Best PC Mastercard credit cards in Canada
Updated: September 27, 2024
In early 2018, two of the most popular Canadian points programs, PC Plus and Shoppers Optimum, merged to become PC Optimum. This points program gives customers more opportunities to earn and spend their points at participating merchants.
Best of all, you can earn even more points with one of three PC Financial credit cards: The PC® MasterCard®, PC® World Elite Mastercard®, and PC® World Mastercard®.
Compare top PC Financial credit cards
PC Financial Mastercards | Fast facts | Get started |
---|---|---|
The PC® MasterCard® |
Earn rate:
- Earn 10 points per $1 spent everywhere. - Earn 30 points per $1 when purchasing travel through President’s Choice. - Earn 25 points per $1 at Shoppers Drug Mart and Pharmaprix. No minimum income requirement Subject to credit approval |
Apply now |
PC® World Mastercard® |
Earn rate:
- Earn 45 points per $1 spent at Shoppers Drug Mart/Pharmaprix - Earn 30 points per litre for gas purchased at Esso™ or Mobil™ stations - Earn 30 points per $1 spent at Loblaw banner Grocery Stores (includes Loblaws, No Frills, Valu-Mart, Independent Grocers, Zehrs, Real Canadian Superstore, Fortinos, etc.) - Earn 30 points per $1 spent on PC Travel services - Earn 10 points per $1 spent everywhere else Minimum income: $60,000 personal/year, $80,000year household Subject to credit approval |
Apply now |
PC® World Elite Mastercard® |
Earn rate:- Earn 45 points per $1 spent at Shoppers Drug Mart/Pharmaprix- Earn 30 points per litre for gas purchased at Esso™ or Mobil™ stations- Earn 30 points per $1 spent at Loblaw banner Grocery Stores (includes Loblaws, No Frills, Valu-Mart, Independent Grocers, Zehrs, Real Canadian Superstore, Fortinos, etc.)- Earn 30 points per $1 spent on PC Travel services- Earn 10 points per $1 spent everywhere else
Minimum income: $60,000 personal/year, $80,000year household Subject to credit approval Subject to credit approval |
Apply now |
PC Insiders™ World Elite Mastercard®. |
$120 annual fee
Earn rate: - Earn 40 points per $1 spent at Loblaw banner stores - Earn 50 points per $1 spent at Shoppers Drug Mart - Earn 40 per $1 spent at Joe Fresh stores - Earn 10 per $1 spent everywhere else Minimum income: $80,000 personal Subject to credit approval |
Apply now |
PC Financial Mastercard review
PC® Mastercard®
3.2
10 pts per $1
Welcome offerGood
Suggested credit scoreEarn 10 points per $1 spent at PC grocery stores
Pros
-
No annual fee, ideal for budget-conscious shoppers
-
Earn 10 points per $1 spent everywhere
-
Accelerated points at Esso, Shoppers Drug Mart, and PC Travel
-
Points redeemable at over 2,500 stores nationwide
-
Purchase insurance and extended warranties for added protection
Cons
-
Middle-of-the-road rewards compared to other no-fee cards
-
Limited redemption options compared to some competitors
-
Lacks introductory benefits like bonus points
-
Requires spending at specific stores for maximum benefits
-
Point value may seem low initially, despite earning potential
Eligibility
Good
Recommended Credit Score
$15,000
Required Annual Personal Income
Recommended Credit Score
Good
Required Annual Personal Income
$15,000
10 points
Earn 10 points per $1 spent everywhere
2 cents
Earn 2c per litre in PC Optimum points at Esso and Mobil
30 points
Earn 30 points per $1 when purchasing travel through President’s Choice
25 points
Earn 25 points per $1 at Shoppers Drug Mart and Pharmaprix
Earn 10 points per $1 spent everywhere
10 points
Earn 2c per litre in PC Optimum points at Esso and Mobil
2 cents
Earn 30 points per $1 when purchasing travel through President’s Choice
30 points
Earn 25 points per $1 at Shoppers Drug Mart and Pharmaprix
25 points
21.99%
Purchase APR *Standard Rate. *Basic rates may apply; see details on provider's site.
