PC World Mastercard

Name: PC World Mastercard
Brand: PC Financial

Our take: strongest for groceries — about 2% back in value (est.) with no annual fee, plus a welcome bonus we value at roughly $50.

Welcome bonus50,000 PC Optimum points (a $50 value) after spending $100+ within 60 days

Apply on PC Financial’s site →

Goes straight to PC Financial
Our review

The PC World Mastercard sits in the middle of PC Financial’s three-card lineup — above the base PC Financial Mastercard, below the PC Insiders World Elite Mastercard — and trades a real income requirement for meaningfully higher PC Optimum earn rates at Loblaw-family stores and Shoppers Drug Mart, while still charging no annual fee.

3.5out of 5

MoneyMint rating

#15 of 34 no-fee rewards cards · How we rate

Rewards value

3/10

Insurance

4/10

Flexibility

8/10

Welcome bonus

0/10

Fee value

10/10

Perks

2/10

≈ $302

estimated first-year value after the annual fee, on a typical $2,050/month budget. Points are converted to dollars using MoneyMint’s own valuations — see our points value calculator for how each program is valued. See it for your spending →

At a Glance

Annual Fee

Min. Personal Income

$50,000

Min. Household Income

$80,000

Rewards

~2%on groceries (est. value)

Purchase APR 21.99% · Cash Advance APR 22.97%

Pros & Cons

Pros

No annual fee despite meaningfully higher earn rates than the base PC Mastercard
20 points/$1 (~2%) on groceries at Loblaw-family banners
35 points/$1 (~3.5%) at Shoppers Drug Mart/Pharmaprix
24/7 concierge service for travel, entertainment, and shopping arrangements
Extended warranty and 90-day purchase protection

Cons

Real income bar to qualify: $50,000 personal / $80,000 household
Only 10 points/$1 (~1%) outside bonus categories
No lounge access, travel insurance, or rental car insurance
2.5% foreign transaction fee

Rates & Fees

Purchase APR21.99%

Cash Advance APR22.97%21.97% for Quebec residents

Foreign Transaction Fee2.5%

PC Financial states the gas earn as a per-litre rate: at least 3¢ per litre back in PC Optimum points at Esso and Mobil stations.

Who It’s For

Good Fit

Shoppers who meet the income bar and do most of their grocery/drugstore spending at Loblaw-family stores or Shoppers Drug Mart
PC Optimum members who want higher earn rates without paying an annual fee

Look Elsewhere If

You don’t meet the $50,000/$80,000 income requirement — the base PC Financial Mastercard has no stated income bar
You shop outside the Loblaw/Shoppers ecosystem regularly
You want travel insurance or airport lounge access