PC Financial MasterCard Credit Cards

President’s Choice Financial Mastercard Credit Cards

PC Financial Mastercard

President’s choice financial is a financial service for Canadian designed by Loblaw Companies Limited. PC Financial as it is popularly called by most Canadian as over the year offers just only one card PC Financial Mastercard not until recently when the PC Financial® World Mastercard® and the PC Financial® World Elite Mastercard® was added to their portfolio.

PC Financial Mastercard is famously known for its no annual fee on all cards and PC optimum points for every dollar you spend on your PC Financial® Mastercard. With the PC Financial Mastercard, cardholder earns 10 PC point of every dollar spent and the PC Financial Mastercard credit cards come with some incentives which include no annual fee, low balance transfer for the first six months.

PC Financial MasterCard

PC Financial Mastercard is one of the three credit cards offered by the president’s choice bank. The PC Financial Mastercard which is the oldest card is the less card on their portfolio. The PC Financial Mastercard comes with minimum requirement and also has no annual fee.

Cardholder of the PC Financial Mastercard can earn 25 points on every dollar spent at Shoppers drug mart, 30 points for every litre of gas at Esso Mobil and 10 points on all dollar spent elsewhere.

PC Financial Mastercard has an interest rate of 19.97% on purchases, 22.97% on cash advance interest rate, 0,97% on balance transfer for the first 6 months and PC Financial Mastercard credit card comes with 21 days grace period on every new purchase.

Read More: All You Need to Know About Credit Card

PC Financial World Mastercard

The PC Financial World Mastercard is one of the three credit cards offered by the president’s choice bank. Unlike the PC Financial Mastercard, the World Mastercard gives a higher reward point and also comes with a requirement of $60,000 a year min. personal income or $100,000/ year Min household income.

Like the other credit cards offered by president’s choice, the PC Financial World Mastercard have an interest rate of 19.97% and a promotional offer of 0.97% on balance transfer for the first 6 months of approval.

With the PC optimum point which makes 1,000 points equal to $1, PC Financial World Mastercard reward customers with 20 points on every dollar spent using their credit card. It also requires a credit score of fair-good and comes with no annual fee like the other two cards.

Benefits.

No Annual Fee
35 points on every $1 dollar spent at Shoppers Drug Mart
20 points on every $1 spent at Loblaws stores and PC Travel
10 points on every $1 spent on all other purchases
30 points on every litre at Esso/Mobil locations
0.97% balance transfer for the first 6 months

PC Financial World Elite Mastercard

The highest rank credit card offered by President’s Choice bank is the PC Financial World Elite Mastercard. The World Elite card comes with bumper incentives as that of the other two cards too. The World Elite Mastercard requires a minimum annual personal income of $80,000 or household income of $150,000 before you can be approved.

Like every of the PC Financial cards, the World Elite Mastercard have an interest rate of 19.97% on purchase and 22.97% on cash advance interest rate. The World Elite Mastercard also come will a promotional offer of 0.97% on balance transfer for a new customer for the first 6 months. To be approved of the PC Financial World Elite Mastercard applicant must have at least a credit score of 670 to 739.

Benefits.

No Annual Fee
45 points on every $1 dollar spent at Shoppers Drug Mart
30 points on every $1 spent at Loblaws stores and PC Travel
10 points on every $1 spent on all other purchases
Get 3 cents on every litre at Esso/Mobil locations
0.97% balance transfer for the first 6 months
21 days interest-free grace period

Compare PC Financial Credit Cards

Best known for their reward point, the three PC Financial credit cards: PC Financial Mastercard, PC Financial World Mastercard, and PC Financial World Elite Mastercard have a great competitive advantage against other credit cards in the Canadian market. Below with bring to you with differs the three credit cards from each other even though they all some similarity.

PC Financial MasterCardPC Financial World MasterCardPC Financial World Elite MasterCard
Annual Fee No annual fee No annual fee No annual fee
Eligibility $60,000/ year min personal income -OR- $100,000/ year Min household income $80,000/ year Min personal income -OR- $150,000/ year Min household income
Upgrade Criteria $15,000/ year min. spend $25,000/ year min spend
Interest Rate 19.97% 19.97% 19.97%
Rate on Cash Advance 22.97% 22.97% 22.97%
Balance Transfer 0.97% (promotional for the first six months) 0.97% (promotional for the first six months) 0.97% (promotional for the first six months)
Grace Period 21 days 21 days 21 days
Points in PC Financial stores 10pts/$1 20pts/$1 30pts/$1
Shoppers Drug Mart 25pts/$1 35pts/$1 45pts/$1
Esso Mobil 30pts/$1 30pts/$1 30pts/$1
PC Travels 20pts/$1 20pts/$1 30pts/$1
Everywhere else 10pts/$1 10pts/$1 10pts/$1

Read More: Best Credit Cards in Canada

PC Financial Mastercard Benefits

With no annual fee, and huge PC Optimum Point the PC Financial Mastercard credit cards as stand it ground within the Canadian market. PC Financial Mastercard credit cards come with a lot of benefits which makes it stands out.

All PC Financial credit cards come with some incentive like the sign-up bonus, new cardholders can benefit from the 0.97% rate on balance transfer for the first six months after which balance transfer rate goes up to 22.97%. Their cards also come with purchase assurance for 90 days, extended warranty for one year and a 24/7 concierge service.

With one PC Optimum point valued at $0.001, cardholders can accumulate points shopping with their cards at PC Financial affiliated stores or just by using their cards.

PC Financial Point Redemption

With a lot of PC Optimum Points up grab whenever you use any of the PC Financial credit cards, all these points are made easy to redeem. Cardholders can redeem their points for free at all PC Financial participating stores or online at ShoppersDrugMart.ca, JoeFresh.ca.

You should note, that PC optimum points can only be redeemed if it reaches a minimum of 10,000 points. With one PC optimum point valued at $0.001, 10,000 will equal $10.

Conclusion

Coming with no annual fee, the PC Financial Mastercard is a most have credit card for those who shop at PC Financial stores or affiliated stores as it’s a great savings opportunity. With better reward credit card out there, it’s hard to go wrong with these credit cards.

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