PC Insiders World Elite Mastercard
Niche cardWhat the roles mean
- Loblaw-store groceries (40 points per $1, about 4%) and Shoppers Drug Mart (50 points per $1, about 5%), plus free PC Express grocery pickup and delivery
Welcome offer now
Year-one $120 annual fee credited back, plus 50,000 PC Optimum points (about $50) when you spend $3,000 in the first 3 months; apply by December 31, 2026.
Ends December 31, 2026.
Checked on PC Financial's own page October 23, 2026. See PC Financial's page
What it earns in a year
681,000 points a year
Worth about $561 after the $120 fee.
Based on $30,000 a year of spending ($9,600 groceries, $3,000 gas, $3,000 dining…). Welcome offer not included.
Try it with your own spending →
- Drugstore / pharmacy (Shoppers Drug Mart / Pharmaprix: 35 pts/$ card + 15 pts/$ PC Optimum member earn): 50× points.
- Groceries (Loblaw-banner grocery stores (and Joe Fresh); +2% (20 pts/$) more on PC Express pickup orders, max 500,000 pts a subscription year): 40× points.
- Gas / EV (Esso/Mobil only, per litre: at least 50 pts/L (5 cents/L), 70 pts/L in any month with 150 L+, +10 pts/L premium; approximated at $1.50/L (PC's own calculator assumption) = ~33 pts/$): 33× points.
- Everything else: 10× points.
Highlighted = use this card here.
Using your points
On the spending above, 681,000 points a year, worth $681.
- What a point buys (0.1¢): At Loblaw stores and Shoppers: 1,000 points = $1. Same value in store. Statement credit pays less (10,000 points = $7)
How to apply for the PC Insiders World Elite Mastercard
Check first
- Welcome offer for new PC Financial Mastercard cardholders only: apply through PC's offer link by December 31, 2026
- Check you qualify Income: $80,000 personal or $150,000 household. You need to live in Canada and be the age of majority in your province.
- Have this ready Your address and how long you've lived there, your employer and yearly income, and your monthly rent or mortgage. Your SIN is optional for a credit card; you can leave it blank.
- Expect a credit check Applying adds a hard inquiry to your credit report, which lowers your score a little for a few months. Space applications about 90 days apart.
- Apply on PC Financial's own site Apply online from the bank's product page, where the offer above is shown. This isn't an affiliate link: we earn nothing if you apply.Apply on PC Financial's site →
- After you're approved Put the spending needed for the welcome offer on the card before the deadline, and pay the full balance every month.
How to use it
- Groceries at Loblaw banners: Loblaws, No Frills, Real Canadian Superstore, Zehrs, Fortinos, Maxi, Provigo and others, plus Joe Fresh
- PC Express pickup: order online for pickup; the free Pass waives the fee on orders of $30+ and adds 2% more in points
- Shoppers Drug Mart / Pharmaprix: every purchase
- Esso and Mobil gas: 50 points per litre (5¢/L); 70 per litre (7¢/L) in any month you buy 150 litres there
- Everything else: use another card. This one pays 1%
- Example: $800/month at Loblaw-banner stores = 384,000 points = $384 a year, $264 after the fee, spendable at Loblaw and Shoppers
Key facts
- Annual fee
- $120
- Purchase interest
- 21.99%
- Foreign currency fee
- 2.5%
- Min. personal income
- $80,000
- Min. household income
- $150,000
- Rewards
- PC OptimumSee every PC Optimum card
Annual fee waiver
- Year one: $120 credited back under the current offer (apply by December 31, 2026)
- After that: no waiver. You can pay the fee with PC Optimum points (10,000+ points, within 45 days of the fee posting), which still costs you $120 in points
From pcfinancial.ca PC Insiders page, checked October 23, 2026. Not an affiliate link.
More PC Financial cards
Best paired with
Rogers Red World Elite
- This card: groceries, gas / ev, drugstore / pharmacy
- Rogers Red World Elite: dining & restaurants, bills & subscriptions, travel, transit, entertainment, everything else
- Together: $729 a year after both fees, vs $561 with this card alone
- With this card's $120 fee rebated (see Fee waiver): $849 a year
- Rogers pays 2% with an active Rogers, Fido or Shaw service, 1.5% without
If your stores take Amex: Scotiabank Gold Amex for groceries, dining & restaurants, transit, entertainment makes it $801 a year. Costco and Loblaw-banner grocers don't take Amex.
Computed on our standard household ($30,000 a year): each kind of spending goes to whichever card pays more, both fees taken off. Partners are everyday, category and churning cards on Visa or Mastercard. Points at their simplest redemption. Welcome offers not included.
