*Interest is calculated daily at the current rate on the total closing savings balance in the PC Money™ Account and paid monthly to the savings balance. It is a simple interest calculation. Interest rates are annual and subject to change without notice. Visit pcfinancial.ca for current rates and more information.

**When you apply online through this webpage, you can take advantage of this introductory offer. This introductory offer is available to new, first-time PC Money™ Account cardholders. For this offer you must have completed the actions or met the conditions described below in order to be eligible for the PC Optimum™ points shown. This offer replaces any other introductory offers. This offer may be terminated or changed by us at any time without notice. terminated or changed by us at any time without notice.

Earn 150,000 PC Optimum™ points for completing the following steps: (i) starting within 60 days of opening your account, deposit a total of at least $1,500 in a calendar month to your PC Money™ Account using automatic payroll or pension direct deposits; and (ii) in each of the following 2 calendar months deposit at least $1,500 to your PC Money™ Account using automatic payroll or pension direct deposits. There must be a minimum of $1,500 deposited for 3 consecutive months for requirement to be met.

The welcome payroll or pension direct deposit bonus points offer during this promotional period is the sum of: (i) the standard payroll or pension points earned each calendar month when you deposit at least $1,500 using automatic payroll or pension direct deposits, and ii) additional points for qualifying deposits made during the promotional period (as outlined above) to top up to a total of 150,000 points.

Standard points will be awarded to your PC Optimum™ account within 2-7 business days of when you meet the minimum direct deposit amount(s).  The additional points will be awarded to your PC Optimum™ account 4-6 weeks after you meet the requirements.

Note: The classification of a direct deposit as a payroll or pension direct deposit is determined solely by President’s Choice Bank. Interac e-Transfer® services, electronic funds transfers, and other forms of deposits or transfers to your account do not count towards this bonus.

† Value shown is for illustrative purposes only. Individual results may vary based on individual savings, deposits and purchase behaviour. This calculation includes regular engagement with the PC Optimum™ program, offers and promotions, with points earned converted at a redemption rate of 10,000 points = $10 worth in rewards.

1 Everyday transactions include an unlimited number of completed electronic fund transfers, withdrawals at PC Financial® bank machines, self‑serve bill payments and purchases in Canadian dollars. For information about daily and transactional dollar value limits on everyday transactions, and fees for other available transactions/services, please see 

here.

2 Information about fees for special requests and services for the PC Money™ Account is available here

3 There is no foreign currency conversion markup when you transact in a foreign currency with your PC Money™ Account. Foreign currency transactions are converted to Canadian dollars at exchange rates set by Mastercard® in effect on the date the transaction is processed. ATM withdrawal fees may still apply.

Your liability may be limited in situations where use of your Account was unauthorized. For more details, please refer to section 6.2 “Unauthorized Transactions” in your PC Money™ 

Account Agreement.

Selected by the MoneySense editorial team as the best rewards bank account in 2025.

®/TM Trademarks of Loblaws Inc., used under license.

Mastercard® is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. President's Choice Bank is a licensee of the marks.

Shoppers Drug Mart®, Pharmaprix® and logos are trademarks of 911979 Alberta Ltd., used under license.

®/TM Interac, interac e-Transfer and the Interac logo are registered trademarks of Interac Corp. Used under license.

Apple, the Apple logo, iPhone, and iPad are trademarks of Apple Inc., registered in the U.S. and other countries and regions. App Store is a service mark of Apple Inc.

Google and the Google logo are registered trademarks of Google LLC.

PC Money™ Account is provided by President’s Choice Bank.

The PC Optimum™ program is provided by President's Choice Services Inc.