PC Insiders World Elite Mastercard

Top tier and the only PC card with an annual fee. AT THE PARTNER: 50 PC Optimum points per $1 at Shoppers Drug Mart / Pharmaprix; 40 points per $1 at participating PC / Loblaw banner and Joe Fresh stores. EVERYWHERE ELSE: 10 points per $1. Identical to the free entry card. FUEL: up to 70 points per litre at Esso and Mobil (50 base plus a 20-point-per-litre bonus that requires buying 150 or more litres in a month), plus 10 extra points per litre on premium grades; per-litre, so earn_gas recorded as NOT PUBLISHED. At the issuer's own 0.1 cent per point: 5% at Shoppers, 4% at Loblaw banners, 1% everywhere else. Note the 20-points-per-litre fuel bonus is conditional on a 150 L monthly volume threshold. A real cap-like condition most drivers will not hit every month. No annual earn cap published.

No welcome bonus published in the issuer's Insiders benefits guide or the Application Disclosure Summary. Loblaw's launch release advertises 'get $1,100 in average annual value', a modelled figure derived from 2022 cardholder spending data, not a guaranteed or contractual benefit.

Launched 1 December 2023. $120 annual fee, up to four additional cardholders at no cost. Included in the issuer's benefits guide: Travel Emergency Medical up to $1,000,000 for trips of up to 10 days, age limit under 65; Car Rental Collision/Loss Damage Waiver for rentals up to 31 consecutive days when the full rental cost is charged to the card; Purchase Assurance (90 days); Extended Warranty (doubled up to one extra year); 24/7 Mastercard concierge; identity theft assistance. The signature non-insurance benefit is a complimentary PC Express Pass (unlimited $0 online grocery delivery and pickup on eligible orders), which the issuer values at $99.99 per year. Rates and fees are the same as the no-fee PC tiers. Existing eligible PC Mastercard holders can upgrade in their online account. A $120 'World Elite' whose travel medical caps at 10 days per trip and cuts off at age 65. Narrower than most no-fee bank World Elite cards. No trip cancellation, no trip interruption, no flight delay, no baggage delay and no mobile device insurance despite the fee. Everywhere-else earning is 10 points per $1 (1%), exactly the same as the free PC Mastercard. All of the fee's value is concentrated in Loblaw and Shoppers spending. The 20-points-per-litre Esso/Mobil bonus requires buying 150+ litres in a calendar month. $1,100 'average annual value' is a Loblaw marketing model based on 2022 data, not a promise. Points still redeem only in 10,000-point ($10) blocks inside the PC Optimum network, so the fee must be earned back in store credit, not cash.