Credit Card Reviews
The PC Financial® World Elite Mastercard® is a standout choice for Canadians who frequently shop at Loblaw-affiliated stores, Shoppers Drug Mart, and fuel up at Esso or Mobil stations. With no annual fee and a robust PC Optimum™ points program, it offers substantial rewards for everyday spending.
Reward Rates:
45 PC Optimum™ points per $1 at Shoppers Drug Mart®
30 points per $1 at Loblaw banner grocery stores and Joe Fresh®
30 points per litre at Esso™ and Mobil™ stations
10 points per $1 on all other purchasesRedemption: Points can be redeemed at over 4,500 locations, including groceries, beauty products, and fuel.
Insurance Coverage:
Travel Emergency Medical Insurance for trips up to 10 days for those under 65
Car Rental Collision/Loss Damage Waiver Insurance
Purchase Assurance and Extended Warranty ProtectionAdditional Perks:
No annual fee
Accepted at Costco
Free additional cardholders
Welcome Bonus: Earn up to 125,000 PC Optimum™ points after your first purchase at a participating store or Esso™/Mobil™ station within 60 days of account approval.
Foreign Transaction Fee: 2.5% on purchases made in foreign currencies
Income Requirement: High income thresholds may limit eligibility
Redemption Restrictions: Points can only be redeemed at PC-affiliated locations
Annual Fee: $0
Interest Rates: 21.99% – 22.97%
Minimum Personal Income: $80,000
Minimum Household Income: $150,000
Suggested Credit Score: 700+
