Desjardins · Visa
Business card
$60 with forty free employee cards and up to 1% cash back, tiered on your company's total annual spending. The rate is variable at prime plus 8.5%.
Rates and features verified 2026-08-18Full terms and conditionsHow we research cards
What we like, and what we don’t
Worth having
- Forty employee cards included at no additional cost, the most of any card in this comparison
- Up to 1% cash back across a tiered structure
- A maximum of $4,880 in cash back per period, which is a high ceiling
- Available to businesses banking through the Desjardins caisse network
Watch out for
- The "up to 1%" is tiered and only reached at the top of a $12,000 to $500,000 spending band
- The interest rate is variable at prime plus 8.5%, so it rises with the Bank of Canada
- It requires a Desjardins business relationship, which is concentrated in Quebec and Ontario
- A 2.5% foreign transaction fee
- Desjardins does not publish whether a personal guarantee is required
What this card earns
- Everything else
- 1%
- Bonus rates apply up to
- $4,880 of annual spending after that, the base rate
- Bonus categories at once
- 1 you choose which
The earning fine print
'Up to 1% of your purchases'. The rate is tiered and rises with total annual company purchases across a $12,000 to $500,000 band; the 1% top rate applies only at the high end. Maximum cash back per period is $4,880. Cash advances, cheques, interest, fees and enrolment costs do not qualify. Includes Visa SavingsEdge merchant discounts of up to 25%.
The welcome offer
- Also included
- The first-year annual fee is waived
What the offer actually requires
'No annual fee for 1 year' promotional offer on the primary card.
Fees and interest rates
- Annual fee
- $60 waived the first year
- Employee card
- Free
- Employee cards included
- 40
- Foreign transaction fee
- 2.5%
- Purchase APR
- Not published by the issuer
Who can get this card
- Existing account required
- Yes
- Personal guarantee required
- No you are personally liable for the balance
Insurance and benefits
- Mobile device
- $1,000
- Purchase protection
- Included
- Extended warranty
- Included
What the benefits really mean
MEMBERSHIP-BASED RESTRICTION, NOT GEOGRAPHIC: this card requires a Desjardins business relationship. Desjardins' caisse network is concentrated in Quebec with Ontario caisses; it does not operate a retail branch network in the rest of Canada, so practical availability outside QC/ON is limited even though no province is formally excluded. Purchase protection 90 days from purchase date; extended warranty doubles the manufacturer's warranty up to 1 additional year; mobile device insurance up to $1,000 for loss, theft, damage or mechanical failure. 21 days to pay off the balance without interest, except on cash advances. No minimum revenue or years-in-business requirement is published. Free employee cards: Additional cards carry no annual fee for Desjardins members. The primary fee drops to $40 per card when 5 or more cards are ordered. The issuer publishes a formula rather than a purchase rate: "Prime rate + 8.5%". We leave the rate field empty rather than publish arithmetic the issuer never published. The issuer publishes a formula rather than a cash advance rate: "Prime rate + 8.5%". We leave the rate field empty rather than publish arithmetic the issuer never published. APR is variable (prime + 8.5%), not fixed. It moves with the Bank of Canada. Most comparison tables show a stale fixed number. 'Up to 1%' is a tiered rate requiring very high annual company spend; a business spending $12,000/year does not earn 1%. The $4,880 annual cash back cap is a hard ceiling. The $60 fee is PER CARD, not per account. A five-employee business pays $200/year even at the discounted $40 rate. Requires an existing Desjardins business relationship, which is impractical outside Quebec and Ontario.
Our verdict
Forty free employee cards is not a typo, and for a business with a real payroll it is worth more than any rate difference in this comparison. A twenty person team costs $1,000 a year in card fees at most banks and nothing here beyond the $60.
The cash back is more modest than the headline suggests. Up to 1% is a tiered rate that climbs with total company spending across a band running from $12,000 to $500,000, so a business at the bottom of that range earns well under 1%. Treat the employee card economics as the reason to hold it and the cash back as a small extra.
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Where this came from. desjardins.com/en/business/credit-cards/visa-business.html ; desjardins.com/en/business/credit-cards/compare-cards.html ; desjardins.com/en/business/credit-cards.html (fetched 18 Aug 2026). We take every figure from the issuer’s own pages, never from another comparison site, and we leave a field blank rather than guess at it.