22.97%
Balance Transfer Rate
22.97%
Cash Advance APR
$0
Annual Fee
Purchase APR
21.99%
Balance Transfer Rate
22.97%
Cash Advance APR
22.97%
Annual Fee
$0
Pros
-
No annual fee, ideal for budget-conscious shoppers
-
Earn 10 points per $1 spent everywhere
-
Accelerated points at Esso, Shoppers Drug Mart, and PC Travel
-
Points redeemable at over 2,500 stores nationwide
-
Purchase insurance and extended warranties for added protection
Cons
-
Middle-of-the-road rewards compared to other no-fee cards
-
Limited redemption options compared to some competitors
-
Lacks introductory benefits like bonus points
-
Requires spending at specific stores for maximum benefits
-
Point value may seem low initially, despite earning potential
Eligibility
Good
Recommended Credit Score
$15,000
Required Annual Personal Income
Recommended Credit Score
Good
Required Annual Personal Income
$15,000
10 points
Earn 10 points per $1 spent everywhere
2 cents
Earn 2c per litre in PC Optimum points at Esso and Mobil
30 points
Earn 30 points per $1 when purchasing travel through President’s Choice
25 points
Earn 25 points per $1 at Shoppers Drug Mart and Pharmaprix
Earn 10 points per $1 spent everywhere
10 points
Earn 2c per litre in PC Optimum points at Esso and Mobil
2 cents
Earn 30 points per $1 when purchasing travel through President’s Choice
30 points
Earn 25 points per $1 at Shoppers Drug Mart and Pharmaprix
25 points
21.99%
Purchase APR *Standard Rate. *Basic rates may apply; see details on provider's site.
22.97%
Balance Transfer Rate
22.97%
Cash Advance APR
$0
Annual Fee
Purchase APR
21.99%
Balance Transfer Rate
22.97%
Cash Advance APR
22.97%
Annual Fee
$0
President's Choice World Mastercard overview
PC® World Mastercard®
4.0
Good
Suggested credit scoreto receive the latest news, tips and offers by email
Eligibility
Good
Recommended Credit Score
$60,000
Required Annual Personal Income
$100,000
Required Annual Household Income
Recommended Credit Score
Good
Required Annual Personal Income
$60,000
Required Annual Household Income
$100,000
20
Earn 20 points per $1 spent at Loblaw Banner Grocery Stores (includes Loblaws, No Frills, Valu-Mart, Independent Grocers, Zehrs, Real Canadian Superstore, Fortinos, etc.)
35
Earn 35 points per $1 spent at Shoppers Drug Mart/Pharmaprix
30
Earn 30 points per litre for gas purchased at Esso™ or Mobil™ stations
10
Earn 10 points per $1 spent everywhere else
Earn 20 points per $1 spent at Loblaw Banner Grocery Stores (includes Loblaws, No Frills, Valu-Mart, Independent Grocers, Zehrs, Real Canadian Superstore, Fortinos, etc.)
20
Earn 35 points per $1 spent at Shoppers Drug Mart/Pharmaprix
35
Earn 30 points per litre for gas purchased at Esso™ or Mobil™ stations
30
Earn 10 points per $1 spent everywhere else
10
21.99%
Purchase APR
5%
Balance Transfer Rate
22.97%
Cash Advance APR
$0
Annual Fee
Purchase APR
21.99%
Balance Transfer Rate
5%
Cash Advance APR
22.97%
Annual Fee
$0
Eligibility
Good
Recommended Credit Score
$60,000
Required Annual Personal Income
$100,000
Required Annual Household Income
Recommended Credit Score
Good
Required Annual Personal Income
$60,000
Required Annual Household Income
$100,000
20
Earn 20 points per $1 spent at Loblaw Banner Grocery Stores (includes Loblaws, No Frills, Valu-Mart, Independent Grocers, Zehrs, Real Canadian Superstore, Fortinos, etc.)
35
Earn 35 points per $1 spent at Shoppers Drug Mart/Pharmaprix
30
Earn 30 points per litre for gas purchased at Esso™ or Mobil™ stations
10
Earn 10 points per $1 spent everywhere else
Earn 20 points per $1 spent at Loblaw Banner Grocery Stores (includes Loblaws, No Frills, Valu-Mart, Independent Grocers, Zehrs, Real Canadian Superstore, Fortinos, etc.)
20
Earn 35 points per $1 spent at Shoppers Drug Mart/Pharmaprix
35
Earn 30 points per litre for gas purchased at Esso™ or Mobil™ stations
30
Earn 10 points per $1 spent everywhere else
10
21.99%
Purchase APR
5%
Balance Transfer Rate
22.97%
Cash Advance APR
$0
Annual Fee
Purchase APR
21.99%
Balance Transfer Rate
5%
Cash Advance APR
22.97%
Annual Fee
$0
President's Choice World Elite Mastercard overview
PC® World Elite Mastercard
4.0
Fair
Suggested credit scoreto receive the latest news, tips and offers by email
Pros
-
No annual fee
-
High earn rates in certain stores
-
Easy, straightforward redemptions
-
Points don’t expire provided your account stays active and in good standing
-
Special events allow you to earn extra points
Cons
-
High income requirement to qualify
-
Accelerated earn rates are limited to certain partner stores, and points can be redeemed only for purchases within Loblaw banner stores
-
Points can’t be transferred to other loyalty programs
-
The included travel insurance is very limited
Eligibility
Fair
Recommended Credit Score
$80,000
Required Annual Personal Income
Recommended Credit Score
Fair
Required Annual Personal Income
$80,000
45 points
* 45 points per $1 spent at Shoppers Drug Mart/Pharmaprix
30 points
Earn 30 points per litre for gas purchased at Esso™ or Mobil™ stations
30 points
Earn 30 points per $1 spent on PC Travel services
30 points
Earn 30 points per $1 spent at Loblaw Banner Grocery Stores (includes Loblaws, No Frills, Valu-Mart, Independent Grocers, Zehrs, Real Canadian Superstore, Fortinos, etc.)
