| Product or account | Options | |
|---|---|---|
| PC Optimum membership | Loyalty program | • Earn factors on choose in-store and on-line purchases at Loblaw grocery shops • 15 factors per $1 spent (1.5%) at Consumers Drug Mart • 10 factors per litre at Esso/Mobil • No annual charge |
| PC Monetary Mastercard* | Bank card | • Earn 10 factors per $1 spent (1%) at Loblaw grocery shops • 25 factors per $1 (2.5%) at Consumers Drug Mart • 30 factors per litre at Esso/Mobil • 10 factors per $1 (1%) all over the place else • No annual charge • Minimal revenue: n/a |
| PC Monetary World Mastercard* | Bank card | • Earn 20 factors per $1 spent (2%) at Loblaw grocery shops • 35 factors per $1 (3.5%) at Consumers Drug Mart • 30 factors per litre at Esso/Mobil • 10 factors per $1 (1%) all over the place else • No annual charge • Minimal revenue: $60,000/$100,000 |
| PC Monetary World Elite Mastercard* | Bank card | • Earn 30 factors per $1 spent (3%) at Loblaw grocery shops • 45 factors per $1 (4.5%) at Consumers Drug Mart • 30 factors per litre at Esso/Mobil • 10 factors per $1 (1%) all over the place else • No annual charge • Minimal revenue: $80,000/$150,000 |
| PC Cash Account | Checking account | • Earn 10 factors per $1 spent (1%) at Loblaw grocery shops • As much as 25 factors per $1 (2.5%) at Consumers Drug Mart • 5 factors per $1 (0.5%) all over the place else • As much as 5,000 factors per 30 days when utilizing computerized invoice funds • As much as 5,000 factors per 30 days for direct depositing your paycheque • No month-to-month charge |
The way to maximize your PC Optimum rewards in 2023
The PC Optimum rewards program enables you to earn factors redeemable for merchandise at Loblaw-affiliated grocery shops, Consumers Drug Mart, and Esso and Mobil gasoline stations. Incomes and redeeming factors is simple. There are many methods to earn factors if you store, and you’ll redeem 10,000 PC Optimum factors for $10 off just about something out there at taking part shops. Simply inform the cashier and the financial savings come off on the until. Savvy consumers can accumulate much more factors with a PC Cash Account or by paying with considered one of three PC Credit cards. Learn on to find how you can maximize your PC Optimum rewards.
PC Optimum factors highlights
- PC Optimum factors have a worth of 1%—10 factors are equal to $0.01.
- The PC Optimum card or app is your entry-level go to this system, permitting you to earn factors on choose purchases.
- You’ll be able to stack your factors by carrying considered one of three PC Credit cards or banking with a PC Cash Account.
The worth of PC Optimum factors
At Loblaw grocery shops and Consumers Drug Mart, PC Optimum factors should be redeemed in 10,000-point increments, and 10,000 factors have a worth of $10. Because of this 1 PC Optimum level is price 0.1 cents, and 10 factors are price 1 cent. So, you possibly can consider PC Optimum factors as having a worth of 1% when redeeming at these shops.
The purpose worth can fluctuate when redeeming for gasoline purchases. If you refill at an Esso station, you possibly can redeem 4,000 PC Optimum factors for a reduction of 10 cents per litre (as much as a most of 40 litres). Getting the total 40 litres offers you $Four in financial savings—some extent worth of 0.1 cents (or 1%).
Nevertheless, you’ll need to redeem 4,000 factors to get the low cost, even if you buy underneath 40 litres of gasoline. This will decrease the redemption worth. Buying 30 litres of gasoline, for instance, offers you some extent worth of 0.075 cents (or 0.75%).
Redeeming for automobile washes might help stretch your factors additional. At Esso stations, you possibly can redeem 10,000 factors for any free automobile wash. Redeeming for any automobile wash price greater than $10 pushes the purpose worth above the standard 1%. Get a $15 automobile wash and your PC level worth jumps to 1.5%.
Notice you could earn factors at Mobil stations, however you possibly can’t redeem factors there.
The place to earn PC Optimum factors
There’s an enormous number of retailers within the PC Optimum program all throughout the nation. Main companions embody:
- Loblaw-owned grocery shops, together with Loblaws, No Frills, Actual Canadian Superstore, The Impartial Grocer, Zehrs, Fortinos, Additional Meals, Wholesale Membership and Dominion.
