New cardmembers can earn 50,000 PC Optimum Points, worth roughly $50, by completing the steps below.
How to earn it
50,000 PC Optimum pointsSpend $100 or more in qualifying purchases at participating Loblaw banner grocery stores, The Mobile Shop, Joe Fresh, Shoppers Drug Mart, Pharmaprix, Esso, or Mobil locations within 60 days of account approval
Offer valid for new President's Choice Financial Mastercard cardholders who apply by June 30, 2026. Offer applies to new accounts only.
Offer ends 2026-06-30.
How you earn
10 PC Optimum points per $1 spent at participating Loblaw banner grocery stores (1% back in points)
25 PC Optimum points per $1 spent at Shoppers Drug Mart and Pharmaprix (2.5% back in points)
10 PC Optimum points per $1 spent at Joe Fresh (1% back in points)
At least 30 PC Optimum points per litre at Esso and Mobil stations (minimum 3¢/L back in points)
10 PC Optimum points per $1 spent everywhere else including dining, transit, and everyday purchases (1% back in points)
Redeem PC Optimum points for statement credits at 10,000 points = $7 credit
Built-in perks & coverage
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.
Mastercard Global Service
Emergency card replacement and emergency cash advance assistance while travelling.
Free Additional Cardholders
Add authorized users at no additional annual fee.
Mobile App Account Management
Manage your account, monitor transactions, redeem points, and receive account notifications through the PC Financial app.
Security Alerts
Receive account and security notifications to help monitor card activity and detect suspicious transactions.
The verdict
What we like
No annual fee
No minimum income requirement
Easy-to-earn PC Optimum rewards on everyday spending
Worth noting
Low reward rates outside PC ecosystem
Limited insurance coverage
2.5% foreign transaction fee
Issuer terms apply. ClearFin is not affiliated with this provider. How we make money.
