PC Points
Encyclopedia
PC Points is a rewards program offered by President's Choice Financial
when users utilize their MasterCard
, banking services, or insurance
products.
Points can be earned through:
The stated rate of points acquisition is 10 points for every dollar spent on the PC MasterCard, or 5 points per dollar spent on the debit card wherever PC products are sold (excluding Quebec). Promotions are sometimes used to give bonus points on specific products. For example, a bonus of 10 PC Points can be earned for each PC Green shopping bag used at a Loblaw-affiliated store and paying with a PC Financial debit card or PC MasterCard. Extra PC points can also be offered using coupons or multiple PC points can be offered if the store flyer advertises multiple points for that PC product.
1000 PC Points equals $1. Points can be redeemed for free groceries or other rewards. Points may be redeemed once a customer has 20,000 points or more banked. Customers must also have a second form of payment once points are redeemed (as customers can only use points in multiples of 10,000, depending on the total or amount of points the customer has banked). Points may not be redeemed for items such as alcohol
, tobacco
, lottery tickets
, prescription medication and milk
in Quebec
.
As of May 31, 2007, PC Points is no longer an exchange partner with Petro-Canada's Petro-Points program.
President's Choice Financial
President’s Choice Financial is a banking service provided by Loblaw Companies . Several different organizations provide individual financial services under the President's Choice Financial umbrella:...
when users utilize their MasterCard
MasterCard
Mastercard Incorporated or MasterCard Worldwide is an American multinational financial services corporation with its headquarters in the MasterCard International Global Headquarters, Purchase, Harrison, New York, United States...
, banking services, or insurance
Insurance
In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is a company selling the...
products.
Points can be earned through:
- use of a PC Financial debit card at a participating Loblaw Companies-affiliated store. Debit card holders accumulate points at LoblawsLoblawsLoblaws is a supermarket chain with over 70 stores in Canada, headquartered in Brampton, with stores across Ontario and Quebec. Loblaws is a division of Loblaw Companies Limited, Canada's largest food distributor...
stores, though QuebecQuebecQuebec or is a province in east-central Canada. It is the only Canadian province with a predominantly French-speaking population and the only one whose sole official language is French at the provincial level....
residents can not apply for this debit card. - purchases with a PC MasterCard.
- paying for PC Insurance products with a PC debit card or MasterCardMasterCardMastercard Incorporated or MasterCard Worldwide is an American multinational financial services corporation with its headquarters in the MasterCard International Global Headquarters, Purchase, Harrison, New York, United States...
. - banking transactions and mortgages with PC Financial.
The stated rate of points acquisition is 10 points for every dollar spent on the PC MasterCard, or 5 points per dollar spent on the debit card wherever PC products are sold (excluding Quebec). Promotions are sometimes used to give bonus points on specific products. For example, a bonus of 10 PC Points can be earned for each PC Green shopping bag used at a Loblaw-affiliated store and paying with a PC Financial debit card or PC MasterCard. Extra PC points can also be offered using coupons or multiple PC points can be offered if the store flyer advertises multiple points for that PC product.
1000 PC Points equals $1. Points can be redeemed for free groceries or other rewards. Points may be redeemed once a customer has 20,000 points or more banked. Customers must also have a second form of payment once points are redeemed (as customers can only use points in multiples of 10,000, depending on the total or amount of points the customer has banked). Points may not be redeemed for items such as alcohol
Alcohol
In chemistry, an alcohol is an organic compound in which the hydroxy functional group is bound to a carbon atom. In particular, this carbon center should be saturated, having single bonds to three other atoms....
, tobacco
Tobacco
Tobacco is an agricultural product processed from the leaves of plants in the genus Nicotiana. It can be consumed, used as a pesticide and, in the form of nicotine tartrate, used in some medicines...
, lottery tickets
Lottery
A lottery is a form of gambling which involves the drawing of lots for a prize.Lottery is outlawed by some governments, while others endorse it to the extent of organizing a national or state lottery. It is common to find some degree of regulation of lottery by governments...
, prescription medication and milk
Milk
Milk is a white liquid produced by the mammary glands of mammals. It is the primary source of nutrition for young mammals before they are able to digest other types of food. Early-lactation milk contains colostrum, which carries the mother's antibodies to the baby and can reduce the risk of many...
in Quebec
Quebec
Quebec or is a province in east-central Canada. It is the only Canadian province with a predominantly French-speaking population and the only one whose sole official language is French at the provincial level....
.
As of May 31, 2007, PC Points is no longer an exchange partner with Petro-Canada's Petro-Points program.