Advertisers are not responsible for the content of this site, including any editorials or reviews that may appear on this site. For complete and current information about any information on any advertiser product, please visit their website. We receive compensation from some financial institutions listed on this site. Although we are compensated for each approved financial product through our website’s affiliate links, our research and content are based on an objective analysis. †Terms and conditions apply.
Over the years, PC Optimum has grown from a smaller store-specific points program to a massive, multi-brand loyalty program that helps Canadians save money on groceries, gas, drugstore items, and more.
The loyalty program has even got it’s own set of co-branded credit cards through PC Financial to further bolster people’s ability to earn points and save.
In this article, we’ll compare all of the PC Financial credit cards to help you decide which one is the right one to add to your loyalty portfolio.
PC Financial has 4 credit cards that each let you earn PC Optimum points on all your purchases.
The earning rates available on these cards range from 10 points per $1 spent all the way up to 50 points per $1 spent, with the exact rate depending on which card you use and at what store.
Not only does this make it incredibly easy to build up your stash of points, but it also represents one of the best ways to earn these points.
Additionally, each of the 4 PC Financial Mastercards offer cardholders perks and benefits to help them save even more.
In fact, the savings start as soon as you sign up for a card since only one of the PC Financial credit cards has an annual fee, while the other 3 provide their elevated earning rates and perks for no cost at all.
PC Financial offers 3 credit cards with no annual fees:
Each of these cards let you earn PC Optimum points above and beyond the base member rate offered at eligible stores and websites.
Not only that, but these cards give you 10 PC Optimum points per $1 spent on all your purchases, significantly broadening where you can earn your points and how quickly you can rack them up.
The cards also offer a range of additional benefits like travel insurance, car rental insurance, purchase protection, and extended warranty.
In addition to the 3 no-annual-fee credit cards mentioned above, PC Financial also offers a slightly more premium card designed for the PC-focused customer.
The PC Insiders™ World Elite® Mastercard® has an annual fee of $120, but this is offset by the fact that it not only offers the highest earning rates of all the PC Financial credit cards, but it also gives you a free PC Express Pass just for being a cardholder.
With a PC Express Pass, you get unlimited free delivery for your groceries, and you get access to bonus points, promotions, and exclusive savings at Loblaws-affiliated grocery stores.
The PC Insiders™ World Elite® Mastercard® also comes with a handful of additional perks that match those offered by the PC® World Elite® Mastercard®.
Now, to get a sense of how all 4 of the PC Financial Mastercards stack up against each other, let’s compare their earning rates and benefits packages.
Each of the PC Financial credit cards earns PC Optimum points on all purchases, with the earning rates improving with each card tier.
When applying for one of these cards, you’ll need to take note of the minimum income requirements as these will dictate which of the no-annual-fee cards you qualify for or whether or not you’re eligible for the PC Insiders™ World Elite® Mastercard®.
In terms of perks and benefits, you can see below how the offerings stack up across the whole family of credit cards.
From the chart, you can see that the available benefits increase as you move from the PC® Mastercard®, with its incredibly accessible approval requirements, up to the PC® World Elite® Mastercard® and the PC Insiders™ World Elite® Mastercard®.
When it comes to choosing a PC Financial credit card, it essentially comes down to two questions:
To keep things simple, PC Financial actually lets you apply for all 3 of the no-annual-fee credit cards at the same time, matching you with the best card that you’re eligible for.
Now, looking at question 2: if you meet the minimum income requirement for the PC® World Elite® Mastercard® and the PC Insiders™ World Elite® Mastercard® then it’s worth weighing the value of the elevated earning rate and free PC Express Pass that comes with the latter.
If you think that you can offset the $120 annual fee from the PC Insiders™ World Elite® Mastercard® through the elevated earning rates and by using the PC Express Pass and its perks then this card is worth considering.
However, if you don’t think you’ll get $120 worth of extra value from this card, the PC® World Elite Mastercard® is the better choice since it doesn’t have an annual fee.
PC Financial credit cards are a solid choice for people who want a simple way to save a bit of money on common expenses like groceries, drugstore items, and gas.
Although they’re not the most valuable or flexible points on the market, PC Optimum points can help you keep your budget in check and are great when redeemed for a nice treat that you wouldn’t otherwise have enjoyed.
There are also other loyalty programs and credit cards that can help you save at the grocery stores and beyond, so check out guides below to see if these might be a good fit.
Savings are here (if you don’t see the sign-up form, please click here):
You can change your preferences or opt out at any time by clicking on one of the hyperlinks available at the bottom of each newsletter.
If you are already a subscriber and would like to unsubscribe, you can click on the link at the bottom of any of our e-mails.