Pros
- 40 points per $1 (about 4%) at Loblaw-banner stores and Joe Fresh
- 50 points per $1 (about 5%) at Shoppers Drug Mart / Pharmaprix
- PC Express Pass included (worth $99.99 a year): $0 pickup and delivery on orders of $30+
- Up to 7¢ per litre in points at Esso and Mobil
- Welcome offer: year-one fee credited back ($120) plus 50,000 points (about $50) for $3,000 in 3 months; apply by December 31, 2026
- Travel medical, rental-car cover and concierge
- Additional cards free
Cons
- $120 a year from year two
- Points (1,000 = $1) can be spent only at Loblaw-banner stores, Shoppers and PC Travel; statement credit pays 10,000 points = $7
- Only 1 point more per $1 at Loblaw than the no-fee PC World Elite ($96 more a year at $800/month)
- 1% outside Loblaw, Shoppers, Joe Fresh, Esso and Mobil
- Welcome offer only for people new to PC Financial Mastercard, applying through the bank's offer link
- Needs $80,000 personal or $150,000 household income
- 2.5% on foreign-currency purchases
- Travel medical covers only the first 10 days of a trip, under 65
Insurance included
- Travel medical: $1 million, under 65, first 10 days of a trip
- Rental car damage: up to 31 days (a longer rental voids all of it), cars up to $65,000; decline the agency's cover and pay the full rental with the card
- Purchases: 90 days of theft/loss/damage cover
- Extended warranty: doubles the maker's warranty, up to +1 year
- Identity theft: help to restore your identity (a service, not a cash benefit)
Maximums as PC Financial lists them. Conditions apply; the insurance certificate decides claims.
Perks
- PC Express Pass: free ($99.99 a year); a paid PC Optimum Insiders subscription is cancelled with a pro-rated refund
- Pay with Points: redeem at checkout in $10 steps (10,000 points)
- PC Optimum app: load weekly personal offers, which earn on top of the card
- World Elite concierge: 24/7
Other cards for groceries
Back a year on $9,600 of groceries, caps included. Points at best-case value. Before annual fees.
| Card | Earns on groceries | Back a year | Annual fee | Terms checked |
|---|---|---|---|---|
| Amex Cobalt | 5× points≈ 10.0% in value | $960 | $192 | October 21, 2026 |
| Scotiabank Gold Amex | 6× points | $576 | $120 | November 2, 2026 |
| Neo World Elite Mastercard | 5% back | $480 | $149 | October 21, 2026 |
| National Bank World Elite Mastercard | 5× points | $480 | $150 | October 21, 2026 |
| Desjardins Cash Back World Elite Mastercard | 4% back | $384 | $100 | October 23, 2026 |
| SimplyCash Preferred | 4% back | $384 | $120 | October 21, 2026 |
| PC Insiders World Elite Mastercard | 40× points≈ 4.0% in value | $384 | $120 | October 23, 2026 |
Other cards for drugstore / pharmacy
Back a year on $600 of drugstore / pharmacy, caps included. Points at best-case value. Before annual fees.
| Card | Earns on drugstore / pharmacy | Back a year | Annual fee | Terms checked |
|---|---|---|---|---|
| PC Insiders World Elite Mastercard | 50× points≈ 5.0% in value | $30 | $120 | October 23, 2026 |
| PC World Elite Mastercard | 45× points≈ 4.5% in value | $27 | $0 | October 21, 2026 |
| Amex Gold Rewards | 2× points≈ 4.0% in value | $24 | $250 | October 21, 2026 |
| BMO eclipse Visa Infinite Privilege | 5× points≈ 3.4% in value | $20 | $599 | November 2, 2026 |
| Rogers Red World Elite | 2% back≈ 3.0% in value | $18 | $0 | October 21, 2026 |
| CIBC Aventura Visa Infinite | 1.5× points≈ 3.0% in value | $18 | $139 | October 21, 2026 |
How the offer has changed
One row per check of PC Financial's page, newest first. Old rows are never edited.
| Checked | Welcome offer | Fee, year one | Ends |
|---|---|---|---|
| October 23, 2026 | First year annual fee waived ($120 one-time credit) plus 50,000 bonus PC Optimum points ("$50 in a bonus welcome points offer") after $3,000 in qualifying purchases within 3 months of approval; new PC Financial Mastercard cardholders who apply with the specified link by December 31, 2026First row (card added to the library). $80k / $150k income; 21.99% / 22.97% (21.97% QC); 2.5% FX | $120; year one credited back | December 31, 2026 |
General information, not financial advice. Offers change; confirm on PC Financial's page before you apply.