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PC Financial Mastercard: Fees, PC Optimum Earn Rates and Each Card

Updated

PC Financial issues Mastercards: the no annual fee PC Mastercard, PC World Mastercard and PC World Elite Mastercard, which share a single application that PC Financial reviews to decide which of the three to issue you, and the PC Insiders World Elite Mastercard, which has an annual fee. Every PC Financial Mastercard earns PC Optimum points wherever it is accepted.

What does each PC Financial card cost and earn?

PC Financial's credit cards, from our verified records
CardAnnual feeEarn rateMinimum incomePurchase rateForeign transaction fee
PC Financial Mastercard$010 PC Optimum points per $1 on everything (no caps), and at least 30 points per litre in all at Esso and Mobil (counting the points every PC Optimum member earns there)None stated21.99%2.5%
PC World Elite Mastercard$030 PC Optimum points per $1 at PC Financial's grocery stores, Shoppers Drug Mart and Pharmaprix, and Joe Fresh, 10 points per $1 on everything else, and at least 30 points per litre in all at Esso and Mobil (counting the points every PC Optimum member earns there)$80,000 personal or $150,000 household21.99%2.5%
PC World Mastercard$020 PC Optimum points per $1 at PC Financial's grocery stores, Shoppers Drug Mart and Pharmaprix, and Joe Fresh, 10 points per $1 on everything else, and at least 30 points per litre in all at Esso and Mobil (counting the points every PC Optimum member earns there)$50,000 personal or $80,000 household21.99%2.5%
PC Insiders World Elite Mastercard$12040 PC Optimum points per $1 at PC Financial's grocery stores and Joe Fresh, 35 at Shoppers Drug Mart and Pharmaprix, 10 points per $1 on everything else, and at least 50 points per litre in all at Esso and Mobil (counting the points every PC Optimum member earns there)$80,000 personal or $150,000 household21.99%2.5%

Each card’s fact sheet, linked from its name, has the full terms we checked. The program has its own page: PC Optimum.

Where do PC Financial cards earn the most?

PC Financial sets separate earn rates for qualifying purchases with its Mastercards at participating Loblaw banner stores, Shoppers Drug Mart and Joe Fresh stores in Canada; each card’s rates are in the table. At Shoppers Drug Mart and Pharmaprix, PC Financial says all PC Optimum members “earn 15 points per dollar on eligible purchases”, and lists “10 points per dollar for PC Financial Mastercard cardholders”.

Which PC Financial card suits your spending?

Enter your monthly card spending to rank PC Financial's cards by dollars back a year after fees.

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Split a box into the kinds of spending cards treat differently. A blank line uses the typical household's share of its box (Statistics Canada); an amount you type comes out of its box, so nothing is counted twice.

How will you use your points?
Advanced: your own value per program

Cents per point. Leave blank to use the choice above. A value you type is your assumption, not ours.

Filters

Ranked by dollars back a year after fees, for your spending. Welcome offers, benefits and promoted cards never change the order.

  1. 1

    PC Financial Mastercard

    $389a year after fees
    • 389,351 points a year at 0.10¢ (gift cards or merchandise)
    • Fees $0
    • 1.00% back on spending

    Welcome offer50,000 bonus PC Optimum points when you spend $100 at participating Loblaw, Shoppers Drug Mart, Joe Fresh, The Mobile Shop, Esso and Mobil locations within 60 days.Ends Dec 31, 2026. Not part of the ranking; confirm on the issuer’s site.

    • Purchase protection
    • Extended warranty

    Facts checked Nov 12, 2026 · Card details

  2. 2

    PC World Elite Mastercard

    $389a year after fees
    • 389,351 points a year at 0.10¢ (gift cards or merchandise)
    • Fees $0
    • 1.00% back on spending

    Welcome offer50,000 bonus PC Optimum points when you spend $100 at participating Loblaw, Shoppers Drug Mart, Joe Fresh, The Mobile Shop, Esso and Mobil locations within 60 days.Ends Dec 31, 2026. Not part of the ranking; confirm on the issuer’s site.

    • Travel medical
    • Rental car
    • Purchase protection
    • Extended warranty

    Facts checked Nov 12, 2026 · Card details

  3. 3

    PC World Mastercard

    $389a year after fees
    • 389,351 points a year at 0.10¢ (gift cards or merchandise)
    • Fees $0
    • 1.00% back on spending

    Welcome offer50,000 bonus PC Optimum points when you spend $100 at participating Loblaw stores, Shoppers Drug Mart, Joe Fresh or Esso and Mobil within 60 days.Ends Dec 31, 2026. Not part of the ranking; confirm on the issuer’s site.

    • Purchase protection
    • Extended warranty

    Facts checked Nov 12, 2026 · Card details

  4. 4

    PC Insiders World Elite Mastercard

    $269a year after fees
    • 389,351 points a year at 0.10¢ (gift cards or merchandise)
    • Fees $120
    • 1.00% back on spending

    Welcome offer50,000 PC Optimum points when you spend $3,000 in 3 months, and a one-time $120 credit for the first year's annual fee.Ends Dec 31, 2026. Not part of the ranking; confirm on the issuer’s site.

    • Travel medical
    • Rental car
    • Purchase protection
    • Extended warranty

    Facts checked Nov 12, 2026 · Card details

The calculator has no box yet for spending at PC Financial’s grocery stores, Shoppers Drug Mart or Joe Fresh, so the store rates in the table are not part of its ranking.

How do PC Financial cardholders log in and redeem points?

After logging in to the PC Financial online account, cardholders pick their PC Mastercard from the Dashboard. A statement credit needs at least 10,000 PC Optimum points and $7 in balance, and on the PC Insiders World Elite, points can go toward the annual fee only once.

Compare PC Financial's cards with all 162 cards we've checked, from 24 banks, in the card finder

Sources

The figures and rules on this page come from these sources. About CardNorth.