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Is PC Financial travel Insurance good? Review 2024

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Traveling without travel insurance can have severe financial consequences. Did you know that one night's hospital stay in the U.S. can be over $14,000 CAD? In some countries, you may even be denied medical assistance if you cannot prepay for treatment.

Travel insurance is an absolute necessity when you're away from home, providing coverage for healthcare expenses and ensuring you can access medical services when needed. It also offers assistance for flight disruptions, lost baggage, and other related issues.

One popular provider worth considering is the PC Financial Travel Insurance (from President's Choice). So we've done a comprehensive review outlining the coverage, costs, and the pros and cons of their service.

Additionally, you can also use our comparator to explore the best travel insurances in Canada and get quotes in seconds.

President's Choice Financial Travel Insurance: 5 Key takeaways

• PC Financial Travel Insurance protects against unexpected medical expenses and other issues like delays and cancelations.
• It offers comprehensive coverage, including trip cancellation, interruption, emergency medical, and baggage loss/delay.
• It is important to review the policy's terms and conditions to understand coverage limitations and exclusions.
• The policy offers flexibility and customisation, allowing travellers to tailor their coverage.
• It is advisable to compare other travel insurances using our comparator, considering factors like coverage, cost, and reviews.

Our 2024 review of PC Financial travel insurance

President's Choice has joined hands with Manulife Travel Insurance to provide Canadians with exceptional plans so they can travel and enjoy their business trips or vacations stress-free.

PC primarily offers 4 travel insurance options: Complete package, Package without medical care, Global medical care, and Unequaled Protection Insurance.

Before we dive into the coverage of each option, here's a quick look at the pros and cons of this insurance overall.

Pros of PC Financial Travel Insurance

• Diverse insurance options
• Partnership with Manulife
• Insurance for seniors
• No-fee master cards with travel insurance
• Quarantine expenses covered in case of COVID

Cons of PC Financial Travel Insurance

• Pre-existing medical condition exclusions
• Limited pricing information on website

You can also compare PC Financial Travel Insurance with other providers in Canada like Allianz Travel Insurance using our comparator below and also get quick quotes based on your unique needs.

Compare the best travel insurance plans on the market!

How is the PC Financial Travel Insurance Coverage?

PC Financial travel insurance offers a wide range of coverage from trip cancellation and medical emergency to flight delays and lost baggage and more to ensure you have the most stress-free travel. However the coverages vary based on the option you choose.

What does PC Financial Travel Insurance cover?

Your PC financial travel insurance may cover medical insurance alone or a combination of travel medical and trip protection, although the specific policy details, including coverage duration and limits, vary across different plans offered.

Generally, the PC Financial Travel covers a few or all of the following based on your plans:

• Trip cancellation and interruption coverage: Reimburses non-refundable expenses if a trip needs to be canceled or cut short due to covered reasons like illness, injury, or severe weather.
• Travel medical insurance: This provides coverage for medical expenses incurred while traveling, including emergency medical treatment, hospital stays, and sometimes even medical evacuation back to your home country.
• Lost or delayed baggage coverage: In the unfortunate event of lost, stolen, or delayed baggage, this coverage will provide reimbursement for the replacement of essential items.
• Trip delay coverage: If your flight or other transportation is delayed (for a specific period of time), this coverage can reimburse you for expenses such as meals, accommodations, and transportation during the delay.
• Travel accident insurance: Offers coverage for accidental death or dismemberment that occurs during travel on planes, trains, or buses.
• Rental car insurance: Coverage for collision damage or theft of rental vehicles.
• Covid Travel Insurance : Covers Covid-related medical emergencies, repatriation and booking cancellations.

Here is a table to give you a quick overview of the coverage provided under the PC Financial Travel Insurance:

What does PC Financial Travel Insurance not cover?

PC Financial Travel Insurance, like other insurance policies in the market, has certain exclusions and limitations.

These may include coverage exclusions for pre-existing medical conditions, high-risk activities such as extreme sports, and incidents related to intoxication or drug use. Any claims arising from incidents related to being under the influence of alcohol or drugs may not be covered by the policy.

Additionally, travel to restricted or high-risk destinations may impact coverage eligibility. It's important to thoroughly review the policy's terms and conditions to fully understand the coverage limitations and exclusions that may apply.

If there are any uncertainties or specific concerns, it is advisable to contact PC Financial directly for further clarification.

How much does PC Financial travel insurance cost?

The price of PC Financial travel insurance depends on the following factors:

• Your desired coverage and respective policy
• Your deductible
• Your waiting period
• Your destination(s)
• The duration of your trip

You can compare coverages and prices of the best travel insurances in Canada using our comparator below and also get quick quotes based on your unique needs.

Is there a PC financial Mastercard travel insurance?

Yes, like other popular credit cards with travel insurance (to hyperlink later), President's Choice also offers this option. However, the extent of coverage and fee involved vary based on the type of credit card you choose.

PC has three primary credit cards. They are World Elite MasterCard MD , World MasterCard MD , and MasterCard MD .

PC Financial World Elite MasterCard travel insurance

PC World Elite MasterCard travel insurance provides up to $1,000,000 coverage for various emergency medical expenses during your travel including doctor charges, accidental dental care, return airfare, and more.

It also has car rental loss/damage and baggage coverage among others. It is important to read the offer documents of your card carefully.

To make insurance claims, it is highly important to ensure that your PC World Elite Mastercard account is in good standing at the time of the occurrence and the claim.

PC Financial World MasterCard travel insurance

The PC Financial World Mastercard does not offer any travel benefits, however, it does offer reward points for purchases made with respect to travel. It's best to check with your card provider to get accurate and up-to-date information.

PC Financial MasterCard travel insurance

The PC Financial MasterCard does not provide travel benefits by default. However, it might give you rewards and redeemable points that could prove beneficial for your trips and vacations. It would be best to get in touch with your provider for more information on this.

Good to know

In order to get these credit cards, you must satisfy certain eligibility criteria that also include a minimum yearly personal income or household income, apart from other credit approval criteria. Also, it's important that your travel purchases are made on your specific credit card to be eligible for claims after.

How do I contact PC travel insurance?

You can get in touch with the PC Financial travel insurance phone number: 1-844-862-8466 or 1-866-246-7262 . They are both toll-free numbers. You may have to wait a few seconds to minutes in queue when the lines are facing an unexpectedly high volume of enquiries.

The numbers are available only between 9:00 am and 5:00 pm (ET) from Monday to Friday. Weekends are closed for in-phone enquiries.

You could also fill up and submit a form on their website that is available under the contact us category and an agent will get in touch with you shortly after.

If you're an insurance holder, however, in the event of an emergency, however, you can call the toll free at 1-855-856-7569.

How do I file a claim for PC financial travel insurance?

To file a claim, you can get in touch with your provider directly on the phone and a customer service agent will guide you through the process.

You could also login on the PC Financial website to fill the claim form. It is extremely important to make sure you have all the supporting documents like invoices for purchases, bills, etc, at the time of claims process.

How do I cancel my PC financial travel insurance?

If you are looking for information and instructions to cancel PC Financial travel insurance at any time, please call 1-866-246-7262 to speak with a representative.

But canceling your travel insurance might mean putting yourself at the risk of financial stress should you be faced with unforeseen medical and other related issues during your travel. So, it's strongly recommended that you opt for a travel insurance that best suits your needs.

Now that you have a good idea about PC Financial Travel Insurance, you can compare it with the best travel insurances in Canada using our comparator below and also get quick quotes .

Nishadh Mohammed, an experienced news editor and writer, has been a member of the HelloSafe team since May 2023. With a robust nine-year background in journalism and content creation, he has transitioned from impactful roles at major Indian newspapers to steering the course of online content as the managing editor of The Daily Net. Possessing a proficiency in crafting content for diverse audiences, Nishadh also brings a deep understanding of data analytics tools such as SQL, Tableau, and Knime. His commitment goes beyond crafting engaging financial content for HelloSafe; he navigates the ever-changing SEO landscape, leveraging data-driven insights to make informed decisions. When he's not wrestling with SEO algorithms, Nishadh indulges in reading and passionately explores narratives on human rights, intersectionality, race, caste, and LGBTQIA+ issues.

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PC Financial Mastercard world elite travel insurance

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Topping up travel insurance offered by credit card

Here’s a start. https://assets.ctfassets.net/xqp30uh3quox/5bjnPXwVaaD7dwD792v0TY/917c718b945ffc1051abcccbaf5598c4/pcf_worldelite_coi_en.pdf i believe the answers are: 1. Yes, automatic, subject to conditions such as pre-existing conditions 2. that’s up to you. You may consider the coverage from PC MC isn’t enough. It doesn’t need to be one or the other. What I’m not clear about is how these credit card medical coverages work if you are driving out of country. You don’t have any airline tickets to prove entry/exit dates….how would you prove when you left rhe country? I assume you would need to prove it.  

But already that's not good, if they aren't even internally coordinated to answer public's basic answer.  

Did you try this number: 1-866-892-8683  

This thread opened is just in a nick of time. Not trying to break your estatic balloon in getting covered/iinsured even with the top up ... try getting your claim paid or deemed approved is a nightmare. Just read yesterday from G&M(?) that a gentleman broke his back from sleep-walking off his hotel's balcony (weird or what?) whilst vacationing down south (somewhere). Boy did he get his money's worth ... of hassles. He was so closed to being a paralyzed from the waist down before he got approval for the emergency surgery from his "out of country cc covered insurer" some days later ... after calling like not hanging up at all. The insurer's 1800 # wasn't being picked up ... the usual "normal than higher volulme BS" so be prepared to wait ... hours ... if not days ... if not never. Holy jesus. Only if you're interested, I'll look for the link and p ost o/w it's not all that uncommon or unheard of ... these days. You pay and you take your chances.  

From past experience, what matters is the terms of the insurance contract in effect when you enter into the contract. Suggest you download and read carefully to assess you are covered for the specific risks you are concerned about. Or post a link to it here and we can chime in. What the website or an agent say are at best only useful if you keep records and go to court months after the fact. In other words, if you have a claim someone will read the Terms in the Contract and pay based on that. Or not.  

Tostig said: The benefits detail from the PC Financial website says includes "airfare". So I think it that means trip interruption. Click to expand...

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• pcf_worldelite_coi_en.pdf 537.2 KB Views: 67

I just found out that TD’s US dollar Visa offers some trip interruption coverage. Up to $5,000 of coverage per insured person, to a maximum of $25,000 for all insured persons on the same trip. To be eligible for this insurance, you must pay at least 75% of the entire cost of your trip, including taxes and fees of the Common Carrier fare, and any hotel or similar accommodations with your TD Credit Card.  

• you must be under age 65
• you must be permanent residents of Canada with active provincial health insurance
• pre-existing conditions are excluded
• only the first 10 consecutive days of a trip are covered

James has provided a pretty good synopsis of how these plans work (as I understand it as well). Medical vs Trip Interruption & Cancellation are two very different things. Be sure to understand the difference and the one (or both) that you require. Be sure to fully understand the limited coverage of credit card plans and recognize it cannot be all that good considering how expensive such insurance coverages actually are. On a personal basis, I have ex-country health/medical coverage as a part of my annuitant heath benefit plans via Global Allianz which is ultimately the largest provider of this type of insurance. It is the same ex-country insurance active employees of the corporation have when they are traveling on company business. The part I have to cover on my own is Trip Interruption and Cancellation if I choose to do so. I bought this coverage back in 2015 when we were going for a Peru trip and I still had a very elderly parent alive. As it turned out, she died 5 days before we were to leave.We obviously had to cancel the trip. It took a lot of work but we were compensated for our non-refundable sunk costs because of that situation. We no longer buy TI&C because now that we are in our mid-70s, we have become higher risk of not being able to travel when scheduled and premiums have increased to about 10% of the value of the trip. We now self-insure on the premise that failure to follow through on 1 of 10 trips will pay for itself (like windshield coverage). We didn't buy TI&C for our recent trip to Costa Rica and we have not done so for our upcoming trip to Maui. Somewhere along the line, we may get caught exposed but we will take our chances.  

AltaRed said: We no longer buy TI&C because now that we are in our mid-70s, we have become higher risk of not being able to travel when scheduled and premiums have increased to about 10% of the value of the trip. We now self-insure on the premise that failure to follow through on 1 of 10 trips will pay for itself (like windshield coverage). We didn't buy TI&C for our recent trip to Costa Rica and we have not done so for our upcoming trip to Maui. Somewhere along the line, we may get caught exposed but we will take our chances. Click to expand...

We also look for opportunities for refundable bookings, or relatively short lock-ins. Easy to do with airfare but more difficult with bookings in resort places, and even less easily with 'vacation packages'. Our Costa Rica package was not refundable at all about 30 days out from commencement. It is a calculated risk we take.  

For packages, most tour operators sell a cancellation insurance that is not age-dependent. Runs usually $50 pp for the cheap coverage (gives you future vacation credit rather than your money back) or $100 pp for the better coverage (cancel for any reason, full refund, up to 24 hours before travel).  

Lots of good advice given here. I will check the other thread again and call PC Financial about the possibility of topping up the insurance for an extra two days and trip cancellation and interruption.  

Well my call to PC Financial's insurance administrator at the number on post #4, didn't get any results. No top ups are available. So I called CAA and got a quote for 2 extra days and for trip cancelation and interruption. It's over $500 for a $7000 trip for two people. Then my wife comes home and gets on the phone to talk to her pension administrator. It turns out we can register and pay an annual fee of something like $250 for the both of us to have trip cancellation and interruption as well as travel medical for all our trips. And for the trip we are booking, $35 per person. So, for us, problem solved.  

Thank you. I was remiss in not saying that actually. In the case of WestJet vacations (our Costa Rica trip) it only covers up to 3? 5? days before travel, so there is a short window of real exposure. Anyways, your point is well taken.  

We had/have Capital One world elite Mastercard. When we called to make a cancellation claim the C1 CSR had no information other than contact their insurer at this 1 800 number. We did, and had good service/good experience. The claim paid for more than 10 years of card fees. Our experience is that the credit card CSR’s only seem to have a data sheet with very general talking points. Anything else…call their insurance carrier. No surprise.  

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What Are President’s Choice Financial Mastercards?

While most might recognize the Loblaw-owned President’s Choice brand for its various products, including coffee, cuts of meat, and even pet food, they also offer a mobile phone service, PC Mobile, and various financial services under the umbrella of President’s Choice Financial . In addition, through this offshoot of the company, they offer a trio of credit cards known as the PC Mastercards.

An Overview of President's Choice Financial Mastercard cards

There are a total of three types of PC Mastercards:

• PC Financial Mastercard ,
• PC Financial World Mastercard ,
• PC Financial World Elite Mastercard . 

These cards allow you to earn PC Optimum points , which can be spent at Shoppers Drug Mart, Esso gas stations, and Loblaws stores. Cardholders can accumulate points not just at Loblaws-owned stores but also at various other retailers.

You can earn points from the following grocery stores:

• Atlantic Superstore
• Independent CityMarket
• Real Canadian Superstores
• The Independent Grocer
• Wholesale Club

You can also earn points shopping at Esso and Mobil gas stations, Shoppers Drug Mart and Pharmaprix pharmacies, and fashion brand/retail chain Joe Fresh.

The Benefits of Using a PC Financial Mastercard

The allure of the optimum points system.

First and foremost, the most popular draw of the PC Financial Mastercard is the Optimum points system . Reward programs are common these days, and it’s hard to find a card that offers nothing to its loyal users. PC Financial fulfills this need and more.

Obviously, shopping within the PC system will reap the most rewards. Not only will you earn more points, but they’ll go further on redemption when you put them towards approved products, services, and retailers. Stacking rewards with a PC Optimum credit card is a welcome feature, too.

In addition to the points you’ll be receiving and spending, there are a few extra bonuses, such as free PC Express pickup and 5% back on any PC Travel spending.

Common Advantages Across All PC Mastercards

While the three cards on offer vary in the details, such as how many PC Optimum points you earn while using each, certain benefits apply to all of them, such as the lack of an annual fee. In addition, none of the PC Financial Mastercards require a yearly payment to keep them active . All three cards also allow you to add up to four additional users for free.

Interest Rates and Balance Transfers

You’ll only pay 0.97% interest for the first six months on balance transfers. After that, purchase interest starts and remains at 20.97% for all three cards.

Exclusive Services and Travel and Insurance Benefits

The top two cards, PC Financial World Mastercard and PC Financial World Elite Mastercard , offer Mastercard Global Service Protection, 24/7 concierge service, purchase assurance, and extended warranties.

Finally, owners of a PC Financial World Elite Mastercard will also have access to travel emergency medical service and collision damage waiver insurance on owned and rented vehicles.

The Downsides of Using a PC Financial Mastercard

Limitations of pc mastercards.

No credit card is perfect, and that’s just as true for the PC Financial selection of Mastercards. As mentioned above, the biggest draw of these cards is the PC Optimum points system. If you regularly shop within the PC and Loblaw networks, the cards make for an excellent deal, especially the PC Financial World Elite Mastercard , which nets you the most points.

The Importance of the PC and Loblaw Network for Maximizing Points

However, that also points out the biggest downside to these cards. The cards lose most of their appeal if you don’t shop at PC partner stores or purchase PC products and services. You’ll earn points at a much slower rate – 1% on everyday purchases – and the points won’t be redeemable anywhere but PC Optimum retailers . Of course, one could make the argument that any points outside of their network are better than none, but these days, most cards offer points.

