PC Mastercard
No-fee PC Optimum card with basic earn rates.
Learn more Canadian credit card comparison and education
PC Financial Mastercard Review
PC Financial Mastercard review for PC Optimum shoppers
Review the current $0 annual fee, 21.99% standard purchase rate and PC Optimum rewards across Loblaw grocery stores, Shoppers Drug Mart, Esso and Mobil.
MoneyMatch provides education and comparison tools. Approval, rates, limits, rewards and offers depend on the issuer and current terms.
MONEY MATCH
•••• •••• •••• 2026
CANADACOMPARE SMARTER
Compare total value
The rewards are strongest inside the PC Optimum ecosystem
The basic PC Mastercard currently earns 1% back in points at participating grocery stores, 2.5% at Shoppers Drug Mart and Pharmaprix, at least 3 cents per litre at Esso and Mobil, and 1% on dining, transit and other eligible purchases.
Compare annual cost
Fees and interest can matter more than rewards.
Compare reward value
Use realistic spending, caps and redemption rules.
Check eligibility
Income and credit requirements vary by issuer.
Read current terms
Offers and insurance can change.
Quick answer
Is the PC Financial Mastercard worth it?
It can be a strong no-fee card for people who already shop regularly in the PC Optimum ecosystem. The value is highest when you frequently use participating Loblaw grocery stores, Shoppers Drug Mart and Esso or Mobil.
The rewards are strongest inside the PC Optimum ecosystem
The basic PC Mastercard currently earns 1% back in points at participating grocery stores, 2.5% at Shoppers Drug Mart and Pharmaprix, at least 3 cents per litre at Esso and Mobil, and 1% on dining, transit and other eligible purchases.
Annual costFees and interest matter.
Reward valueUse real spending, not headline rates.
EligibilityCheck fit before applying.
Compare
Compare the main options
Different card structures solve different financial needs.
PC World Mastercard
Higher earn rates with income requirements.
Learn morePC World Elite Mastercard
Highest PC earn rates and added insurance.
Learn moreCashback card
Rewards paid as cash instead of store points.
Learn moreWho it suits
When this type of card may—or may not—fit
May fit when
- You shop often at participating Loblaw grocery stores.
- You use Shoppers Drug Mart or Pharmaprix regularly.
- You buy fuel at Esso or Mobil.
- You prefer PC Optimum points over travel rewards.
Think twice when
- You rarely shop in the PC Optimum ecosystem.
- You want flexible travel points.
- You carry balances and pay high interest.
- You want premium rewards without meeting higher-tier income criteria.
What to compare
Key factors that determine real card value
Look beyond one headline feature.
$0 annual fee
PC Financial currently lists no annual fee on the PC Mastercard.
21.99% purchase rate
Current standard purchase interest rate.
1% grocery
Current basic-card earn rate at participating grocery stores.
2.5% Shoppers
Current basic-card earn rate at Shoppers Drug Mart and Pharmaprix.
3¢/L+ fuel
At least 3 cents per litre back in points at Esso and Mobil.
1% elsewhere
Current earn rate on dining, transit and general eligible purchases.
Ready to compare?
Compare credit cards before you apply
Match card type, annual cost, rewards and eligibility to your actual needs.
Decision checklist
PC Mastercard snapshot — reviewed September 2026
Use the checklist before making a full application.
$0Annual fee
21.99%Standard purchase APR
2.5%Shoppers / Pharmaprix
3¢/L+Esso / Mobil
How to choose
A practical comparison process
1. Estimate PC ecosystem spending
Groceries, Shoppers and fuel drive most value.
2. Compare card tiers
Higher tiers can earn more but require higher income.
3. Value PC Optimum points realistically
Use them where you already shop.
4. Pay in full
The 21.99% purchase rate can erase rewards.
5. Reassess if your shopping habits change
A broader cashback card may become better.
Pros and cons
Benefits and trade-offs
Pros
- $0 annual fee.
- Strong fit for PC Optimum users.
- Extra value at Shoppers Drug Mart and Pharmaprix.
- Fuel rewards at Esso and Mobil.
Cons
- Rewards are tied to the PC Optimum ecosystem.
- Base-card grocery earn rate is modest.
- Purchase interest is high if balances are carried.
- Higher-tier rewards require income eligibility.
How MoneyMatch compares credit cards
Net value matters more than headline features
Product facts were reviewed against PC Financial’s current Canadian Mastercard pages in September 2026. Rewards, offers and eligibility can change.
Total cost
We consider annual fees, interest and other recurring charges.
Real-world value
We distinguish headline earn rates from likely value after caps and redemption rules.
Eligibility and fit
We consider whether the card is realistic for the intended user.
Author: Money Match Canada · Coverage: Canada · Updated September 6, 2026
Disclosure: MoneyMatch Canada may receive compensation from some card issuers or partners. Compensation does not guarantee placement or approval.
Frequently asked questions
PC Financial Mastercard Review: common questions
Does the PC Financial Mastercard have an annual fee?
PC Financial currently lists no annual fee for the PC Mastercard.
What is the PC Financial Mastercard purchase interest rate?
PC Financial currently lists a 21.99% standard purchase interest rate, with a higher Basic Rate version possible for some approved applicants.
How many PC Optimum points do I earn on groceries?
The basic PC Mastercard currently earns the equivalent of 1% back in points at participating grocery stores.
How much do I earn at Shoppers Drug Mart?
The basic PC Mastercard currently earns the equivalent of 2.5% back in points at Shoppers Drug Mart and Pharmaprix.
Is the PC Mastercard good for gas?
It currently earns at least 3 cents per litre back in PC Optimum points at Esso and Mobil stations.
Compare before you apply
Choose the PC Mastercard when your spending already fits PC Optimum
The $0 annual fee helps, but the biggest value comes from regular Loblaw, Shoppers and Esso or Mobil spending.
MoneyMatch does not guarantee approval, rates, credit limits, rewards or welcome offers.