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
30 PC Optimum points per $1 spent at participating Loblaw banner grocery stores (3% back in points)
45 PC Optimum points per $1 spent at Shoppers Drug Mart and Pharmaprix (4.5% back in points)
30 PC Optimum points per $1 spent at Joe Fresh (3% 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.
Travel Emergency Medical Insurance
Emergency medical 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 and declining the rental agency's coverage.
Identity Theft Assistance Service
Access to assistance services designed to help prevent identity theft and support identity restoration.
24/7 Concierge Service
Access to concierge assistance for dining reservations, event tickets, gift delivery, travel planning, and other personal requests.
Mastercard Global Service
Emergency card replacement and emergency cash advance assistance while travelling.
