Best PC Optimum Credit Cards in Canada - September 2026

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TD First Class Travel^® Visa Infinite* Card

TD TD Rewards First-Year Annual Fee Rebate

Annual fee: $0 $139No annual fee the first year; No annual fee the first year
Our valuation: $1,039Milesopedia first-year estimate First-year valueWelcome bonus$800Annual fee rebated$139Annual credit$100Total$1,039Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.; Milesopedia first-year estimateFirst-year valueWelcome bonus$800Annual fee rebated$139Annual credit$100Total$1,039Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
Welcome offer: Up to 160,000 points; + First Year Annual Fee Rebate

With the TD First Class Travel^® Visa Infinite* Card, you can earn up to 160,000 TD Rewards Points^† as well as an Annual Fee rebate for the first year^†:

20,000 TD Rewards Points for the first purchase made with your card^†
140,000 TD Rewards Points when you spend $7,500 within 180 days of account opening^†
A Birthday Bonus of up to 10,000 TD Rewards Points^†

Get an annual TD Travel Credit^† of $100 when you book at Expedia^® For TD, and enjoy your time at the airport with global airport lounge access and 4 complimentary lounge visits with Visa Airport Companion Program (a value of up to $277)^†.

With the TD First Class Travel^® Visa Infinite* Card, you earn:

8 TD Rewards Points^† for every $1 you spend when you book travel through Expedia^® For TD^†
6 TD Rewards Points^† per dollar on your grocery, dining and public transit purchases
4 TD Rewards Points^† per dollar on your recurring bill payments and purchases of streaming services as well as digital games and media
2 TD Rewards Points^† per dollar on all other purchases made with your card

This card also allows you to enjoy a range of travel benefits, including an annual travel credit, complimentary airport lounge visits, and a birthday bonus that boosts your points each year^†.

Legal

^†Terms and conditions apply.

Annual fee

Primary card$139

Additional card$50

Annual income required

Individual$60,000

Household$100,000

Conversion fees

2.5%

Earning rate

6xGroceries
6xRestaurants
6xTransit
4xBills & recurring payments
4xStreaming
2xAll spending

Value

1st Year Value$1,406

2nd Year Value$531

Card benefits

Concierge service24/7

Airport lounge access$160

Travel insurance

Travel medical (under 55)Up to $2,000,000 / 21 days

Travel medical (55-64)Up to $2,000,000 / 21 days

Travel medical (65+)Up to $2,000,000 / 4 days

Trip CancellationUp to $1,500

Trip InterruptionUp to $5,000

Delayed BaggageUp to $1,000

Lost BaggageUp to $1,000

Flight DelayUp to $500

Hotel BurglaryUp to $2,500

Travel AccidentUp to $500,000

Purchase protection

Purchase ProtectionIncluded

Extended Warranty+1 years

Mobile DeviceUp to $1,000

Auto Rental CollisionUp to $65,000 / 48 days

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PC® World Elite® Mastercard®

PC Financial PC Optimum

Annual fee: $0
Our valuation: $20Milesopedia first-year estimate First-year valueWelcome bonus$20Total$20Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.; Milesopedia first-year estimateFirst-year valueWelcome bonus$20Total$20Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
Welcome offer: 20,000 points

Features
Issuer: PC Financial
Network
Loyalty Program: PC Optimum

Fees and terms
Annual Fee: $0
Min. annual income: $80,000+
Household income: $150,000+

Interest rates
Purchases: 21.99 %
Cash advance: 22.97 %
Foreign transaction fee: 2.5 %

Issuer terms

SPECIAL OFFER: Earn 20,000 PC Optimum^™ points when you apply for the no annual fee PC^® World Elite^® Mastercard^® and spend $50 or more at participating stores within 60 days of account approval.

That’s like $20. And you deserve an extra $20.

See terms and conditions** for details.