Lack of Cash Welcome Bonus: A Missed Opportunity?

Usually, the cards also don’t offer any sort of welcome bonus. While this may not be a big deal to some, it’s worth noting that, like rewards programs, welcome bonuses are increasingly common for new credit card owners. If various cards offer equally good plans, a welcome bonus might be enough of an incentive for someone to choose one card over another.

Limited-Time Welcome Bonus on PC Mastercard

To address the lack of a cash welcome bonus, PC Optimum is offering a limited-time opportunity to earn up to 100,000 welcome points until November 4, 2023. If you apply for a PC Mastercard on the PC Financial website, you can earn the following with your new PC Mastercard in Canada:

• 75,000 PC points when you spend $50 or more at partner stores within the first 60 days.
• 25,000 PC points when you spend $50 or more at Esso or Mobil within the first 60 days.

Comparing Travel Benefits with Competing Cards

Aside from the rewards, the cards generally don’t offer as many travel benefits as competitors’ cards. The lack of premium travel insurance makes this card less than ideal for people on the go. While it’s nice not having to pay an annual fee, some argue that this is why the card lacks many benefits that other cards carry.

Minimum Annual Income Requirements

On top of all that, the minimum annual income requirement for the PC Financial World Elite Mastercard is a whopping $80,000 for a single person and $150,000 for a household. In addition, if you qualify for the card, you have to charge a minimum of $15,000 every year to keep from being downgraded.

Is It Worth It?

Whether or not you should pick up a PC Financial Mastercard depends on a few factors. At the risk of sounding redundant, it only makes sense if you regularly shop within the Loblaw network. However, if you do happen to shop at those stores, especially if you purchase PC items, the card is an absolute must-have. If used properly, it’s possible to rack up many points in very little time.

If you don’t shop at those stores, take a hard look at some competing cards. The one exception is if this will be your first credit card. The lack of an annual fee is a huge incentive if you’re just starting out. And while the PC Financial World Elite Mastercard card might carry a hefty income requirement, the basic PC Financial Mastercard has no income requirement to speak of. Again, the benefits aren’t going to blow you away if you don’t shop within the network, but it’s a solid starter card regardless.

Alternative Cards to Consider

Here are three interesting alternatives to consider alongside PC Financial Mastercards:

Scotiabank Passport Visa Infinite Card

This card offers up to 35,000 Scene+ points and a first-year value of $747. It’s ideal for travelers and frequent shoppers at grocery stores like Sobeys and IGA, offering 3X Scene+ points on these purchases. Additionally, it has no fees for foreign currency transactions and offers free access to airport VIP lounges.

Walmart Rewards World Mastercard Card

With a first-year value of $274, this card offers a 3% cashback for online purchases on Walmart.ca and 1.25% in Walmart stores and on gas. It’s ideal for frequent Walmart shoppers and those looking to maximize cashback.

Tangerine World Mastercard

This card offers up to $100 cashback and a first-year value of $220. It’s perfect for those who want to customize their cashback, offering 2% cashback on two categories of your choice and 0.5% on all other purchases. It also offers several insurances, including mobile device and rental vehicle insurance.

Frequently Asked Questions

How can i access my president's choice mastercard account.

If you’re wondering how to manage your President’s Choice Mastercard account, you can easily access it online through the President’s Choice Financial Services website. You can log in using your mobile device, tablet, or computer.

Is it possible to manage my President's Choice Mastercard online?

Yes, you can manage your President’s Choice Mastercard online. This includes tracking your expenses, paying your bills, and checking your PC Optimum points balance. This feature makes it convenient for cardholders to stay on top of their financial activities.

How can I earn PC points with my Mastercard?

Earning PC Optimum points is straightforward with your President’s Choice Mastercard. You can accumulate points that can be redeemed for products and services at partner stores like Loblaws, Shoppers Drug Mart, and Esso gas stations. This is a great way to maximize your rewards while shopping.

How can I contact customer service for my President's Choice Mastercard?

If you need to reach customer service for your President’s Choice Mastercard, you can do so by calling the phone number listed on the back of your card. Alternatively, you can also contact them through the President’s Choice Financial Services website.

Does my President's Choice Mastercard offer travel insurance?

For those interested in travel benefits, the World Elite Mastercard from PC Finance offers emergency medical services while traveling, as well as collision damage waiver insurance for owned or rented vehicles. This makes it a suitable option for travelers.

What are the financing options with the President's Choice Mastercard?

When it comes to financing options, you’ll only pay 0.97% interest for the first six months on balance transfers with your President’s Choice Mastercard. After that, the purchase interest rate is 20.97%.

The President’s Choice World Mastercard offers additional services like Global Mastercard Protection Service, 24/7 concierge service, purchase insurance, and extended warranties. These extra features make it a compelling choice compared to other credit cards in the market.

Is it possible to get a cash advance with my President's Choice Mastercard?

Yes, you can get a cash advance with your President’s Choice Mastercard. However, be aware that higher fees and interest rates may apply for this service.

All posts by Audrey Voisine

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Home Insurance

Pc insurance review (june, 2024) – services, pricing, pros & cons.

If you’re currently searching for an insurance company, then chances are you’ve stumbled upon President’s Choice Insurance, also known as PC Insurance, which is one of the major players in the Canadian insurance industry.

Editorial Note: Comparewise is supported by our readers. When you find products and services through links on our site, we may earn commission.

PC Insurance

• Earn PC Optimum points on insurance
• Make claims 24/7
• Serves AB, ON, NB, PEI, NS and NL

Save up to 35% on insurance as a PC Optimum member - Claim this offer

The company promises to provide its customers with the best rates available in the market.

Most Canadian insurance companies pride themselves on offering the best and most affordable prices, along with top-notch services, while always prioritizing their customers’ needs.

However, these claims are becoming quite common and no longer seem newsworthy.

In this PC Insurance review, we will delve into PC Insurance’s products and services, and determine whether their claims are factual or mere hot air.

What is PC Auto Insurance?

PC Auto Insurance is an online insurance broker that compares your insurance alternatives side by side. You may obtain competitive coverage from up to nine different vehicle insurance carriers with only a few clicks.

All you need to do is provide your personal details to generate a quote that will display the cost of the insurance coverage you’re interested in.

It’s important to note that the quote may not be your final price, and it’s best to consult with a PC agent to negotiate the specifics of your contract before making any payments.

What types of insurance does PC provide?

PC Auto Insurance offers a variety of insurance packages from well-known providers to choose from.

Compulsory insurance

The insurance coverage that automatically comes with every quote includes the following:

• Liability insurance, which covers expenses that may arise if you cause an accident and someone sues you for damages.
• Accident benefits, which pay for medical expenses in the event of injury to you or your passengers during an accident.
• Uninsured motorist coverage, which helps you recover in case you encounter an uninsured driver or hit-and-run driver.
• Direct compensation, which pays for damages to your vehicle if you are not fully responsible for the accident (only available in Ontario).

Collision or Comprehensive Insurance

This insurance is more expensive, but it covers damages and repairs to your vehicle:

Collision insurance, which pays for repairs and maintenance following a collision, or replaces your vehicle if it is considered a write-off.

Comprehensive insurance protects your vehicle against damages caused by falling objects, vandalism, fire, theft, natural disasters, or civil unrest.

What do I need to know before applying?

Eligibility Requirements To qualify for PC Auto Insurance coverage, you must meet the following criteria:

• Be at least 16 years old.
• Hold a valid Canadian driver’s license.
• Own the vehicle you want to insure.
• You may also need to meet additional requirements based on the province you reside in.

How to Apply

If you want to apply for PC Auto Insurance, follow these simple steps:

• Visit the PC Auto Insurance website to request a quote online.
• Submit the required documents, such as a valid driver’s license and proof of vehicle purchase.
• If you meet the eligibility criteria, you will be verified and work with PC to negotiate the terms of your car insurance.

How to get in touch with PC Auto Insurance

You can contact PC Auto Insurance via their toll-free customer support number during regular business hours. Additionally, their claims hotline is available 24/7 to report accidents. For non-urgent inquiries, you can send an email or a letter to their business address in Ontario.

Pros of PC Pet Insurance

Free first month of pet insurance.

PC Pet Insurance offers a free first month of pet insurance, which could save you $50. You can try the service for a month before being charged, which is an excellent way to determine if it’s right for you.

Easy Sign-Up

The sign-up process for PC Pet Insurance is straightforward, and you can do it online after receiving a quote.

Coverage for Pets of Any Age

PC Pet Insurance covers pets of any age, including those that aren’t puppies. This means your pet can still be covered, regardless of their age.

Friendly Customer Service Representatives

PC Pet Insurance’s customer service representatives are friendly and eager to assist you, which is a refreshing change from the usual insurance company experience.

Discounts for Multiple Pets

PC Pet Insurance offers discounts for those with multiple pets. You can get a 10% discount if you have three to five pets, and a 15% discount if you have six or more pets.

Standard Coverage

PC Pet Insurance offers standard coverage, with accident coverage starting 48 hours after your policy, and illness coverage starting after 14 days.

Personalized Premium

Your premium is personalized based on your pet’s breed and location, taking into account varying veterinary costs.

Earn PC Points

If you pay with your PC Financial Mastercard, you can earn 20 PC points for every dollar of premium paid.

Affordable Rates

Accident coverage for dogs starts at $10.95 per month, and for cats, it starts at $9.95 per month.

Effortless Claims Approval

PC Pet Insurance approves claims without any trouble, making it easy to receive the coverage your pet needs.

PC Pet Insurance cons

Pre-existing condition coverage.

One downside of PC Pet Insurance is that it may not cover pre-existing conditions. When filing a claim, the underwriters will review your pet’s medical records to ensure that there are no pre-existing conditions.

It is also important to disclose any current or past conditions that your pet has experienced. For instance, if your pet has had food allergies, certain illnesses that arise from this condition, such as skin and gastrointestinal issues, may not be covered.

It is worth noting that other pet insurance providers have similar policies. Even Vet Insurance, which is renowned for being the “gold standard” in pet insurance, now requires a veterinary examination before approving a pet insurance application.

Delayed insurance documents

After being approved for pet insurance, customers may experience delays in receiving policy and member numbers from PC Pet Insurance.

This can cause confusion and inconvenience. While the policy package is comprehensive and easy to read once received, the wait time for delivery can be frustrating.

Claim Form Availability

In the past, finding claim forms on the PC Pet Insurance website may have been difficult.

However, it appears that the company has since made improvements to its website, making claim forms readily available as Adobe PDF files located on the right-hand side.

While the processing time for claims is faster than that of other pet insurance companies, it can still take some time to receive the results.

Changing Plans

If you need to change your pet insurance plan with PC Pet Insurance, you will need to submit a new application.

This is in sharp contrast to other pet insurance firms in Canada, where coverage may be updated with a simple phone call.

However, PC Pet Insurance suggests choosing a plan to cover your pet for the rest of its lifetime to eliminate the danger of pre-existing illnesses accumulating over time.

Overall, PC Pet Insurance has received positive feedback from customers with friendly customer service and transparent policies.

Their plans are straightforward compared to those of other providers, which may have more complicated plans with specific coverage limits.

PC Insurance: a brief overview of car insurance offerings

President’s Choice Insurance, regularly referred to as PC Insurance, is a famous Canadian insurance policy provider that serves clients across the country by providing a variety of insurance products.

This includes car insurance coverage, which is summarized below:

Car Insurance Coverage

PC Insurance provides various car insurance coverage options, including liability coverage, physical damage coverage, and accident benefits.

Optional coverage, such as legal protection, rental cars, and roadside assistance, is also available to customers.

Online Quotes

Customers can effortlessly obtain quotes for their insurance products online via PC Insurance’s website. This makes it convenient to compare coverage options and rates.

PC Insurance offers insurance premium discounts to customers for various factors, including having multiple policies with the company, having an excellent driving record, and driving a vehicle with safety features.

Claims Handling

PC I++++nsurance has a team dedicated to handling claims to help customers navigate the claims process quickly and fairly.

Customer Service: PC Insurance values excellent customer service and strives to maintain transparency, honesty, and open communication with its customers.

To assist people in locating the best insurance coverage for their unique needs, PC Insurance collaborates with a network of independent insurance brokers across Canada.

In general, PC Insurance is a respectable insurer that offers its clients a variety of insurance products, top-notch customer support, and openness.

PC Insurance market share

Although PC Insurance doesn’t publicly share its market share, it is a reputable insurance company in Canada with a long history, particularly in the areas of home and auto insurance.

Due to its affiliation with one of Canada’s largest merchants, Loblaw Companies Limited, PC Insurance has a significant market presence in that country.

PC Insurance is a well-known and reputable insurance company in Canada, despite the lack of precise market share data.

Other services offered by PC Insurance

PC Insurance offers a diverse range of insurance products to its customers in Canada, including:

• Car Insurance

PC Insurance provides liability coverage, accident benefits, and physical damage coverage for various car insurance products. Customers can opt for additional coverage, such as roadside assistance, rental cars, and legal protection, as well.

PC is one of the insurance companies in Canada that provides home insurance for houses, condominiums, and renters. Buyers of their policies can also add water damage, sewer backup, and home business insurance as options.

Insurance for Travel

Travel insurance from PC Insurance includes coverage for emergency medical bills, trip cancellations, and trip interruptions.

• Pet Insurance

Pet insurance options are offered by PC Insurance and cover boarding costs, prescription costs, and veterinarian costs.

PC Insurance provides life insurance policies such as term life insurance, full life insurance, and critical illness insurance.

Small Business Insurance

Business interruption insurance, property insurance, and liability insurance are all insurance options provided by PC Insurance for small companies.

PC Insurance’s car insurance coverage

PC Insurance is a subsidiary of Loblaw Companies and was founded in 1996. It provides home, auto, travel, and business insurance products to its customers.

PC Insurance offers car insurance coverage in select areas, such as

• New Brunswick
• Nova Scotia
• Newfoundland
• Prince Edward Island.

PC Insurance: making a claim or cancelling a policy

If you need to file a claim with PC Insurance, the process is hassle-free and straightforward.

You can easily call their phone lines and speak with an agent, who will ask for the necessary information and give you an estimated time frame for a response.

To make a claim, call 1-877-251-8656.

If you wish to cancel your policy, you can also use the same number to speak with an agent who will guide you through the process.

Keep in mind that cancelling your policy early may result in a cancellation fee, which is solely for administrative purposes.

Getting a quote from PC Insurance

To receive a quote from PC Insurance, you can contact them at 1866-660-9035 and speak with an insurance specialist during their weekday and Saturday hours of availability.

You can also obtain a quote online, but make sure to have all the necessary information on hand beforehand, such as your vehicle’s make and model, driver’s license, and driving record , among other details.

PC Insurance review final thoughts

PC Auto Insurance is a reputable car insurance broker that can provide access to competitive rates. However, keep in mind that they only compare rates from providers affiliated with their platform, so it’s essential to conduct your own research to ensure that you’re getting the best possible deal.

You might also like…

• TD Insurance Review
• Desjardins Insurance Review
• How To Get Car Insurance

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Offers shown here are from third-party advertisers. We are not an agent, representative, or broker of any advertiser, and we don’t endorse or recommend any particular offer. Information is provided by the advertiser and is shown without any representation or warranty from us as to its accuracy or applicability. Each offer is subject to the advertiser’s review, approval, and terms. We receive compensation from companies whose offers are shown here, and that may impact how and where offers appear (and in what order). We don’t include all products or offers out there, but we hope what you see will give you some great options.

FAQs about our PC Insurance review

Yes, as long as you give them permission and they have a valid driver's license. All licensed drivers in your household should be listed on your policy, regardless of how frequently they use your vehicle.

There are various ways to qualify for discounts, such as parking your vehicle off-street, having winter tires, or installing a car alarm. Additionally, students and seniors may also qualify for discounts. Visit PC's website for a list of other available discounts.

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Does PC MasterCard have trip cancellation insurance?

• Written by Mohamed Konate
• Published: January 16, 2024

Does PC MasterCard have trip cancellation insurance? 

Does PC MasterCard have trip cancellation insurance – PC Financial offers travel emergency insurance but do not offer trip cancellation insurance.

Please review the certificate of insurance for details.

Our experts have compiled a list of the  best cards in Canada in each major category , from cash back and low rate to balance transfers and more. Explore our top picks and find the best credit card for you.

Best Credit Cards in Canad a

Mohamed Konate is a personal finance expert, blogger, and marketing consultant based out of Toronto. He is a former financial services professional who worked for many years at major Canadian financial institutions where he managed the marketing strategy around various financial products ranging from credit cards to lines of credit. Mohamed is passionate about personal finance and holds a Bachelor in Business Administration from the University of Quebec (Montreal) and a Master in International Business from the University of Sherbrooke (Quebec).He is also the author of the Canadian Credit Card Guidebook. Read his full author bio

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Credit Cards

By Keph Senett on March 15, 2022 Estimated reading time: 6 minutes

PC Financial Mastercard review

This no-fee card can be a good entrée into the PC Financial Mastercard family for avid PC Optimum points collectors. We break down what you need to know about this card, including the benefits and drawbacks.

