Note : Click from GCR to fill application. ★ Read conditions for rebate below before applying.
Apply for the no annual fee PC® Mastercard®
PC® World 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 Mastercard®.
Earn 20 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 35 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.
Annual Card Fee:
$0
Credit Score:
660
Extra Card Fee:
$0
Purchase Interest Rate:
21.99%
Minimum Personal Income:
$60,000
Balance Transfer Interest Rate:
22.97%
Minimum Household Income:
$100,000
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 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 Mastercard®.
Earn 20 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 35 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.
Annual Card Fee:
$0
Credit Score:
660
Extra Card Fee:
$0
Purchase Interest Rate:
21.99%
Minimum Personal Income:
$60,000
Balance Transfer Interest Rate:
22.97%
Minimum Household Income:
$100,000
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 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, so 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 depends on gas prices but generally values points at around 0.25 cents or less per point.
Online Purchases: The value is consistent with in-store redemptions at 10,000 Points = $ 10 CAD.
Part 2: PC Optimum™ Points Value per 100 Canadian Dollars
At Loblaw Companies: 1,000,000 Points = $ 100 CAD
At Esso or Mobil Stations: The value can vary, but as an example, if gas is $ 1.50 per litre, 4,000 Points would save $ 4 on 40 litres, making the effective value per 100 CAD in gas around 160,000 Points.
Online Purchases: 1,000,000 Points = $ 100 CAD
Part 3: Summary for Best Value
To achieve the best value with the PC® World Mastercard®:
Redeem Points for Everyday Purchases: Use points at Loblaw stores for a straightforward redemption value of $ 10 for every 10,000 points.
Fuel Savings: Redeem for fuel discounts at Esso or Mobil, but be mindful of the effective value per point which can fluctuate with gas prices.
Look for Promotions: Take advantage of promotional times when points can be earned or redeemed at an increased value.
Combine with Personal Offers: Utilize personalized offers from the PC Optimum app to earn more points or get discounts, effectively increasing your points' value.
Part 4: PC Optimum™ Points Earned per $ 1000 Spending by Category
Shoppers Drug Mart: 3,500 Points per $ 100 spent, so 35,000 Points per $ 1,000 spent.
Loblaw Companies: 2,000 Points per $ 100 spent, so 20,000 Points per $ 1,000 spent.
PC Travel: 2,000 Points per $ 100 spent, so 20,000 Points per $ 1,000 spent.
Esso/Mobil: 30,000 Points per 1,000 litres of gas (based on typical pricing), but again, this is variable with fuel prices; usually around 30 Points per litre.
All Other Purchases: 1,000 Points per $ 100 spent, so 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®.
Get 25% Referral Bonus Get paid in cash 25% of all cash back rebates all your referrals collect
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