- Consumers Drug Mart and Pharmaprix drugstores
- Esso and Mobil gasoline stations
- Joe Recent
- The Cell Store
- Theodore & Pringle Optical
Lastly, you possibly can earn PC Optimum factors on any buy if you use one of many three PC Monetary Credit cards listed under.
The way to earn PC Optimum factors
Consider a primary PC Optimum membership as your entry-level go to this system. Use the PC Optimum card or app to earn factors if you store at affiliated shops on-line or in individual, and likewise by way of personalised provides. Factors might be earned at greater than 4,500 places throughout the Loblaw household of grocery shops, in addition to Consumers Drug Mart (or Pharmaprix in Quebec), and Esso and Mobil gasoline stations.
There are numerous methods to earn PC Optimum factors. The earn fee is determined by the place you store, the promotions occurring in shops, the cardboard(s) you maintain and the opposite PC providers you employ. Factors earned by way of personalised provides and in-store promotions fluctuate. In any other case, you possibly can earn:
- 15 factors on nearly each $1 spent at Consumers Drug Mart and Pharmaprix
- 10 factors per litre of gasoline and per $1 spent on comfort objects and automobile washes at Esso gasoline stations
- A variable variety of factors at Mobil gasoline stations (charges fluctuate by station)
In-store provides
If you’re strolling the aisles at taking part shops, hold a watch out for the PC Optimum emblem. In-store provides allow you to earn extra on on a regular basis objects. For instance, Consumers Drug Mart periodically has a promotion for 20x the factors. You will get your coupon by loading the supply in your weekly electronic mail or opening your Consumers or PC Optimum app. Be proactive by checking flyers prematurely if you’re writing up your purchasing checklist.
Customized provides
If you register for personalised provides, you’ll obtain provides each Thursday for objects you’ve bought earlier than or are prone to be focused on (based mostly in your transaction historical past). Examples embody bonus factors on sure objects, further factors with a minimal spend, and bonus factors days when you will get reductions whereas incomes further factors. These provides are nice, low-effort methods to multiply your earnings.
Different PC providers
Give your factors stability a severe bump if you join a no-fee PC Monetary Mastercard. You’ll earn factors on each buy you make, irrespective of the place you make them. Plus, if you swap out your chequing account for a PC Cash Account, you’ll speed up your earnings all over the place you store.
Enhance your PC Optimum rewards with a PC Monetary Mastercard
Bump up your PC Optimum factors earn fee and earn rewards all over the place with one of many three no-fee PC Monetary Credit cards.
At a look: The PC Monetary Mastercard has no annual charge and no minimal revenue requirement, making it a very accessible solution to earn PC Optimum rewards irrespective of the place you store. With accelerated grocery, gasoline, drugstore and journey bonus classes, you’ll attain your factors objectives even quicker.
- Annual charge: $0
- Rates of interest: 20.97% on purchases, 22.97% on money advances, 22.97% on stability transfers
- Earn fee: 25 factors per $1 spent at Consumers Drug Mart; not less than 30 factors per $1 at Esso and Mobil gasoline stations; 20 factors per $1 at PC Journey; 10 factors per $1 on all the things else
- Welcome supply: You’ll be able to Earn 20,000 PC Optimum™ factors with a brand new PC® Mastercard®
- Annual revenue requirement: None
Professional
- Earn factors on all of your purchases, and get extra factors at Consumers Drug Mart and Esso and Mobil gasoline stations than you’ll by merely being a PC Optimum member.
- This card comes with no charge and is accessible irrespective of your annual revenue, making it an amazing match for youthful folks.
- Rise up to 4 free playing cards for members of the family.
Con
- This card doesn’t include journey insurance coverage or different perks.
- The earn fee on groceries is just 10 factors per $1 spent irrespective of the place you store, so should you spend $100 on groceries and pay utilizing this card, you’ll earn 1,000 factors (a worth of $1, or 1%). You’ll be able to earn double that worth in money again with the no-fee Tangerine Cash-Again Card.
At a look: The PC Monetary World Mastercard is obtainable to individuals who have an annual revenue of greater than $60,000 (or $100,000 for the family). With this card you’ll get pleasure from boosted earn charges with out having to pay any annual charge.
- Annual charge: $0
- Rates of interest: 20.97% on purchases, 22.97% on money advances, 22.97% on stability transfers
- Earn charges: 35 factors per $1 spent at Consumers Drug Mart and Pharmaprix, 30 factors per $1 at Esso and Mobil gasoline stations, 20 factors per $1 at Loblaw banner shops, 20 factors per $1 at PC Journey, 10 factors per $1 on all different purchases
- Welcome offer: You’ll be able to earn 20,000 PC Optimum factors ($20 worth).
