Is there a minimum spend requirement?

There is no published minimum spend amount, but you must make at least one qualifying purchase using your new card to receive the welcome bonus.

Are there any annual fees?

No. The PC Mastercard, PC World Mastercard, and PC World Elite Mastercard currently have no annual fees.

Where can I earn and redeem PC Optimum points?

You can earn and redeem PC Optimum points at participating locations including Loblaws banner grocery stores, Shoppers Drug Mart, Pharmaprix, and Esso and Mobil gas stations across Canada.

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PC Financial Mastercard Welcome Offer – 20,000 PC Optimum Points

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20,000 Bonus Points

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Get this deal

About This Deal

Earn 20,000 PC Optimum points ($20 value) when you’re approved for a no annual fee PC Financial Mastercard and make your first qualifying purchase.

The PC Financial Mastercard is a no annual fee credit card that earns PC Optimum points on everyday purchases. After approval and your first qualifying purchase, you’ll earn 20,000 PC Optimum points worth $20, which can be redeemed for groceries, pharmacy items, and other rewards at participating PC Optimum locations across Canada.

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How to Get This Deal

1
Apply online
Apply online through PC Financial’s official website. Based on your eligibility, you may be approved for a PC Mastercard, PC World Mastercard, or PC World Elite Mastercard.
2
Get approved
Once approved, your card will be issued and linked to your PC Optimum account. Approval is subject to credit review.
3
Make your first qualifying purchase
Use your new PC Financial Mastercard to make at least one qualifying purchase at a participating merchant.
4
Receive your bonus points
After your first qualifying purchase is posted, 20,000 PC Optimum points will be credited to your linked PC Optimum account.

Requirements

Must be a new PC Financial Mastercard cardholder
Must be the age of majority in your province or territory
Must be a Canadian resident
Application subject to credit approval
Income requirements vary by card: no minimum income for PC Mastercard; higher income thresholds apply for PC World and PC World Elite Mastercards

Frequenty Asked Questions

20,000 PC Optimum points are worth $20 when redeemed at participating PC Optimum locations. You can redeem points in increments starting at 10,000 points for $10 off eligible purchases.

Terms & Conditions

This welcome offer is available to new PC Financial Mastercard cardholders only. Bonus points are awarded after approval and the first qualifying purchase. Your account must be open and in good standing at the time points are awarded. Offer terms may change or end at any time without notice.

About PC Financial

PC Financial (President’s Choice Financial) is the financial services brand associated with Loblaw Companies Limited. Founded in 1998, PC Financial offers credit cards and digital banking products through President’s Choice Bank, a federally chartered bank and wholly owned subsidiary of Loblaw. PC Financial products are closely integrated with the PC Optimum loyalty program, allowing Canadians to earn and redeem PC Optimum points through everyday spending and banking at participating locations across Canada.

Key Features

No annual fee credit cards that earn PC Optimum points on everyday purchases
PC Money Account with no monthly fees and no minimum balance requirement
Integrated with the PC Optimum loyalty program, one of Canada’s largest rewards programs
PC Optimum points redeemable in $10 increments (10,000 points = $10) at participating locations
Multiple credit card tiers based on eligibility, including PC, PC World, and PC World Elite Mastercards
Points earning at participating grocery stores, pharmacies, and fuel partners including Loblaw banner stores, Shoppers Drug Mart, and Esso and Mobil stations