With grocery costs expected to rise between 5% and 7% in 2022 , it’s natural to want a card that can earn you some points on that additional spending. If you’ve been collecting PC Optimum points for years, the PC Financial Mastercard could be a good choice for you. This card is designed to help you earn Optimum points, which can be redeemed for groceries and other products at stores like Shoppers Drug Mart and Loblaw banner stores. While it doesn’t offer much in the way of perks, the PC Financial Mastercard sets up cardholders for good rewards now along with the potential for a more premium credit card (and greater rewards) in the future. Plus, if you’re already an avid PC Optimum points collector, this card will help you maximize your earnings.

PC Financial Mastercard

• Annual fee: $0
• Earn rates: 25 points per $1 spent at Shoppers Drug Mart; at least 30 points per $1 at Esso and Mobil gas stations; 20 points per $1 at PC Travel; and 10 points per $1 on everything else
• Welcome offer: earn 100,000 PC Optimum points. Offer ends July 2, 2024.
• Annual income requirement: None
• Point value: 1 PC Optimum point is worth $0.001 (redeem 10,000 points for $10)
• Recommended credit score: 560 or higher
• Interest rates: 21.99% on purchases, 22.97% on cash advances and 22.97% on balance transfers

What you should know about the PC Financial Mastercard

How to collect pc optimum points .

When you shop using your PC Financial Mastercard, you’ll earn points for every dollar you spend, not just at PC-affiliated stores. This works out to 1% in points, which on its own is a perfectly respectable rate. In addition you’ll receive 30 points per litre on gas purchased at Esso and Mobil stations, plus 25 points per dollar at Shoppers Drug Mart—one of the best returns on gas and pharmacy purchases on any card. No matter how you look at it, these are competitive rewards made even more attractive when you consider that the PC Financial Mastercard carries no annual fee.

How to redeem PC Optimum points 

Arguably the most flexible store credit card in Canada, the PC Financial Mastercard makes redeeming points as simple as earning them. Redemptions start at 10,000 points, which are worth $10 off at more than 2,500 PC-affiliated locations, including Loblaw banner stores like No-Frills or Fortinos and Shoppers Drug Mart. You can redeem points right at the checkout and the points will be used against the cost of whatever you’re purchasing.

Do you get a bonus for signing up ?

Who can qualify for a pc financial mastercard.

There is no specific income requirement for the PC Financial Mastercard, so it’s easy to qualify—even for students looking for their first card. And, if you fall into a higher earning category, you could be automatically considered for the higher-tier PC Financial World Mastercard ($60,000 income required) or PC Financial World Elite Mastercard ($80,000 income required) during the application process.

Can you get an upgrade to a higher-tier card?

Earning $60,000 to $80,000 annually may not be in reach right now, but if you spend at least $15,000 on your PC Financial Mastercard over the course of a year, you could be eligible to receive an upgrade to the mid-tier PC Financial World Mastercard. Spend $25,000 and be considered for PC Financial World Elite. All three options are no-fee.

How you can maximize your point earnings with the PC Financial Mastercard

Everything you buy using your PC Financial Mastercard earns you valuable PC points, but to maximize your earnings, you’ll want to get strategic with your spending. As a PC Financial Mastercard cardholder you’ll have access to PC Travel—President’s Choice travel service agency, where you will collect two times the points on your travel spending, including flights, hotels, tours and car rentals. And, when you use your PC Optimum personalized offers available through the app or in-store, you’ll increase your earnings even more.

What other benefits does the PC Financial Mastercard offer?

The PC Financial Mastercard is a basic, no-fee card geared towards those who want to save big on everyday purchases like groceries or drugstore items; this is where the card shines. However, like most no-fee cards, it doesn’t offer much in the way of perks—though you will enjoy purchase and extended warranty protection when you shop.

How the PC Financial App works

The PC Financial mobile app is available for Apple and Android phones, and allows you to access valuable insights about your spending habits, balances and points accumulation. If you’re someone who misplaces or loses their credit cards, you’ll love the lock card feature. It allows you to temporarily lock down your credit card without reporting it stolen or missing, giving you time to find your card and avoid the hassle of getting a replacement. If you determine the card is really gone for good, you can notify the bank right from the app. The PC Financial app also allows you to use either Google Pay or Apple Pay with your card. 

How Optimum Points Days work with the PC Financial Mastercard

Optimum Points Days is an annual PC promotion featuring bonus offers from partner stores including Shoppers Drug Mart, Loblaws, Real Canadian Superstore, Esso and Mobil locations. When you use the PC Financial Mastercard to make purchases that included bonus points, you can increase the amount you earn. 

Who should get this card?

The PC Financial Mastercard offers an easy, no-annual-fee way to collect PC Optimum points, so it’s a must-have for those who frequently shop at partner stores and PC Optimum collectors. With no strict minimum income rules, it’s a solid choice for young adults.  

Are there any drawbacks to the PC Financial Mastercard?

While the PC Financial Mastercard makes it easy to earn, the card does not allow you to collect points multipliers at Loblaw banner stores; that means you’ll receive only the base rate of 10 PC points per $1 (1%) on your grocery shopping there. As groceries are one of the biggest spending categories, this is a considerable shortcoming. Other no-fee cards, like the Tangerine Money-Back Card , offer double that rate, at up to 2% back on grocery purchases. 

As a store credit card, the PC Financial Mastercard isn’t as flexible as a conventional cash back credit card. You can only redeem PC points on purchases from retailers affiliated with PC. For those who do a lot of shopping at PC stores, though, the earn rate and redemption policy make it a real contender. 

The bottom line

The PC Financial Mastercard is a solid no-fee starter rewards card with easy qualifications, and it gives regular Canadians entry-level access to the PC points program. Cardholders can earn hefty rewards points at Shoppers Drug Mart and on gas (indeed, it’s one of the best credit cards for gas and drug store spending in Canada), but it falls a little short on grocery returns when compared to some other no-fee credit cards in Canada . However, the flexible points programs and easy redemption may make up for this shortfall. For those who shop regularly at PC-affiliated stores, the PC Financial Mastercard can boost your savings.

More on credit cards :

• The best rewards cards in Canada 2022
• Canada’s best credit cards for gas
• Canada’s best credit cards for grocery purchases 2022
• Best cash back credit cards

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About Keph Senett

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There are 3 points for Loblaw’s + Shoppers, 1 point for other locations. This article is factually incorrect.

I love the PC Mastercard! I save the points and treat my daughter to a ‘free’ grocery shopping trip.

I presently have Capitol 1 and walmart rewards Mastercard would like a PC card as more flexibility

We stopped using it after it couldn’t sync to mint.com anymore

Note that there is interest charged on purchases from the day of purchase. There is no grace period. Make a payment to your credit card every day after you have use it to minimize interest charges.

This isnt completely true. The interest rate is actually about 25% and there is absolutely no customer service, not to mention false claims on your statements.

I used to absolutely love my PC card it was my go to card for the better part of 20 years… Then they stopped sinking with me and I had to manually put in my purchases… Over an hour a month I didn’t have time for. Argh. We switched to Tangerine MC.

I’ve been an Elite member for years. I spend more than double the required amount. While I love the points which is free groceries for our family, the Customer Service is pathetic. While the folks you talk to are nice without exception. They can’t solve a 16 month old problem with our cards though they’ve tried many times. It started with their new website in November 2018 and exists to this day.

After being denied cards and loans from banks, PC Mastercard was the only Credit card I was able to be approved for when I was deep in credit failure. Been with them for about 6 to 7 years, and thanks to them for helping me get my credit back to very good.

There’s no mention in this article that effective May 25th 2020, PC Financial MasterCard will be rounding down the total purchase amount to the nearest full dollar when calculating PC Optimum points for the purchase. So if the purchase amount is $5.99 it will be rounded down to $5.00 No surprises here as PC Financial has followed what many other credit card companies have been doing (shrinking point perks) when it comes to collecting points. I will not be using this card much more in the future and shame on you PC Financial for squeezing the consumer for your benefit.

Everything is milk and honey until you try to get to your account on line vey difficult to get to the account. Agent tells me it is set up this way for my protection, but if they don’t change the way it works I am going to cancel this account and the frustration that goes with it

Avoid PC, I’ve been trying for two weeks to call them urgently about fraudulent use on my account. At least one call a day, over an hour on hold each time before having to hang up. They are uncontactable, a big concern. I’m switching provider immediately.

I barely use mine. It’s my only CC. In the 10-odd years I’ve had it I’ve been hit by fraud at least 3 times. Each time I was issued a new card number and points accumulated were never transferred to the new card.

It’s scam!!! Paid off my PC master card and close account. Get later for closing account from them. After half month get statement I need to pay 12.75$ Don’t use theirs card.

The pc mastercard is pretty bad in rewards if you think about it. A/ has to be specific items when you grocer shop, B/ the points you earn is like 0.04%, compared toa 1% cash back credit card that is embarassing. c/ Points can be hacked… cash back does not… My gf recently lost all 540,000 points that she had on her account, and I doubt we are getting them back. esecially during covid-19 Customer Service. d/ i had issues with trying to get my money back from a company that sold me clothing that was nothing as what was advertised, and a missing jacket. They told me I had to send it back, which would of come from my costs, at 30$ and that was *IF* the shadey company decided they would tell em they received it. “The website was a hidden chinese company pretending to have American Standards. There was no money received back from the missing jacket even..

really bad credit card, good for beginners since it doesnt have an annual fee but not a professionals credit card. best to look else where.

I was victim of identity theft and someone is using this credit card on my name since January, it seems as a good entry level credit card for criminals

I have a pc MasterCard and I can’t use my points

Worst credit card company.I am a health care worker and was few days late in my payment and informed that due to my work time I was late but will pay out asap but was told by costomer service that they will not waive interest due being late.I also do have other cards but told me not to worry about being late and they will wave the interest.But PC will not do this.What a shame.I will pay out my card and cease PC card.No more.

I’m a happy customer. We very quickly qualified for the World Elite card, and use it for everything, gas, groceries, utilities, online purchase, a fridge, travel. The result is a big reduction in grocery costs every time we shop. Linking the credit card to the Optimum card took a couple of calls to customer service, but we’ve been happy with it now for about 5 years

I cancelled my PC Financial credit card after the two months due to poor customer service. PC Financial was absolutely aweful. Shortly after, someone from the credit department called to apologize. I have no faith in their integrity as a company.

I have had a credit with this company for 5 years and only missed one payment because everyone is just trying to get their shit together with all this covid stuff I said I could pay today and totally forgot they froze my account and refused to open it for a week for missing 1 payment in 5 years and she was very rude said sorry nothing we can do I was not told that my account was frozen instead I had to be embarrassed when my card didn’t got threw when it should have worked since I only owed 30% percent of the balance of 5500 I am paying off my account and never having anything to do with this company again if this how you treat your loyal customers count me out.

PC MasterCard Customer Care do not know their promotions. One has to haggle with them and provide them screenshots of promotions that are still in effect. PC MasterCard has a 5000 point bonus offer for purchase of 40 litres or more of fuel at Esso and Mobil stations up to a maximum of 20,000 points from August 27-September 26, 2020. I only got those points after I asked for them when I bought fuel on August 28. I got them on the same day. I bought more fuel with my PC Master Card on September 19. No 5000 points again. When I contacted their Customer Care I was asked by Pat to send them a screenshot of the promotion. I did. Employee named Kel informed me that the screenshot was received and that the missing points will be added to my PC Optimum account within 4-6 weeks. If I did not received them after that timeframe I should let them know. Outrageous. Award for excellence? For what? For lack of knowledge, for not being informed about their own promotions and for playing with customers like cats with a mouse. Sorry, but I find this outrageous. That promotion is still in effect today. Where do they operate from? From Calcutta or somewhere from South America? Who trains those people?

I have phoned four or five times trying to get them to fix my account “ACCOUNT LOCKED” I’ve paid my bill hopefully not paying interest. The last time I spoke with someone I asked them to send a paper copy. I definitely don’t have hours to spend on the phone with them as they try and fix my LOCKED ON LINE ACCOUNT THAT THEY SO FAR ARE UNABLE TO FIX.

Hello – because MoneySense is an online magazine, we are dedicated to offering information that will help people make good financial decisions. However, we are not a liaison between customers and providers of financial services.

For personal advice, we suggest consulting with your financial institution or a qualified advisor.

The dispute process sucks. I started a claim on a purchase in July and it appears that this may go on for several more months. I am so frustrated. You always hear, use your credit card to pay for things so that if you have issues you have recourse through your credit card company. Well I am finding this is not the case with MasterCard.

I have been a client of PC MasterCard for many years with excellent record. Never missed a payment. I have given thousands of dollars in business to PC. just called Customer Service and asked them to waive the interest rate of $96 as we are going through these strange times. The Customer service rep was so insensitive and kept repeating the same script over and over. He didn’t seem to care. I am very disappointed with PC and thinking to switch to other institutions.

PC Financial decreased my credit limit of 5000 to 1300, I always paid my bill every single month, I recently had paid it all off too and was continuing to use it, as I had done every month, I logged on today and noticed they decreased my credit limit drastically without any notice, no email, no letter, no phone call nothing. I was furious, I canceled the card instantly. Stay away from PC Financial at all costs

This is for anyone thinking of getting a basic PCF Mastercard. It does give 10 optimum points on every rounded down dollar spent almost anywhere on anything. There are bonuses and select locations will give even more points for each dollar. So far that includes booze, prescriptions, weed, and even taxes. So long as you have some kind of verifiable income you can get a basic PCF Mastercard. That’s the end of all the positives about the card. Now for the negatives. Transaction postings take 1 to 4 working days not including weekends. Posting the optimum points takes another day or 3 after the actual transaction is posted. I’ve also just recently discovered that even though my spending hasn’t changed, when I started to very quickly pay down my balance they cut my credit limit in half without any notice. When I phoned, they absolutely refused to restore it period!! They told me I could apply for an increase in 6 months. All summed up, I like the card for the points I get, but they treat their customers like crap.

Got 20,000 points after first use of pc mastercard spent 50.08 cad (need to spend over 50 on first purcase). Great points if you fill gas and accumulates point faster than other competitors

With this card can I us my points to by gas at esso

Go ahead and read the endless breathtaking nightmares on so many other sites about this horrible PC Choice credit card. RUN! Don’t walk!

There is a minimum 21 day grace period. You do not pay interest on purchases if you pay the balance before the due date. Like every other credit card.

I am a long time customer and have recently experienced the worst customer service from PC Financial. Locked card, declined transactions, long wait times for customer service. I would not recommend their cards.

I had the CC for 3 years, my credit limit was 12500, I used to spend about 100 a month, I was going on vacation, I spent 2000 on flight, they decreased my credit to 7500 and I paid for hotel and they reduced it again to 3500. I paid off the balance the same day. WTF PC. 0 stars

I think PC Financial has a great rewards program. Unfortunately, I have been trying to activate my card for 2 weeks. Sitting on hold for 30 -4 minutes at a time and no one answers the phone.

PC Financial has let it’s customers down. They believe your time waiting on hold for over 40 minutes to speak to a customer service representative is OK. Perhaps senior management should try wasting their time on hold each time they have a question or concern. We have tried numerous time to use the online support but finally got a bot that said the question was too complicated. All we have been trying to do is activate my replacement card. As my wife is the primary card holder it will not switch over to my card and allow me to update the access code. PC Financial must do a much better job with their customer service to ensure our ongoing business. Ps. Additionally we have had a very hard time understanding the accents of the service reps and are constantly asking them to repeat what they have said.

Harry Hawryshko applied for a mastercard, was approved (approx 3 weeks ago) still no card. what happened to the card?

I can’t believe how long I have been waiting to talk to a representative. I have been on hold an hour. Is there that many people wanting to talk to PC master card? I am sick of hearing a recording saying how important my call is to them after over a hour of waiting. What happen to good service in our world.

If I was to spend $1000.00 on locations other than pc affiliated what cash dollar amount would I receive back?

I would love to have gotten a PC Mastercard – but seems it might be because I have a lower income-senior- I have been disqualified. I have 800+ credit rating=excellent, own my home 24 yrs., no mortgage- but have been put through hoops trying to find out why I denied a credit card. Very disappointed in how I have been treated. Asked repeatedly to send the same information which has all been in emails and PM. A rep called me at home stating a bunch of information that did not mean anything. It was double talk thinking I was stupid. When I said to her I am old, not stupid, she went quiet and the conversation stopped. I just hung up the phone. Low income is the only reason I can come to to not receive this card. I meet all other requirements.

It appears there are real issues with the Master Card system in that it will remove your card from the system even when there is no issue with your account. This is done with no notification to the card holder. Solution is to issue a new card which will be mailed to you. There is no notification or check to see if the card is received, Digging into their system as much as a customer can that is the tip of the ice burg . Think carefully before getting this card. Like many other companies without enough resources hours of wait time is required to contact the company. Their chat system is virtual and only answers a few selected questions. Not a good choice.

NB. It is worth pointing out the Tangerine card mentioned doesn’t bring 2% on ALL grocery purchases, only SOME. Unless you do your grocery shopping at certain grocery stores the rate doesn’t apply. Yet again, it’s only in the small print, but I’m sure many customers get taken in by this policy.

Horrid and deplorable customer service. Don’t ! You will lose many hours of your life you cannot take back for nothing, just a lot of frustration.

