The Desjardins Odyssey World Elite Mastercard is a credit card option that will give users a piece of mind during vacation. With an interest rate of 19.9% and an annual fee of $130, the deal grants cardholders with up to 60 days of comprehensive travel insurance.
With this credit card option, individuals gain $5,000,000 in travel medical insurance, $1,000,000 for travel accidents, $2,500 per person for trip cancellation, and an unlimited amount for trip interruption. The BONUSDOLLARS reward program guarantees up to 2% of one's purchases and users can use the points to access exclusive rewards like trips, gifts and more.
In addition, Desjardins Odyssey World Elite Mastercard provides a concierge service, as well as identity theft assistance, and if one is passing through the Montréal-Trudeau Airport, access is granted to the Desjardins Odyssey Lounge.
Insurance-Providing Credit Cards
The Desjardins Odyssey World Elite Mastercard is Travel-Friendly
Trend Themes
1. Travel-insurance Credit Cards - The market is opening up for credit cards that offer comprehensive travel insurance with additional perks like reward points and concierge services.
2. Medical-insurance Credit Cards - Credit cards offering medical insurance could become popular among consumers who are looking for a comprehensive range of financial services that go beyond traditional banking.
3. Exclusive-reward Credit Cards - Credit card companies are re-evaluating what customers look for in a rewards program, and are offering more personalized experiences like access to exclusive lounges, events, and services.
Industry Implications
1. Banking and Finance - Banks and other financial institutions could expand their services by offering credit cards with comprehensive travel and medical insurance.
2. Insurance - Insurance companies might partner with banks and credit card providers to offer cutomers a comprehensive travel and medical insurance plan together with a credit card at a competitive price.
3. Hospitality and Tourism - Hotels, airlines, and other travel-related companies could offer co-branded credit cards that provide travel benefits, access to VIP lounges, and exclusive rewards for their loyal customers.