The PC Mastercard is the first card in a string of President’s Choice Mastercards in Canada. It is one of Canada’s best no-fee cards for groceries, and you can earn reward points on your everyday purchases. The PC Mastercard offers flexible reward points that you can redeem at over 2,000 retail locations in Canada.

Keep reading for a complete review of the PC® Mastercard®.

The PC Mastercard At A Glance

• No annual fee
• No minimum income requirements
• Mobile app to track your spending
• Earn at least 10 PC Optimum points everywhere you shop
• Purchase assurance and extended warranty

The PC Mastercard Benefits

Among the many benefits of PC® Mastercard® are:

1. No annual fee

The card has no annual charge and offers generous rewards to help you save money at the grocery store and pharmacy.

2. Cash back rewards

For a no-fee rewards card, the PC Mastercard provides some of the best earn rates. Here’s a breakdown of the card’s reward structure:

• Earn 10 points for every $1 spent everywhere you shop and up to 25 points for every $1 spent at Shoppers Drug Mart.
• Earn at least 30 points per liter at Esso and Mobil stations.
• Get 20 points per $1 spent on PC travel services purchases.

The PC Optimum points you earn can be redeemed at any of the affiliated stores starting from 10,000 points (Worth $10).

3. Extended Warranty and Purchase Assurance

Despite being a no-annual fee card, you still enjoy some premium benefits for signing up. The card offers purchase assurance in the event of theft, loss, or damage in the first three months when you pay in full with your PC Mastercard.

In addition, PC Mastercard doubles the manufacturer’s standard warranty for up to an additional year on items purchased with your credit card.

4. No income requirements

The PC Mastercard has no income requirement. So, it is ideal for many Canadians searching for their first card.

PC Mastercard Downsides

The major downside to this card is that you can only redeem your reward points from PC-affiliated stores.

Also, you earn 10 points (equivalent to 1%) for every purchase outside of targeted PC Optimum offers and in-store promotions.

However, you shouldn’t expect much from this card because it has no annual fees and minimum income requirements. If you have an excellent credit score and a minimum income of up to $100,000, you can sign up for other PC Financial credit cards.

What is the minimum credit score required for a PC MasterCard?

You need a credit score of at least 680 to be eligible for the PC Mastercard credit card.

Is The PC Mastercard Worth It?

If you regularly buy at a PC linked store, this card is a great way to earn free stuff and reward points. Here is a list of some of the president’s choice Mastercard partner stores:

• Zehrs
• Independent Grocer
• Valu-mart
• Real Canadian Superstore
• Shoppers Drug Mart
• No Frills
• Loblaws
• Fortinos
• Wholesale Club
• JoeFresh
• Maxi

In conclusion

Consider applying for the PC® Mastercard® credit card if you’re looking for a cash back card without annual fees.

But, remember that this is a primary card designed for Canadians to get reward points on regular purchases like groceries. It doesn’t offer many rewards like premium cards, but you will get decent returns on your daily spending.