PC Financial · Mastercard · cash back
PC World Elite Mastercard
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Terms read from PC Financial's page on Oct 16, 2026.
Year 1, after fees
$669
Year 2+, after fees
$619
every year after
3 years, after fees
$1,908
Break-even
No fee
Earn rate by category
Points at 0.10¢ each (cash or statement credit); published range 0.1¢ to 0.1¢. Source: PC World Elite Mastercard page.
All values are after each card's annual or monthly fee, and foreign transaction fees when you set foreign spending. Additional-card fees and memberships some benefits need (such as Amazon Prime or Instacart+) aren't included.
Values for points and miles are estimates based on published redemption valuations; actual value depends on how you redeem.
On each spending preset
After fees; points at their cash value. "~" marks estimates.
| Spending | Year 1 | Year 2+ | 3 years | Break-even |
|---|---|---|---|---|
| Student ($985/mo) | $237 | $187 | $610 | No fee |
| Couple ($2,555/mo) | $517 | $467 | $1,452 | No fee |
| Family ($3,350/mo) | $669 | $619 | $1,908 | No fee |
| Frequent traveller ($3,880/mo) | $652 | $602 | $1,857 | No fee |
| Big spender ($7,960/mo) | $1,335 | $1,285 | $3,906 | No fee |
Who it suits
- People who spend a lot on groceries and drugstores, where it earns above its base rate.
Who should skip it
- Nothing stands out on the presets; check it against your own spending.
Fees and rates
- Annual fee
- None
- Foreign transaction fee
- Not stated
- Purchase APR
- 21.99%
Rewards
- 45x on Shoppers Drug Mart
- 30x on Loblaw-owned grocery stores
- 10x on everything else
Eligibility and availability
- Income
- None published
- Provinces
- All (no restriction stated)
Published requirements only. We don't estimate approval odds.
Assumptions
- Point value: PC Optimum points at 0.10 cents each: no redemption style chosen, so cash or statement credit. Source: PC World Elite Mastercard page.
- Welcome bonus: 50,000 PC Optimum points after $100 in purchases in the first 2 months. Your spending meets it in month 1.
- Note: Earns PC Optimum points: 10 points a dollar is 1%.
- Note: The grocery and drugstore rates assume you shop at Loblaw-owned grocery stores and Shoppers Drug Mart.
- Note: Points at Esso and Mobil (at least 3 cents a litre) aren't modelled.
- Note: PC Financial's site doesn't state every term; the ones it doesn't are from third-party sites, cited in the sources.
- Note: PC Financial's page shows 50,000 bonus points; Milesopedia gives the terms. creditcardGenius shows 20,000, which looks out of date.
Not counted or not confirmed
- Foreign transaction fee isn't on the card page.
- Income requirement: the issuer's page couldn't be read automatically on 2026-10-16; re-read by hand.
Earns more every year after year 1
On a family's spending, these keep more value from year 2 than this card's $619.
Scotiabank Gold American ExpressYear 2+ $940
American Express SimplyCash PreferredYear 2+ $936
CIBC Dividend Visa InfiniteYear 2+ $767
Head to head
Frequently asked questions
Is the PC Financial PC World Elite Mastercard worth it?
On a family's spending ($3,350 a month, points at their cash value), it's worth $669 in year 1 and $619 a year after that, after no annual fee.
What is the PC Financial PC World Elite Mastercard welcome offer?
50,000 PC Optimum points after $100 in purchases in the first 2 months.
Does the PC Financial PC World Elite Mastercard charge foreign transaction fees?
The issuer's page doesn't state its foreign transaction fee, so check the full terms before travelling.
Sources
Rates, fees and offers are set by the issuer and may change. Check the issuer's terms before you apply. We don't estimate approval odds.
Compare it with 39 other cards on the Canadian card comparison or read how cards are valued.