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.
- 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
- Annual Fee: $50
- Additional Card Fee: $10
- Purchases Interest Rate: 10.9%
- Cash Advance Interest Rate: 22.99%
- You're a Canadian resident
- You've reached the age of majority in your province or territory
Travel Insurance:For the first 3 days of your trips.
Mobile Device Insurance: Protect your cellphone, smartphone or tablet.
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.