How many PC points is $1?
10 points
Under the Shoppers Optimum program, every $1 spent earns you 10 points. You need 8,000 points to buy $10 worth of goods. Under the new PC Optimum program, you’ll need 10,000 points for $10.
Is PC Financial available in Quebec?
Services were available in all Canadian provinces, except Quebec. All PC Financial bank accounts had the same bank number as CIBC (010), and were located under one transit/branch number (30800).
Is PC Financial safe?
PC Money Account features: the good Plus, you have the security of CDIC protection on deposits, overdraft protection, fraud detection and support, and the Mastercard Zero Liability Promise for unauthorized purchases. There’s also a user-friendly mobile app to make your banking even more convenient.
What is the cash advance interest rate for all PC Financial Mastercard credit cards?
27.97%
Your interest rates will increase to the Default rate of 25.97% for Purchases and 27.97% for Cash Advances if you: do not make the minimum payment by the due date for two consecutive months, or.
How much is 50000 PC points worth?
PC Optimum Points Value Calculator
| Points | Dollar Value |
|---|---|
| 5,000 Points | $5 |
| 10,000 Points | $10 |
| 25,000 Points | $25 |
| 50,000 Points | $50 |
What are 1000 PC points worth?
1,000 PC Optimum Points is equal to $1.
How many optimum points is a dollar?
15 points
All PC Optimum members earn 15 points per dollar on eligible purchases at Shoppers Drug Mart and Pharmaprix. When you pay with your PC Money™ Account you will earn an additional 10 points per dollar.
Does PC money account pay interest?
Although you won’t earn any interest on your savings, this account is not designed for that purpose. People who don’t like to use credit cards but want to earn rewards will likely love this account, especially if they already collect PC Optimum points.
Who runs PC Financial?
Loblaw Companies Limited
President’s Choice Financial is a part of Loblaw Companies Limited.
Is PC Financial a real bank?
President’s Choice Bank, more known as President’s Choice Financial or PC Financial, is a wholly-owned subsidiary of Loblaw Companies Limited (Loblaw). PC Financial was created to promote Loblaw’s digital banking services to Canadian consumers.
What is purchase interest charge on PC Mastercard?
PC Financial Mastercard*
| Point value | 10,000 PC Optimum points are worth $10 (so 10 points = $0.01) |
| Welcome offer | 20,000 points (worth $20) after your first purchase |
| Income requirement | None specified |
| Purchase interest rate | 19.97% (20.97% starting in May) |
What is Walmart credit card interest rate?
Does the Walmart credit card have interest? Like most credit cards, the Capital One® Walmart Rewards® Card charges interest on all purchases. Your APR ranges from 17.99%, 23.24%, or 26.99% variable, depending on your credit profile. There are currently no promotional introductory rates offered.
What is the GIC rate for PC Financial?
PC Financial which is President’s Choice Financial is paying extremely less on their GIC rates for direct PC Financial customers. PC Financial is paying 2.00% for their 4 year GIC and 2.25% for their 5 year GIC.
Which is the best bank to get a GIC from?
If you go through a GIC broker or a financial or investment adviser PC Bank which is President’s Choice Bank is paying 2.42% for a 4 year GIC and 2.72% for a 5 year GIC. PC Financial and PC Bank are the same company owned by Loblaws.
How much does PC Bank have in term deposits?
PC Bank does have $275 million in fixed term deposits (OSFI data), which is presumably includes the stuff issued through GIC brokers and other non-retail channels. As Doug notes, they are different GIC products, not the same GICs with differing rates.
How is interest calculated on a Simplii GIC?
Let your money grow at a guaranteed rate. Interest is calculated on each day’s closing balance based on the simple interest rate and is paid or compounded (depending on the interest option chosen) at the end of each month. Your GIC or RGIC is non-redeemable and must be held for the entire term. Rates subject to change without notice.