Overview of the PC® World Mastercard®

If you are looking for a credit card that rewards your grocery and drugstore purchases, the PC World Mastercard is a great choice, especially if you frequently shop at Loblaws-owned stores like Superstore and Shoppers Drug Mart. 

Pros

• No annual fee: With no annual fee, the rewards you earn are all yours
• Abundant earning opportunities: Loblaw is one of Canada’s largest retailers, so there’s no shortage of opportunities to earn and redeem points
• Points stacking: Stack your points by showing your PC Optimum card at Loblaw-affiliated stores and paying with your PC Financial World Elite Mastercard
• Competitive earn rates: Earn rates are high compared to other no-fee credit cards
• Purchase assurance: Your purchases are covered for theft, loss or damage in the first 90 days. Plus, you’ll get an extended warranty

Cons

• Limited rewards outside of Loblaws: While PC Financial Mastercards offer excellent rewards at Loblaw stores, they do not provide great benefits when shopping anywhere else
• Restrictive redemption rules: Points can only be redeemed in increments of 10,000 (10,000 = $10). Points cannot be used to pay for purchases at non-Loblaws retailers or redeemed against a statement balance