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PC World Elite Mastercard Review
As long as you meet its high annual income requirements, the PC World Elite Mastercard offers the best overall value out of all PC Financial credit cards in Canada.
Feb 20, 2026 2:52 PM
Written By
Lead Writer
The Bottom Line
For strong PC rewards, decent coverage, and admirable perks, apply for the PC World Elite Mastercard, the highest ranked PC credit card in Canada. Available for no annual fee, as long as you meet the income requirements.
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on PC Financial's website
Welcome Bonus
20,000 PC points ($20 value)
Annual Fee
$0
Interest Rates
21.99% / 22.97%
RECOMMENDED CREDIT SCORE
300Poor
560Fair
660Good
725⁎Very Good
760⁎Excellent
Rewards
- 45 points per $1 dollar spent at Shoppers Drug Mart® stores
- 30 points per $1 dollar spent at Atlantic Superstore, Extra Foods, Fortinos, Loblaws, Maxi, Maxi & cie, no frills, Provigo, Real Canadian Superstore, SaveEasy, SuperValu, valu-mart, Your Independent Grocer, Zehrs
- 20 points per $1 spent in PC travel
- 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 everything else
Insurance
Coverage
Travel Medical Insurance (64 & under)
$1M, Up to 10 days.svg)
Car Rental Damage & Theft
Up to 31 days
Purchase Protection
90 days
Extended Warranty
Doubled up to a year
Benefits
Details
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Concierge Services
Identity Theft Assistance
Eligibility
Credit Score
Very GoodAnnual Income
$80,000 personal or $150,000 household
Card Details
Interest Rates
Purchase APR
21.99%
Cash Advance APR
22.97%
Fees
Annual Fee
$0
Additional Cards
0
Eligibility
Minimum Individual Income
$80,000
Minimum Household Income
$150,000
Credit Score Estimate
Very Good
Type
Pros & Cons
Pros
- No annual fee
- Decent insurance
- Decent rewards
Cons
- Limited rewards
- Income requirements
Our Detailed Review
How to Earn Rewards with the PC World Elite Mastercard
There are plenty of ways to earn PC Financial points with the PC World Elite Mastercard.
Cardholders can expect:
- 45 points per $1 dollar spent at Shoppers Drug Mart® stores
- 30 points per $1 dollar spent at Atlantic Superstore, Extra Foods, Fortinos, Loblaws, Maxi, Maxi & cie, no frills, Provigo, Real Canadian Superstore, SaveEasy, SuperValu, valu-mart, Your Independent Grocer, Zehrs
- 20 points per $1 spent in PC travel
- 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 everything else
How to Redeem Rewards with the PC World Elite Mastercard
Once you've collected your PC Financial points, you can put them towards:
- Groceries
- Gas (Esso)
- Statement Credits (Cash)
These redemption categories are listed from most valuable to least valuable. With this in mind, you'll receive the highest cent-per-point value when you redeem your PC Financial rewards towards groceries and gas.
For more information on each redemption category, check out our Credit Card Points Value Calculator.
Compare to Similar Cards
Comparison to Other PC Financial Credit Cards
The PC World Elite Mastercard isn't the only PC Financial credit card in Canada. To help you decide whether this is the right card for you, we've compared it against other PC contenders.
| PC World Elite Mastercard | PC Insiders™ World Elite® Mastercard® | PC® World Mastercard® | PC® Mastercard® | |
|---|---|---|---|---|
Welcome Bonus | 20,000 PC points ($20 value) | Up to 150,000 PC Optimum™ points ($150 value) | 20,000 PC points ($20 value) | 20,000 PC points ($20 value) |
Earn Rates |
|
|
|
|
Insurance Included | 4 types
| 4 types
| 2 types
| 2 types
|
Benefits | 2 benefits
| 2 benefits
| 2 benefits
| 1 benefit
|
Annual Fee | $0 | $120 (First Year Rebated) | $0 | $0 |
Income Requirements | $80,000 personal or $150,000 household | $80,000 personal or $150,000 household | $50,000 personal or $80,000 household | N/A |
Apply Now | APPLY NOW | APPLY NOW | APPLY NOW | APPLY NOW |
PC World Elite Mastercard vs PC Insiders World Elite Mastercard
The PC Insiders World Elite Mastercard card offers better optimization, plus unlimited grocery delivery and pickup on eligible orders, all for an annual price. Luckily this cost is waived for the first year of membership, giving cardholders a budget-friendly head start. As expected, this contender also comes with high annual income requirements.
Verdict: If you don't mind sparing some money annually, you'll receive even more PC Financial rewards points and extra perks with the PC Insiders World Elite Mastercard.
PC World Elite Mastercard vs PC World Mastercard
Also available for no annual fee, the PC World Mastercard offers fewer points per dollar spent on the same earn categories categories and less coverage. The upside? This competitor has lower annual income requirements, making it much more accessible.
Verdict: The PC World Mastercard is an accessible alternative to the PC World Elite Mastercard.
PC World Elite Mastercard vs PC Mastercard
Want to avoid annual fees and income requirements? Then consider the PC Mastercard. Sure, this card offers the fewest points per dollar spent on fewer earn categories, not to mention less coverage and minimal perks, but it makes up for it in accessibility and affordability.
Verdict: For the most affordable and accessible PC credit card, apply for the PC Mastercard.
Benefits and Perks
4 Benefits of the PC World Elite Mastercard
There are a few benefits that make the PC World Elite Mastercard one of the best PC Financial credit cards in Canada and one of the best store credit cards in Canada for Loblaws brand purchases.
To begin, this contender avoids annual fees, making it extremely budget-conscious.
The PC World Elite Mastercard version offers some of the best reward rates overall, second to the PC Insiders version.
For a no-fee credit card, the PC World Elite Mastercard is equipped with decent coverage, including travel medical insurance and car rental damage and theft insurance.
Whether you need help securing a dinner reservation, snagging tickets to an event, or picking the perfect gift, the PC World Elite Mastercard's concierge services is your 24/7 first point of contact.
Drawbacks and Considerations
2 Downsides to the PC World Elite Mastercard
As with any card, there are also some drawbacks to consider.
While this card collects tons of PC Financial rewards points, these points are most valuable when redeemed towards groceries and gas, making them less flexible and valuable compared to other everyday earners.
To qualify for this leading PC contender, you'll need to meet some high annual income requirements.
Frequently Asked Questions
The PC World Elite Mastercard is the PC credit card with the best overall value, as long as you meet its high annual income requirements. If you do, you'll receive impressive rewards, decent coverage, and enticing perks, all for no annual fee.
Currently, the PC World Elite Mastercard requires either a personal annual income of $80,000 or a household annual income of $150,000.
Not really. While you can redeem your points towards statement credits to pay off your credit card bill, which offers some flexibility, this yields the lowest cent-per-point value, compared to groceries and gas.
About the author
Sara Skodak
Lead Writer
Since graduating from the University of Western Ontario, Sara has built a diverse writing portfolio, covering topics in the travel, business, and wellness sectors. As a self-started freelance content ...
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