PC Financial World Elite Mastercard
Last updated:
No annual fee
Opens issuer website
Key Details
Annual Fee
$0
Network
mastercard
Credit Required
good, excellent
Reward Type
cashback, points
Rewards Earn Rates
3x
Groceries
1x
Gas
1x
Dining
1x
Travel
1x
Everything Else
Highlights
- No annual fee
- Up to 3% in PC Optimum points at Shoppers Drug Mart
- Up to 3% at Loblaws, No Frills, and other Loblaws banners
- 1% at Esso and Mobil gas stations
Pros & Cons
Pros
- + No annual fee
- + High earn rate at Shoppers Drug Mart
- + Great for Loblaws/No Frills shoppers
- + PC Optimum points are widely usable
Cons
- – Points only redeemable at Loblaw stores
- – $80,000 household income requirement
- – Low earn outside Loblaws ecosystem
- – Limited insurance vs other WE cards
Who Is This Card For?
The PC Financial World Elite Mastercard is best suited for Canadians who prioritize no-fee, groceries, gas spending. With no annual fee, it's an excellent choice for anyone who wants rewards without ongoing costs.
Benefits Breakdown
Extended Warranty
Purchase Protection
Insurance Coverage Details
Ways to Reduce the Annual Fee
- No annual fee ever
- Stack with PC Optimum app offers for maximum value at Shoppers Drug Mart
Multi-Card Strategy
Essential for Loblaws/Shoppers shoppers. Pair with a dining card and a Costco MC for a comprehensive no-fee setup.
See full multi-card strategies →Is this card worth it for you?
Use our rewards estimator to see how much you'd earn based on your spending.
Frequently Asked Questions
Ready to Apply?
Visit the issuer's website to confirm current terms and apply.
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Sources
Last verified: 2026-03-01. Offers and terms can change. Always confirm details on the issuer's website before applying.