PC Mastercard

Entry tier. AT THE PARTNER: 25 PC Optimum points per $1 at Shoppers Drug Mart / Pharmaprix (15 base programme points plus 10 card points). This is the only genuinely elevated category. At PC / Loblaw banner grocery stores this tier earns only 10 points per $1 'in select stores', i.e. The same as everywhere else: the grocery card that does not pay extra for groceries. EVERYWHERE ELSE: 10 points per $1. FUEL: at least 30 points per litre at Esso and Mobil (20 programme points plus 10 per dollar spent), with an additional 10 points per litre on premium grades. A per-litre benefit, so earn_gas is recorded as NOT PUBLISHED rather than converted to a percentage. At 0.1 cents per point, 10 points per $1 is 1% back and 25 points per $1 at Shoppers is 2.5% back. President's Choice Bank publishes no annual earn cap.

No welcome bonus is published in the PC Financial Mastercard Benefits Guide or the Application Disclosure Summary for this tier.

Benefits guide lists only Purchase Assurance (90 days from purchase, theft/loss/damage) and Extended Warranty (manufacturer's warranty doubled up to one additional year), with no dollar limits published. No travel, medical or rental car coverage. Rate structure: Standard Rate 21.99% purchases / 22.97% cash advances (21.97% cash in Quebec); a Basic Rate of 26.99% / 27.97% may be assigned instead and is not available in Quebec; Performance and Default rates of 26.99% / 27.95-27.97% apply after an account review or missed payments. Cash advance fee $5 in Canada, $7.50 outside Canada. Over-limit $29 ($0 in Quebec). Dishonoured payment $42 ($0 in Quebec effective 7 Aug 2025). Balance transfer fee up to 5% of the amount transferred. Cash-equivalent transactions 1% ($5-$10). Minimum payment is past-due amounts plus the greater of $10 or 2.2% of the statement balance (4.5%-5% in Quebec). President's Choice Bank publishes no minimum income for this tier. PC Financial's headline is 'earn up to 4.5% back'. That headline belongs to the top tier. This entry tier earns 10 points per $1 (1%) at Loblaw-banner grocery stores, the same as everywhere else. Points are worth 0.1 cent each and only redeem in 10,000-point ($10) blocks. You cannot redeem a partial balance. Redemption is confined to participating Loblaw-family and Shoppers Drug Mart stores; PC Optimum points are not cash and cannot be spent at an arbitrary merchant. The Esso/Mobil benefit is per litre, so its cash-back-equivalent value falls as fuel prices rise. You may be approved at the 26.99% Basic Rate rather than 21.99%, and the issuer does not disclose the criteria. Balance transfer fee of up to 5% is high for a no-fee card. pcfinancial.ca renders its product pages client-side; earn rates had to be taken from the issuer's PDF benefits guide rather than the web page.