Rewards to look forward to

3% back in points² at our grocery stores³
At least 3¢ / litre back in points at Esso^™ and Mobil^™4 stations
4.5% back in points at Shoppers Drug Mart^® and Pharmaprix^®5
3% back in points at Joe Fresh^®2
1% back in points on dining, transit and everywhere else²

You’ll love these benefits

Travel Emergency Medical Insurance: For trips up to 10 days from date of departure, for those under age 65¹⁰.
Car Rental Collision/ Loss Damage Waiver Insurance: Collision damage and theft coverage for your car rental needs10.
Identity Theft Assistance Service: To help you avoid identity theft or restore your identity¹⁰.
Concierge Services: 24/7 concierge service to make dinner reservations, reserve event tickets, deliver gifts and more¹⁰.

Even more benefits you’ll love

Purchase Assurance: In the event of theft, loss or damage in the first 90 days when you pay in full with your PC^® World Elite^® Mastercard^®⁶.
Extended Warranty: Doubles the manufacturer’s regular warranty for up to an additional year on eligible items purchased with your PC^® World Elite^® Mastercard^®6.
Mastercard Global Service^MC: Mastercard Global Service^MC replaces your card or offers a cash advance in case of emergency⁷.

Read full review

Rewards: Rate
Pharmacy: 45x
Groceries: 30x

Travel insurance: Coverage
Travel medical (under 55): 10 days
Travel medical (55-64): 10 days

Purchase protection: Coverage
Purchase Protection: 90 days
Extended Warranty: +1 year
Auto Rental Collision: $65,000 · 31 days

Read full review

Pros

No annual fee
Welcome bonus of 20,000 points
30x on groceries
10x at restaurants

Cons

Requires good credit

The PC World Elite Mastercard currently offers a 20,000 PC Optimum points welcome bonus after spending $50 in the first two months, with no annual fee. With this Card:

4.5% back in points at Shoppers Drug Mart^® and Pharmaprix^®5
Get 3% back in points at Loblaw banner grocery stores including Loblaws^®, No Frills^®, Real Canadian Superstore^®, Maxi^® and at Joe Fresh.
At least 3¢ per litre back in points on fuel at Esso and Mobil
1% back in points per dollar spent everywhere else

This means you get between 1% and 4.5% back on your purchases made at PC Optimum stores. You can then use your points for discounts at checkout or convert them into $7 credit per 10,000 points directly on your card balance.

Additionally, this card includes travel medical insurance, rental car collision insurance, a concierge service, and 90-day purchase assurance—rare benefits for a no-annual-fee card.

Read full review

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PC® World Mastercard®

PC Financial PC Optimum

Annual fee: $0
Our valuation: $20Milesopedia first-year estimate First-year valueWelcome bonus$20Total$20Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.; Milesopedia first-year estimateFirst-year valueWelcome bonus$20Total$20Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
Welcome offer: 20,000 points

Features
Issuer: PC Financial
Network
Loyalty Program: PC Optimum

Fees and terms
Annual Fee: $0
Min. annual income: $50,000+
Household income: $80,000+

Interest rates
Purchases: 21.99 %
Cash advance: 22.97 %
Foreign transaction fee: 2.5 %

Issuer terms

SPECIAL OFFER: Earn 20,000 PC Optimum^™ points when you apply for the no annual fee PC^® World Mastercard^® and spend $50 or more at participating stores within 60 days of account approval.

See the terms and conditions^** for more details.

Rewards to look forward to

2% back in points² at our grocery stores³
At least 3¢ / litre back in points at Esso^™ and Mobil^™4 stations
3.5% back in points at Shoppers Drug Mart^® and Pharmaprix^®5
2% back in points at Joe Fresh^®2
1% back in points on dining, transit and everywhere else²

You’ll love these benefits

Concierge Services: 24/7 concierge service to make dinner reservations, reserve event tickets, deliver gifts and more¹⁰.
Purchase Assurance: In the event of theft, loss or damage in the first 90 days when you pay in full with your PC^® World Mastercard^®6.
Extended Warranty: Doubles the manufacturer’s regular warranty for up to an additional year on eligible items purchased with your PC^® World Mastercard^®⁶.
Mastercard Global Service^MC: Mastercard Global Service^MC replaces your card or offers a cash advance in case of emergency⁷.

