PC World Elite Mastercard
Niche cardWhat the roles mean
- Loblaw-banner groceries (30 points per $1, about 3%) and Shoppers Drug Mart (45 points per $1, about 4.5%), with no annual fee
Earn a one-time bonus of 50,000 PC Optimum points (≈ $50 at 0.1¢/pt) when you spend $100 or more at participating stores within 60 days of approval.
Ends December 31, 2026.
Checked on PC Financial's own page October 21, 2026. See PC Financial's page
What it earns in a year
573,000 points a year
Worth about $573.
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: 45× points.
- Groceries: 30× points.
- Gas / EV: 30× points.
- Everything else: 10× points.
Highlighted = use this card here.
Using your points
On the spending above, 573,000 points a year, worth $573.
- 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 World Elite Mastercard
Check first
- Welcome offer for new PC Financial Mastercard cardholders only: apply by December 31, 2026
- One application, three cards: PC Financial decides whether you get the PC, PC World or PC World Elite Mastercard
- 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
- Shoppers Drug Mart / Pharmaprix: every purchase
- Esso and Mobil gas: fine here at 30 points per litre (+10 per litre on premium)
- Everything else: use another card. This one pays 1%
- Keep it at World Elite: charge at least $15,000 a year, or PC Financial moves you to the lower-earning PC World card
- Example: $800/month at Loblaw-banner stores = 288,000 points = $288 a year, spendable at Loblaw and Shoppers
Key facts
- Annual fee
- $0
- 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
- No annual fee
From pcfinancial.ca World Elite page, checked October 17, 2026. Not an affiliate link.
More PC Financial cards
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: $741 a year after both fees, vs $573 with this card alone
- 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 $909 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
- No annual fee
- 30 points per $1 (about 3%) at stores that sell President's Choice products, and Joe Fresh
- 45 points per $1 (about 4.5%) at Shoppers Drug Mart / Pharmaprix
- Welcome offer: 50,000 points (about $50) when you spend $100 at participating stores in 60 days; apply by December 31, 2026
- Travel medical and rental-car cover on a no-fee card
Cons
- Points (1,000 = $1) can be spent only at Loblaw-banner stores, Shoppers and PC Travel
- Downgraded to PC World if you charge less than $15,000 a year
- Needs $80,000 personal or $150,000 household income
- 1% outside Loblaw, Shoppers, Esso and Mobil
- Statement credit pays less: 10,000 points = $7
- 2.5% on foreign-currency purchases
- You apply once; PC Financial decides whether you get the PC, PC World or PC World Elite card
Insurance included
- Travel medical: $1 million, under 65, trips up to 10 days
- Rental car damage: decline the agency's cover and pay 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
- Pay with Points: redeem at checkout in $10 steps (10,000 points)
- Esso and Mobil: at least 30 points per litre, +10 per litre on premium
- 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 World Elite Mastercard | 30× points≈ 3.0% in value | $288 | $0 | October 21, 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 21, 2026 | 50,000 bonus PC Optimum points when you spend $100+ at participating stores (Loblaw banners, The Mobile Shop, Joe Fresh, Shoppers/Pharmaprix, Esso/Mobil) within 60 days of approval; new PC Financial Mastercard cardholders who apply by December 31, 2026Unchanged: offer, $80k / $150k income, earn rates and 21.99% / 22.97% APRs match | $0 (no annual fee) | December 31, 2026 |
| October 17, 2026 | 50,000 bonus PC Optimum points when you spend $100+ at participating stores (Loblaw banners, The Mobile Shop, Joe Fresh, Shoppers/Pharmaprix, Esso/Mobil) within 60 days of approval; new PC Financial Mastercard cardholders who apply by December 31, 2026Changed: was 20,000 pts on $50 spend. You apply for the no-fee PC Mastercard and PC assigns PC / World / World Elite; page also offers a statement credit at 10,000 pts = $7 | $0 (no annual fee) | December 31, 2026 |
General information, not financial advice. Offers change; confirm on PC Financial's page before you apply.