They aren’t prepared for new customers. SHAME ON YOU!

I got a P/C Mastercard in the spring promising me and even an e-mail congratulating me on receiving the 100,000. points that was part of the deal when I applied for the card , and what signed up for .I charged more than the required amount @ gas stations and misc for the last 4 months. I had to buy .To date, (4 months later ) still only have points for purchases I made. (Rip of or scam)?

The pc master card is great. The customer service should you need help is terrible. Redeeming my points and moving on. Love me some rewards programs, but not more than customer service. Save your time and get a better card.

I made a mistake paying pc MasterCard. I paid my other MasterCard by mistake. Pc Financial froze my account as payment was not made to them for that month causing payments I make with my card not being made plus problems with credit bureau. I have been with them for years and I am not happy they would do this for one missed payment. I always make my payments on time.

I asked for an interest rate reduction, which I did receive from other companies at the same time. I am not in financial difficulty, thankfully, and have never been late in paying. Their rate is very high and I wanted it reduced. They declined to do so, and the next month they reduced my limit to a few hundred dollars over what I owe, and have done so subsequently several times. I stopped making purchases on the card when they refused to lower my interest rate, and now they are balance-chasing. My credit score is still good, but they are deliberately causing my utilisation rate to increase every month as I pay it down. Beware; if you ask for a reduction, or pay off your balance responsibly, they may balance-chase and cause a lowered credit score. Very shady. Like others here, I have been a responsible card holder with PC for over 5 yrs, but will close it out shortly and never recommend it.

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PC Financial World Elite Mastercard

Signup bonus:

Annual fee:, earning rate:.

The PC Financial World Elite Mastercard is a fine choice for people who frequently shop at Loblaw’s brands, but otherwise has limited appeal.

Bonuses & Fees

The card currently has a welcome bonus of 20,000 PC Optimum points upon making their first purchase at a store that participates in the PC Optimum program.

Occasionally, new applicants can earn a welcome bonus of 100,000 PC Optimum points upon making their first purchase at a store that participates in the PC Optimum program. If you’re interested in the card, consider waiting for this offer to make an appearance before applying.

The card has no annual fee .

Earning Rewards

The card has category bonuses for shopping at specific stores:

• All Optimum members earn an additional 15 points per dollar spent at Shoppers Drug Mart and Pharmaprix, regardless of which credit card is used to pay
• Earn at least 30 Optimum points per litre at Esso and Mobil gas stations
• Earn 30 Optimum points per dollar spent at PC Travel
• Earn 10 Optimum points per dollar spent on all other purchases

While these rates cover a wide range of categories, they only apply at these particular merchants. So while the card may appear to have strong earning rates, it only benefits cardholders who already shop at those stores, or are willing to change their shopping habits.

Redeeming Rewards

PC Optimum points have a value of 0.1 cents per point , with occasional 50% bonus redemption events. Points can be redeemed at PC Optimum’s partner grocery stores and drugstores.

Perks & Benefits

The PC Financial World Elite Mastercard has no meaningful perks or benefits to speak of.

Insurance Coverage

The card has a modest insurance package, including emergency medical insurance for trips up to 10 days, and standard extended warranty and purchase protection .

It also includes rental car collision insurance for cars up to an MSRP of $65,000.

However, it doesn’t offer the specific provisions that are important to travellers, and the coverage it does provide can also be found on many other cards.

As a World Elite product, this credit card has a minimum annual income requirement of $80,000 (individual) or $150,000 (household). Follow the below link to the PC Financial website to learn more about this card and submit an application.

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PC Travel Review: Is it worth using?

Since joining the PC Insiders program, I have become more and more interested in the PC Optimum points program and how I could earn more points to redeem against grocery bills. To take advantage of the additional earning power, we have also applied for the no free PC Financial World Elite Mastercard. As a PC Insider , one of the benefits is the annual $99 credit we can use when booking flights, hotels, vacations, car rentals, and cruises on PC Travel. As a result, I’ve been quite curious about PC Travel and whether it’s an effective travel booking site for Canadians compared to the other travel booking sites like Google Flights, Expedia, and Costco Travel. Unfortunately, with PC Travel, you can’t redeem your PC Optimum points (it would be awesome if you could). Instead, you can earn points when you book through PC Travel. Is PC Travel worth using for booking travel? Here’s my PC Travel review. 

What is PC Travel?

PC Travel is a travel agency started by the President’s Choice/Loblaws brand in September 2014 . With PC Travel, you can book flights, vacations, hotels, cruises, car rentals. From the initial view on the website, PC Travel appears to be a good travel booking alternative for Canadians. 

One key thing to note is that you can only book through PC Travel if you hold a PC Financial Mastercard or if you are a PC Insiders subscriber. The website will ask you to confirm which Mastercard you hold or if you are a PC Insider. By using a PC Financial Mastercard, you can earn additional PC Optimum points when you make a booking through the website. 

In case you’re wondering about the PC Insiders program, this is a subscription based membership program that President’s Choice/Loblaws started a number of years ago. You can be a PC Insider by paying a monthly or an annual fee. As a member, you can earn additional PC Optimum points on certain products like PC Organics, PC Black Label products, diapers, and formula. The biggest benefits as a PC Insider is that you can also order groceries online and pick them up for free (normally a $3-5 pick up fee depending on the pick up slot). Another perk you get if you pay for the annual $99 fee is an annual $99 travel credit for travel bookings through PC Travel. Essentially the PC Insider program is free if you account for the PC Travel annual credit. Check out my review of PC Insiders here. 

Earning PC Optimum points with PC Travel

As a PC Financial Matercard card holder, you can earn different amounts of PC Optimum points when you make a booking with PC Travel.

• As a PC Financial Mastercard holder, you will earn 20 PC Optimum points per $1 spent on PC Travel.
• As a PC Financial World Mastercard holder, you will earn 20 PC Optimum points per $1 spent on PC Travel. 
• As a PC Financial World Elite Mastercard holder, you will earn 30 PC Optimum points per $1 spent on PC Travel.

The nice thing about the PC Mastercards is that they have no annual fees. If you can meet the income requirements, the best card to apply for is the PC Financial World Elite Mastercard since you’d get 3% back on every dollar spent.  

In case you’re wondering, for every 10,000 PC Optimum points you receive, you can redeem $10 off your grocery bills. This is essentially like getting cash back and the main reason why we like the PC Optimum program so much – the simplicity. 

Now if you don’t have a PC Financial Mastercard but you’re a PC Insider, you can still make bookings through PC Travel. Unfortunately, you won’t be able to get any PC Optimum points on your travel bookings. Since none of the PC Mastercards have annual fees, it really makes a lot of sense to have one to maximize your earning power. 

How long does it take to receive PC Optimum Points with PC Travel?

According to PC Travel’s Books Terms and Conditions , it takes approximately three to five weeks following the date of purchase from PC Travel for PC Optimum points to be awarded. If there are any bonus PC Optimum points (i.e. when there’s a promotion for additional PC Optimum points booked through PC Travel), the bonus points will show up within the three to five week period as a separate transaction.

When we shop at Superstore, No Frills, or any other Loblaws stores, we’d see PC Optimum points show up in the PC Optimum app within minutes after the purchase. To me, it is extremely strange that it takes three to five weeks to see points when you make a booking through PC Travel. For PC Travel to be more popular for Canadians, I believe a faster points deposit time frame is needed. 

PC Travel Flights vs. Google Flights

One of the things I’m curious about is comparing the prices between PC Travel and Google Flights. From my searches, both PC Travel and Google Flights provided the same flight prices for airlines like Air Canada, WestJet, and United when booking travels to the US. I do appreciate PC Travel showing me how much PC Optimum points you’d earn if I were to book the flight. This way I can calculate the “true” airfare price. 

When I tried to search flights for domestic or international travels, I noticed that PC Travel does not include discounted airlines like Air Transat. So there were some price differences between PC Travel and Google Flights.   

PC Travel Hotels vs. Marriott

Since I’m a Marriott Bonvoy Elite member, whenever I travel, I try to stay at a Marriott property as much as I can to accumulate points and earn status. How would PC Travel compare to Marriott’s website when it comes to hotel bookings? 

Unfortunately, based on my searches, I am unable to draw any conclusion on which website is cheaper. One important thing to note is that if you book hotels through PC Travel, you won’t be able to earn any Marriott Bonvoy points and if you’re an Elite member, you won’t get recognized. Furthermore, the night stay won’t show up under your Bonvoy account. As a Marriott Bonvoy Elite member, unless PC Travel has really good hotel deals, I will most likely only book directly through Marriott’s site.

The same statement can probably be said when we compare other hotel brands too. 

PC Travel vs. Costco Travel – Car Rentals

Given that PC Travel has a car rentals option, I figured I’d compare PC Travel and Costco Travel. 

On my first search, renting a car from Vancouver International Airport, PC Travel came out ahead of Costco Travel. However, it is interesting to note that with PC Travel I’d rent a car through Dollar (never heard of them) whereas with Costco Travel, I’d rent through Budget. This doesn’t seem to be an apple to apple comparison. Since I’ve never rented with Dollar before, I would feel more comfortable renting with a more established brand like Budget. 

When I did another search, renting a car from LA International, Costco Travel came out ahead when both websites showed me the car rental cost when renting through Alamos. 

If you are not picky on which rental car company you rent your car with, PC Travel may show some cheaper rental car options depending on your pickup location. Generally speaking, prices for PC Travel car rentals seem to be more expensive than other choices. It’s not worth booking through PC Travel just to learn more PC Optimum points.

PC Travel vs. Costco Travel – Vacation

Since both PC Travel and Costco Travel have a search option for vacation packages, I thought it would be worthwhile to compare the two. 

When I searched for a Maui vacation package, Costco Travel came out ahead by a mile. Interestingly, Costco’s vacation package includes car rental while PC Travel’s vacation package only includes airfare and hotel. If we account for the cost of the car rental, Costco Travel is definitely a better website for booking a Maui vacation package. After a few more searches on travel vacations, I concluded that prices for PC Travel vacations are way more expensive than other travel booking sites like Costco Travel and Expedia. While you will earn a lot of PC Optimum points if you book through PC Travel, I have concluded that it is not worth it.

PC Travel Pros

After doing a number of searches and comparing PC Travel with other travel booking sites, I concluded that PC Travel has a few benefits.

• If you sign up for the PC Insiders program and have the $99 annual travel credit, it makes sense to apply the credit towards flights, vacation packages, car rentals, hotels, and cruises. One thing to note is that the $99 travel credit can only be applied to hotel bookings of 3 or more nights . In other words, if you’re looking for a quick two night weekend staycation by booking a hotel in your city, you won’t be able to use the travel credit, unfortunately.
• If you are big into PC Optimum points, PC Travel allows you to earn more points.
• PC Travel has a Best Price Guarantee which gives PC Travel customers peace of mind. If you find a lower advertised Canadian dollar price than that advertised on the website at time of booking, and the rate is verified, PC Travel will match the lower rate and reward you with 25,000 bonus PC Optimum points on the booking. There are a number of terms and conditions you must meet . 

PC Travel Cons

Other than taking advantage of the $99 annual travel credit that you receive as a PC Insider, I personally don’t think it makes sense to book through PC Travel as there are quite a few cons.

• All bookings are 100% non refundable according to PC Travel’s FAQ section. Since the payment is due at the time of booking, if you make a booking and need to change your plans, it can get problematic. The cancellation policies and penalties vary by travel providers, airlines, and/or tour operators. So you need to contact PC Travel Call Centre at 1-844-862-8466  to find out more. 
• The full payment and non refundable policy can be tricky if you use PC Travel for hotels or car rentals and you need to make a change later. For example, if I were to book a hotel with Marriott, typically you can change your reservation. You can also cancel 48 hours prior to arrival without being charged. In this sense, PC Travel is not very flexible at all.
• PC Travel does not provide any guarantee to changes to your booking. You’d have to call the call centre to find out more details. This is not ideal if you need to change your itineraries. 
• As mentioned, it takes three to five weeks for PC Optimum points to show up in your account. I don’t understand why it takes so long and it can be difficult to keep track of the points. 
• Since the main draw of using PC Travel is earning more PC Optimum points, if you don’t shop at any President Choice or Loblaws stores, it makes very little sense to book through PC Travel. And if you don’t shop at PC or Loblaws stores, chances are you aren’t a PC Insider or have a PC Financial Mastercard, which means you can’t use PC Travel anyway. 
• If you are booking flights with PC Travel and paying with a PC Financial Mastercard, it may be problematic if you face a trip interruption, flight delay, or baggage delay since none of the three PC Financial Mastercards have any sort of travel insurance coverage. Since we’ve encountered flight and baggage delays a few times when we travelled to Denmark, I would be very hesitant to book any major travels with PC Travel. Now if it’s a straightforward trip like going to Los Angeles with no checked-in luggage, it might be worth booking through PC Travel, especially if you are redeeming the $99 annual travel credit. Similarly, I wouldn’t rent a car with PC Travel and pay with a PC Financial Mastercard since there’s no rental insurance coverage with the card. 

My Experience with PC Travel

When we first joined the PC Insiders program, my original plan of using the $99 annual travel credit was to book a hotel room in Vancouver for a weekend staycation with Mrs. T. But after finding out the minimum three night stay requirement, we quickly scrapped that idea. It’s unfortunate there’s a minimum three night stay requirement because that doesn’t give us much options to use PC Travel for a hotel booking and redeem the travel credit. 

For FinCon’19 , I used PC Travel to book my flights between Vancouver and Washington DC. I figured it was OK to book with PC Travel because I was doing carry-on luggage only, and I wasn’t going to change my itineraries. The flight was with Delta and the cost would have been the same if I were to book through Delta. The airfare for my Vancouver/Washington DC trip was $700 including taxes so I ended up getting 21,000 in PC Optimum points or an equivalent of $21 that I can take off when shopping at Superstore or No Frills. 

As you may recall, we had plans to go to Disneyland after FinCon’20 . Originally we were going to book through PC Travel and use the $99 travel credit again from our PC Insiders renewal. We decided against using PC Travel for this trip after we considered all the bonuses we’d get for signing up the WestJet World Elite Mastercard. We ended up booking directly with WestJet so we could use the WestJet Dollars and a compassion voucher. Due to the COVID-19 pandemic, we eventually cancelled our flights and received a full refund from WestJet. The cancellation and refund process was quite easy with WestJet as we simply logged into our accounts and clicked on “cancel flights.” There was no need to get on the phone, wait, and talk to an agent. If we were to book through PC Travel, we would have to call the PC Travel Call Centre and spend a lot of time talking to an agent and try to get a refund. We probably wouldn’t have received a full refund if we had booked our flights through PC Travel. 

PC Travel Review  – Is it worth using? 

So what’s my opinion on PC Travel? Is it worth using this travel booking platform when there are tons of alternatives out there? Although my only booking experience with PC Travel was positive, I wouldn’t book anything with PC Travel unless I want to redeem our $99 PC Travel credit and if our travel plan was very straight forward (i.e. a direct flight, no check-in bags, etc). I would not want to use PC Travel for a trip that involves complex itineraries. The lack of travel insurance on the PC Financial Mastercard also means that I would not want to book any international flights, car rentals, cruises, or even vacation packages with PC Travel. If I book anything without having travel insurance, I would be worried if something happens. Therefore, the most likely scenario for me to use PC Travel would be booking a 3 night hotel stay and redeem the $99 travel credit. But the idea of staying for 3 nights and not accumulating any night count toward Elite status doesn’t sound like a good idea to me. 

Even with the new PC Insider program and the extra earn rate of 5% as a PC Insider member, I would be hesitant making a travel booking via PC Travel. This is mostly because prices via PC Travel appear to be more expensive than other travel booking sites. While it is great to be able to earn PC Optimum points when booking through PC Travel. I honestly do not think it’s worth the hassle. You are better off booking directly with an airline, a hotel, or a car rental company. For vacation packages, PC Travel doesn’t seem to offer a great deal when compared to Costco Travel and other similar travel booking sites.

According to the Yelp review, many Canadians had bad experience with PC Travel, especially the cancellation and non-refundable policies. This does not surprise me at all. 

For me, it is very unfortunate that PC Travel is so restrictive and doesn’t provide much value compared to other travel booking alternatives. For PC Travel to be more appealing to Canadians, the company needs to make the booking platform more flexible with a better cancellation policy while offering very appealing pricing. 

Dear readers, have you used PC Travel? What’s your experience? What do you think about this PC Travel review? 

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All the information were useful I was looking for a site like this .I will always suggest it to my friends

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• Best PC Financial Credit Cards in Canada

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The Best PC Financial Credit Cards in Canada For June 2024

Updated: Jun 18, 2024, 2:57am

Fact Checked

If you find yourself frequently browsing the aisles of Loblaw-owned grocery stores, stocking up at Shoppers Drug Mart, or filling up your tank at Esso or Mobil, a PC Financial credit card could be your ticket to accumulating Optimum points with your everyday purchases. PC Financial currently offers a lineup of various credit cards that can help you grow your collection of PC Optimum points; several have no annual fee , and all of these credit cards offer a range of different perks. Read on as we rank the PC Financial credit cards from best to worst for your wallet, grocery bill and gas tank.

