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SPECIAL OFFER: Earn 20,000 points** when you apply for the no annual fee PC® Mastercard® and make your first purchase with your new card.
See the terms and conditions** for more details.
Rewards to look forward to
Pay down your balance with points
Even more benefits you’ll love
Per dollar of purchases
This section sets out the maximum coverage amounts or periods. Please review your insurance certificate for details, exclusions and limitations of your coverage, terms and conditions apply.
The PC Mastercard welcomes you with a 20,000 PC Optimum points bonus after your first purchase, all with no annual fee. It is the ideal entry-level card to start earning points in the Loblaw ecosystem:
This means you earn between 1% and 3% back on your purchases at PC Optimum retailers. You can then redeem your points for discounts at checkout or a $7 credit per 10,000 points applied directly to your card balance.
With its 90-day purchase assurance, extended warranty, and Mastercard Global Service, this card offers valuable protections for a no-annual-fee card.
The PC Mastercard has no annual fee, and additional cardholders are also free.
The PC Mastercard offers 1% back in PC Optimum points at all participating grocery stores such as Loblaws, No Frills, and Real Canadian Superstore.
The PC Mastercard offers at least 3 cents per litre back in points at Esso and Mobil stations.
The PC Mastercard offers 2.5% back in points at Shoppers Drug Mart and Shoppers Drug Mart for health and beauty purchases.
The PC Mastercard offers 1% back in points at restaurants, on transportation, and everywhere else, including Joe Fresh stores.
With the PC Mastercard, redeem 10,000 points for a $7 statement credit to reduce your credit card balance.
The PC Mastercard includes purchase assurance (90 days) against theft, loss, and damage, plus an extended warranty that doubles the manufacturer’s warranty.
Yes, the PC Mastercard includes Mastercard Global Service, which replaces your card or provides a cash advance in an emergency.
The PC Mastercard works with Loblaws, No Frills, Shoppers Drug Mart, Real Canadian Superstore, Atlantic Superstore, Zehrs, Independent, Fortinos, and more.
Yes, the PC Mastercard offers 20,000 bonus PC Optimum points (a $20 value) as a special welcome offer.
All rates and fees for the PC® Mastercard®.
*Standard welcome offer for all new PC Financial® Mastercard® applicants is 20,000 PC OptimumTM points. When you receive your PC Financial® Mastercard® credit card and make your first purchase with your new card at a participating store where President’s Choice® products are sold or at an EssoTM and MobilTM station in Canada. Visit pcoptimum.ca for full store list. No minimum purchase amount required. Purchase must be made with your President’s Choice Financial® Mastercard® within 6 months of the PC Financial® email confirming that your PC® Mastercard® is approved. Cannot be used with any other promotions or offers. Offer has no cash value.
Allow 4-6 weeks from qualifying purchase on your new card at a participating location for bonus PC OptimumTM points to be awarded. Each welcome offer is limited to one per new PC Financial® Mastercard® account and the offer may be terminated or changed at any time without notice.
1 If you are approved for the Basic Rate PC Financial® Mastercard®, your rates will be as follows. Purchase interest rate: 26.99%, Cash Advance interest rate: 27.97%. The Basic Rate is not available in Quebec. For more information, please refer to the Application Disclosure Summary.
2 Earn a minimum of 10 PC OptimumTM points per dollar on all of your purchases charged to the credit card. Any bonus PC OptimumTM points offers available to all PC Financial® Mastercard® customers are calculated based on the regular earnings rate of 10 PC OptimumTM points per dollar spent. This offer may be terminated or changed at any time.
3 Our grocery stores means affiliated Loblaw banner grocery stores. Visit pcoptimum.ca for details on participating stores where the PC OptimumTM program is offered. Minimum redemption is 10,000 PC OptimumTM points (worth $10 in free rewards) and in increments of 10,000 PC OptimumTM points thereafter, at participating stores. You can redeem the PC OptimumTM points you earn for eligible purchases, or for any other purposes of which we may advise you from time to time. Some redemption restrictions apply. Visit pcoptimum.ca for details and full store list.
4 Points amount shown includes the 10 points per dollar for all purchases with the PC Financial® Mastercard®. In addition, earn at least 10 PC OptimumTM points per purchased litre of gasoline or diesel fuel at EssoTM and MobilTM stations in Canada when you pay with your PC Financial® Mastercard®. You will also earn at least 10 PC OptimumTM points per litre available to all PC OptimumTM loyalty members at EssoTM and MobilTM stations in Canada. Earn an additional 10 points per litre of premium gasoline (Octane 89, 91, 93) at EssoTM and select MobilTM Stations. You could earn even more points at Mobil™ stations located adjacent to a Loblaw banner grocery store. Exact earn rate is available at the station. Should fuel prices fall below $1/L, causing total points per litre awarded to fall below 30 points per litre, points will be topped up to ensure a minimum of 30 points per litre are awarded in all transactions paid with a PC Financial® Mastercard® at EssoTM and MobilTM locations. For full details including how points are awarded to your PC OptimumTM account and rounding rules, visit pcfinancial.ca/en/legal-stuff/pc-optimum-mastercard/.
5 All PC OptimumTM members earn 15 points per dollar on eligible purchases at Shoppers Drug Mart® and Pharmaprix® stores. When you use your PC Financial® Mastercard® you will earn additional points per dollar: 10 points per dollar for PC Financial® Mastercard® cardholders; 20 points per dollar for PC Financial® World Mastercard® cardholders; 30 points per dollar for PC Financial® World Elite® Mastercard® cardholders; and 35 points per dollar for PC InsidersTM World Elite® Mastercard® cardholders.
6 Purchase Assurance and Extended Warranty are underwritten by American Bankers Insurance Company of Florida. Details of coverage, including definitions, benefits, limitations, and exclusions, are outlined in the Certificate of Insurance delivered with your card or included with the Welcome Documents delivered to your online Notification Centre at pcfinancial.ca.
7 Cash advances are accessible only up to your available cash limit and your current cash advance interest rate applies from the date of the transaction.
8 Earn 40 PC OptimumTM points per dollar on qualifying purchases made with a PC InsidersTM World Elite® Mastercard® credit card at participating Loblaw banner stores. For these purchases you will earn the regular 10 PC OptimumTM points per dollar plus an extra 30 PC OptimumTM points per dollar charged on your card(s) for a total of 40 PC OptimumTM points per dollar. Any bonus PC OptimumTM points offers available to all PC Financial® Mastercard® customers are calculated based on the regular earnings rate of 10 PC OptimumTM points per dollar spent.
®/TM Trademarks of Loblaws Inc., used under license.
Mastercard® is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. President’s Choice Bank is a licensee of the marks.
Shoppers Drug Mart®, Pharmaprix® and logos are trademarks of 911979 Alberta Ltd., used under license.
®/TM Esso is a trademark of Imperial Oil Limited. Imperial Oil, licensee. Mobil is a trademark of Exxon Mobil Corporation or one of its subsidiaries. Imperial Oil, licensee.
President’s Choice Financial® Mastercard® is provided by President’s Choice Bank.
The PC OptimumTM loyalty program is provided by President’s Choice Services Inc.
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