10 points
Earn 10 points per $1 spent everywhere else
* 45 points per $1 spent at Shoppers Drug Mart/Pharmaprix
45 points
Earn 30 points per litre for gas purchased at Esso™ or Mobil™ stations
30 points
Earn 30 points per $1 spent on PC Travel services
30 points
Earn 30 points per $1 spent at Loblaw Banner Grocery Stores (includes Loblaws, No Frills, Valu-Mart, Independent Grocers, Zehrs, Real Canadian Superstore, Fortinos, etc.)
30 points
Earn 10 points per $1 spent everywhere else
10 points
21.99%
Purchase APR
5%
Balance Transfer Rate
22.97%
Cash Advance APR
$0
Annual Fee
Purchase APR
21.99%
Balance Transfer Rate
5%
Cash Advance APR
22.97%
Annual Fee
$0
Pros
-
No annual fee
-
High earn rates in certain stores
-
Easy, straightforward redemptions
-
Points don’t expire provided your account stays active and in good standing
-
Special events allow you to earn extra points
Cons
-
High income requirement to qualify
-
Accelerated earn rates are limited to certain partner stores, and points can be redeemed only for purchases within Loblaw banner stores
-
Points can’t be transferred to other loyalty programs
-
The included travel insurance is very limited
Eligibility
Fair
Recommended Credit Score
$80,000
Required Annual Personal Income
Recommended Credit Score
Fair
Required Annual Personal Income
$80,000
45 points
* 45 points per $1 spent at Shoppers Drug Mart/Pharmaprix
30 points
Earn 30 points per litre for gas purchased at Esso™ or Mobil™ stations
30 points
Earn 30 points per $1 spent on PC Travel services
30 points
Earn 30 points per $1 spent at Loblaw Banner Grocery Stores (includes Loblaws, No Frills, Valu-Mart, Independent Grocers, Zehrs, Real Canadian Superstore, Fortinos, etc.)
10 points
Earn 10 points per $1 spent everywhere else
* 45 points per $1 spent at Shoppers Drug Mart/Pharmaprix
45 points
Earn 30 points per litre for gas purchased at Esso™ or Mobil™ stations
30 points
Earn 30 points per $1 spent on PC Travel services
30 points
Earn 30 points per $1 spent at Loblaw Banner Grocery Stores (includes Loblaws, No Frills, Valu-Mart, Independent Grocers, Zehrs, Real Canadian Superstore, Fortinos, etc.)
30 points
Earn 10 points per $1 spent everywhere else
10 points
21.99%
Purchase APR
5%
Balance Transfer Rate
22.97%
Cash Advance APR
$0
Annual Fee
Purchase APR
21.99%
Balance Transfer Rate
5%
Cash Advance APR
22.97%
Annual Fee
$0
PC Insiders™ World Elite Mastercard® overview
PC Insiders™ World Elite Mastercard®
3.5
300,000 points
Welcome offerVery Good
Suggested credit scoreEnjoy a welcome offer* of 300,000 PC Optimum™ points.
Pros
-
Generous welcome bonus
-
Excellent earn rate on everyday expenses
-
Access to free online delivery
-
Super rare identity theft protection
-
Rental car insurance
-
Emergency medical insurance
Cons
-
$120 annual fee
-
Poor travel insurance for a World Elite credit card
-
Limited to PC brands
Eligibility
Very Good
Recommended Credit Score
$80,000
Required Annual Personal Income
$150,000
Required Annual Household Income
Recommended Credit Score
Very Good
Required Annual Personal Income
$80,000
Required Annual Household Income
$150,000
40
Earn 40 points per $1 at Loblaw banner stores
50
Earn 50 points per $1 at Shoppers Drug Mart
10
Earn 10 points per $1 everywhere else
$0
Get free online grocery delivery and pick up
70
Earn up to 70 points per lire of gas at Esso and Mobil stations
Earn 40 points per $1 at Loblaw banner stores
40
Earn 50 points per $1 at Shoppers Drug Mart
50
Earn 10 points per $1 everywhere else
10
Get free online grocery delivery and pick up
$0
Earn up to 70 points per lire of gas at Esso and Mobil stations
70
21.99%
Purchase APR
5%
Balance Transfer Rate
22.97%
Cash Advance APR In Quebec, 21.97%.