• Featured Partner Offer

Best PC Financial Credit Cards For June 2024

• PC Insiders World Elite Mastercard
• PC World Elite Mastercard
• PC World Mastercard
• PC Mastercard

Here’s a Summary of the Best PC Financial Credit Cards

Methodology, best pc financial credit cards in canada for june 2024, best pc financial credit cards, pc financial credit card benefits, pc financial credit card fees, requirements for pc financial credit cards, how to apply for pc financial credit cards, frequently asked questions (faqs).

• Best Credit Cards
• Best Travel Credit Cards
• Best Airport Lounge Access Credit Cards
• Best Cash Back Credit Cards
• Best Credit Cards for Bad Credit
• Best Aeroplan Credit Cards

Feature Partner Offer

RBC Cash Back Mastercard

On RBC’s Website

Welcome Bonus

Regular APR (Purchases) / Regular APR (Cash Advances)

20.99% / 22.99%

Tangerine Money-Back Credit Card

On Tangerine’s Website

Regular APR

MBNA True Line® Mastercard®

On MBNA’s Website

12.99% / 24.99%

PC Insiders World Elite

150,000 PC Optimum points ($150 value)

The PC Insiders World Elite Mastercard is the only card on this list with a welcome offer— one worth $150. It also earns the most PC Optimum points per dollar of any of the PC Financial cards, earning you 40 PC Optimum points per dollar at Loblaw-owned grocery stores and 50 points per dollar at Shoppers Drug Mart. You’ll also get a bonus of $0.07 per litre when you fuel up at Esso or Mobil stations. That said, it does come with an annual fee and minimal benefits outside the PC Optimum world.

• Earn more Optimum points at Loblaw-owned stores and Shoppers Drug Mart
• Earn $0.07 per litre on gas at Esso and Mobil
• Built-in travel emergency medical insurance and car rental collision/loss damage waiver insurance
• Little benefit when spending at grocery stores , drug stores or gas stations outside the Loblaw umbrella
• $120 annual fee
• Not many extra perks or benefits
• Welcome bonus of 150,000 PC Optimum points when you spend $3,000 or more within the first four months ($150 value)
• Earn 40 PC Optimum points per dollar at Loblaw-banner grocery stores
• Earn 50 PC Optimum points per dollar at Loblaw-banner grocery stores
• Earn $0.07 per litre on gas at Esso and Mobil stations
• Earn 10 PC Optimum points per dollar on purchases everywhere else
• Get a complimentary PC Express Pass ($99.99 per year) that gives you free grocery delivery and pickup on eligible orders of $35 or more.
• Built-in $1 million travel emergency medical insurance for first 10 days of a trip for those under 65 years old
• Car rental collision/loss damage waiver insurance for up to 31 days
• Purchase assurance and extended warranty

If you want to earn valuable points while shopping for your essentials, like groceries and gas, the PC World Elite Mastercard   does just that—and with no annual fee. The PC World Elite Mastercard racks up PC Optimum points while you shop at Loblaw-banner stores (like No Frills, Fortinos, Loblaws, Zehrs and more), as well as at Shoppers Drug Mart, Esso and Mobil.

• No annual fee
• Earns 30 PC Optimum points per dollar spent at Loblaw-banner stores and 45 points per dollar at Shoppers Drug Mart
• Comes with perks like travel insurance
• No welcome bonus
• Not as flexible as cash back
• Can only be redeemed in increments of 10,000 points (worth $10) at participating stores
• Earns 30 PC Optimum points per dollar spent at Loblaw-banner stores
• Earns 45 PC Optimum points per dollar at Shoppers Drug Mart
• Earns 30 PC Optimum points (minimum) per litre at Esso and Mobil gas stations
• Earns 10 PC Optimum points per dollar on everything else
• Your rewards could add up to $278.52 a year in rewards value (or $429.24 with Loblaw purchases), according to Forbes Advisors calculations based on average spending among Canadians
• Includes travel emergency medical insurance
• Includes car rental collision/loss damage insurance

Think of this card as the slightly more accessible version of the PC World Elite Mastercard. You’ll still earn more PC Optimum points when buying essentials with no annual fee, but at a slightly lower earn rate than the World Elite.

• Earn 20 PC Optimum points for every dollar spent at Loblaw-owned stores
• Doesn’t offer other perks like travel insurance
• Income requirements of $60,000 annually per individual and $100,000 per household
• Earn 20 PC Optimum points per dollar spent at Loblaw-owned stores
• Earn 35 PC Optimum points per dollar spent at Shoppers Drug Mart
• Earn 30 PC Optimum points per liter at Esso and Mobil gas stations
• Earn 20 PC Optimum points when booking through PC Travel
• Earn 10 PC Optimum points per dollar spent everywhere else
• Your rewards could add up to $278.52 a year in rewards value (or $353.88 with Loblaw), according to Forbes Advisors calculations based on average spending among Canadians

The PC Financial Mastercard is the most basic PC Optimum credit card on this list, but it’s also the most accessible because it doesn’t have income requirements. It also earns PC Optimum points on all your spending without having to worry about an annual fee.

• Earn PC Optimum points at an accelerated rate when you spend at Loblaw-owned stores, including Shoppers Drug Mart
• No income requirements
• Little benefit compared to the other PC Financial credit cards when spending at Shoppers Drug Mart or Esso and Mobil
• Earn rate at Loblaw banner grocery stores is the same as the base rate
• No extra perks or benefits
• Welcome bonus of 20,000 PC Optimum points when you make your first purchase at a store that sells PC products or at an Esso or Mobil station
• Earn 10 PC Optimum points per dollar at Loblaw-banner grocery stores
• Earn 25 PC Optimum points per dollar at Shoppers Drug Mart
• Earn up to 30 PC Optimum points per litre at Esso and Mobil stations

When determining a rating for individual credit cards, the Forbes Advisor Canada editorial team factors in an exhaustive list of data points. With PC Financial credit cards, the scoring model used takes into account factors such as, but not limited to, reward earn rates and categories, fees, welcome bonuses and other rewards and features. Keep in mind, what may be best for some people might not be right for you. Conduct informed research before deciding which cards will best help you achieve your financial goals.

This card earns the most PC Optimum points on spending at Loblaw-banner grocery stores and Shoppers Drug Mart.

Rewards: Earns 40 PC Optimum points per dollar at Loblaws-banner stores, 50 PC Optimum points per dollar at Shoppers Drug Mart, $0.07 per litre at Esso and Mobil gas stations and 10 PC Optimum points per dollar on everything else.

Welcome Offer: 150,000 PC Optimum points ($150 value) when you spend $3,000 or more within the first four months

Annual Fee: $120

Other Benefits and Drawbacks: This card earns big when it comes to PC Optimum points and has a solid welcome bonus . That said, it comes with an annual fee yet its benefits are minimal, only offering travel emergency medical insurance and car rental collision/loss damage waiver insurance.

———————————————————————————-

This card has no annual fee and earns PC Optimum points at Loblaws-owned grocery stores, Shoppers Drug Mart and at Esso and Mobil gas stations.

Rewards: Earns 30 PC Optimum points per dollar at Loblaws-banner stores, 45 PC Optimum points per dollar at Shoppers Drug Mart, 30 PC Optimum points (minimum) per litre at Esso and Mobil gas stations, 30 PC Optimum points per dollar at PC Travel, 10 PC Optimum points per dollar on everything else.

Welcome Offer: None

Annual Fee: $0

Other Benefits and Drawbacks: This card includes valuable perks, especially for a no-annual-fee card, like travel emergency medical insurance and car rental collision/loss damage insurance . That said, it doesn’t offer much if used outside of Loblaw-banner stores.

This card is essentially a more bare-bones version of the PC World Elite Mastercard. It still earns PC Optimum points at Loblaws-banner grocery stores, Shoppers Drug Mart and both Esso and Mobil gas stations—just at a lower rate.

Rewards: Earns 20 PC Optimum points per dollar at Loblaws-banner stores, 35 PC Optimum points per dollar at Shoppers Drug Mart, 30 PC Optimum points (minimum) per litre at Esso and Mobil gas stations, 20 PC Optimum points at PC Travel, 10 PC Optimum points per dollar on everything else.

Other Benefits and Drawbacks: While this card doesn’t stack up in terms of earning potential against the PC World Elite Mastercard and lacks additional perks, it’s more accessible in terms of income requirements.

This card is the even more stripped-down version of the PC World Mastercard. It still earns PC Optimum points at Shoppers Drug Mart and both Esso and Mobil gas stations, but it doesn’t offer more than the base rate at Loblaws-banner grocery stores.

Rewards: Earns 10 PC Optimum points per dollar at Loblaws-banner stores, 25 PC Optimum points per dollar at Shoppers Drug Mart, 30 PC Optimum points (minimum) per litre at Esso and Mobil gas stations, 10 PC Optimum points per dollar on everything else.

Welcome Offer: 20,000 PC Optimum points when you make your first purchase at a store that sells PC products or at an Esso or Mobil station

Other Benefits and Drawbacks: This Mastercard is a more accessible option for those who don’t meet the income requirements for other PC Financial credit cards. It has no annual fee and still earns PC Optimum points. That said, this card has little to offer aside from some earnings at Shoppers Drug Mart, Esso or Mobil gas stations and Loblaws-banner grocery stores. If you shop for groceries or get gas outside this network, which is still large and nationwide, you won’t find many other perks or benefits.

Types of PC Financial Credit Cards

PC Financial currently offers four credit cards, all of which are rewards cards that earn PC Optimum points. These include the PC Mastercard, PC World Mastercard, PC World Elite Mastercard and PC Insiders World Elite Mastercard.

Forbes Advisor currently has PC financial credit card reviews for the PC World Elite Mastercard and the PC Insiders World Elite Mastercard.

Different PC Financial Credit Cards offer different benefits. Some include:

• Earning PC Optimum points on every purchase
• Access to exclusive offers and promotions
• Zero liability protection against unauthorized transactions
• Travel insurance coverage
• Rental insurance coverage
• Purchase assurance
• Extended warranty

Welcome bonus

The PC Insiders World Elite Mastercard is the only PC Financial credit card to currently offer a welcome bonus. Currently, it offers a welcome bonus of 150,000 PC Optimum points when you spend $3,000 or more within the first four months.

What is PC Optimum?

PC Optimum is a loyalty program that allows members to earn points on purchases made at participating retailers, including Loblaw-owned grocery stores, Shoppers Drug Mart and Esso and Mobil gas stations. These points can be redeemed for purchases at participating stores.

PC Optimum points value

The value of PC Optimum points is equivalent to $0.01 per point. This means that 10,000 PC Optimum points are worth $10 when redeemed at participating retailers.

How to Redeem PC Optimum Points

You can use your PC Optimum points for purchases at participating retailers, whether you’re shopping in-store or online. To redeem your points, just show your PC Optimum card at checkout or provide your account details to apply your points toward your purchase.

PC Optimum Personalized Offers

By registering your PC Financial Mastercard on the PC Optimum website and using it at checkout in participating stores, the program customizes your offers based on the products you bought.

While specific fees may vary depending on the card you choose, common fees associated with PC Financial credit cards may include:

• Annual fees (depending on the card tier)
• Interest rates on outstanding balances
• Cash advance fees
• Foreign transaction fees
• Overlimit charges
• Wire transfer or money order fees
• Dishonoured payment fees
• Account inactivity fees

Eligibility Criteria

To apply for a PC Financial credit card, you must meet certain eligibility criteria, including:

• Being the age of majority in your province or territory of residence
• Meeting the minimum income requirements for the card you’re applying for
• Having a good credit score and credit history

Credit Score

Applicants with a good to excellent credit score are more likely to be approved for their credit cards.

You can apply for a PC Financial credit card online through their website or by visiting a participating store. The application process typically requires you to provide personal information, such as your name, address, income, and employment details.

PC Financial Credit Card Activation

When you receive your PC Financial credit card, you must activate it before you can begin using it. Activation is typically completed either online through the PC Financial website or by contacting the activation number provided with your card.

How do PC Optimum points work?

PC Optimum points are earned at Loblaws-owned stores like No Frills, Superstore, Shoppers Drug Mart as well as at Esso and Mobil gas stations. You can earn points with a free PC Optimum membership card or with specific credit cards (like those offered by PC Financial). These cards not only earn PC Optimum points at these stores, but also on your other purchases.

For every 10,000 PC Optimum points, you get $10 off purchases at affiliated retailers, excluding taxes and fees, meaning 10 points equal $0.01. PC Optimum points have no expiry date, but accounts may close after two years of inactivity.

There are some restrictions on earning and redeeming points, excluding certain purchases like tobacco, lottery tickets, gift cards, transit tickets and post office transactions. Regulations for pharmacy products vary by province, so check with your local pharmacy when it comes to assessing whether certain products are eligible to earn you points.

Do PC Financial Mastercards have an annual fee?

Currently, only the PC Insiders World Elite Mastercard has an annual fee, which is $120. The other PC credit cards, like the PC World Elite Mastercard , the PC World Mastercard and the PC Mastercard all have no annual fee.

What is the minimum income requirement for a PC Financial Mastercard?

The entry-level PC Mastercard has no specific income requirements. However, the other PC Financial credit cards have the following income requirements:

• PC World Mastercard: A personal income of $60,000 or a household income of $100,000.
• PC World Elite Mastercard: A personal income of $80,000 or a household income of $150,000.
• PC Insiders World Elite Mastercard: A personal income of $80,000 or a household income of $150,000.

Does a PC Financial credit card have travel insurance?

Some PC Financial credit cards may offer travel insurance coverage, including emergency medical and car rental insurance. Currently, only the PC Insiders World Elite Mastercard and the PC World Elite Mastercard offer travel insurance.

Is it easy to get a PC Financial credit card?

Whether or not you can easily get a PC Financial credit card depends on individual factors such as your credit score and income level. Meeting the eligibility criteria and having a good credit profile can increase your chances of approval.

Is a PC Financial credit card worth it?

The best PC Financial credit card is the one that rewards your existing habits. I f you frequently shop at Loblaw-banner stores, Shoppers Drug Mart or purchase gas at Esso or Mobil, these cards can earn serious benefits in the form of PC Optimum points. However, if you prefer to shop around for the best deal, there are other grocery credit cards and gas credit cards that can be more beneficial. That said, whether it’s worth it depends on both your spending and individual card features, so be sure to compare PC Financial credit cards before deciding which one to apply for.

Courtney Reilly-Larke is the deputy editor of Forbes Advisor Canada. Previously, she was the associate editor of personal finance at MoneySense. She was also managing editor of Best Health Magazine and has contributed to publications such as Cottage Life and Blog TO. She currently lives in Toronto.

• No annual fee
• Earn 45 PC Optimum Points per $1 dollar spent at Shoppers Drug Mart
• Earn 30 PC Optimum Points per $1 spent where PC Products are sold and at PC Travel
• Earn at least 30 PC Optimum Points per litre at Esso/Mobil locations
• Earn 10 PC Optimum Points per $1 spent on all other purchases

Welcome bonus and earn rate

What’s interesting about the PC Financial World Elite Mastercard is that it doesn’t typically have a welcome bonus when you apply online. However, if you’re applying in-store where there’s a PC Financial booth, they’ll usually give you 100,000 points when you sign up. That’s a value of $100.

As for the earning rate, you’ll get 45 points per $1 spent at Shoppers Drug Mart, 30 points at Loblaws-owned grocery stores (Loblaws, Superstore, No Frills, Fortinos etc.), Esso/Mobil Gas stations, PC Travel, and 10 points on all other purchases. That works out to a 4.5%, 3%, and 1% return in PC Optimum points respectively.

PC Financial World Elite Mastercard benefits

For a no fee card, the PC Financial World Elite Mastercard comes with a decent amount of benefits. Mind you, many of these benefits come with any World Elite Mastercard, but you get access to them by being a cardholder.

Travel emergency medical insurance

Those under the age of 65 get $1,000,000 in travel emergency medical insurance. This insurance applies the second you travel out of province and covers things such as ambulances, doctor charges, hospital stays, dental care, prescription drugs and more. The coverage lasts for the first 10 days of your trip. You do not need to charge your travel expenses to your PC Financial World Elite Mastercard for the insurance to apply.

Car rental collision/loss damage waiver insurance.

When you charge the full cost of your car rental to your PC Financial World Elite Mastercard, you get 31 days of car rental collision/loss damage waiver insurance. This covers you from damages if you’re in an accident, but you need to decline the rental agency’s insurance for your policy to be valid. note that this doesn’t cover you for any liability.

Airport lounge access

One little known benefit of this card is the included Airport Experiences provided by LoungeKey. This gives you access to more than 1,400 airport lounges worldwide. That said, this is just a membership you’re getting. You still need to pay for each individual visit, which is typically US $32.

Purchase assurance

Any purchases charged to your PC Financial World Elite Mastercard are automatically covered with purchase assurance. If anything happens to your goods, including loss, theft, or damage in the first 90 days, you can have them replaced/repaired at no charge.

Extended warranty

Your manufacturer’s warranty is doubled, up to one additional year, as long as you charge your purchase to your PC Financial World Elite Mastercard.

Concierge service

You can contact a Mastercard concierge 24/7 to help you with things such as booking restaurants, purchasing gifts, arranging translation services, and more. Admittedly, all of these things can be done on your own, but I suppose a concierge can be helpful if you’re in a foreign country where you don’t speak the language.

