Note : Click from GCR to fill application. ★ Read conditions for rebate below before applying.
Apply for the no annual fee PC® Mastercard®
PC® World Elite Mastercard® to Your Comparison Table Your Comparison Table (need to be logged in) Full Comparison Summary
Earn 20,000 PC OptimumTM welcome points when you spend $50 or more at participating stores within 60 days of account approval.**
FEATURES
Get to free fast with a no annual fee PC® World Elite Mastercard®.
Earn 30 points for every $1 spent at grocery stores that participate in the PC Optimum™ program*
Earn at least 30 points per litre at Esso™ and Mobil™ stations*
Earn 45 points for every $1 spent at Shoppers Drug Mart®*
Earn 10 points for every $1 spent dining, transit, and everywhere else*
All with no annual fee.
Mastercard Global Service™: Replaces your card or offers a cash advance in case of emergency.
Purchase Assurance: In the event of theft, loss or damage in the first 90 days when you pay in full with your PC® Mastercard® credit card.
Extended Warranty: Doubles the manufacturer's regular warranty for up to an additional year on items purchased with your PC® Mastercard® credit card.
Emergency Medical Insurance:
For trips up to 10 days from date of departure, for those under age 65. Conditions apply
Car Rental Collision/Loss Damage Waiver Insurance: Collision damage and theft protection for your car rental needs.
Annual Card Fee:
$120
Credit Score:
660
Extra Card Fee:
$0
Purchase Interest Rate:
21.99%
Minimum Personal Income:
$80,000
Balance Transfer Interest Rate:
22.97%
Minimum Household Income:
$150,000
Cash Advance Interest Rate:
22.97%
Quebec Cash Advance interest rate: 21.97%
** Offer valid for new President’s Choice Financial® Mastercard® cardholders who apply by Dec 31, 2026. Earn a one-time bonus of 20,000 PC Optimum™ points when you spend $50 CDN or more in total qualifying purchases at participating Loblaw banner grocery stores, The Mobile Shop™ stores, Joe Fresh® stores, Shoppers Drug Mart® stores, Pharmaprix® stores, Esso™ or Mobil™ stations in Canada within 60 days of account approval. Visit pcoptimum.ca for participating stores. Qualifying purchases must be made with your new PC Financial® Mastercard®. Date of account approval is the date of the PC Financial® email confirming that your PC Financial® Mastercard® is approved.
Qualifying purchases excludes refunds, cash advances, balance transfers, interest charges, fees, credit or debit adjustments. Any refunds or merchant credits received during the offer period will reduce your total purchase amount for the purposes of this offer. Cannot be used with any other promotions or offers. Offer has no cash value. Your President’s Choice Financial® Mastercard® account must be open and in good standing at the time points are awarded. Offer applies to new accounts only. This introductory offer is limited to one per new PC Financial® Mastercard® account and may be terminated or changed at any time without notice. Allow 4-6 weeks from qualifying purchase(s) for bonus PC Optimum™ points to be awarded.
* Conditions apply to all benefits. See Application for Terms and Conditions. President's Choice Bank is not responsible for maintaining the content on this site. Please click on the ‘Go to PC® World Elite Mastercard®’ link for the most up to date information and full details. Subject to credit approval and eligibility criteria. PC® Mastercard® is provided by President’s Choice Bank. The PC Optimum™ program is provided by President's Choice Services Inc.
Earn 20,000 PC OptimumTM welcome points when you spend $50 or more at participating stores within 60 days of account approval.**
FEATURES
Get to free fast with a no annual fee PC® World Elite Mastercard®.
Earn 30 points for every $1 spent at grocery stores that participate in the PC Optimum™ program*
Earn at least 30 points per litre at Esso™ and Mobil™ stations*
Earn 45 points for every $1 spent at Shoppers Drug Mart®*
Earn 10 points for every $1 spent dining, transit, and everywhere else*
All with no annual fee.
Mastercard Global Service™: Replaces your card or offers a cash advance in case of emergency.
Purchase Assurance: In the event of theft, loss or damage in the first 90 days when you pay in full with your PC® Mastercard® credit card.
Extended Warranty: Doubles the manufacturer's regular warranty for up to an additional year on items purchased with your PC® Mastercard® credit card.
Emergency Medical Insurance:
For trips up to 10 days from date of departure, for those under age 65. Conditions apply
Car Rental Collision/Loss Damage Waiver Insurance: Collision damage and theft protection for your car rental needs.
