Comments on: PC Financial World Elite Mastercard Review

By: Jenna D.

Jenna D. — Mon, 24 Aug 2020 11:45:05 +0000

Sounds fantastic!! However I have the card and have been trying to get my points fixed for over 2 years. I still only get 10 points at gas stations and minimum at their stores. I called, wrote,started a points claim and even wrote to the PC ombudsman. All failed to follow up and follow through. Very disappointing.

By: Barry.Choi

Barry.Choi — Thu, 20 Aug 2020 10:26:50 +0000

In reply to Rahul.

Rahul,

I feel like that’s an uninformed rep. If you’re over the income requirement, they should be upgrading you no questions asked. It might be worth calling again to see if a different rep will upgrade you.

By: Rahul

Rahul — Thu, 20 Aug 2020 03:32:36 +0000

In reply to Barry Choi.

Great review Barry. One thing to note which I’m a bit sore about – I am an existing PC MasterCard holder (the plain standard card) and I asked PCF if I could be upgraded to the World Elite (I am over the personal income requirment, and comfortably over the household earn requirement). They flat out said no and that I have to have spent $25000 over the past 24 months on my existing card in order to qualify. $25k is a pretty unreasonable sum for even a high spender on what is definitely not going to a primary travel card. It appears that PCF really don’t want people applying for this card (probably costs them too much from points redemptions).

By: Barry.Choi

Barry.Choi — Thu, 16 Jul 2020 19:24:30 +0000

In reply to Kevin.

Kevin,

If you’re shopping at Loblaws owned stores or Shoppers Drug Mart, the points add up fast. You’re basically earning 3% or 4.5% return on all your purchases and that doesn’t include any in-store or targeted offers. If you’re carrying a balance, the rewards are definitely not worth and you should focus on debt repayment. This is a no fee card so I would say the majority of people do come out ahead.

By: Kevin

Kevin — Thu, 16 Jul 2020 19:18:55 +0000

Points are slow to add up, even if you spend a huge amount on the card. If you don’t pay off the balance on your card dinged over a 22% interest charge. In the end you do not come out ahead on the PC Mastercard!

By: Barry Choi

Barry Choi — Wed, 18 Dec 2019 20:47:04 +0000

In reply to Meaghan. Meagan, Unfortunately, this card does not have any trip cancellation.

By: Meaghan

Meaghan — Wed, 18 Dec 2019 20:36:34 +0000

Hello! Thanks for the info. Does this card have any coverage for Trip Cancelation Insurance? We are currently en route to Australia from Canada with a stop over in Hawaii and Jetstar has cancelled our flight to Melbourne. Sadly, we forgot to purchase travel insurance before the trip (of course, the one time I forget…..).

Hoping this card will help over the costs at Jetstar is being absolutely useless. Cheers!

By: Barry Choi

Barry Choi — Sat, 09 Nov 2019 01:48:25 +0000

In reply to jenny.

Hi Jenny,

Check out these two pages.

https://www.moneywehave.com/canadian-credit-cards-without-foreign-transaction-fees/
https://www.moneywehave.com/best-cash-back-credit-cards-in-canada/
https://www.moneywehave.com/the-best-credit-cards-with-travel-insurance/

By: jenny

jenny — Fri, 08 Nov 2019 18:40:14 +0000

Hi Barry,
What cards currently have no forex fees? Which one offers the best cash back? Which card has best travel insurances. I do like the Amex option, but here in a more rural area, many merchants don’t accept Amex.
Thanks

By: jenny

jenny — Fri, 08 Nov 2019 18:26:51 +0000

In reply to Pradeep. Hi Pradeep, Visa HomeTrust has you no exchange fees for currency. That is somewhere around 2.4% savings when out of country. Also, I get 1% cash back. So it is about 3.5% savings when travelling. Unless you get currency wihtout having to exchange it (ie cash gifts from family).