How to redeem your points

PC Optimum is one of the most popular loyalty programs in Canada. You can redeem 10,000 PC Optimum points for $10 in groceries or merchandise at Loblaws-owned grocery stores and Shoppers Drug Mart. In addition, you can use your points at Esso/Mobil gas stations for discounts on your gas purchases or for free car washes.

Occasionally, Shoppers Drug Mart has bonus redemption offers. For example, there was a promotion where you could claim 250,000 points for $400 in credit. That’s $150 more than the regular redemption, so it can be worthwhile to save your points. They’ve also had other offers, such as earning 20X the points or getting 25,000 points when you spend $75. Read my post on how to earn more PC Optimum points if you want to maximize your points.

PC Financial World Elite Mastercard eligibility

• You’re a Canadian citizen or permanent resident.
• You’re at least the age of majority in your province or territory
• You have a minimum annual personal gross income of $80,000 or a household income of $150,000.

Although PC Financial doesn’t state what credit score is required to be approved, they say a credit check will be performed at the time of application. Generally, you’ll want to have a credit score of at least 700 before applying.

How the PC Financial World Elite Mastercard compares

The PC Financial World Elite Mastercard is the best for earning PC Optimum points. That said, there are a few cards worth comparing since they offer better earning rates on groceries.

PC Financial World Elite Mastercard vs. American Express Cobalt Card

The American Express Cobalt Card has an earning rate of 5 American Express Membership Rewards points per $1 spent on eats and drinks (includes grocery stores), 3 points on streaming services, 2 points on travel and transit, and 1 point for all other purchases. The earning rate here is clearly higher than what the PC Financial World Elite offers. There’s just one problem: American Express isn’t typically accepted at Loblaws-owned grocery stores. While the Cobalt Card is one of the best cash back credit cards in Canada , it’s useless if your grocery store doesn’t accept it.

PC Financial World Elite Mastercard vs. Scotiabank Gold American Express

Another card with a high earning potential is the Scotiabank Gold American Express . With this card, you’ll get 6 Scene+ points per $1 spent at Empire-owned supermarkets (Sobeys, Foodland, IGA, FreshCo), 5 points at other grocery stores, dining, and entertainment, 3 points on gas, and transit, and 1 point on all other purchases. If you shop at an Empire-owned grocery store, this card is one of your best choices. It’s also worth mentioning that the Scotiabank Gold American Express has no foreign transaction fees.

PC Financial World Elite Mastercard vs. Rogers Mastercard

The Rogers Mastercard is a good comparison since it also has no annual fee, and it’s a Mastercard. If you have one qualifying service with Rogers, Fido or Shaw, you’ll earn 2% cash back on all your purchases. While that earning rate is lower than what the PC Financial World Elite Mastercard offers on Loblaws-owned stores, Shoppers Drug Mart, and Esso gas stations, the base earning rate could compensate for it. In addition, if you redeem your cash back earned for Rogers services, you get a 30% boost, so you’re actually getting a cash back rate of 2.6%. The other appealing aspect of the Rogers Mastercard is that it has no formal income requirement, so it’s easier to be approved for compared to the PC Financial card.

Final thoughts

My PC Financial World Elite Mastercard review is positive. This card is ideal for anyone in the following situations:

• You want to earn more PC Optimum points – No other credit card gives you a higher earning rate for PC Optimum points.
• You shop at Loblaws-owned stores – If you shop at Loblaws, No Frills, or Superstore, this is a card you want to earn points on every purchase. Otherwise, you’ll only earn points on in-store and targeted offers.
• You don’t want to pay an annual fee – This is one of the few World Elite Mastercards with no monthly or yearly fee.

PC Optimum is one of the best loyalty programs in Canada. With the PC Financial World Elite Mastercard, you’ll be able to earn PC Optimum points on every purchase. Plus, with no annual fee, getting this card and only using it where you get an enhanced earning rate could be worth it.

About Barry Choi

Barry Choi is a Toronto-based personal finance and travel expert who frequently makes media appearances. His blog Money We Have is one of Canada’s most trusted sources when it comes to money and travel. You can find him on Twitter: @barrychoi

92 Comments

Are you sure about the Priority Pass membership?

Yup, please see MasterCard’s website

https://www1.mastercard.com/content/mc/offer-exchange/world-elite/apmea/en/travel/airport/Airport_Lounge_Access.html

And their list of partner banks

https://www.mastercard.ca/en-ca/search-by-bank.html

Just enrolled, thanks for the tip !! Was unaware.

Another possible URL:.

Airports.mastercard.com

If I’m going out of country do I need to call PC World elite travel insurance before leaving on vacation?

You only need to call the insurance line if you’re making a claim. That said, if you plan on your PC Financial Mastercard when you’re abroad, you should call them in advance to let them know you’re travelling.

Where do you sign up for it then? I see no mention of this on the PC World Elite Mastercard page?

I believe PC Financial doesn’t mention it on their website since there’s a copyright issue with the name. However, if you go to the MasterCard site, you’ll see they’re listed as a partner.

To be honest, I don’t know how you get your actual membership with them. You may need to call MasterCard for that info.

so when I go to the PC world Elite Mastercard site, I find:

As a World Elite MasterCard cardholder, you receive

Complimentary Priority Pass membership One free lounge visit per cardholder per year

Simply present your Priority Pass membership card upon arrival at the lounge.

but when I go to the Priority pass site, it shows membership costs for Canada at $99 us.I assume that you need a priority pass card to get into the lounge?? How do you get the complementery one that is suposed to come with the credit card? What am I missing here?

With Priority Pass, you need a membership just to access the lounge. Depending on what membership you have, you’ll either get free visits or pay the one time fee of $27USD per visit.

So the One free lounge visit per cardholder per year = 1 time visit. After you’ve used that voucher or whatever it is, you pay $27USD per visit.

To be perfectly honest, it’s been difficult to get confirmation about how to get that actual one free pass. PCF is not responsible for that benefit so you need to call MasterCard. I’ve heard so many different things about the LoungeKey access with MasterCard that it’s impossible for me to give accurate information.

If I am approved… if I make a purchase at Shoppers drug mart will I need to just pay with the PC MasterCard to earn my full points or will I also need to show my PC Optimum card in addition? Is there any point in having a physical PC Optimum card if you are a PC MasterCard holder?

If you have a PCFWEMC or any Mastercard and have linked it to your PC Optimum account, then you don’t need a physical PC Optimum card. Your credit card will be fine.

I find that I do need to present twice, for points then payment, though if you have a smartphone one need not carry the loyalty nor the credit card. Personally I keep them in the Wallet app in my iPhone and use those to scan for the points & then verify the purchase (Which uses NFC to wirelessly talk to the swipe terminal.)

D. Cornelius,

Yes you do need to tap with your PC Mastercard first to get points and then again to pay. But you don’t physically need to have your PC Optimum card on you to earn points since your credit card will earn them.

Great review Barry! Merger definitely increased value with 45 total PC Optimum Points per $1 dollar spent at Shoppers Drug Mart and 30 total PC Optimum Points per $1 spent where PC Products are sold.

And, wow, a free annual standard membership ($79 US) to Priority Pass with one free visit AND no annual fee!

Yes, the PCFWEMC is a great card and offers tons of benefits with no fee which is why I love it.

Hi Barry, back to the Airport Lounge Access benefit …

I spoke with Mastercard Canada on the phone, and since I don’t have this card yet, the rep couldn’t check on the actual benefits without a CC#. She did mention that it depends on the financial institution whether the Lounge Access benefit is included, .

I checked this link and included an excerpt below: https://www.pcfinancial.ca/english/legal/pc-mastercard?list=3&scrollTo=abp-additional-exclusive

Benefits exclusive to PC Financial World Mastercard accounts Concierge Services are provided by Assurant Services Canada Inc. (ASCI). Details of what is included as part of this service is outlined in the Terms and Conditions sent with your card.

Additional benefits exclusive to PC Financial World Elite Mastercard accounts Car Rental Collision/Loss Damage Waiver Insurance is underwritten by American Bankers Insurance Company of Florida (ABIC), and Travel Emergency Medical Insurance is underwritten by American Bankers Life Assurance Company of Florida (ABLAC). Concierge Services and Identity Theft Services are provided by Assurant Services Canada Inc. (ASCI). Details of your insurance and service, including definitions, benefits, limitations, and exclusions, are outlined in the Certificate of Insurance sent with your card. Keep your Certificate of Insurance in a safe place with your other valuable documents, and take it with you when you travel. ABIC, ABLAC, ASCI and their subsidiaries and affiliates carry on business in Canada under the name Assurant®. ®Assurant is a registered trademark of Assurant, Inc.

Not sure if you have this card, or can confirm whether the Priority Pass membership + 1 free visit per year is definitely included with the PC World Elite Mastercard?

I have this card too but didn’t know that Priority Pass membership was free. I never got that info when I received my card. Did you get your membership from this card Barry?

Barry is wrong on this, period. I’ve had the card for 3 years, it does not entitle you to a priority pass membership.

Here’s the statement I received directly from PC Financial.

With the PC Financial World Elite Mastercard customers will earn 3X the regular PC Points when purchasing vacations, flights, hotels, cruises, car rentals and tours. Customers also receive exclusive travel offers at competitive rates and the Best Price Guarantee on all bookings (price matching within a 24 hr).

A new benefit introduced late last year is LoungeKey access:

If you are a PC Financial World and World Elite Cardholders you will be able to purchase lounge passes at over 800 Lounges Worldwide, including presence in all large airports in Canada and at the top Canada travel destinations at subsidized rates of $27 USD. Cardholders simply need to present their PC MasterCard World or World Elite card to the lounge staff, or register for the program by going to the “MasterCard Airport Experiences provided by LoungeKey” website. Benefits:

• Over 800 lounges, in over 400 airports worldwide (120+ countries), regardless of their airline, frequent flyer membership, or class of ticket. • Unique experiences and offers in dining, spa and retail outlets within the airport

so how do you get your one free visit if you have to pay $27 us per year?? Lots of confusion with this perk. Barry, perhaps you can investgate and clarify. – Thanks

Thank you for the info. This is was the clarification I was look for.

Paying $27 per visit is still better than paying $100 annual fee and $27 each visit with the priority pass.

Hi Barry… I’m a retiree and I have the HSBC Premier World Elite card. I shop often at shoppers and PC stores. In your opinion is it worth it for me to get the PC Elite card and split the loyalty points I’d get into two plans?

With the PCFWEMC you earn 4.5% back at Shoppers Drug Mart and 3% back where PC products are sold so you come out ahead compared to the HSBC Premier World Elite. The key is to take that money you save on groceries and to add it to your vacation fund.

Hi Barry…my wife and I love reading your financial and travel blogs. In your opinion what is the best credit card available now in Canada for maximizing returns to complement our HSBC card?

It really depends on where you shop and what categories you spend the most money on. e.g. where do you do all your grocery shopping? Do you spend a lot on gas? Do you eat out a lot?

We love to travel. When we’re home we shop usually at PC grocery stores or Walmart. We do love eating out.

So things could get complicated there.

If you shop at PC grocery stores – the PC Financial World Elite gives you 3% cash back which is quite high. At Wal Mart, you could keep using your CIBC card since it gives you 1.5%

If you eat out A LOT, then the Amex Cobalt card is good too since you get 5X the points. However, Cobalt points can’t be transferred to airlines. They can be used for fixed mileage rewards and transferred SPG at 2:1 so you still have some options.

Thanks Barry. Like your travel blogs you seem to write in a manner that is easy to read and understand.

Do you think getting an additional card for my spouse will allow my spouse to obtain free lounge access too?

If your spouse applies for the card on their own (as opposed to being a supplementary cardholder), then they would have lounge access. A reminder, that just the membership is free. You still need to pay for each visit.

Hi Barry, this is great! thank you for the post. if you use your PC WE MC for mainly gas, groceries and Shoppers, which would be a great cash back card for all the other stuff? thank you!!

Hi FernandoM,

It depends on where else you shop and what kind of benefits you like. The Tangerine money-back card since you can choose up to 3 categories that give you up 2% back.

Barry thank you for your reply! I use PC stores a lot so that would remain my main card (groceries, gas, etc.). for other stuff I can think of, monthly bills, random shopping, recreation…

I will definitely take a look into the Tangerine one. thank you!

I have the PC world elite Mc got it few weeks ago and I cannot see where are the 4.5X and 3X points. I can only see the base points which are 10X but how you know that you got the correct points? I called them several times but didn’t get a clear answer.

There’s honestly no clear place that shows you when you’re earning multipliers.

Your statement only shows you the total earned for the month.

Thank you for your answer. And yes, I know about the statement, but the statement shows only the base points.

With the comment above; do they send you a Priority Pass Membership card with it? or do we only get the LoungeKey Access membership free?

“As a World Elite MasterCard cardholder, you receive

Complimentary Priority Pass membership One free lounge visit per cardholder per year”

They don’t send you anything, but the one free visit is something offered by Mastercard as a World Elite cardholder. I honestly have no idea how to actually activate your membership and how to get that one free visit.

Thanks for the reply Barry. It’s still good to hear that you get LoungeKey Access membership for free which is nice a perk for a free NO FEE credit card.

yeah, it’s a pretty sweet perk once you figure out how to get it. No one at PCF customer service seems to know about it, but the Mastercard website lists PCF as a partner for LoungeKey access.

It’s been painful since the change was made. I am not getting 30 points/$1 with my PC World Elite Master Card instead only getting 20 points/$1 for purchases in PC stores. 0 points for purchases from non PC stores. However, no issue with purchases at Shoppers Drug Mart and I got the loyalty points showed up on my receipt, while PC stores did not show the points other than bonus points on the receipts. I had to submit the point adjustment requests for each and every receipts for PC stores and non PC stores. Sometime, I got the points adjusted for the non-PC stores, and another time I got reply telling me “In order to earn PC Optimum Points, you are required to go to PCOptimum.ca, sign-in into your account, load all offers on to your PC optimum account by viewing them, and swipe your card/device at the beginning of each transaction at participating stores. As a result of your card/device not being swiped for this transaction we are unable to make any adjustments to your account”. By the way transactions other than PC stores never showed up on my PCOptimum account. Telephone call to PC Mastercard regarding the issue was totally a waste of time and message send to PC Mastercard regarding the above issue is not getting replied nor resolution. This could be really a good card if PC Mastercard delivers their promises. I am kind of sick and tired of hearing the excuses about up to the stores including PC stores to give the loyalty points and how the heck do you tell non-PC stores to swipe your PC Mastercard before the transaction to get the loyalty points, so essentially consider sh** of luck getting any points from non-PC stores. Also, the email replies from sending the point adjustment request gave you a case# without reference to any information to the specific purchase nor the request detail. Hence it is a difficult task to match up with the receipts with the case# when I was requested to submit additional info. As always, buyer beware and don’t believe everything they tell you.

I have a MC President’s Choice Elite card. I find it impossible to decipher whether or not I am getting the appropriate amount of points on my purchases because of the way the Financial points are recorded. The detailed info for each posting should indicate which transaction it is for. ie purchase date and amount. I am concerned that I am not getting the correct amount of points. I guess I could do a points adjustment of every transactions but I do not want to have to do that. The computer system must have the info I am asking for. I use my MC for everything but I want to be assured that I am getting the correct amount of points. The points earned is why I have and use this card!

Hey Marion,

From what I understand, the bonus points only appear online via pcoptimum.ca. I agree it’s a bit sill that there’s no easier way to view your bonus points.

I do go online to pcoptimum,ca to view my earned points. I have been told by PC Financial that it takes 3-5 days for the Financial points earned to be posted. I can deal with that. But when the points are posted, I want to know which transaction the points are coming from. I have contact PC Financial with my concern but I am not satisfied with their response. Do you have an inside tract with PC Financial?

Unfortunately, I don’t know anyone who works there that would be able to assist.

Are there any caps on points earned in any of the categories? (At PC Stores, Shoppers, Anywhere else?) I ask this because on the ‘Points earned’ calculator in a recent email I received from PC, there is a cap of $2000 on spending in the ‘everywhere else’ category.

There’s should be no cap. I don’t know why they set a limit of $2,000 on the online calculator.

Thanks Barry, I didn’t think there was a cap.

Looks like PC optimum points is a scam. whenever there is an offer on Gas, I buy it. But i have to call customer care to get my points otherwise we don’t get any points. last week there was an offer 10,000 points on $40 purchase of gas. i still did not get points, i am still fighting for those. I will never ever go again to superstore and never use pc optimum. Whenever I called customer service they hangup the call. waste of time. I am planning to contact media and local news channels.

I registered for Lounge access with my PC Financial World Elite Card. I read that you can tell if your card receives a complimentary visit by going into the my account section. If you qualify for any complimentary passes the “complimentary” section will show. Mine does not…not surprised. So it looks like I have free access but will need to pay $27 US for each visit. I have a long stay in Miami for my next vacation the way the flights work out so I may use it.

Im trying to figure out what the best credit card combination for me would be. I’m retired so cash back is a great option. I was using my PC points to purchase gift cards until they removed that option last year. Now I have $400 worth in points I’m not sure how to redeem. I don’t shop at PC much. I shop at local organic grocery stores. I do shop at Shoppers sometimes, and ended up using some of it to buy sunscreen. I’d prefer to be able to get free items immediately like a gas card or even collect rewards for flights or vacations as being on a limited income makes though purchases tough. Any suggestions Barry?