Read full review

Rewards: Rate
Pharmacy: 35x
Gas & EV: 30x
Groceries: 20x

Purchase protection: Coverage
Purchase Protection: 90 days
Extended Warranty: +1 year

Read full review

Pros

No annual fee
Welcome bonus of 20,000 points
20x on groceries
10x at restaurants

Cons

Requires good credit

With a welcome bonus of 20,000 PC Optimum points after spending $50 in the first two months and no annual fee, the PC World Mastercard is a solid option for regular customers in the Loblaw ecosystem. Here’s what it offers:

3.5% back in points at Shoppers Drug Mart and Shoppers Drug Mart
At least 3¢ per litre back in points at Esso and Mobil stations
Earn 2% back in points at Loblaw banner grocery stores including Loblaws^®, No Frills^®, Real Canadian Superstore^®, Maxi^® and more³.
1% back in points everywhere else

In practical terms, this represents between 1% and 3.5% back on your purchases at PC Optimum partner stores. Your points can be redeemed for discounts at checkout or converted into a $7 statement credit for every 10,000 points.

The card also includes a 24/7 concierge service, 90-day purchase assurance, an extended warranty, and Mastercard Global Service in case of emergency — all without paying a single dollar in annual fees.

Read full review

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PC® Mastercard®

PC Financial PC Optimum

Annual fee: $0
Our valuation: $20Milesopedia first-year estimate First-year valueWelcome bonus$20Total$20Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.; Milesopedia first-year estimateFirst-year valueWelcome bonus$20Total$20Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
Welcome offer: 20,000 points

Features
Issuer: PC Financial
Network
Loyalty Program: PC Optimum

Fees and terms
Annual Fee: $0
Min. annual income: —
Household income: $0+

Interest rates
Purchases: 21.99 %
Cash advance: 22.97 %
Foreign transaction fee: 2.5 %

Issuer terms

SPECIAL OFFER: Earn 20,000 PC Optimum^™ points when you apply for the no annual fee PC^® Mastercard^® and spend $50 or more at participating stores within 60 days of account approval.

See the terms and conditions^** for more details.

Rewards to look forward to

1% back in points² at our grocery stores³
At least 3¢ per litre back in points at Esso^™ and Mobil^™4 stations
2.5% back in points at Shoppers Drug Mart^® and Pharmaprix^®5
1% back in points at Joe Fresh^™2
1% back in points on dining, transit and everywhere else²

Even more benefits you’ll love

Purchase Assurance: In the event of theft, loss or damage in the first 90 days when you pay in full with your PC^® Mastercard^®⁶.
Extended Warranty: Doubles the manufacturer’s regular warranty for up to an additional year on eligible items purchased with your PC^® Mastercard^®⁶.
Mastercard Global Service^MC: Mastercard Global Service^MC replaces your card or offers a cash advance in case of emergency⁷.

Read full review

Rewards: Rate
Gas & EV: 30x
Pharmacy: 25x

Purchase protection: Coverage
Purchase Protection: 90 days
Extended Warranty: +1 year

Read full review

Pros

No annual fee
Welcome bonus of 20,000 points
10x on groceries
10x at restaurants

Cons

Fewer premium perks

The PC Mastercard offers a 20,000 PC Optimum^™ welcome bonus after you spend $50 in the first two months, all with no annual fee. It’s an ideal entry-level card to start earning points within the Loblaw ecosystem.

1% back in points at Loblaw banner grocery stores, including Loblaws^MD, No Frills^MD, Real Canadian Superstore^MD, Maxi^MD, and other locations³.
At least 3¢ per litre back in points on fuel at Esso and Mobil stations
2.5% back in points at Shoppers Drug Mart and Pharmaprix
1% back in points at Joe Fresh
1% back in points everywhere else

This way, you earn between 1% and 3% back on your purchases at PC Optimum stores. Your points can then be redeemed for discounts at checkout or a $7 credit per 10,000 points applied directly to your card balance.

