PC Optimum Credit Card: PC Insiders™ World Elite Mastercard®
Features of the PC Insiders™ World Elite Mastercard®
A few more points
PC Financial has launched its first credit card with an annual fee. This PC Insiders™ World Elite Mastercard® costs $120 per year and, in return, earns more points than other PC Financial cards.
It looks just like the PC Financial World Elite Mastercard. Predictably, there may be some confusion between the two. So, here are the characteristics of each to differentiate them:
| Carte World Elite Mastercard Adeptes PC | ||
| Frais annuels | 0 $ | 120 $ |
| Points Optimum accumulés dans les Magasins Loblaws (points / 1 $ d’achat) | 30 points |
40 points (everywhere) |
| Optimum points earned at Shoppers Drug Mart (points / > spent) | 45 points | 50 points |
| Optimum points earned at Esso and Mobil (points/litre of purchase) | 30 points | 50 points per liter + 20 extra points if 150 liters purchased in a month |
| Everywhere else (points / > purchase) | 10 points | 10 points |
| Minimum annual income required | ,000 individual income or 0,000 household income | ,000 individual income or 0,000 household income |
| PC Express Pass subscription | – | Free |
Note that the Optimum points earned above already include the base points earned at Shoppers Drug Mart (15 points / $1 spent) and at Esso and Mobil (10 points / $1 spent).
- Annual fee
- $0 $120No annual fee the first year
- No annual fee the first year
- Our valuation
- $120Milesopedia first-year estimate First-year valueAnnual fee rebated$120Total$120Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
- Milesopedia first-year estimateFirst-year valueAnnual fee rebated$120Total$120Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
- Welcome offer
- First Year Annual Fee Rebate
- $120 annual fee rebated
on PC Financial's website
Free subscription to the PC Express Pass
The best benefit of the PC Insiders™ World Elite Mastercard® is getting the PC Express Pass for free.
This pass costs $99.99 plus taxes (or $114.96 including taxes in Quebec, for example). This is almost equivalent to the $120 annual fee of the PC Insiders™ World Elite Mastercard®.
People using this benefit get free pickup and delivery on orders of $35 or more. This can be advantageous for people who already use this pass.
If you already have a PC Express Pass and you get this new card, you will receive a prorated refund of your PC Express Pass subscription fees on the credit card after a few business days.
However, your subscription to the PC Optimum Insiders program will be cancelled if you get this card and you will no longer be able to re-enroll (as this subscription has been unavailable since September 2022). You will then receive a prorated refund. This is something to think about carefully.
Other features of the new PC Insiders™ World Elite Mastercard®
In addition to all this, it offers among other things:
- Up to 4 additional cardholders free of charge ;
- Emergency medical insurance for trips of 10 days or less;
- Identity theft assistance.
PC Mastercard cardholders automatically approved
Certain existing eligible PC Mastercard cardholders are automatically approved for this PC Insiders™ World Elite Mastercard®.
They can check their eligibility and then upgrade directly in their PC Financial online account. Here’s how:
- Log in to the PC Financial page to access your profile or open your mobile app;
- If you are eligible, a PC Insiders™ World Elite Mastercard® tile will appear on the home screen;
- Click on this thumbnail and follow the instructions to change your card.
Conclusion
If you don’t intend to use the PC Express Pass, this card won’t earn you as much as the President’s Choice Financial® World Elite Mastercard®.
Yes, you will earn more points with the PC Insiders™ World Elite Mastercard®. However, you’ll need to calculate whether the extra 5 points at Shoppers Drug Mart (value of 0.5 cents), the 10 points at Loblaws grocery stores (value of 1 cent) or the extra 40 points at Esso and Mobil (value of 4 cents) is worth $120 annually.
You would then need to spend at minimum to justify this cost and for it to start being profitable after:
- $ 3,000 worth of gas at Esso or Mobil
- or $12,000 at Loblaws group grocery stores
- or $24,000 in purchases at Shoppers Drug Mart
If you go to different grocery stores, we recommend that you opt for a « general-purpose » credit card with a « Grocery » purchase category:
- Up to 5 points per dollar at all grocery stores with the National Bank World Elite Mastercard®
- 4% cash back at all grocery stores with the CIBC Dividend® Visa* Card Infinite*
| Credit card | Annual fee | Welcome offer | |
|---|---|---|---|
| $0 | |||
| $0 | |||
| $0 |
Our featured card
- Annual fee
- $120
- Our valuation
- $990Milesopedia first-year estimate First-year valueWelcome bonus$990Total$990Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
- Milesopedia first-year estimateFirst-year valueWelcome bonus$990Total$990Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
- Welcome offer
- Up to 110,000 points
- Ends Sep 22, 2026
on American Express's website
Apply with confidence — no impact on your credit scoreApply with confidenceCheck whether your application will be approved before you submit it, with no impact on your credit score*When you apply for a personal American Express Credit Card, we will tell you whether you are eligible without affecting your credit score. So you can apply with confidence.*Instant decisions are only available for consumer Card applications (also called “personal Cards”).
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