Pros & cons
Pros
- 40 points per $1 spent on purchases at Loblaws stores.
- Bonus points on fuel at Esso.
- Free PC Express pass.
Cons
- High income requirements of $80,000 personal/$150,000 household.
- Annual fee of $120.
Your rewards
How you earn rewards
Each card earns rewards differently. Part of choosing your card is deciding what type of rewards you want to get. With PC Insiders World Elite Mastercard, here's how you earn rewards:
- 40 points per $1 spent at PC stores
- 10 points per $1 + 30 points per litre at Esso
- 10 points per $1 spent on all other purchases
For all reward details click here.
How much your rewards are worth
The dollar value of your rewards depends on the specific rewards program ‒ and what you choose to redeem your points for. For PC Insiders World Elite Mastercard in particular, if you spend $2,000 per month, here's our estimated annual rewards earned depending on which reward you choose:
| Car Washes | $580 | |
| Loblaws stores | $276 | |
| Fuel at Esso | $276 |
| Redemption Option | Point Value | Total Value |
|---|---|---|
| Car Washes | 0.21 cents | $2 |
| Loblaws stores | 0.1 cents | $1 |
| Fuel at Esso | 0.1 cents | $1 |
Calculating your annual rewards
$24,000 annual spending x 1.15% return on spending = $276 annual rewards
$276 annual rewards − $120.00 annual fee = $156 net annual rewards
Details and eligibility
- Estimated Credit Score
- 760 - 900
- Personal Income
- $80,000
- Household Income
- $150,000
- Annual Fee
- $120.00
- First Year Free
- Yes
- Extra Card Fee
- $0
- Card type
- Credit
- Purchase
- 21.99%
- Cash Advance Δ
- 22.97%
- Balance Transfer
- 22.97%
Insurance coverage
- Extended Warranty
- 1 year
- Purchase Protection
- 90 days
- Emergency Medical Term
- 10 days
- Emergency Medical Maximum Coverage
- $1,000,000
- Rental Car Theft & Damage
- Yes
Please review your insurance certificate for details, exclusions and limitations of your coverage, terms and conditions apply.
Learn more about the value of credit card insurance coverage.
Genius Rating
PC Insiders World Elite Mastercard's 2.5 Genius Rating is based on the weighted average of the following scores:
Methodology
All scores are produced by our math-based rating algorithm that takes into account over 126 credit card features.
Top cards from Mastercard
GC: $150
GC: $100
GC: $100
PC Insiders World Elite Mastercard review
PC Financial’s premium credit card offering is the PC Insiders World Elite Mastercard, which earns PC Optimum points that you can redeem for statement credits, store discounts, free car washes, or fuel at Esso stations.
Unlike PC Financial’s other cards, the PC Insiders World Elite Mastercard does charge
Since this card does charge an annual fee, we’ll help you compare it to the other PC Financial Mastercard options, all of which are no-fee credit cards.
Earning PC Optimum points
It’s free to join the PC Optimum rewards program and start earning points, but you’ll earn them faster by using one of PC Financial’s four Mastercards.
Here’s what you can earn by shopping with your PC Insiders World Elite Mastercard:
- Up to 70 points per litre at Esso and Mobil stations (see how this breaks down below)
- Up to 50 points per $1 at Shoppers Drug Mart and Pharmaprix stores
- 40 points per $1 at Loblaw banner stores
- 10 points per $1 spent everywhere else
Keep in mind that these rates include what you’d earn with any PC Optimum membership. That means, the true pharmacy and gas earn rates for the credit card alone are:
- 10 points per $1 + 30 points per litre at Esso and Mobil stations
- 35 points per $1 at Shoppers Drug Mart and Pharmaprix stores
Earning PC Optimum points on gas
PC Optimum ensures PC Insiders World Elite Mastercard cardholders earn at least 50 points per litre total when gassing up at partnered stations by topping up points in the unlikely scenario of gas falling under $1/litre. Here’s how your 50 points break down:
- 10 points per litre through your PC Optimum membership (available without the card)
- 30 points per litre by paying with your PC Insiders World Elite Mastercard
- 10 points per $1 (topped up to at least 10 points per litre)
PC Insiders World Elite Mastercard cardholders are also eligible for 20 bonus points per litre when purchasing at least 150 litres of fuel at Esso and Mobil stations in a calendar month. This brings you to the maximum advertised earn rate of 70 points per litre for all purchases within the month you hit the 150-litre threshold.
Redeeming PC Optimum points
It’s easy to redeem your PC Optimum points, especially if you shop at a Loblaws-branded store like No Frills, Real Atlantic Superstore, Real Canadian Superstore, or Maxi. Once you have at least 10,000 PC Optimum points, just redeem them at the cash register for $10 off your purchase.
You can redeem points for the exact same value at Esso and Mobil gas stations.
Alternatively, you can log into your PC Optimum account online or in the app to put the points towards your PC Mastercard balance. However, with this option, 10,000 points are only worth $7.
To get the maximum value out of your points, you can also redeem them for a free car wash at Esso. Although the cost of a car wash varies by location, you can use your points for any car wash, including premium options, for free. Since the price of a car wash ranges from $10 to $30, this works out to more savings than free groceries or gas. However, you’ll likely want to use those redemption options too – they still offer solid value, and there are only so many times you’ll want to wash your car.
