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PC® Mastercard® Review
The Bottom Line
The PC® Mastercard® is a great no-fee card for those who frequently shop at Loblaw-affiliated stores, gas stations, and Shoppers Drug Mart. The ability to earn up to 25 points per $1 spent makes it ideal for families and individuals who want to maximize their grocery and fuel savings. However, if your spending occurs more frequently outside these stores, you might consider a card with higher rewards in more categories.
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on PC Financial's website
Welcome Bonus
20,000 PC points ($20 value)
Rewards Rate
10x - 25x Optimum Points
Points
Annual Fee
$0
Interest Rates
21.99% - 26.99% (not for Quebec) / 22.97% - 27.97% (not for Quebec)
Rewards
- 25 points per $1 dollar spent at Shoppers Drug Mart® stores
- 19 points per $1 dollar spent at ESSO and Mobil (it's 30 points per liter and the assumption of average gas price of $1.6 was made)
- 10 points per $1 dollar spent for all other eligible purchases
Insurance
Coverage
Purchase Protection
90 days
Extended Warranty
1 year
Benefits
Details
Extra points
20 points per $1 spent in PC Travel
Eligibility
Credit Score
FairAnnual Income
N/A
Card Details
Interest Rates
Purchase APR
21.99% - 26.99% (not for Quebec)
Cash Advance APR
22.97% - 27.97% (not for Quebec)
Fees
Annual Fee
$0
Additional Cards
0
Eligibility
Minimum Individual Income
N/A
Minimum Household Income
N/A
Credit Score Estimate
Fair
Type
Pros & Cons
Pros
- Generous points system: Earn high points at Loblaw-affiliated stores, Esso™ and Mobil™ stations, and Shoppers Drug Mart®.
- No annual fee: Enjoy all the rewards and benefits without paying a yearly fee.
- Extended Warranty and Purchase Assurance: Doubles the manufacturer's warranty for up to an additional year and covers items against theft, loss, or damage for 90 days.
- Convenient points tracking: Easily track your PC Optimum™ points and personalized offers by linking your PC® Mastercard® account to your PC Optimum™ account.
- Mobile app access: Manage your account on the go with the PC Financial® app.
Cons
- Low base earn rate outside PC-affiliated stores: Earn only 10 points per $1 spent on purchases outside Loblaw-affiliated stores and partners, which may not be competitive compared to other cards.
- High purchase and cash advance interest rates: Purchase interest rate is 21.99% and cash advance rate is 22.97%, which is standard but could be a concern if you carry a balance.
Get personalized rewards estimates — see exactly how much you could earn.
PC® Mastercard® Points Calculator
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on PC Financial's website