PC Optimum factors: The right way to maximize your rewards in 2023

The PC Optimum rewards program enables you to earn factors redeemable for merchandise at Loblaw-affiliated grocery shops, Buyers Drug Mart, and Esso and Mobil gasoline stations. Incomes and redeeming factors is simple. There are many methods to earn factors whenever you store, and you’ll redeem 10,000 PC Optimum factors for $10 off just about something obtainable at taking part shops. Simply inform the cashier and the financial savings come off on the until. Savvy customers can accumulate much more factors with a PC Cash Account or by paying with one in every of three PC Credit cards. Learn on to find easy methods to maximize your PC Optimum rewards.

The worth of PC Optimum factors

At Loblaw grocery shops and Buyers 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 value 0.1 cents, and 10 factors are value 1 cent. So, you may consider PC Optimum factors as having a worth of 1% when redeeming at these shops.

The purpose worth can range when redeeming for gasoline purchases. If you refill at an Esso station, you may 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 $4 in financial savings—some extent worth of 0.1 cents (or 1%). 

Nevertheless, you’ll must redeem 4,000 factors to get the low cost, even if you buy beneath 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 automotive washes may also help stretch your factors additional. At Esso stations, you may redeem 10,000 factors for any free automotive wash. Redeeming for any automotive wash value greater than $10 pushes the purpose worth above the standard 1%. Get a $15 automotive wash and your PC level worth jumps to 1.5%. 

Be aware that you may earn factors at Mobil stations, however you may’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, Further Meals, Wholesale Membership and Dominion. 
• Buyers Drug Mart and Pharmaprix drugstores
• Esso and Mobil gasoline stations
• Joe Contemporary
• The Cellular Store
• Theodore & Pringle Optical

Lastly, you may earn PC Optimum factors on any buy whenever you use one of many three PC Monetary Credit cards listed under.

The right 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 whenever you store at affiliated shops on-line or in individual, and in addition via customized gives. Factors may be earned at greater than 4,500 areas throughout the Loblaw household of grocery shops, in addition to Buyers Drug Mart (or Pharmaprix in Quebec), and Esso and Mobil gasoline stations.

There are various methods to earn PC Optimum factors. The earn charge depends upon the place you store, the promotions taking place in shops, the cardboard(s) you maintain and the opposite PC providers you employ. Factors earned via customized gives and in-store promotions range. In any other case, you may earn:

• 15 factors on virtually each $1 spent at Buyers Drug Mart and Pharmaprix
• 10 factors per litre of gasoline and per $1 spent on comfort gadgets and automotive washes at Esso gasoline stations
• A variable variety of factors at Mobil gasoline stations (charges range by station)

In-store gives

If you’re strolling the aisles at taking part shops, preserve a watch out for the PC Optimum emblem. In-store gives allow you to earn extra on on a regular basis gadgets. For instance, Buyers Drug Mart periodically has a promotion for 20x the factors. You will get your coupon by loading the supply in your weekly e mail or opening your Buyers or PC Optimum app. Be proactive by checking flyers upfront whenever you’re writing up your purchasing checklist.

Customized gives

If you register for customized gives, you’ll obtain gives each Thursday for gadgets you’ve bought earlier than or are prone to be desirous about (based mostly in your transaction historical past). Examples embody bonus factors on sure gadgets, further factors with a minimal spend, and bonus factors days when you will get reductions whereas incomes further factors. These gives are nice, low-effort methods to multiply your earnings.

Different PC providers

Give your factors steadiness a critical bump whenever 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, whenever you swap out your chequing account for a PC Cash Account, you’ll speed up your earnings in all places you store.

Enhance your PC Optimum rewards with a PC Monetary Mastercard

Bump up your PC Optimum factors earn charge and earn rewards in all places with one of many three no-fee PC Monetary Credit cards.

