not included | — |
| Baggage Delay | Not included | — |
| Baggage Loss | Not included | — |
| Rental Car (CDW/LDW) | Not included | — |
| Purchase Protection | $50,000/year | 90-day coverage |
| Extended Warranty | +1 year | — |
| Mobile Device | Included | $1,000/claim |
View Certificate of Insurance (PDF)
Strong purchase protection for a no-fee card, but zero travel medical or trip coverage – pair this with a dedicated travel card if you're leaving the country.
Last updated: March 20, 2022
