Why you’re missing out if you don’t have the PC Money™ Account

No monthly fee is just the beginning. There are so many benefits to having the PC Money™ Account - and wait till you hear about the new offer that could help you earn up to 250,000 PC Optimum™ points.

Nov 4, 2021
Red basket on velvet background including essentials and confetti flowing into basket.

Don’t have a PC Money™ Account (opens in a new window)External link yet? That’s okay - we’re here to casually convince you of all the benefits (they’re particularly helpful during the holiday season when you have all that extra spending). Our favourite part of the PC Money Account™ is that you earn 10 PC Optimum™ points for every dollar you spend, anywhere you shop. We told you it was helpful during the holiday season - redeem those points for gifts or towards your big feast! And to help you get a very healthy points balance, we have a welcome offer of up to 250,000 PC Optimum™ points1 for a limited time.

The PC Money Account™ is a no monthly fee bank account. Yep, no monthly fee or catches. Plus, you get free Interac e-Transfer® services, don’t have to maintain a minimum balance and have 24/7 customer support. Whoa, right?

Now that we have your attention, let’s get into specifics. How does the PC Money™ Account work exactly? Just remember, fund, shop, earn.


Opening the PC Money™ Account couldn’t be simpler. Sign up through the PC Financial® app or pcfinancial.ca. You decide how much money you want to fund your account with. Then you can deposit your funds using Interac e-Transfer® service. Easy, right?


Now you’re ready to shop and make your first purchase. Whether you tap IRL, shop online or use Apple Pay or Google Pay *, the PC Money™ Account lets you pay with the money you put on your card. You can use your card anywhere you shop, worldwide, online and you have unlimited everyday transactions. And unlike other accounts, you don’t have to maintain a minimum balance and don’t have to pay monthly baking fees. Winning!


Here’s the really cool part: for every dollar you spend using the PC Money™ Account, you earn at least 10 PC Optimum™ points (and up to 25 PC Optimum™ points at Shoppers Drug Mart®). Brunch on a Saturday at a cute café? Points. Filling up your gas tank? Points. Limited edition comic book you bought in an online auction? Points. Using the PC Money™ Account means you earn rewards points anywhere you shop.

And what about that special limited time offer:

Here’s what could happen if you signed up for the PC Money™ Account today: The second you make your first purchase using your account you’ll start unlocking your welcome offer. That means you’ll earn up to 10% back in PC Optimum™ points on up to $1,000 in purchases at our stores, including Loblaws® and Shoppers Drug Mart®. For a limited time, that’s 100 points for every dollar you spend, which could equal up to 100,000 points (aka $100). That’s an offer you’d want to tell your friends about, right? Exactly! You can always earn 25,000 PC Optimum™ points for successfully referring a friend to PC Financial®, but for a limited time, we’ve bumped that up to 50,000 PC Optimum™ points per friend you refer to PC Financial® (to a maximum of three very happy pals). You'll earn 50,000 bonus points after your pal is approved for any PC Financial® product and spends $100 by December 31st, 2021.


We’ve told you a lot about the benefits of the PC Money™ Account, but now’s the fun part—shopping and redeeming. Whether you’re looking for what to buy with your newly funded PC Money™ Account, wanting to make your first purchase and unlock your welcome offer or spending points you may have earned with your PC Money™ Account, we have some inspiration for you.

  1. Life at Home™ bedding

    Thought you could only redeem your points for groceries? Think again! There’s an incredible range of products to choose from at select Loblaw banner stores, including ultra-snuggly bedding from the new Life at Home™ collection (you can go with a marble print or cozy plaid). Hint, hint, this makes a great gift idea.

  2. Small appliances

    Dreaming of lazy Sunday mornings eating freshly-made waffles? You should redeem your points for the new PC® Flip Waffle Maker, one of many handy, small appliances you can find at select Loblaw banner grocery stores. We did mention you can get so much more for your points than just groceries?

