Ratesopedia

Pros

  • First Year Annual Fee Rebate ($120 annual fee rebated)
  • Up to 50x on Pharmacy
  • Purchase protection included
  • Travel medical insurance included

Cons

  • Foreign Transaction Fee (2.5%)
  • No airport lounge access despite fee

Our Review

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.

Rewards

All Spending

10x

PC Optimum pts per dollar

Groceries

40x

Pharmacy

50x

Credit Card Rewards Calculator

See how much you could earn with this card based on your spending.

0.10¢/ point
0.10¢0.30¢
Groceries40x
$400/month
Pharmacy50x
$150/month
Restaurants10x
$160/month
Gas10x
$300/month
Telecom10x
$300/month
All other spending10x
$700/month

Points Earned

457,200

PC Optimum/yr

Estimated Value

$457

After Fees

+$457

1st Year Value

$457

incl. welcome bonus

Annual rewards breakdown

Groceries$4,800/yr × 40x192,000 pts
Pharmacy$1,800/yr × 50x90,000 pts
Restaurants$1,920/yr × 10x19,200 pts
Gas$3,600/yr × 10x36,000 pts
Telecom$3,600/yr × 10x36,000 pts
All other spending$8,400/yr × 10x84,000 pts
Total annual spend$24,120
Monthly spend$2,010
Average earn rate18.96x
Total points earned457,200 pts

Travel Insurance

Travel Medical

Included

Purchase Protection

Purchase Protection

Included

Extended Warranty

+1 year(s)

Auto Rental

Up to $65,000 / 31 days

Interest Rates

  • Purchase Rate
    21.99%
  • Cash Advance
    22.97%
  • Foreign Transaction Fee
    2.5%

Eligibility

Personal Income

$80,000

Household Income

$150,000

Terms & Conditions

Card Features

  • 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

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Conditions apply. All information is believed accurate but not guaranteed. Card details, rewards, and offers are subject to change at any time. Always verify the latest terms on the issuer’s website before applying. Ratesopedia may receive compensation through affiliate links. This does not affect our editorial choices or card rankings. © 2026 PC Finance. All trademarks are property of their respective owners.