$120
Annual Fee Additional card fee: $0
2.5%
Foreign Transaction Fee
Purchase APR
21.99%
Balance Transfer Rate
5%
Cash Advance APR
22.97%
Annual Fee
$120
Foreign Transaction Fee
2.5%
Pros
-
Generous welcome bonus
-
Excellent earn rate on everyday expenses
-
Access to free online delivery
-
Super rare identity theft protection
-
Rental car insurance
-
Emergency medical insurance
Cons
-
$120 annual fee
-
Poor travel insurance for a World Elite credit card
-
Limited to PC brands
Eligibility
Very Good
Recommended Credit Score
$80,000
Required Annual Personal Income
$150,000
Required Annual Household Income
Recommended Credit Score
Very Good
Required Annual Personal Income
$80,000
Required Annual Household Income
$150,000
40
Earn 40 points per $1 at Loblaw banner stores
50
Earn 50 points per $1 at Shoppers Drug Mart
10
Earn 10 points per $1 everywhere else
$0
Get free online grocery delivery and pick up
70
Earn up to 70 points per lire of gas at Esso and Mobil stations
Earn 40 points per $1 at Loblaw banner stores
40
Earn 50 points per $1 at Shoppers Drug Mart
50
Earn 10 points per $1 everywhere else
10
Get free online grocery delivery and pick up
$0
Earn up to 70 points per lire of gas at Esso and Mobil stations
70
21.99%
Purchase APR
5%
Balance Transfer Rate
22.97%
Cash Advance APR In Quebec, 21.97%.
$120
Annual Fee Additional card fee: $0
2.5%
Foreign Transaction Fee
Purchase APR
21.99%
Balance Transfer Rate
5%
Cash Advance APR
22.97%
Annual Fee
$120
Foreign Transaction Fee
2.5%
How the PC Optimum program works
With PC Optimum, 1,000 points are equal to $1. In essence, PC Optimum is similar to a cash back program where your points can be redeemed for groceries and/or merchandise at Real Canadian Superstores, Value-mart, Fortinos, City Markets, No Frills, Independent Grocers, Zehrs, Loblaws Grocers, Shoppers Drug Mart/Pharmaprix and Shoppers Home Health Care. You can also use your PC Optimum points to shop online at JoeFresh.com and beautyBoutique.ca. In order to make the most of this cash back program, there are a few things you can do to maximize your PC Optimum point earnings, like going to special spending events, getting gas at certain stations, and more.
The PC Optimum program also runs in-store promotions such as the 20x the points days at Shoppers Drug Mart and targeted offers at grocery stores that will allow you to earn points even quicker. You can even earn PC Optimum points at Esso™ or Mobil™ gas stations.
If you’re a regular shopper at participating stores that offer PC products and/or Shoppers Drug Mart/Pharmaprix, then you may want to consider applying for one of the PC Financial credit cards since it’ll allow you to earn points at a much quicker rate.
Compare the best PC Financial credit cards
PC Financial Mastercard reviews | PC® MasterCard® | PC® World Mastercard® | PC Financial® World Elite Mastercard® | PC Insiders™ World Elite Mastercard® |
---|---|---|---|---|
Annual fee | $0 | $0 | $0 | $120 |
Earn rate at Loblaw banner grocery stores | 10 points/$1 | 20 points/$1 | 30 points/$1 | 40 points/$1 |
Earn rate at Shoppers Drug Mart stores | 25 points/$1 | 35 points/$1 | 45 points/$1 | 50 points/$1 |
Earn rate at Esso & Mobil gas stations | 2/litre | 30 points/litre | 300 points/litre | 70points/litre (7 cents per litre) |
Earn rate everywhere else | 10 points/$1 | 10 points/$1 | 10 points/$1 | 10 points/$1 |
Minimum income | N/A | $60,000 personal, $100,000 household | $80,000 personal | $80,000 personal, $150,000 household |
Get started | Apply now | Apply now | Apply now | Apply now |
Sponsored advertising. President’s Choice Financial® Mastercard® is provided by President’s Choice Bank. The PC Optimum™ program is provided by President's Choice Services Inc. President’s Choice Bank is not responsible for the contents of this site, including any editorials or reviews that may appear on this site. For complete information regarding the PC® Mastercard®, PC® World Mastercard®, or PC® World Elite Mastercard®, please click on the “Apply Now” or other applicable button.
FAQs
Hannah Logan is a Canadian freelancer writer and blogger who specializes in personal finance and travel. You can follow her adventures on her travel blog EatSleepBreatheTravel.com or find her on Instagram @hannahlogan21.
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