Best PC Financial Credit Cards in Canada for 2021

 

Best PC Financial Credit Cards

With the PC Financial credit cards below, you can earn and save on everyday purchases such as groceries and toiletries. The PC Optimum program is a great way to earn PC points.

As a PC Optimum loyalty member, you can earn on everyday purchases with PC partner merchants, such as Loblaws, Shoppers Drug Mart, Joe Fresh and many more. 

 

President’s Choice Financial Mastercard Review

The President's Choice Financial MasterCard is a basic no-fee credit card that is ideal for families and individuals who frequent stores where President's Choice products are sold, including Joe Fresh, Loblaws, Real Canadian Superstore, and more. 


  • Annual Fee: $0
  • Additional Card Fee: $0
  • Purchases Interest Rate:19.97%
  • Cash Advance Interest Rate:22.97%
  • Balance transfer rate:0.97% for 6 months





Rewards

  • 25 points per $1 at Shoppers Drug Mart and Pharmaprix
  • 30 points per litre at Esso and Mobil gas stations
  • 20 points per $1 at PC Travel
  • 10 points per $1 everywhere else

Features

  • Free Purchase Assurance: In the event of theft, loss or damage
  • Free Extended Warranty: Doubles the manufacturer's regular warranty for up to an additional year
  • Authorized users: Add up to four free additional cards on your account

Eligibility

The PC Financial Mastercard does not have a minimum individual or household income required.

If you would like to learn more about the pros and cons of this credit card, read our complete PC Financial Mastercard Review.

 

 President’s Choice Financial World Mastercard Review


This card is an enhanced version of the President's Choice Financial MasterCard with a higher earn rate at Shoppers Drug Mart along with additional features.

  • Annual Fee: $0
  • Additional Card Fee: $0
  • Purchases Interest Rate:19.97%
  • Cash Advance Interest Rate:22.97%
  • Balance transfer rate:0.97% for 6 months

Rewards

  • 35 points per $1 at Shoppers Drug Mart and Pharmaprix
  • 30 points per litre at Esso and Mobil gas stations
  • 20 points per $1 at PC Travel
  • 10 points per $1 everywhere else

 Features

  • Concierge service:24/7 concierge service to make dinner reservations, reserve event tickets, deliver gifts and more
  • Free Purchase Assurance: In the event of theft, loss or damage
  • Free Extended Warranty: Doubles the manufacturer's regular warranty for up to an additional year
  • Authorized users: Add up to four free additional cards on your account

Eligibility

A minimum annual personal income of $60,000 or household income of $100,000 is required for a new PC Financial World Mastercard.

If you would like to learn more about the pros and cons of this credit card, read our complete President’s Choice Financial World Mastercard Review.


PC Financial World Elite Mastercard Review


This credit card is PC Financial’s best credit card with many World Elite features and benefits and no annual fee.

 The PC Financial World Elite Mastercard 

  • Annual Fee: $0
  • Additional Card Fee: $0
  • Purchases Interest Rate:19.97%
  • Cash Advance Interest Rate:22.97%
  • Balance transfer rate:0.97% for 6 months

Rewards

  • 45 points per $1 at Shoppers Drug Mart and Pharmaprix
  • 30 points per litre at Esso and Mobil gas stations
  • 30 points per $1 at PC Travel
  • 10 points per $1 everywhere else

 Features

  • Concierge service:24/7 concierge service to make dinner reservations, reserve event tickets, deliver gifts and more
  • Travel Emergency Medical Insurance
  • Car Rental Collision/Loss Damage Waiver Insurance
  • Free Purchase Assurance: In the event of theft, loss or damage
  • Free Extended Warranty: Doubles the manufacturer's regular warranty for up to an additional year
  • Identity Theft Assistant Service: To help you avoid identity theft or restore your identity.
  • Authorized users: Add up to four free additional cards on your account

 

Eligibility

A minimum annual personal income of $80,000 or household income of $150,000 is required for a new PC Financial® World Elite Mastercard®.

 If you would like to learn more about the pros and cons of this credit card, read our complete PC Financial World Elite Mastercard Review.

 

PC Optimum points value

 Once you earn 10,000 points you can redeem for up to $10 worth of free products and groceries at any participating stores or online at Beautyboutique.ca, JoeFresh.ca and PC Express websites.

Redeem PC Optimum Points

Your PC optimum points could be redeemed at thousands of retailers across Canada such as:

  • Shoppers Drug Mart
  • Loblaws
  • No Frills
  • Real Canadian Superstore

PC Mastercard app

You can download the PC mobile app to manage your account and keep track of your transactions and points everywhere through your mobile device (iPhone, Android device, iPad, or tablet).

Whether or not PC Financial Credit Cards are right for you depends on your personal preferences. For more information or to other a stronger understanding of the cards’benefits, compare PC Financial Mastercard today.

Details
Annual Fee: $0
Purchases Interest Rate: 19.97%
Cash Advance Interest Rate: 22.97%
Recommended Credit Score
Average to Excellent
Why we like it?
  • Easy application
  • Decent return
  • Transparent reward system
  • Free additional cards
  • Purchase benefits
Apply Now Full Review
Why we like it

0.97% Promotional balance transfers for 6 months


The President's Choice Financial MasterCard is a basic no-fee credit card that is ideal for families and individuals who frequent stores where President's Choice products are sold, including Joe Fresh, Loblaws, Real Canadian Superstore, and more. It's a good way to get the most out of your weekly grocery run but may not be the best choice if you want to carry a balance or use your rewards for cash back or travel.