Benefits of the PC Insiders World Elite Mastercard
In addition to the rewards you’ll earn with this Mastercard, you’ll also enjoy some unique benefits.
PC Express Pass
A major benefit of this card is its free access to the PC Express Pass. PC Express gets you unlimited access to free grocery pickup and delivery on orders of $30 or more. The cost of a yearly subscription to PC Express is $99 plus tax, which goes a long way to offset the PC Insiders World Elite Mastercard’s annual fee of $120.
World Elite Mastercard benefits
This card includes 24/7 concierge service through Mastercard as part of its Global Services benefits, which also includes emergency assistance in any language. Just call the customer service number if you need help reporting a lost or stolen card or finding a nearby ATM.
Includes optional insurance
You’ll get the same travel and purchase protection insurance as the PC World Elite Mastercard, but you’ll also get the option to add Payment Support Plan insurance. This coverage can protect your credit score if you face sudden financial hardship.
Best earn rates of any PC Financial credit card
This card earns 50 points per $1 spent at Shoppers, compared to just 25 points per $1 earned with the basic no-fee Mastercard. It also gives you the highest earning potential when you fuel up at Esso.
Downsides to the PC Insiders World Elite Mastercard
The rewards and benefits make this a great overall credit card, but there are a few things to consider.
Annual fee after the first year
The card’s $120 annual fee is waived for the first year, giving you a chance to try it out. But you will have to pay the annual fee going forward.
High income requirements
The card’s personal income requirement of $80,000 or $150,000 in household income might be too steep for many Canadians.
Limited special perks
Even though this is the premium credit card offered by PC Financial, you’re only getting slightly better earn rates for rewards, and the unique benefit is a free PC Express Pass with unlimited free grocery delivery and pickup.
Comparison to the PC Mastercard
The PC Insiders World Elite Mastercard isn’t the only Mastercard offered by PC.
Here’s how the top PC credit card options compare:
| PC Insiders World Elite Mastercard | PC Mastercard | PC World Elite Mastercard | |
|---|---|---|---|
| Annual fee | $120 | $0 | $0 |
| Welcome bonus offer | 20,000 bonus points (terms) | 20,000 bonus points (terms) | |
| Income requirements | * $80,000 personal or $150,000 household | None | * $80,000 personal or $150,000 household |
| Interest rates | * 0.1999% purchase * 0.2299% cash advance * 0.2299% balance transfer | * 0.2199% purchase * 0.2297% cash advance * 0.2297% balance transfer | * 0.2199% purchase * 0.2297% cash advance * 0.2297% balance transfer |
| Earn rates | * 40 points per $1 spent at PC stores * 10 points per $1 + 30 points per litre at Esso * 10 points per $1 spent on all other purchases | * 10 points per $1 + 10 points per litre on fuel at Esso * 10 points per $1 spent on all other purchases | * 30 points per $1 spent at PC stores * 10 points per $1 + 10 points per litre at Esso * 10 points per $1 spent on all other purchases |
| Average rate of return | 1.15% | 1.05% | 1.1% |
| Redemption options | * Car washes * Loblaws stores * Fuel at Esso * Statement credit | * Car washes * Loblaws stores * Fuel at Esso * Statement credit | * Car washes * Loblaws stores * Fuel at Esso * Statement credit |
| Included insurance | 4 types | 2 types | 4 types |
Before you select a PC Financial credit card, decide if you’re willing to pay a $120 annual fee (which begins the second year of holding the PC Insiders World Elite Mastercard) or if you need a card with no annual fee.
There aren’t many differences between the PC Financial World Elite Mastercard and the PC Insiders World Elite Mastercard, but you do get slightly better earn rates with the premium card.
Leave a review
Share your experiences with the PC Insiders World Elite Mastercard.
If you currently have the card or have had it in the past, leave a user review so others can learn from your experience.
FAQ
Is the PC Insiders World Elite Mastercard worth it?
The new Insiders card might be worth it if you’re a very devoted Loblaws shopper and you’re primarily looking to earn discounts on your purchases. If you only occasionally shop there, we recommend the no-fee World Elite Mastercard.
Does the PC Insiders World Elite Mastercard have lounge access?
Although many World Elite Mastercards include airport lounge access, the PC Insiders World Elite Mastercard does not. If lounge access is important to you, consider the BMO Ascend™ World Elite®* Mastercard®* or the more luxurious American Express Platinum® Card.
What is the difference between PC World Elite and Insiders World Elite?
These cards have a lot in common since they’re both World Elite Mastercards, but the PC Insiders World Elite Mastercard has slightly better earn rates. The trade-off is that the card charges an annual fee after the first year.
Is there an annual fee for the PC Insiders World Elite Mastercard?
There is a $120 annual fee, but it’s waived for the first year you have the card. Keep in mind that it’s free to add supplemental cards. All other PC Mastercards charge no annual fee.
Can you tell me how to upgrade to the PC Insiders World Elite Mastercard?
If you’re an existing cardholder, log in to your account online or in the app. If you’re eligible for an upgrade, you’ll see a PC Insiders World Elite Mastercard tile. Select it and follow the prompts to complete the upgrade.
People also viewed
Key benefits
What are your thoughts?
Thank you for your review!
Hang tight while we verify and approve it.
If you want to see your review right away...
Create an account:
$100 GeniusCash + Earn up to 15,000 Welcome Bonus Membership Rewards® Points.*