At a look: The PC Monetary Mastercard has no annual payment and no minimal earnings requirement, making it a very accessible strategy 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 payment: $0
• Rates of interest: 21.99% on purchases, 22.97% on money advances, 22.97% on steadiness transfers
• Earn charge: 25 factors per $1 spent at Buyers Drug Mart; at the least 30 factors per $1 at Esso and Mobil gasoline stations; 20 factors per $1 at PC Journey; 10 factors per $1 on the whole lot else
• Welcome supply: You’ll be able to earn 20,000 PC Optimum factors

• Annual earnings requirement: None

Professional

• Earn factors on all of your purchases, and get extra factors at Buyers Drug Mart and Esso and Mobil gasoline stations than you’d by merely being a PC Optimum member.
• This card comes with no payment and is accessible irrespective of your annual earnings, making it an important 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 charge on groceries is just 10 factors per $1 spent irrespective of the place you store, so when 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 on the market to individuals who have an annual earnings of greater than $60,000 (or $100,000 for the family). With this card you’ll take pleasure in boosted earn charges with out having to pay any annual payment.

• Annual payment: $0
• Rates of interest: 21.99% on purchases, 22.97% on money advances, 22.97% on steadiness transfers
• Earn charges: 35 factors per $1 spent at Buyers 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 earnings requirement: Private earnings of $60,000 or family earnings of $100,000

Professional

• This card bumps up the earn charge on groceries bought at Loblaw banner shops to twenty factors per $1 spent, doubling what you’d get with the PC Monetary Mastercard.
• In comparison with a PC Monetary Mastercard, there’s a leap of 10 factors per $1 spent on Buyers 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 may also 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 provided by the no-fee BMO CashBack Mastercard. 
• There isn’t any 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 gives the perfect earn charges of any PC Monetary bank card, plus World Elite perks. Even higher, there’s nonetheless no annual payment. 

• Annual payment: $0
• Rates of interest: 21.99% on purchases, 22.97% on money advances, 22.97% on steadiness transfers

• Earn charge: 45 factors per $1 spent at Buyers 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, accommodations, 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 earnings requirement: Private earnings of $80,000 or family earnings of $150,000

Professional

• You’ll earn 30 PC Optimum factors per $1 spent at Loblaw banner shops. This 3% earn charge is on par with the perfect charges provided by different no-fee bank cards.  
• Along with buy safety, prolonged guarantee, and concierge providers, this card consists of journey emergency medical insurance coverage, automotive rental collision/loss harm, and identification theft help with out an annual payment.

Con

• You must have a excessive annual earnings with the intention to benefit from this card’s boosted earn charges. Excessive-income earners could also be higher off with a payment card that gives higher earn charges and perks.
• You could cost at the least $15,000 yearly to the cardboard or you’ll routinely 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 most recent monetary providing from President’s Selection, 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 whenever you do on a regular basis banking. 

So far as financial institution accounts go, the PC Cash Account gives a stable 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 are usually not obtainable. Nevertheless, between point-of-purchase, invoice funds and Interac e-Transfers, you may nonetheless pay for the whole lot from meals to utilities to lease. And, the PC Cash Account card is broadly accepted. Use it wherever you may use Mastercard—in individual, on-line and internationally. 

The right 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 Buyers Drug Mart and 10 factors per $1 in all places else (aside 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 via customized gives. Plus, you may earn as much as 200,000 factors in bonuses in the course of the technique of organising your account and making your first transactions—a worth of $200. 

For many who store at Loblaw banner shops and associates, the PC Cash Account is a no brainer. It gives most, if not all, of the on a regular basis banking providers you want, matches seamlessly into the prevailing PC Optimum program and prices you nothing to make use of.

What’s PC Categorical Go?

In April 2023, PC introduced its Categorical Go, a grocery supply service which competes with the likes of InstaCart and UberEats. However it’s used at Loblaw banner shops, together with Loblaws, Zehrs, Freshmart, Actual Canadian Wholesale Membership, Actual Canadian Superstore, No Frills, and lots of, many others, wherever PC merchandise are bought. It will also be used for choosing up orders, too.

You’re questioning about the price, proper? It’s $9.99 a month, or $99.99 a 12 months (which saves you over $20 when you join the annual membership). It prices the identical because the streaming providers from Amazon Prime, so be sure to will use PC Categorical Go for it to be of worth to you. There’s a one-month free trial interval. Right here’s what you’d get with PC Categorical.

• limitless free pickup and supply on same-day, next-day or future orders over $35
• limitless variety of supply addresses (which may very well be of curiosity for caregivers of these residing independently) 
• on-line purchasing at 800-plus PC shops, together with Joe Contemporary and Buyers Drug Mart
• simple cancellation
• potential to earn PC Optimum factors and redeem PC Optimum gives

Regularly requested questions