Annual Card Fee:
$120
Credit Score:
660
Extra Card Fee:
$0
Purchase Interest Rate:
21.99%
Minimum Personal Income:
$80,000
Balance Transfer Interest Rate:
22.97%
Minimum Household Income:
$150,000
Cash Advance Interest Rate:
22.97%
Quebec Cash Advance interest rate: 21.97%
** Offer valid for new President’s Choice Financial® Mastercard® cardholders who apply by Dec 31, 2026. Earn a one-time bonus of 20,000 PC Optimum™ points when you spend $50 CDN or more in total qualifying purchases at participating Loblaw banner grocery stores, The Mobile Shop™ stores, Joe Fresh® stores, Shoppers Drug Mart® stores, Pharmaprix® stores, Esso™ or Mobil™ stations in Canada within 60 days of account approval. Visit pcoptimum.ca for participating stores. Qualifying purchases must be made with your new PC Financial® Mastercard®. Date of account approval is the date of the PC Financial® email confirming that your PC Financial® Mastercard® is approved.
Qualifying purchases excludes refunds, cash advances, balance transfers, interest charges, fees, credit or debit adjustments. Any refunds or merchant credits received during the offer period will reduce your total purchase amount for the purposes of this offer. Cannot be used with any other promotions or offers. Offer has no cash value. Your President’s Choice Financial® Mastercard® account must be open and in good standing at the time points are awarded. Offer applies to new accounts only. This introductory offer is limited to one per new PC Financial® Mastercard® account and may be terminated or changed at any time without notice. Allow 4-6 weeks from qualifying purchase(s) for bonus PC Optimum™ points to be awarded.
* Conditions apply to all benefits. See Application for Terms and Conditions. President's Choice Bank is not responsible for maintaining the content on this site. Please click on the ‘Go to PC® World Elite Mastercard®’ link for the most up to date information and full details. Subject to credit approval and eligibility criteria. PC® Mastercard® is provided by President’s Choice Bank. The PC Optimum™ program is provided by President's Choice Services Inc.
Part 1: PC Optimum™ Points Value per Canadian Dollar
At Loblaw Companies: 10,000 Points = $ 10 CAD, therefore 1 Point = 0.001 CAD or 0.1 cents.
At Esso or Mobil Stations: 4,000 Points can save 10 cents per litre on up to 40 litres of fuel, which means the value per point varies with gas prices but is generally around or below 0.25 cents per point.
Online Purchases: The value remains consistent at 10,000 Points = $ 10 CAD, matching in-store redemptions.
Part 2: PC Optimum™ Points Value per 100 Canadian Dollars
At Loblaw Companies: 1,000,000 Points = $ 100 CAD
At Esso or Mobil Stations: For example, if gas costs $ 1.50 per litre, 4,000 Points would save $ 4 on 40 litres, making the effective value per 100 CAD in gas approximately 160,000 Points; this value fluctuates with gas prices.
Online Purchases: 1,000,000 Points = $ 100 CAD
Part 3: Summary for Best Value
To maximize the value from your PC® World Elite Mastercard®:
Redeem Points at Loblaw Companies: Here, you get the most straightforward value, $ 10 for every 10,000 points.
Use for Gas Discounts: While points might yield a higher per-point value at gas stations, the frequency of your gas purchases should be considered to ensure this is the best use.
Take Advantage of Promotions: Watch for special promotions where you can earn or redeem points at an increased rate.
Stack with Offers: Use your points during times when there are also store sales or when you can benefit from personalized offers in the PC Optimum app.
Part 4: PC Optimum™ Points Earned per $ 1000 Spending by Category
Shoppers Drug Mart: 4,500 Points per $ 100 spent, so 45,000 Points per $ 1,000 spent.
Loblaw Companies: 3,000 Points per $ 100 spent, resulting in 30,000 Points per $ 1,000 spent.
PC Travel: 3,000 Points per $ 100 spent, so 30,000 Points per $ 1,000 spent.
Esso or Mobil: You earn at least 30 Points per litre of fuel, so for 1,000 litres (varying with price), you'd earn 30,000 Points or more, depending on promotions.
All Other Purchases: 1,000 Points per $ 100 spent, equating to 10,000 Points per $ 1,000 spent.
NOTE : The value conversions may not be up to date. Please calculate your own conversion to Canadian dollars to ensure accuracy.
★ PLEASE READ TO MAKE SURE YOU GET A CASH BACK REBATE:
Must activate card to get Cash Back Rebate.
• Do not browse or leave application page before it is completed.
• Please click from GCR again if session expires.
• Must apply online.
• Must activate card to get cash back.
• Cash Back Rebate is from GCR and will be posted to your GCR account upon card approval and activation.
• Cash Back not offered on repeat cardholders of the same card.
NOTE: You must contact GCR within 4 months to report a missing rebate otherwise the rebate is void.
The credit card features and benefits are provided by President’s Choice Bank, provider of the PC® Mastercard®.
Rebate Currency Exchange :NONE
Get 20,000 Welcome Points and no annual fee! Accelerate your PC Optimum™ points earning.
Get 25% Referral Bonus Get paid in cash 25% of all cash back rebates all your referrals collect
Great Canadian Rebates works in partnership with over 900 well known merchants. These outlets already offer great deals and savings, you save even more when you shop online as a member here. Once you register, you can save through Cash Back Rebates and even more using our coupons, deals, discounts and sales links.
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