Hi Michele,

With your remaining points you could shop at Loblaw’s or Superstore where they have organic produce and merchandise e.g. electronics and housewares for sale.

As for the best credit card, it depends on your spending habits and where you shop. The Amex Simply Cash preferred card and the Tangerine Money-Back card immediately come to mind as good choices

Hi, thanks for the share.

I received the Elite MasterCard this week and wondering if I have to make minimum amount of purchase with this card yearly to maintain my status.?

Please confirm, I can’t find this info anywhere, no one knows…

ONce you have the card, you keep it. There is no status with this card as it’s based on your minimum income, now how much you spend.

[…] the PC Financial Mastercards, you can increase your earn rate significantly. I personally have the PC Financial World Elite Mastercard and use it all the time. It honestly doesn’t take me long before I have enough points to make a […]

Avoid this card if you like to have online access to your account. I’ve had it for one month and still cant’ get access. Customer service has no answers. It’s an IT problem. They’re working on it. No time frame for resolution.

Can I use my pc elite mc in other countrie?

Yes, just make sure you let them know in advance of your travel dates.

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).

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.

I currently have the PC Mastercard and was just approved for the PC World Elite card. I currently get 7 cents/liter back on my gas purchases, but I read the World Elite is only 3 cents/liter? Just curious. We have large vehicles and drive a lot, so our points add up fast just from gas purchases alone.

I believe you’re referring to the 70 PC optimum points that are earned at gas stations located at Loblaw’s owned grocery stores? That remains the same with the PC Financial World Elite card. The 3 cents earned per litre is at Esso/Mobil locations.

You may want to double check with PCF, but I’m pretty sure that’s how it works.

Excellent article! good one

Thanks for this review. But I was wondering what other credit card we could combine with the PC World Elite MasterCard to maximize our points. We shop mainly at the Loblaws and affiliate stores, so the PC WEMC is a perfect card for us.

Currently we have the Scotia Gold AMEX(restaurants, travel), Scotia VISA Momentum Infinite(grocery, gas),RBC VISA Infinite Avion, Home Trust Visa(US purchase), Capital One(Costco).

We do eat out frequently and vacation to the US at least once a year. I need to cancel all these credit cards, want to only have the PC WEMC and another card or two.

Can you suggest which other cards I should combine and will cancel the rest?

Hi Cecilia,

THe Scotia Gold Amex is actually a great complimentary card to the PCFWEMC especially if you use it to eat out a lot and travel. Come August 1st, you’ll earn 5X the points on restaurants and the card will have no forex fees.

https://www.scotiabank.com/content/dam/scotiabank/canada/en/documents/personal-banking/AW007111_CJ54869_Gold_AMEX_ENG_WEB.pdf

If you want to drop the Scotiabank Amex card, the Scotiabank Passport Visa Infinite card doesn’t give you as many points for groceries and restaurants, but you get a Priority Pass membership and 6 free annual passes.

With either of the two above cards, you could cancel the Home Trust card and the RBC Avion card.

My wife keeps pushing me for the PC World Elite MC as she is working for PCF.

I currently have TD Visa Infinite cash back card that gives me 3% on Gas, Recurring Payments and Groceries (from grocery stores – no Walmart or No Frills (Visa not accepted)).

TD Visa Infinite cash back card has a better travel insurance, rental car coverage etc than PCWEMC – Correct me if i am wrong

Does it make sense for me to go for PCWEMC just for the 3x points in No Frills shopping? BTW i have PC Optimum card that gives my 10 points on ESSO gas purchases.

Also we travel at least once a year to India or US which travel card do you recommend for lounge access + perks – Scotiabank Passport Visa Infinite or CIBC Aventura Visa Infinite?

If you always pay your bills on time, it doesn’t hurt to get the PCFWEMC since you would earn 30 points per dollar spent.

As for your other question about lounge passes and Nexus. I personally think the Scotiabank Passport Visa Infinite card is the best all-in-one travel card. Your wife would be able to use the free annual passes as long as she’s travelling with you (assuming you’re the primary cardholder). She wouldn’t be able to use the passes if she was travelling on her own.

Nexus is only $50 for 5 years, so although CIBC offers a rebate, the 2 extra lounge passes you get from Scotiabank every year are worth more. As I’m sure you know, the Scotiabank card also has no forex fees.

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).

Thanks Barry. WiIl wait on PCFWEMC….

Scotia benefits are better and will go with it… Also will apply for a Supplementary card (wife) for free and add that to the Priority Pass account, not sure if they will let me register. Any thoughts?

The fine print on the Scotiabank Passport Visa Infinite card states that the Priority Pass membership is only valid for the primary cardholder so your wife would not qualify.

If she travels on her own quite a bit, it may be worth it for her to get her own card.

Thanks Barry 🙂

i only get 20 points for 1 dollar

You have the World card, not the World Elite.

i have the world elite.

The world elite card definitely earns you 30 points per $1 spent at Loblaws owned stores.

https://www.pcfinancial.ca/en/credit-cards/world-elite

thats what theY said.but i only get 20 for 1 dollar

You’d have to contact customer service again and tell them to look at your statement to varify that there’s an error and then have them fix it.

yes.i did.mastercard said it is points issue.points said its mastercard issue

my wife traveled to India last week. but unfortunately lost her luggage. she did not receive her luggage at New Delhi. Airlines are unable to track her luggage. My question is that as i paid her full ticket from PC choice world elite master card, will i be able to claim the baggage lost. please answer

Sorry to hear about your situation. Unfortunately, the PC Financial World Elite Mastercard does not come with any lost baggage insurance.

Hi, If I’m the primary card holder and I have a supplementary card issued in my Wife’s name, does the travel insurance cover her on a trip to the US. if that trip flight and hotel was charged in full on the supplemental card with her name on it if me as the primary card holder is not going on the trip with her? Thanks.

Your wife would not be insured with the card if you’re not travelling with her.

Thank Barry, I guess I’m going to Vegas as a 3rd wheel in a bachlorette party. Lol. By the way, what is the process if one needs to for example see a doctor or visit a hospital emergency room in the U.S.? Does the card member pay for all of the medical services 1st, keep the invoices, then file a claim afterwards or do you call and get pre-approval first? We are both Canadian born, I as the primary card holder and my spouse has the supplementary card. . And is it family coverage or just your spouse? And is there any deductible (i.e. card member pays first $100?). Thanks.

You’re supposed to contact your insurer before you seek medical attention or as soon as possible. Sometimes the doctor or hospital can bill the insurer directly, but sometimes you need to pay yourself and then make a claim. Generally speaking, your dependent children who are not students are also covered, again read the policy. Also note that the travel medical for this card only covers 10 days if you’re under the age of 65.

Thank Barry, can you post a link to the policy? Thanks.

https://www.pcfinancial.ca/docs/default-source/legal-stuff/pcf_worldelite_coi_en.pdf

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

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/

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!

Unfortunately, this card does not have any trip cancellation.

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!

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.

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.

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PC Financial World Elite Mastercard Travel Insurance -Coverage for Your Adventures

Are you planning to go on a vacation anytime soon? Do you have all the necessary travel insurance coverage? As a savvy traveler, choosing the right travel insurance is crucial to ensure you are protected in case of any unforeseen circumstances. That’s where PC Financial comes in with their range of travel insurance options. Whether it’s the PC Financial Mastercard travel insurance, PC World Elite Mastercard travel insurance, or PC Financial Trip Cancellation Insurance, they provide it all. In this blog post, we will explore the various travel insurance options provided by PC Financial and see how they can provide a worry-free travel experience.

Table of Contents

1. PC Financial Travel Insurance: Your Guide to Coverage

Are you planning a trip and considering purchasing travel insurance? Look no further than PC Financial Travel Insurance. With a variety of coverage options, including trip cancellation and emergency medical insurance , PC Financial has got you covered.

PC Financial Mastercard holders have access to even more comprehensive coverage options, such as travel cancellation and car rental insurance. The PC Mastercard World Elite and Elite Mastercard extend this coverage even further, with additional benefits like flight and baggage delay insurance.

Don’t let unexpected events ruin your vacation. With PC Financial Travel Insurance, you’ll have peace of mind knowing that you’re protected in case of illness, injury, or unforeseen circumstances. The coverage is available 24/7 and covers trips up to 31 days in length.

PC Financial Travel Insurance offers a transparent and easy-to-understand policy. Simply select the coverage that best suits your needs and budget, and rest assured knowing that you’re protected. The claims process is straightforward and efficient, with a team of professionals available to guide you through the process.

Traveling can be a rewarding and enriching experience, but it comes with its fair share of risks. Don’t leave your safety or the success of your trip to chance. Invest in PC Financial Travel Insurance and travel with confidence. With competitive rates and extensive coverage, you’ll be able to focus on creating unforgettable memories, rather than worrying about what might go wrong.

2. PC Mastercard World Elite Travel Insurance: Benefits and Features

PC Mastercard World Elite Travel Insurance is a popular travel insurance policy that offers excellent benefits and features to its users. This policy provides coverage to its cardholders for a variety of travel-related expenses, including trip cancellations, interruptions, and delays, medical emergencies, and rental car damage, among others.

One of the most significant benefits of this travel insurance policy is its trip cancellation coverage. PC Mastercard World Elite Travel Insurance offers coverage of up to $2,500 per insured person and $10,000 per trip for any trip cancellations or interruptions due to covered reasons, such as sickness, injury, or death. This policy also provides up to $500 coverage per insured person for trip interruption and delay expenses, such as hotel accommodations and meals.

Another important feature of this travel insurance policy is its emergency medical coverage. PC Mastercard World Elite Travel Insurance offers up to $1,000,000 coverage per insured person for medical expenses incurred due to a medical emergency during the trip. This coverage includes emergency hospitalization, surgery, ambulance transportation, and necessary medical treatments.

In addition to trip cancellation and medical coverage, PC Mastercard World Elite Travel Insurance also provides car rental damage coverage. This policy offers up to $50,000 coverage per incident for damages to rental cars due to theft or collision. This coverage applies to rental cars rented with the PC Mastercard World Elite Credit Card.

Overall, PC Mastercard World Elite Travel Insurance is an excellent travel insurance policy that offers comprehensive coverage to its users. With its trip cancellation, medical emergency, and car rental damage coverage, this policy provides great peace of mind to those traveling domestically or internationally. Moreover, with its added benefits such as travel assistance and concierge services, PC Mastercard World Elite Travel Insurance provides significant value for its users.

3. PC Financial World Elite Mastercard Travel Insurance: What You Need to Know

The PC Financial World Elite Mastercard is a popular choice among travelers who want to benefit from the card’s travel insurance perks. It is essential to understand the coverage provided by the PC Financial World Elite Mastercard to ensure it meets your needs. The card provides coverage for emergency medical expenses, trip cancellation/interruption, flight delay, baggage loss/delay, rental car collision/loss damage, and hotel/motel burglary. However, it is imperative to note that the coverage is subject to certain limitations, terms, and conditions. Therefore, it is crucial to read the policy document to know what is covered and excluded before purchasing the card.

For travelers who are concerned about medical emergencies when traveling outside their home country, the PC Financial World Elite Mastercard provides a maximum coverage of $1 million for emergency medical expenses. This coverage applies to individuals aged 64 and under for up to 10 consecutive days of travel outside their home province/state/country. It is important to note that if you have a pre-existing medical condition, you should check if it’s covered, and if so, the coverage’s terms and conditions, as there may be exemptions or limitations.

The PC Financial World Elite Mastercard’s coverage for trip cancellation/interruption is up to $2,500 per person insured. This coverage applies to up to four persons per eligible trip and is subject to certain limitations and conditions. The coverage includes trip cancellation/interruption due to unforeseen events, such as sudden illness, injury, or death of the cardholder, their traveling companion, or an immediate family member. It also covers a missed connection and trip delay due to a common carrier’s delay of 6 hours or more for the cardholder and their traveling companion. However, this coverage does not apply to trips canceled due to a pre-existing medical condition or travel to a country with a government-issued travel advisory.

In conclusion, the PC Financial World Elite Mastercard provides valuable travel insurance coverage that can be useful for frequent travelers. However, it is essential to know the policy’s terms, conditions, and limitations to ensure it meets your needs. It is also important to note that the card’s coverage does not replace comprehensive travel insurance, and travelers should consider purchasing travel insurance from a reputable provider to obtain comprehensive coverage that meets their specific needs.

4. PC Elite Mastercard Travel Insurance: Comprehensive Coverage for Your Trips

The PC Elite Mastercard Travel Insurance offers an all-encompassing coverage for travelers who seek comprehensive protection during their trips. From emergency medical expenses to trip cancellation and baggage loss, this travel insurance has got you covered. The policy includes up to $5 million in emergency medical coverage, which ensures that you’re protected against unexpected medical expenses, including hospitalization, surgery, and transportation to medical facilities.

Additionally, the PC Elite Mastercard Travel Insurance provides trip cancellation coverage of up to $2,500 per insured person, per trip. This coverage protects you in case you need to cancel or interrupt your trip due to unforeseen circumstances such as illness, injury, or death of a family member. Moreover, in the event of a delayed trip departure, the policy offers trip interruption coverage of up to $2,500 per insured person, per trip.

For travelers who rent cars during their trips, the PC Elite Mastercard Travel Insurance provides car rental insurance coverage of up to $80,000 for loss or damage of a rental vehicle. The policy also offers coverage for unexpected events such as flight cancellations, missed connections, and baggage loss. These benefits provide peace of mind to travelers, knowing that they are covered in case of any unforeseen circumstances that might affect their trip.

The PC Elite Mastercard Travel Insurance also includes a 24/7 travel assistance hotline, which provides access to emergency travel and medical assistance services worldwide. These services include medical referrals, emergency transportation arrangements, and legal referrals, among others. The policy ensures that travelers can travel with confidence, knowing that they have access to help and advice whenever they need it.

Overall, the PC Elite Mastercard Travel Insurance is a comprehensive travel insurance policy that provides extensive coverage and benefits to travelers. With its emergency medical coverage, trip cancellation/interruption coverage, car rental insurance, and travel assistance services, this policy is an excellent choice for travelers seeking peace of mind during their trips.

5. PC Financial Trip Cancellation Insurance: Get Peace of Mind when Travel Plans Change

PC Financial offers trip cancellation insurance that provides a sense of security and peace of mind to travelers. Life is unpredictable and sometimes, unforeseen circumstances can arise, leading you to cancel your travel plans. In such cases, PC Financial’s trip cancellation coverage comes in handy. It reimburses you for the non-refundable portion of your travel expenses, such as your flights, hotel bookings, and tours. This insurance coverage offers protection in case you or your immediate family member gets sick, injured, or dies. Additionally, it reimburses if you are unexpectedly called to appear in court or serve on a jury, or your employer cancels your pre-approved vacation time.

The PC Financial’s trip cancellation insurance is not limited to only one type of travel, it covers both domestic and international trips. This makes it an ideal option for travelers seeking coverage for their entire vacation itinerary. The coverage offers a range of benefits, from flight cancellations to tour bookings, enabling flexibility when it comes to trip planning. However, it is essential to note that the coverage is limited to specific circumstances, so it’s important to read the terms and conditions carefully before purchasing it.

One of the benefits of the trip cancellation insurance offered by PC Financial is that the coverage amount is determined based on the non-refundable portion of your travel expenses. This means that the coverage only applies to the expenses that you cannot get refunded from your travel supplier. It’s important to keep all receipts and proof of purchase in case you need to submit a claim for reimbursement.

Another vital aspect of the PC Financial’s trip cancellation insurance is that it offers a reliable and straightforward claims process. If you need to make a claim, you can do so online or by calling the assistance center on 1-866-324-8222. You will need to submit all relevant documents and receipts, and the process may take some time. However, PC Financial is committed to processing claims efficiently and making the process as stress-free as possible.

In conclusion, PC Financial’s trip cancellation insurance is an essential part of any travel plan. It provides coverage for a range of circumstances and offers a reliable way to protect your investment. Before purchasing the insurance, it’s important to read the terms and conditions carefully and understand what is covered and what is not. With this insurance coverage, travelers can enjoy their vacations with a sense of security and peace of mind, knowing that they are protected if unforeseen circumstances arise.

6. PC Mastercard Elite Travel Insurance: Protect Your Trip with Exclusive Benefits

PC Mastercard Elite Travel Insurance offers a wide range of benefits that allow travelers to enjoy peace of mind during their trip. The insurance provides comprehensive coverage for medical emergencies, trip cancellations or interruptions, lost or stolen baggage, and rental vehicles. It is an ideal solution for frequent travelers who want to enjoy exclusive benefits and protection when traveling.

One of the significant benefits of PC Mastercard Elite Travel Insurance is its medical emergency coverage. The insurance covers medical expenses, emergency medical evacuations, and repatriation of remains. It also covers the cost of medical transportation and accommodations for a family member or friend to visit the insured person in the hospital. This feature provides travelers with coverage in case of unforeseen medical emergencies that may occur during their trip.

Another notable benefit of PC Mastercard Elite Travel Insurance is its trip cancellation and interruption coverage. This feature covers the cost of non-refundable expenses, such as flight tickets, accommodations, and tours, in the event of cancellation or interruption due to unforeseen circumstances. The insurance also provides coverage for missed connections, a change of itinerary, and other travel-related concerns.