With its 90-day purchase assurance, extended warranty, and Mastercard Global Service, this card offers valuable protections for a no-annual-fee card.

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PC Insiders™ World Elite Mastercard®

PC Financial PC Optimum First-Year Annual Fee Rebate

Annual fee: $0 $120No annual fee the first year; No annual fee the first year
Our valuation: $120Milesopedia first-year estimate First-year valueAnnual fee rebated$120Total$120Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.; Milesopedia first-year estimateFirst-year valueAnnual fee rebated$120Total$120Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
Welcome offer: First Year Annual Fee Rebate; $120 annual fee rebated

Features
Issuer: PC Financial
Network
Loyalty Program: PC Optimum

Fees and terms
Annual Fee: $120/yr
Min. annual income: $80,000+
Household income: $150,000+

Interest rates
Purchases: 21.99 %
Cash advance: 22.97 %
Foreign transaction fee: 2.5 %

Issuer terms

Welcome offer: receive an annual fee rebate for the first year (value of $120)
Unlimited grocery deliveries and pickups for $0 with a free PC Express Pass subscription (an annual value of $99.99), valid for eligible orders of $35 or more.
50 PC Optimum points per dollar spent at Shoppers Drug Mart
50 PC Optimum points per litre of gas at Esso and Mobil
40 PC Optimum points per dollar spent at Loblaws and Joe Fresh stores
10 PC Optimum points per dollar of purchases everywhere else

Read full review

Rewards: Rate
Pharmacy: 50x
Groceries: 40x

Travel insurance: Coverage
Travel medical (under 55): 10 days
Travel medical (55-64): 10 days

Purchase protection: Coverage
Purchase Protection: 90 days
Extended Warranty: +1 year
Auto Rental Collision: $65,000 · 31 days

Read full review

Pros

First Year Annual Fee Rebate
40x on groceries
10x at restaurants

Cons

No welcome bonus
Requires good credit

With the PC Insiders^™ World Elite Mastercard^®, you get:

50 PC Optimum points per dollar spent at Shoppers Drug Mart
40 PC Optimum points per dollar spent at Loblaws and Joe Fresh stores
30 PC Optimum points per litre of gas at Esso and Mobil
10 PC Optimum points per dollar of purchases everywhere else

This means you get between 1% and 5% on your purchases made at PC Optimum stores. You can then use your PC Optimum points for rebates at the checkout of these PC Optimum stores. Plus, the first year is free!

In addition, you can get unlimited grocery deliveries and pickups for $0 with a free PC Express Pass subscription (an annual value of $99.99), valid for eligible orders of $35 or more.

Read full review

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Why PC Optimum?

PC Optimum is one of Canada's largest loyalty programs with 18+ million members. If you shop at Loblaws, No Frills, Real Canadian Superstore, Shoppers Drug Mart, or Esso, a PC Financial Mastercard accelerates your points earning dramatically.

How PC Optimum Points Work

PC Optimum points are worth 1 cent per point when redeemed for groceries or merchandise. The PC World Elite Mastercard earns up to 30 points per dollar at PC stores, plus bonus points on gas. Combined with weekly personalized offers, you can earn hundreds of dollars in free groceries every year.

FAQ

Frequently Asked Questions

What is a PC Optimum point worth?

Each point is worth 1 cent. You need 10,000 points to redeem $10 in free groceries at any Loblaw banner store.

Is the PC World Elite Mastercard worth it?

If you spend $500+/month at PC stores and Shoppers, the World Elite version ($119/yr) easily earns 3-5x its fee. The no-fee PC Mastercard is best for light spenders.

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Annual fee

Annual income required

Conversion fees

Earning rate

Value

Card benefits

Travel insurance

Purchase protection

Issuer terms

Pros

Cons

Issuer terms

Pros

Cons

Issuer terms

Pros

Cons

Issuer terms

Pros

Cons

Why PC Optimum?

How PC Optimum Points Work

Frequently Asked Questions

What is a PC Optimum point worth?

Is the PC World Elite Mastercard worth it?

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