Desjardins Flexi Visa
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The Desjardins Flexi Visa Card is a no-annual-fee card that offers low interest rates and useful benefits. It is designed for those looking to save on interest while enjoying essential credit card features.
Welcome Offer
No specific welcome offer is detailed.
Summary
- Annual Fee: None
- Interest Rates: 10.9% for purchases, 12.9% for cash advances
Rewards
- No specific rewards program.
Benefits
- Travel Insurance: Coverage for trips of 3 days or less, including emergency healthcare up to $5 million, trip cancellation up to $500 per person, and baggage insurance up to $500 per person.
- Car Rental Discounts: Up to 15% off at Hertz, Thrifty, and Dollar, with additional benefits like no extra fees for young drivers and additional drivers.
- Mobile Device Insurance: Coverage up to $1,000 for loss, theft, accidental damage, or mechanical failure of your mobile device.
Insurance
- Purchase Protection: Covers eligible items against loss or damage for 90 days from the purchase date.
- Extended Warranty: Doubles the original manufacturer’s warranty up to one additional year.
- Travel Insurance: Includes emergency healthcare, trip cancellation, and baggage insurance.
Editor’s Review
Desjardins Flexi Visa Review
Overview
The Desjardins Flexi Visa card is a versatile, no-annual-fee credit card designed for individuals seeking flexible payment options and essential benefits.
Key Features
- Interest Rates: Variable; 10.9% or 12.9% on purchases, depending on your creditworthiness
- Rewards: No specific rewards program
- Fees: No annual fee
- Benefits:
- Purchase Protection and Extended Warranty
- Zero Liability for fraud protection
- Option to defer payments or make installment payments on large purchases
Pros and Cons
Pros:
- No annual fee
- Low-interest rate options
- Payment flexibility
Cons:
- No rewards program
- Interest rate depends on creditworthiness
Who is this card for?
This card is ideal for individuals seeking a no-annual-fee card with low-interest rate options and flexible payment plans for larger purchases.
Comparison Table
| Feature | Desjardins Flexi Visa | Competitor Card 1 | Competitor Card 2 |
|---|---|---|---|
| Annual Fee | $0 | $0 | $99 |
| Interest Rate | 10.9% or 12.9% | 19.99% | 20.99% |
| Rewards | None | 1% cash back | 2% travel points |
| Introductory Offer | None | $200 cash bonus (conditions apply) | 50,000 points (conditions apply) |
Final Verdict
The Desjardins Flexi Visa card is a practical choice for individuals who prioritize low-interest rates and flexible payment options over rewards. The absence of an annual fee combined with purchase protection and fraud liability makes it a reliable option for budget-conscious users. However, the lack of a rewards program might be a drawback for those looking to earn points or cash back on their purchases. Overall, this card scores a 7.5 out of 10 for its flexibility and practical benefits.
Disclaimer: Refer to the official credit card web page for the latest rates, terms, and conditions. Nothing in the Site constitutes professional and/or financial advice, nor does any information on the Site constitute professional and/or financial advice.
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