American Express Cobalt Card vs Desjardins Odyssey Visa Infinite Privilege
The short answer: for most people the American Express Cobalt Card is the better overall card — we rate it 4.8/5 and it shines if you want foodies and everyday spenders who want maximum points on dining and groceries. Choose the Desjardins Odyssey Visa Infinite Privilege instead if your priority is affluent quebec travellers who want luxury visa infinite privilege perks, generous earn rates and best-in-class travel insurance..
Advertiser disclosure: we may be compensated for links on this page. Our ratings stay independent. Learn more.
| Our rating | 4.8 | 4.2 |
|---|---|---|
| Annual fee | $192/yr | $295/yr |
| Welcome bonus | $300 | None |
| Foreign transaction fee | 2.5% | 2.5% |
| Rewards type | points | points |
| Top earn rates |
|
|
| Purchase interest | 21.99% | 11.9% |
| Income required | None stated | $150,000 personal |
| Best for | Foodies and everyday spenders who want maximum points on dining and groceries | Affluent Quebec travellers who want luxury Visa Infinite Privilege perks, generous earn rates and best-in-class travel insurance. |
| Apply now | Apply now |
American Express Cobalt Card
Our winnerThe Cobalt is the gold standard for food-and-grocery earning in Canada. If you spend heavily at restaurants and supermarkets and value flexible, transferable points, nothing else comes close.
Desjardins Odyssey Visa Infinite Privilege
Desjardins's flagship card pairs elite-tier earn rates and 60-day travel coverage with a rare sub-12% interest rate, though the rewards currency and lounge network skew heavily toward Quebec residents.
Frequently asked questions
Is the American Express Cobalt Card or the Desjardins Odyssey Visa Infinite Privilege better?
For most Canadians, the American Express Cobalt Card is the better overall pick (we rate it 4.8/5 vs 4.2/5). It's especially strong if you want foodies and everyday spenders who want maximum points on dining and groceries. The Desjardins Odyssey Visa Infinite Privilege can still win if you specifically want affluent quebec travellers who want luxury visa infinite privilege perks, generous earn rates and best-in-class travel insurance..
Which card has the lower annual fee?
The American Express Cobalt Card has the lower annual fee (a $192 annual fee vs a $295 annual fee).
Do either of these cards charge foreign transaction fees?
American Express Cobalt Card: 2.5% foreign transaction fee. Desjardins Odyssey Visa Infinite Privilege: 2.5% foreign transaction fee.