PC Monetary World Elite Mastercard
Card particulars
| Rates of interest | 21.99% on purchases, 22.97% on money advances (21.97% for residents of Quebec), 22.97% on stability transfers |
| Earnings required | Private earnings of $80,000 or family earnings of $150,000 |
| Credit score rating | 560 or increased |
| Level worth | 10 PC factors = $0.01 at Loblaws grocery community and Buyers Drug Mart. |
Advantages of the PC Monetary World Elite Mastercard
Earn extra PC Optimum factors than with a fundamental membership
All PC Optimum members earn factors on choose purchases. And people factors will be redeemed for groceries, drugstore gadgets, residence necessities, clothes and fuel. However with the PC FInancial World Elite Mastercard, you’ll rack factors up a lot quicker: You get 30 factors per $1 spent at affiliated Loblaw banner grocery shops. Plus, you earn 45 factors per $1 at Buyers Drug Mart and 30 factors per litre at Esso and Mobil stations. Past that, it’s 10 factors per $1 spent on all the pieces else.
Comes with good insurance coverage advantages
The PC Monetary World Elite Mastercard is a unicorn within the bank card world. Though it has no annual payment, cardholders get the additional benefit of insurance coverage protection. As a part of the package deal, you’ll get automotive rental collision/loss harm waiver insurance coverage and as much as $1 million in journey emergency medical insurance coverage (for as much as 10 days from departure). These are two useful options that would save severe coin in your subsequent journey in the event you’re concerned in an accident. It’s laborious to discover a $0 annual payment bank card with these sorts of extras.
How one can earn PC Optimum factors
Incomes is straightforward: merely cost purchases to your PC Monetary World Elite Mastercard. You’ll earn probably the most if you store at PC-affiliated shops, and gas up with its fuel station companions.
With the PC Monetary World Elite Mastercard, you’ll earn 30 Factors per $1 spent at affiliated Loblaw banner grocery shops (corresponding to Loblaws, Fortinos, No Frills and Actual Canadian Superstore), making this one of many greatest no-fee bank cards. The earn fee is a whopping 45 factors per $1 spent at Buyers Drug Mart (in addition to Pharmaprix in Quebec) and a minimum of 30 factors per litre of gasoline or diesel gas bought at Esso and choose Mobil stations in Canada. You’ll get 10 factors per $1 spent on all the pieces else.
How one can redeem PC Optimum factors
Probably the greatest options of PC Optimum is that redemption is a cinch. As quickly as you accumulate 10,000 PC Optimum factors, you’ll be able to redeem them for $10 price of free groceries or merchandise at any taking part shops; or it can save you them for fatter financial savings down the road. Factors are calculated primarily based on the acquisition value of eligible merchandise, much less any relevant reductions and taxes proven on the receipt.
You may redeem PC Optimum factors at about 2,500 taking part retail places, together with:
- grocery shops corresponding to Loblaws, Fortinos, No Frills and Actual Canadian Superstore
- retail shops corresponding to Zehrs and Joe Contemporary
- drugstores corresponding to Buyers Drug Mart and Pharmaprix
Simply inform the cashier that you just wish to “spend” your factors if you scan your PC Optimum card on the checkout counter. Or you’ll be able to redeem factors off your invoice whereas purchasing on-line on the Magnificence Boutique, Joe Contemporary and PC Categorical web sites.
You may see the listing of taking part retailers right here. Whereas the PC Optimum rewards program may be very versatile, there are a number of limitations you have to be conscious of. PC Optimum factors can’t be earned or redeemed for sure gadgets, together with tobacco, alcohol and reward playing cards.