PC World Elite Mastercard
No annual fee · 10x on everything else · 2.5% foreign transaction fee
Earn rates · how we got this
| Category | Rate | Cap |
|---|---|---|
| Everything else | 10x | uncapped |
| Drugstores at Shoppers Drug Mart and Pharmaprix only — anywhere else in this category the card earns its base rate, so it is excluded from every ranking on this site |
45x | uncapped |
| Groceries at Loblaw grocery banners only — anywhere else in this category the card earns its base rate, so it is excluded from every ranking on this site |
30x | uncapped |
See more Canada credit cards →
What we have watched change
Differences between one check of the issuer's page and the next — not a reconstruction of the card's history. We only know what we were watching when it moved.
- Welcome offer PC World Elite Mastercard welcome bonus rose from 20,000 to 50,000. 2026-09-14
Signup bonus: 50,000 points after C$100 in 2 months. We never count unearned bonuses in savings math — a bonus you don't clear is worth zero. 50,000 PC Optimum points (about $50) after $100 at participating stores within 60 days of approval
Non-cash perks
- No annual fee
- Travel medical & rental insurance rare for a no-fee card
- Concierge
Does the fee earn out? · how we got this
No annual fee, so every point earned is pure upside. The question is only whether its rates beat the other cards already in your wallet — which depends on your spending, not the card.
Who this card is not for
Every point below is a term the issuer prints, read off this card's own row in our database — not an opinion about the card. two things on this card rule out a kind of spender:
- Anyone who doesn't spend at Shoppers Drug Mart and Pharmaprix. Its largest printed rate, 45x on drugstores, pays only at Shoppers Drug Mart and Pharmaprix. Anywhere else it earns its base 10x, so the headline number is a loyalty rate rather than a category rate — which is why no ranking on this site counts it.
- Anyone who spends abroad. Every purchase in a foreign currency carries a 2.5% foreign transaction fee. On a card earning 1.0¢ per dollar at the base rate, that fee costs more than the rewards on the same purchase.
Which card should this spending actually be on? The demo re-scores a year of realistic spending against every card in a wallet — free, no signup. See it on sample data →
Verified 2026-09-15 against issuer terms · sources: www.pcfinancial.ca. Spot an error? Tell us.