Easy application -With no annual fee and no minimum income requirement, this credit card appeals to young families.
  • Decent return - For a no-fee card, it gives you a good return when you shop at affiliated stores.
  • Transparent reward system -?The no-nonsense reward system makes it easy for you to calculate your potential rewards.
  • Free additional cards - Get up to four free additional cards that you can link to your account to help boost your points.
  • Purchase benefits - This credit card gives free purchase assurance in the first 90 days and doubles the manufacturer?s regular warranty for up to an additional year
Credit Card snapshot

PC Financial Mastercard Review

Use your PC Financial Mastercard everywhere you shop to earn PC Optimum points towards free rewards In Loblaws stores 10 PC Points per $13 Bonus of 2 cents per litre in PC points at Esso 20 PC Points per $1 at PC Travel Everywhere else 10 PC Points per $1 20 PC Points per $1 for PC Mobile Montlhy service

Interest Rate: 19.97%

Fees:

  • Annual: $0
  • Balance transfer: 0.97%
  • Cash advance: $3.50 inside Canada, $5 outside Canada, plus 22.97% interest on overdue amounts
  • Foreign transaction: 2.5% per transaction
  • Missed or late payments: increased interest rates to 25.97% on all purchases and 27.97% on cash advances after two missed minimum payments
  • Over limit: $29
  • Returned payment: $42


Rewards: Earn PC points on every purchase, including extra points at Shoppers Drug Mart/Pharmaprix, Esso, PC Travel and Mobil. Points can be redeemed at Loblaws, No Frills, PC Travel and Shoppers Drug Mart/Pharmaprix. Ten dollars is equal to 10,000 PC points.

Details
Annual Fee: $0
Purchases Interest Rate: 19.97%
Cash Advance Interest Rate: 22.97%
Recommended Credit Score
Average to Excellent
Why we like it?
  • Easy application
  • Decent return
  • Transparent reward system
  • Free additional cards
  • Purchase benefits
Apply Now Full Review
Why we like it

At no annual fee, the President?s Choice Financial World Elite MasterCard lets you get the fastest points towards free groceries. It also comes with other great offers ? a travel emergency medical insurance of up to 10 days and car rental collision or loss damage waiver insurance. With these added benefits at zero yearly cost, we consider this the best credit card for travel insurance coverage.

Easy application -With no annual fee and no minimum income requirement, this credit card appeals to young families.
  • Decent return - For a no-fee card, it gives you a good return when you shop at affiliated stores.
  • Transparent reward system - The no-nonsense reward system makes it easy for you to calculate your potential rewards.
  • Free additional cards - Get up to four free additional cards that you can link to your account to help boost your points.
  • Purchase benefits - This credit card gives free purchase assurance in the first 90 days and doubles the manufacturer?s regular warranty for up to an additional year.
Credit Card snapshot
PC Financial World Elite MasterCard Review

Canada's first World Elite Mastercard with no annual fee.

Car Rental Collision/Loss Damage Waiver Insurance. Identity Theft Assistant Service to help you avoid identity theft or restore your identity 24/7 concierge service to make dinner reservations, reserve event tickets, deliver gifts and more

In PC stores 30 PC Points per $1 30 PC Points per $1 at Shoppers Drug Mart

Bonus of 3 cents per litre in PC points at Esso

30 PC Points per $1 at PC Travel

30 PC Points per $1 for PC Mobile Montlhy service

Everywhere else 10 PC Points per $1

Interest Rate: 19.97%

Fees:

  • Annual: $0
  • Balance transfer: 0.97%
  • Cash advance: $3.50 inside Canada, $5 outside Canada, plus 22.97% interest on overdue amounts
  • Foreign transaction: 2.5% per transaction
  • Missed or late payments: increased interest rates to 25.97% on all purchases and 27.97% on cash advances after two missed minimum payments
  • Over limit: $29
  • Returned payment: $42

PC FINANCIAL CREDIT CARDS FAQ

Does PC financial MasterCard have car rental insurance? 

The PC Financial Mastercard that has card rental insurance is the Presidents Choice Financial World Elite Mastercard. This card offers Car Rental Collision/Loss Damage Waiver Insurance. It provides Collision damage and theft protection for your car rental needs. Read our review on the PC World Elite Mastercard here.


What credit score do I need for a PC MasterCard? 

The credit score needed to get approved for a PC Mastercard credit card is between fair to good which means 680 to 750.

For the Presidents Choice Financial World Elite Mastercard the credit score needed is good to excellent (700 to 850).


How to get PC Financial MasterCard?

You can go to the PC Financial President's Choice website and apply online.

You can apply in person at participating supermarkets everywhere in Canada.

You can apply in person at participating locations with a President's Choice Financial pavilion or in-store representative.


Does PC MasterCard have trip cancellation insurance?

PC financial offers travel emergency insurance but do not offer trip cancellation insurance. Please review the certificate of insurance for details.


What is the credit limit on a pc financial mastercard? 

Credit card issuers will determine your credit limit through a convoluted process called underwriting. The higher the credit limit, the more that the Credit card issuers indicate that it trusts a borrower to repay the debt. The credit limit will depend on your credit score and existing debts.

Author Bio

User
Mohamed Konate

Mohamed Konate is a personal finance expert, blogger, and marketing consultant based out of Toronto. He is a former financial services professional who worked for many years at major Canadian financial institutions where he managed the marketing strategy around various financial products ranging from credit cards to lines of credit. Mohamed is passionate about personal finance and holds a Bachelor in Business Administration from the University of Quebec (Montreal) and a Master in International Business from the University of Sherbrooke (Quebec).He is also the author of the Canadian Credit Card Guidebook.