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Desjardins Credit Score 2022: Get Your Free Credit Score in Canada

Desjardins is one of the largest financial cooperatives in North America.

If you are a client, you can check your Desjardins credit score by simply accessing your online account on a computer or smartphone.

The credit score you view on your AccèsD dashboard is from TransUnion, one of Canada’s two main credit bureaus.

Desjardins is one of many Canadian financial institutions that now offer free credit scores and reports.

Others are RBC, BMO, CIBC, and Scotiabank.

Read on to learn about how to access your credit scores in just a few clicks.

How To Check Your Desjardins Credit Score

If you have a Desjardins account, sign in to AccèsD to see your dashboard.

Click on “More Options” in the menu on the right-hand or on “More” if you are on the mobile app.

Click on credit score to view your TransUnion credit score.

You can also view your credit report using the TransUnion CreditView dashboard.

This service is free and is available to all Desjardins customers.

If you are interested in projecting or estimating how your credit score will respond to certain actions (such as increasing your credit limit), you can play around with the Score Simulator.

Desjardins Credit Score Check

Your account score is a three-digit number ranging from 300 to 900. The higher your score, the higher your chances of qualifying for credit.

Credit scores measure your creditworthiness and banks use them to assess whether you have been responsible with paying off your debts.

When you check your credit score via Desjardins, it is considered a soft inquiry” and does not impact your score.

If you apply for a Desjardins credit card and they pull your credit history, this is considered a “hard inquiry”.

Hard inquiries can lower your credit score by a few points.

Desjardins TransUnion Credit Report

Your credit report shows your credit history over the years including the accounts you have opened, credit limits, payment history, employment history, and public information such as bankruptcies, judgements, and collections.

The information in your TransUnion credit report is used to calculate your credit score.

You can also get a copy of your Consumer Disclosure or credit report directly by contacting TransUnion.

How To Increase Your Desjardins Credit Score

To increase your credit score:

  • Pay your bills on time
  • Limit your credit applications
  • Use only a small portion of your credit limit i.e. 30% or less
  • Check your credit report for errors and dispute errors when you notice them
  • Keep old credit cards active

Free Credit Score Check in Canada

Desjardins only provides your TransUnion credit score. If you want to view your Equifax credit score, you can use these services:

Borrowell

Borrowell offers access to your free Equifax credit score on a weekly basis. This service has been around since 2016 and has served 2+ million Canadians.

You also get your Equifax credit report. Check your score or read our review.

Mogo

Mogo is a financial technology company that provides free monthly access to your Equifax credit score when you get the MogoCard.

MogoCard is a free prepaid Visa card that offsets your carbon emissions when you make purchases and pay with the card.

Learn more about how it works.

You can also get your credit score by contacting Equifax directly using its online service.

Desjardins Credit Score FAQs

What credit bureau does Desjardins use?

Desjardins credit score is from TransUnion.

How often is the Desjardins credit score updated?

The TransUnion credit score you can view on your Desjardins AccèsD dashboard is updated once a month.

Will checking my credit score affect it?

No, checking your own credit score does not affect it.

What is a good credit score for Desjardins?

To qualify for a Desjardins credit card or loan, you will generally need a good credit score of 700 or higher.

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Author

Gravatar for Enoch Omololu, MSc (Econ)
Enoch Omololu, MSc (Econ)

Enoch Omololu is a personal finance expert and a veterinarian. He has a master’s degree in Finance and Investment Management from the University of Aberdeen Business School (Scotland) and has completed several courses and certificates in finance, including the Canadian Securities Course. He also has an MSc. in Agricultural Economics from the University of Manitoba and a Doctor of Veterinary Medicine degree from the University of Ibadan. Enoch is passionate about helping others win with their finances and has been writing about money matters for over a decade. He has been featured or quoted in The Globe and Mail, Winnipeg Free Press, Wealthsimple, CBC News, Financial Post, Toronto Star, CTV News, Canadian Securities Exchange, Credit Canada, National Post, and many other personal finance publications. You can learn more about him on the About Page.

His top investment tools include Wealthsimple and Questrade. He earns cash back on purchases using KOHO, monitors his credit score for free using Borrowell, and earns interest on savings through EQ Bank.

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