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Updated: July 20, 2023

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Best PC Financial credit cards

ViDI Studio / Shutterstock

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Updated: July 20, 2023

We adhere to strict standards of editorial integrity to help you make decisions with confidence. Please be aware that some (or all) products and services linked in this article are from our sponsors.

We adhere to strict standards of editorial integrity to help you make decisions with confidence. Please be aware this post may contain links to products from our partners. We may receive a commission for products or services you sign up for through partner links.

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®.

How PC Optimum 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 card 
Rewards structure 
Eligibility requirement 
Read Review
30 pts / $ at Drug Mart and Pharmaprix; 25 pts / $ on PC Travel services; 10 pts / $ elsewhere
Credit score: Fair-Good; Min income: N/A; Annual fee: $0
45 pts / $ at Drug Mart;  30 pts / $ on PC Travel services; 10 pts / $ elsewhere
Credit score: Fair-Good; Min income: $80,000; Annual fee: $0
35 pts / $ at Drug Mart and Pharmaprix 20 pts / $ on PC Travel services; 10 pts / $ elsewhere
Credit score: Fair-Good; Min income: $60,000; Annual fee: $0

PC® MasterCard®

Quick Facts

Credit score required: Fair/Good

Min. personal income required: N/A

Annual fees: $0

The PC® MasterCard® is the most basic PC card on this list, however, that doesn’t mean that it isn’t a great option. The PC Financial Mastercard does not have an annual fee and there is a low threshold needed to apply. This makes it a great credit card option for students or young people just entering the workforce.

As for benefits, PC® MasterCard® cardholders will receive 10 points for every dollar spent at any participating store where President’s Choice products are sold, and 30 points per every dollar spent at Shoppers Drug Mart and Pharmaprix. Furthermore, cardholders will earn 3 cents per litre in PC Optimum points (equal to 30 points) at any Esso™ or Mobil™ gas station, 25 points per every dollar spent on PC travel services, and 10 points for every dollar spent elsewhere. The only other benefits included with this card are purchase assurance and extended warranty.

Click here to apply or learn more by reading our complete PC® MasterCard® review.

PC® World Elite Mastercard®

Quick Facts

Credit score required: Fair/Good

Min. personal income required: $80,000

Annual fees: $0

The PC® World Elite Mastercard® is the highest-yield option in terms of earning points and some great premium benefits. As with the other PC Financial credit cards, there is no annual fee, however for this particular card you will need to have an annual personal income of $80,000.

As for the points system, cardholders will receive 10 points for every dollar spent at participating stores where President’s Choice products are sold, 45 points for every dollar spent at a Shoppers Drug Mart of Pharmaprix, and 30 points for every dollar spent on PC travel services. As with the other two credit cards, users will also receive at least 3 cents per litre in PC Optimum points (30 points) at an Esso™ or Mobil™ station, and 10 points per dollar spent elsewhere.

The PC® World Elite Mastercard® also comes with several premium benefits that include 24/7 concierge service, identity theft assistance, car rental collision/loss damage waiver insurance, and travel emergency medical insurance for trips up to ten days for cardholders under the age of 65. That’s some decent credit card travel insurance considering this card has no annual fee.

Having a PC Mastercard is a must if you shop at participating stores where President’s Choice products are sold or at Shoppers Drug Mart/Pharmaprix on a regular basis. These cards have no annual fee and there is simply no better way to earn additional PC Optimum points which can be redeemed for free groceries and merchandise.

Click here to apply or learn more by reading our complete PC® World Elite Mastercard® review.

PC® World Mastercard®

Quick Facts

Credit score required: Fair/Good

Min. personal income required: $60,000

Annual fees: $0

The PC® World Mastercard® is a step up from the PC® Mastercard®. There are no annual fees for this credit card as well, however, users will need a personal annual income of $60,000.

The points system is similar to that of the PC® Mastercard®, but with this card, you have a higher earn rate. Users will receive 20 points per $1 spent at any participating store where President’s Choice products are sold and 35 points per every $1 spent at a Shoppers Drug Mart or Pharmaprix. The earning rate is the same for the other categories: minimum 3 cents per litre in PC Optimum points (30 points) at Esso™ and Mobil™ gas stations, 20 points for every dollar spent towards PC travel services, and 10 points for every dollar spent on all other purchases. Purchase assurance, extended warranty and 24/7 concierge service come included as additional benefits.

Click here to apply for the PC® World Mastercard®.

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.

About our author

Hannah Logan
Hannah Logan, Freelance Contributor

Hannah Logan is a freelance writer, blogger, and content creator from Ottawa. She spends half the year in Canada and half the year travelling around the world. A self-described wannabe Indiana Jones, Hannah first developed an interest in personal finance in an effort to prolong her travel lifestyle. Today, she shares her stories from her travels as well as finance tips, tricks, and knowledge to help others fulfil their savings and travel goals as well. You can keep up with Hannah’s adventures on her personal travel blog, EatSleepBreatheTravel.com or find her on Instagram @hannahlogan21.

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