If you’re looking for a card that has rewards across all your purchases, the PC MasterCard credit card should be at the top of your list. Not only do you get some of the most competitive rates there are in the market, but you also have a travel card on hand. Otherwise known as the President’s Choice card, this is a solid option to have in your wallet.
The points you earn with this card grows with each major purchase that you make using the card. And you earn different points for different everyday purchases.Plus, with rates to match, the rewards make up for the charges the card has.
To find out more about the card and what offers the card has, you should read on. Information on how to apply for the card and how you can earn the rewards across the different purchases can also be found here. Find out how to apply for this card online by reading below!
Why You Should Consider the PC MasterCard Credit Card
One thing that you want to be sure of when you are looking to get a credit card is the benefits you get when you use the card. Some of the benefits include earning points across all the purchases that you make with the card. For example, when you buy gas at Mobil stations, you earn 30 points for every liter you buy.
When you make purchases at certain grocery stores, like Valu-Mart, Loblaw’s, Zehrs, No Frills, Real Canadian Superstore, and others, you earn at least 10 points for every $1 that you spend.
You also earn when you spend on drug stores, at a rate of 25 points for every $1 that you spend. On your travels, for every $1 that you spend, you earn at least 20 points. Anywhere else, you earn 10 points per $1 that you spend.
This makes this card an all-round earner. Plus, you can redeem the points for gift cards at specific stores. The points are valued at $10 for 10,000 points.
Eligibility & How to Apply for PC MasterCard Credit Card
There are specific requirements that you have to meet before you can apply for any credit card and this one is no different. First, you need to be of legal age, which is 18 years, before you can apply for this card. You then have to be a Canadian resident to apply for this card.
There are documents that you need to have like your ID, latest salary slip, and a bank statement that shows your last three months’ of deposits. You also have to either be employed or self-employed to apply for this card. You need to also be earning at least $60,000 to $80,000 annually, and that’s for the last three years or more.
To apply for the card, search for PC MasterCard Credit Card on your PC. Hop onto the website, and choose the card you want. You then need to sign in and create an account before you can apply for the card. You can use the ‘Get Started Now’ link on the page as well to go to the next page.
On the next page, there an easy-to-fill-out form where you will fill in personal details among the other required information. This is where you will first be evaluated. You can then proceed to the financial section where you will fill out some information about your finances.
Rates & Fees
This card, like any other, has some charges attached to it. However, it doesn’t have any annual fees. The card also has a 21-day grace period on new purchases. The standard APR for the card is capped at 20.97%.
For a cash advance, you’ll be charged and APR of 22.97% annually. For balance transfers, in the first 6 months, you get a 0.97% interest charge which is a promotion for all new accounts. Foreign currency transactions are charged at 2.5% for the transaction you make.
Bank’s Contact & Address
You can get in touch with the bank for more info on the card by calling 1 866 246 7262. The bank’s head office is located in 25 York Street, 7th Floor, Toronto, ON, M5J 2V5.
Conclusion
The President’s Choice Bank MasterCard credit card is a card that is a delight to have. This card has some of the most competitive rates there are in the market and earnings all through everyday purchases.
*Note: There are risks involved when applying for and using a credit card. Consult the bank’s terms and conditions page for more information