- Annual revenue requirement: Private revenue of $60,000 or family revenue of $100,000
Professional
- This card bumps up the earn fee on groceries bought at Loblaw banner shops to 20 factors per $1 spent, doubling what you’d get with the PC Monetary Mastercard.
- In comparison with a PC Monetary Mastercard, there’s a bounce of 10 factors per $1 spent on Consumers Drug Mart purchases (from 25 factors to 35 factors). For instance, a $50 buy will add 1,750 factors (a worth of $1.75) to your account with a PC Monetary World Mastercard, in comparison with 1,250 factors (a worth of $1.25) with a PC Monetary Mastercard.
- With this card, you’ll have entry to 24/7 concierge providers, which might help you with reserving and reservation requests.
Con
- Whereas the reward for purchasing at Loblaw shops is boosted with this card, it comes out to a 2% return, which is 1% lower than what’s supplied by the no-fee BMO CashBack Mastercard.
- There isn’t a journey insurance coverage and few different perks.
At a look: Those that make $80,000 yearly (or $150,000 as a family) are eligible for the PC Monetary World Elite Mastercard, which provides one of the best earn charges of any PC Monetary bank card, plus World Elite perks. Even higher, there’s nonetheless no annual charge.
- Annual charge: $0
- Rates of interest: 20.97% on purchases, 22.97% on money advances, 22.97% on stability transfers
- Earn fee: 45 factors per $1 spent at Consumers Drug Mart and Pharmaprix, 30 factors per $1 at Loblaw banner shops, 30 factors per $1 at Esso and Mobil gasoline stations, 30 factors per $1 on journey (together with flights, lodges, taxis, public transit), 10 factors per $1 on all different purchases
- Welcome supply: You’ll be able to earn 20,000 PC Optimum factors ($20 worth).
- Annual revenue requirement: Private revenue of $80,000 or family revenue of $150,000
Professional
- You’ll earn 30 PC Optimum factors per $1 spent at Loblaw banner shops. This 3% earn fee is on par with one of the best charges supplied by different no-fee bank cards.
- Along with buy safety, prolonged guarantee, and concierge providers, this card consists of journey emergency medical insurance coverage, automobile rental collision/loss injury, and id theft help with out an annual charge.
Con
- It’s important to have a excessive annual revenue with a purpose to make the most of this card’s boosted earn charges. Excessive-income earners could also be higher off with a charge card that provides higher earn charges and perks.
- You need to cost not less than $15,000 yearly to the cardboard or you’ll robotically be downgraded to the PC Monetary World Mastercard.
Enhance your rewards with a PC Cash Account
What’s PC Cash?
Launched in 2020, the PC Cash Account is the latest monetary providing from President’s Alternative, which joins different no-fee on-line banks to offer a reasonably complete suite of free on a regular basis banking providers whereas shaking issues up with the perk of incomes PC Optimum factors. Whereas incomes rewards factors is a standard good thing about utilizing a bank card, it’s much less typical if you do on a regular basis banking.
So far as financial institution accounts go, the PC Cash Account provides a strong portfolio with free limitless on a regular basis transactions, together with money withdrawals (from PC Monetary ATMs or at choose factors of buy), invoice funds, account-to-account transfers and Interac e-Transfers. As this isn’t a standard chequing account, paper cheques will not be out there. Nevertheless, between point-of-purchase, invoice funds and Interac e-Transfers, you possibly can nonetheless pay for all the things from meals to utilities to lease. And, the PC Cash Account card is broadly accepted. Use it wherever you possibly can use Mastercard—in individual, on-line and internationally.
The way to earn factors with PC Cash
If you store with the PC Cash financial institution card, you’ll earn 25 PC Optimum factors per greenback on purchases at Consumers Drug Mart and 10 factors per $1 all over the place else (apart from banking transactions, like paying payments or e-Transfers). You’ll be able to hyperlink your card to your PC Optimum account to earn much more factors by way of personalised provides. Plus, you possibly can earn as much as 200,000 factors in bonuses in the course of the strategy of organising your account and making your first transactions—a worth of $200.
For individuals who store at Loblaw banner shops and associates, the PC Cash Account is a no brainer. It provides most, if not all, of the on a regular basis banking providers you want, suits seamlessly into the present PC Optimum program and prices you nothing to make use of.
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