Rewards programs

PC Optimum

Program run by President's Choice Services Inc. (cards issued by President's Choice Bank). Here is what one PC Optimum point is worth, how to redeem it and the cards that earn the most of it.

  • Values taken from official pages or from an announced specialist benchmark
  • Cards ranked by net value, annual fees deducted
  • Official pages reread regularly

Official program site All programs

Value of one point

Where the value comes from
Fixed redemption published by the program
Source
PC Financial
Verification
Verified on October 8, 2026 Source up to date

“Minimum redemption is 10,000 PC Optimum™ points (worth $10 in free rewards) and in increments of 10,000 PC Optimum™ points thereafter, at participating stores.”

Restrictions

  • Increments of 10,000 points; participating Loblaw and Shoppers Drug Mart banners only.

Programs do not issue the same number of points per dollar: to compare two programs, look at the return per dollar spent, not the value of a point.

Excerpts are quoted in the language of their source.

Cards that earn these points

Annual spending levels

Each level is a basket of annual spending split across everyday categories. The returns and the ranking are recomputed for that basket.

  • Moderate — $24,000 / year
  • Standard — $36,000 / year
  • High — $60,000 / year

In a personalized analysis, your actual spending replaces this reference basket.

Ranked by annual net value on the standard reference basket ($36,000 of spending a year), annual fees fully deducted.

Rank Card Network Annual fee Annual net value Earning Limitations
1 PC Mastercard Mastercard $0 $360 Range: $0 to $360
  • Shoppers pharmaprix: 25 points / $ (2.5¢ per dollar)
  • Other purchases: 10 points / $ (1¢ per dollar)
 Foreign exchange fee assumed Cap: Everyday purchases
2 PC World Elite Mastercard Mastercard $0 $360 Range: $0 to $360
  • Shoppers pharmaprix: 45 points / $ (4.5¢ per dollar)
  • Loblaw banner groceries: 30 points / $ (3¢ per dollar)
  • Other purchases: 30 points / $ (3¢ per dollar)
  • Everyday purchases: 10 points / $ (1¢ per dollar)
 Foreign exchange fee assumed Cap: Everyday purchases
3 PC World Mastercard Mastercard $0 $360 Range: $0 to $360
  • Shoppers pharmaprix: 35 points / $ (3.5¢ per dollar)
  • Loblaw banner groceries: 20 points / $ (2¢ per dollar)
  • Other purchases: 20 points / $ (2¢ per dollar)
  • Everyday purchases: 10 points / $ (1¢ per dollar)
 Foreign exchange fee assumed Cap: Everyday purchases
4 PC Insiders World Elite Mastercard Mastercard $120 $240 Range: -$120 to $240
  • Shoppers pharmaprix: 50 points / $ (5¢ per dollar)
  • Loblaw banner groceries: 40 points / $ (4¢ per dollar)
  • Other purchases: 35 points / $ (3.5¢ per dollar)
  • Everyday purchases: 10 points / $ (1¢ per dollar)
 Foreign exchange fee assumed Cap: Everyday purchases

Return computed with the value used for the ranking: 0.1¢ per point.

How to use your points

The redemption options the program publishes, with the value of a point when it is fixed.

  • Other redemption

    In-store rewards

    0.1¢ per point

    “Minimum redemption is 10,000 PC Optimum™ points (worth $10 in free rewards) and in increments of 10,000 PC Optimum™ points thereafter, at participating stores.”

    • Participating stores only.
    Official source

Transfer partners

This program publishes no transfer partner.

Expiry and minimum redemption

Point expiry
“PC Optimum™ points do not expire. However, we reserve the right to close your Account without notice if you do not earn or redeem any PC Optimum™ points at least once every 2 years” Official source
Minimum redemption
“You must redeem a minimum of 10,000 PC Optimum™ points at a time, which are worth $10 in rewards at Participating Stores” Official source

Welcome offers in PC Optimum points

No welcome offer is published for the cards of this program.

View all offers

How to read this ranking

The ranking compares the cards of one program on a single scenario, so the gaps come from the cards and not from the assumptions.

  • Reference basket, standard level: $36,000 of spending a year, spread over everyday categories.
  • High-spend profile; reference province: Quebec.
  • Annual fees fully deducted from the value.
  • Welcome offers excluded: only the recurring value counts.

Your spending is different? See the best cards by use or the strategies by profile.

Limitations of this page

  • Cards are ranked on the standard reference basket of a high-spend profile; your actual spending may change the order.
  • Recurring annual fees are fully deducted from each card’s value.
  • Transfer partners and rates are those read on the official pages; a program may change them without notice.
  • The value of welcome offers is not part of the card ranking.