Visa Modulo Gold Review
Recommended Credit Score:
670 900
Average to Excellent
$0
Welcome Bonus Value
$50
Annual Fee
10.9%
Purchase Interest Rate
NA
Min Personal Required
Visa Modulo Gold
My Rate Compass Rating: star star star_half star_outline star_outline (2.9)
Bank Name:DesJardins
Network Type:VISA
Card Details

Desjardins Modulo Visa Review



Low interest rate Enjoy a low fixed annual interest rate on all your purchases and cash advances.

Desjardins BONUSDOLLARS Rewards Program Turn your purchases into trips, gift rewards and more.

Travel Insurance:For the first 3 days of your trips. Mobile Device Insurance: Protect your cellphone, smartphone or tablet.
Insurance
  • Priority airport services No
  • Airport lounge access No
  • Concierge service No
  • Balance protection(Optional) No
  • Purchase Security & Extended Protection Insurance Yes
  • Flight delay insurance,Baggage Insurance No
  • Vehicule rental insurance No
  • Travel accident insurance No
  • Travel medical insurance Yes
Fees and Eligibility
Fees
  • Annual Fee: $50
  • Additional Card Fee: $10
  • Purchases Interest Rate: 10.9%
  • Cash Advance Interest Rate: 22.99%
Eligibility
  • You're a Canadian resident
  • You've reached the age of majority in your province or territory
Recommended Credit Score:
670 900
Average to Excellent
Our Rating
My Rate Compass Rating: star star star_half star_outline star_outline (2.9)
Rating Methodology: My Rate Compass's ratings are determined by our editorial team. Our editors rate credit cards objectively based on the benefits and features the credit card offers, interest rates, the fees, and how a credit card compares with other cards in its category. Credit card rating methodology
Editorial Guidelines: Learn more about our editorial guidelines here.
Pros and Cons
Better security through chip technology 21-day grace period to pay your bill without incurring credit charges No transaction fees Visa payWave contactless technology Verified by Visa

Travel Insurance:For the first 3 days of your trips.

Mobile Device Insurance: Protect your cellphone, smartphone or tablet.
Editor's Review

Modulo is a Desjardins card that caters to Canadians who want to consolidate their debt and enjoy a very good interest rate. With an interest rate of just 10.99% and 1% cashback, this card could give you the best of both worlds: low-interest rate and great rewards.

 

The only requirement is the annual fee of $50, which is quite symbolic. It's not an exorbitant amount, especially if you're using the card on a regular basis. You can quickly recoup the $50 yearly fee by paying less on the interest rate for balance transfers, purchases and cash advances.

 

With the Desjardins Modulo Visa, you receive mobile device insurance, travel insurance, purchase protection for 90 days and extended warranty for 1 year. It's important to know that this card only offers travel insurance for the first 3 days. During this time, you get complete travel assistance, including urgent cash advances, concierge, lost documents & luggage.

 

This card is perfect for Canadians who want to consolidate their debt, escape the regular high-interest rates and need to benefit from the standard 1% cashback on purchases.

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