  3. Refresh your wardrobe at Joe Fresh® locations

    Cozy scarves, chunky sweaters, warm socks...all these and more can be yours if you redeem your points for something (or a lot of somethings) at a Joe Fresh® location, which has options (and gifts) for the entire family.

1These introductory offers are available to new, first-time PC Money™ Account cardholders who apply through this website. For each offer you must have completed the actions or met the conditions described below by December 31, 2021 in order to be eligible for the PC Optimum™ points shown. These offers replace any other introductory offers. These offers may be terminated or changed by us at any time without notice. Earn up to 250,000 PC Optimum™ points, when you take advantage of these offers:

Earn 10% back in points at participating stores until Dec. 31: Earn 100 PC Optimum™ points per dollar on up to your first $1,000 in purchases at participating stores where President's Choice® products are sold, including participating Loblaw banner grocery stores, Shoppers Drug Mart, Pharmaprix and Joe Fresh stores in Canada.

The promotional earning rate at participating stores during the promotional period is the sum of: (i) the standard 10 PC Optimum™ points per dollar of your purchases with your new PC Money™ Account; and (ii) an additional bonus 90 PC Optimum™ points per dollar of your purchases with your new PC Money™ Account. Regular PC Optimum™ points earned will be awarded to your account throughout the month as you make purchases on your PC Money™ Account and the additional bonus PC Optimum™ points earned will be awarded within 2-3 weeks after the end of each eligible calendar month.

President's Choice Bank has the right to deduct points for any refunds, returns or other similar credits. To qualify for the additional bonus 90 PC Optimum™ points per dollar of your purchases, eligible transactions must be posted by December 31, 2021 at 11:59PM. After the earlier of this date OR your first $1,000 in purchases at participating stores has been posted to your account, you will earn the standard rate per dollar of your eligible purchases as described in the PC Money™ Account Program Terms and Conditions.

Refer-a-Friend: Until December 31, 2021, earn an additional 25,000 PC Optimum™ points on top of the standard 25,000 points, for a total of 50,000 PC Optimum™ points per referral, up to 3 friends. In order to earn a referral bonus in PC Optimum™ points from President's Choice Bank ("PC Bank"), you must ensure the following requirements are met by December 31, 2021:

• You have provided your valid Refer-a-Friend link to your friend, who must apply/sign up through the link for their online application for a PC Financial® Mastercard® or a PC Money™ Account.
• Your friend must not have had an account with PC Bank at any time in the past.
• Your friend must spend a minimum of $100 on either their PC Financial® Mastercard® or PC Money™ Account within 60 days of account opening or before December 31, 2021, whichever date comes first. Cash advances, or cash equivalent transactions will not count towards the minimum spend requirement.
• Any welcome offers your referred friend is eligible for will vary, depending on the date and manner in which they apply for their own PC Financial® account.

You agree to only share your Refer-a-Friend referral link with friends with whom you have had previous direct, voluntary, two-way communications. When sharing a link, you agree to not misrepresent our products and services or your opinions about them, and you comply with all applicable law. There is a limit of one (1) Refer-a-Friend award bonus per referral. All referral points will be awarded to your PC Optimum™ account within 2-3 weeks of the above conditions being satisfied.

PC Bank has the right at its sole discretion, without advanced notice, to terminate or suspend this offer in whole or in part and may also disqualify, limit or revoke this offer for any account holder it finds or believes to be manipulating or otherwise abusing the process, fairness, or integrity of the offer. Bonuses earned through fraudulent activities or in violation of these terms will be null and void. Privacy requirements prevent us from confirming the status of applications or amounts spent on accounts held with PC Bank.

*Apple, the Apple logo, iPhone, and iPad are trademarks of Apple Inc., registered in the U.S. and other countries and regions. App Store is a service mark of Apple Inc.

Google and the Google logo are registered trademarks of Google LLC

General information not about PC Financial products is provided for your reference and interest only. The above content is intended only to provide a summary and general overview on matters of interest and is not a substitute for, and should not be construed as the advice of an experienced professional. The PC Financial® team does not guarantee the currency, accuracy, applicability or completeness of this content.

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