Welcome bonus
New cardmembers can earn first Year Annual Fee Waived + 50,000 PC Optimum Points, worth roughly $170, by completing the steps below.
How to earn it
- $120 annual fee rebateAnnual fee charged to the primary cardholder is credited back in the same statement period during the first year
- 50,000 PC Optimum pointsMake at least $3,000 CAD in qualifying purchases within 3 months of account approval
Offer valid for new President's Choice Financial Mastercard cardholders who apply through the specified offer link by December 31, 2026.
Offer ends 2026-12-31.
How you earn
- 40 PC Optimum points per $1 spent at participating Loblaw banner grocery stores (4% back in points)
- 50 PC Optimum points per $1 spent at Shoppers Drug Mart and Pharmaprix (5% back in points)
- 40 PC Optimum points per $1 spent at Joe Fresh (4% back in points)
- Up to 70 PC Optimum points per litre at Esso and Mobil stations (up to 7¢/L in points)
- 10 PC Optimum points per $1 spent everywhere else (1% back in points)
- 2% back in PC Optimum points on eligible PC Express pickup orders
- Redeem PC Optimum points for statement credits at 10,000 points = $7 credit
Built-in perks & coverage
PC Express Pass Membership
Complimentary PC Express Pass valued at $99.99 per year with unlimited $0 grocery pickup and delivery on eligible orders.
Purchase Assurance
Coverage against theft, loss, or accidental damage for eligible purchases during the first 90 days after purchase.
Extended Warranty
Doubles the manufacturer's original warranty for up to one additional year on eligible purchases.
Travel Emergency Medical Insurance
Coverage for eligible cardholders under age 65 for trips of up to 10 days.
Car Rental Collision/Loss Damage Waiver
Collision damage and theft coverage when renting eligible vehicles.
Identity Theft Assistance Service
Access to assistance services designed to help prevent and recover from identity theft.
Concierge Services
24/7 concierge assistance for travel planning, dining reservations, event tickets, gifts, and other personal requests.
Mastercard Global Service
Emergency card replacement and emergency cash advance assistance while travelling.
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The verdict
What we like
- High earning rates at PC ecosystem merchants
- Complimentary PC Express Pass included
- Strong insurance coverage and concierge services
Worth noting
- $120 annual fee after first year
- Rewards are most valuable within the PC ecosystem
- High income requirement
Issuer terms apply. ClearFin is not affiliated with this provider. How we make money.