Moreover, PC Mastercard Elite Travel Insurance’s coverage for lost or stolen baggage provides travelers with invaluable protection. The insurance covers the cost of lost or stolen baggage, personal effects, and travel documents. It also provides coverage for baggage delays and emergency replacement items such as clothing or toiletries.

The coverage for rental vehicles provided by PC Mastercard Elite Travel Insurance is also exceptional. The insurance covers physical damage, theft, and loss of use of rental vehicles. It also provides coverage for personal liability for third-party bodily injury or property damage caused by the insured person while operating the rental vehicle.

PC Mastercard Elite Travel Insurance offers comprehensive coverage and exclusive benefits for frequent travelers. With its extensive protection, travelers can travel with peace of mind and confidence, knowing that they are covered in case of unforeseen circumstances.

7. PC Mastercard Car Rental Insurance: Save Money and Stay Protected

PC Mastercard Car Rental Insurance: Save Money and Stay Protected

PC Mastercard Car Rental Insurance is a valuable perk for frequent travelers. This insurance provides coverage for damage to rental cars, theft, and personal liability while renting a car. It lets you enjoy peace of mind during your trip without worrying about additional costs. Having this insurance can also help you save money as it negates the need to purchase expensive insurance from the car rental company.

The insurance coverage is automatic, once you use your PC Mastercard to pay for the rental. You don’t have to take any extra steps to enroll or register for any additional coverage. It is important to note that PC Mastercard Car Rental Insurance coverage only applies to vehicles rented with a valid PC Mastercard and used for personal purposes. Business rentals are not covered under this plan.

With PC Mastercard Car Rental Insurance, you can confidently navigate through the winding roads of a foreign country without anxiety. Should you experience any car trouble, the plan covers the cost of damages up to a certain amount. You also won’t have to worry about scrambling to find an alternative mode of transport in case of unanticipated damages.

Personal liability is also covered under the PC Mastercard Car Rental Insurance plan. This is particularly important if you are traveling to a foreign country where language barriers or unfamiliar laws could lead to confusion and mishaps. The plan alleviates the need to shell out for additional third-party insurance and ensures that you can travel at ease.

Overall, PC Mastercard Car Rental Insurance is an excellent way to save money and stay protected on your travels. It offers a worry-free layer of security to enhance the enjoyment of your trip. With this plan, you can hit the open road, explore the world and make unforgettable memories.

8. PC Mastercard Travel Benefits: Enjoy Discounts and Perks on Your Trips

PC Mastercard holders are in for a treat with the travel benefits that come with their card. Apart from the enticing rewards points program, the PC Mastercard also offers an array of discounts and perks that can significantly enhance their travel experiences. With this card, travelers can save money on important travel expenses, such as flights, hotels, car rentals, and attractions.

One of the most valuable travel benefits of the PC Mastercard is the automatic travel insurance that comes with it. This insurance includes coverage for emergency medical expenses, trip interruption or cancellation, and flight delay or baggage loss. Such coverage can save travelers a huge amount of money in unforeseen circumstances. For added convenience, cardholders can easily access their travel insurance details and file claims online.

Another perk that PC Mastercard holders can enjoy is the car rental insurance coverage. This coverage can protect them from liability in case of damage to the rental car or theft. Additionally, the card offers discounts on car rentals at participating rental agencies. This benefit can be especially helpful for budget-conscious travelers who want to save money on their travels.

The PC Mastercard also offers discounts on select vacation packages and hotel bookings through PC Travel. Cardholders can save up to 25% on their bookings and earn PC Optimum points on top of that. Furthermore, the card provides access to exclusive travel offers and experiences through PC Insiders.

Overall, the PC Mastercard travel benefits are a great value for frequent travelers who want to save money and enhance their travel experiences. With discounts, insurance coverage, and access to exclusive offers, this card is a must-have for anyone who values travel.

9. President’s Choice Mastercard Travel Insurance: Quality Protection for Your Travels

President’s Choice Mastercard Travel Insurance provides quality protection for travelers. This insurance covers a range of situations that can occur during travel, including trip cancellation, flight delays, and lost or stolen baggage. It also offers emergency medical coverage and rental car coverage.

With this insurance, travelers can have peace of mind knowing they are protected in case of unforeseen events. The coverage is comprehensive and includes many benefits that can save travelers money and hassle. For example, if a traveler’s trip is cancelled due to unforeseen circumstances, the insurance will cover the costs associated with the cancellation.

This insurance also offers coverage for emergency medical situations. This is especially important for travelers who may get sick or injured while abroad. The insurance covers the costs associated with medical treatment, including hospital stays and emergency evacuation if necessary.

In addition, President’s Choice Mastercard Travel Insurance provides rental car coverage. This coverage can save travelers money by protecting them from unexpected expenses associated with rental cars. If the rental car is damaged or stolen, the insurance will cover the costs associated with repairing or replacing it.

Overall, President’s Choice Mastercard Travel Insurance is a high-quality insurance option for travelers. It offers comprehensive coverage for a range of situations that can occur while traveling. The benefits of this insurance can provide peace of mind and protect travelers’ finances in case of unforeseen events.

10. PC Financial Mastercard Trip Cancellation Insurance: Coverage and Benefits Explained

PC Financial Mastercard offers a variety of travel insurance options, including trip cancellation insurance. This coverage provides protection for unexpected events, such as illness, injury, or death, which may force a traveler to cancel or interrupt their trip. The insurance also includes coverage for missed connections and trip delay, ensuring that travelers don’t lose their money if their travel plans are interrupted. The policy covers the cost of prepaid travel expenses, such as airfare, hotel reservations, and tour packages, up to the maximum limit specified in the plan.

PC Financial Mastercard’s trip cancellation insurance is a great option for travelers who want added peace of mind when planning their trip. The coverage provided by the policy can help to protect travelers from financial loss if they need to cancel or interrupt their trip due to unforeseen circumstances. It can also provide reimbursement for additional expenses, such as last-minute hotel accommodations and meals, incurred due to trip interruption.

Unlike other travel insurance providers, PC Financial Mastercard does not require travelers to purchase coverage within a certain timeframe, so travelers can book their trip whenever they want without worrying about insurance eligibility. The insurance coverage is automatically included with the PC Financial Mastercard, making it a convenient and hassle-free option for travelers. Prior to booking their trip, travelers should review the policy and its limitations to ensure it meets their specific needs.

In summary, PC Financial Mastercard’s trip cancellation insurance is a valuable addition to any traveler’s itinerary. It provides comprehensive protection against unexpected events that may force a traveler to cancel or interrupt their trip, ensuring that they don’t lose their prepaid travel expenses. The coverage is automatically included with the PC Financial Mastercard, making it a convenient and hassle-free option for travelers. It’s important to review the policy and its limitations prior to booking a trip to ensure it meets individual needs.

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PC Travel Insurance Review

In Canada, President’s Choice was first known for low cost food and housewares sold under Loblaws companies including Superstore, Extra Foods, No Frills and others. Soon, the company branched out into banking as PC Financial and into selling insurance as PC Insurance.

IMPORTANT 2017 update!

PC® insurance is no longer offering travel insurance.

Click here to learn more now for other travel insurance plans on RATESDOTCA, a website that lets you compare travel insurance quotes for several different companies at once.

If you currently have a PC travel insurance policy, their website ( as of May 2017 ) says that you can still extend your policy or make a claim.

If you bought a PC Financial Travel Insurance To Go product, and you haven’t used it yet, you have up to 12 months from the date of purchase to begin your trip.

Go to PC Travel Insurance to get more information on starting aPC Financial Travel Insurance To Go that you’ve already purchased, or for information on other current PC Financial policies.

If you want to return an un-activated policy PC Financial Travel Insurance To Go product, call 1-866-283-9230 to arrange a refund. You can’t get a refund in store.

While PC financial no longer offers travel insurance, we’ve kept the information on the products they used to have below, just for reference purposes.

PC Travel Insurance offers four single trip travel insurance policies:  the Single Trip Medical plan, the Single Trip Comprehensive plan, the Trip Cancellation and Baggage plan, and the PC Financial Travel Insurance To Go plan.

Note: Policy details may be slightly different for residents of Quebec or New Brunswick, or for policies that include Cuba.

• You don’t need to be a PC Financial customer to get PC Insurance
• Convenient, easy online quotes and purchase
• Emergency medical insurance is available up to age 84
• Some of the highest limits for emergency medical coverage in Canada (unlimited for those under 60, and $10 million for those age 60 or over)
• You can earn PC points if you get your PC® travel insurance or PC Financial® Travel Insurance To Go policy with a PC Financial® MasterCard®

Disadvantages

• Comprehensive coverage and trip cancellation aren’t available if you’re over age 74, though you can get single trip emergency medical coverage up to age 84
• You’ll need to fill out a medical questionnaire if you’re over 60
• The Single Trip Comprehensive plan to Cuba does not include trip cancellation coverage for children under age 12
• Does not provide coverage for pre-existing conditions
• Policy wording is especially difficult to read

Single Trip Comprehensive Plan

PC Insurance offers a single trip comprehensive plan, which offers:

• Unlimited emergency medical coverage if you’re under age 60, and $10 million if you’re age 60 or over
• Trip cancellation, interruption and delay to a maximum of $12,000, or incurred expenses, whichever is less
• Baggage and personal effects coverage up to $2,000 total for all insured people
• Flight accident and travel accident insurance
• You must by 74 years of age or younger
• There’s a 183 day trip maximum if you’re 59 or under, and a 30 day maximum for those 60 to 74
• Emergency air transportation back to Canada if recommend by your physician
• Optional car rental collision, golf, skiing, business or special events coverage is available for an extra charge

Single Trip Medical Plan

PC Financial’s single trip medical plan only offers emergency medical insurance. This plan does not include trip cancellation, interruption, baggage and flight accident insurance. The single trip medical plan offers:

• Unlimited emergency medical coverage for those under 60, and $10 million for those age 60 or over
• You must be 84 years of age or younger
• There’s a 365 day trip maximum if you’re 59 or younger, a 183 day maximum if you’re aged 60 to 74 (212 days in Ontario and Newfoundland), and a 183 day maximum if you’re 75 to 84

Trip Cancellation & Baggage Plan

PC Financial offers a simple trip cancellation and baggage plan, which offers:

• Trip cancellation, interruption and trip delay ($12,000 total or the amount insured, whichever is less)
• Baggage and personal effects coverage ($2,000 for all insured personal total)
• Baggage delay ($400)
• Accidental death and dismemberment
• Optional rental car protection for an additional charge

PC Financial Travel Insurance To Go

You can get PC Financial Travel Insurance To Go at select stores where President’s Choice products are sold, including  Real Canadian Superstore, YIG and No Frills.

The PC Financial Travel Insurance To Go policies only over $1 million in emergency medical coverage, and no trip cancellation, interruption or baggage insurance. However, a medical heath insurance questionnaire is not required. The maximum age is 74 years, and the maximum trip length, if you’re under 60 years of age, is 4,8, or 15 days. If you’re between 60 and 74 years old, you can get coverage for up to 8 days.

Important: You get PC Financial Travel Insurance To Go in store, but you must activate by phone or online. You do not have coverage until you activate your policy!

Comparing PC Financial Travel Insurance Plans

Refunds terms are fairly inflexible. From the single trip comprehensive policy: “ Refunds are available if Your Trip is cancelled by the supplier prior to departure or if Your supplier ends the Trip earlier and You have a minimum three (3) unused days of coverage and You are given a full refund of the cost of Your pre-paid travel arrangements. ”

You can’t get a refund if a claim has been filed or completed.

There are no refunds available for the PC Financial Travel Insurance To Go policies.

You Need to Know

• PC Financial’s travel medical insurance is administered by Travel Guard Group Canada Inc.
• You must get the PC Financial policy for the entire duration of your trip
• You must be a Canadian resident, and have a Canadian government health insurance plan
• You must get insurance before you leave on your trip.
• Policies and coverage can change at any time, without warning. This article is only intended as general advice. Please check your own policy carefully.

How to Learn More

PC® insurance is no longer offering travel insurance, so you can’t get their insurance in store or online.

Still looking for travel insurance?

Comparison websites, like  RATESDOTCA , let you compare quotes for travel insurance from several different companies at once. Type in a few details about your trip, and compare policy coverage and prices to help narrow down your choice.

Click here to learn more on the RATESDOTCA website.

Check out our review.

Still looking? Check out our reviews of  travel insurance for Canadian seniors , World Nomads , and Blue Cross travel insurance , and our helpful post on where to get travel insurance online .

Click here to see a list of all of our Canadian travel insurance reviews.

The information and content of this site is intended for general informational and entertainment purposes only. It is not intended as insurance, legal, financial, tax or any other professional advice or services. Insurance policy wordings are subject to change at any time, without prior notice. We are not responsible for errors or consequences from your use of this information. Read policy details to ensure that a policy is right for you.

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Compare  PC Financial  car and auto insurance quotes with other top insurance companies. Find the best price.

On average, Canadians save hundreds of dollars per year by comparing quotes with us.

Get quotes from 50+ Canadian providers in 3 minutes.

Learn more about PC Insurance.

President’s Choice Financial — usually shortened to PC Financial — is the financial services brand owned by Canadian supermarket retail company Loblaw Companies Limited. Founded in 1996, PC Financial is headquartered in Toronto, Ont., and currently offers two financial products to Canadians: credit cards and insurance.

The insurance products offered by PC Financial include auto insurance, home insurance, pet insurance, and travel insurance. Auto and home insurance are available in Ontario, Alberta, Nova Scotia, New Brunswick, Prince Edward Island, and Newfoundland. Pet insurance is available in all Canadian provinces. Travel insurance is available in all Canadian provinces except Quebec.

As a widely recognized and competitively priced consumer brand, President’s Choice has earned the trust of value-seeking Canadians across the country. The financial products offered under the PC Financial brand build upon the company’s reputation of quality and value pricing, making PC Financial a top choice for many savvy consumers.

What other insurance products does PC Insurance offer?

PC Insurance is an insurance broker allowing you to compare and sign up for policies from up to nine different insurance partners, depending on the province. Along with auto and motorcycle insurance, PC can connect individuals with home and tenant coverage. If you pay your premiums with a PC Financial Mastercard, you can earn double PC Optimum rewards points for discounts at participating retailers.

Home insurance: Standard coverage includes your home and other structures on the property, your personal belongings, liability and living expenses in case a covered event such as a fire makes your home unusable. You can also opt for additional coverage for home sharing rentals through sites like Airbnb, certain kinds of water damage, sewer backups, earthquakes and identity theft.

Tenant insurance: Insurance policies to cover renters, whether your home is a house, apartment or condo. While your landlord’s insurance covers the building, tenant coverage fills in the gaps to protect you. That typically includes personal items in your unit and car and personal liability in case someone is hurt during a visit. Tenant insurance policies also cover fire and some types of water damage, and pay for living expenses if you have to move because a major maintenance issue or disaster makes the unit unlivable.

The PC Insurance advantage.

Canada’s own PC Financial car insurance is underwritten by a number of carefully vetted Canadian insurers and is arranged for PC Financial Insurance Broker Inc. As mentioned above, PC auto insurance is available to drivers in Ontario, Alberta, Nova Scotia, New Brunswick, Prince Edward Island, and Newfoundland.

In order to find you the best auto insurance for your unique driving situation, PC Financial compares nine insurance companies for you. Furthermore, to help customers make an informed decision, PC Financial offers a comprehensive and easy to follow resource centre, covering everything from savings tips, safety checklists, and a breakdown of how auto insurance premiums are calculated.

In addition to educational support, PC Financial Insurance offers a number of industry standard auto insurance discounts, along with some unique offers. Here’s a list of what to keep in mind when it comes to PC Financial auto insurance:

• Clean driving record. An effective way to lower your auto insurance premium is to build a driving record that’s free of convictions or accidents.
• Bundling home and auto. If you combine your auto insurance and your home insurance with the same insurance company, you can save up to 15% on both policies with PC Financial.
• Winter tire discount. Auto insurance companies in Ontario are legally required to provide drivers with a discount (usually around 5%) if they buy and install winter tires on their vehicle during the colder months.
• Updated driving record. If you have a ticket on your driving record from a few years ago, and you’ve since graduated to a new license level (and have had no incidents since), you should update your driving record. It could result in a discount to your auto insurance premium.
• Anti-theft features. New anti-theft technology — such as engine immobilizers — can deter burglars from stealing your vehicle. Keep records of all such devices that you purchase and install; your insurance company might recognize their value and lower your rates as a result.
• Multi-vehicle. You may qualify for a multi-vehicle discount if you have more than one vehicle insured through the same company. Discounts are usually in the 5% to 15% range.
• Driver training. Most auto insurance providers offer a premium discount for new drivers who have successfully completed a formal driver-training course.
• Good student discounts. Some insurers will provide a discount for full-time students (usually in the 10% range) who provide official transcripts proving a high average (typically 80% or higher is required).
• Private parking discount. Some Ontario insurers offer a discount if you park your vehicle in a private space, such as a driveway or garage.
• Accident forgiveness. This auto insurance policy feature protects your driving record and your premium in the event of an ‘at-fault’ accident. 

The best way to find out what rates you’ll pay in car insurance is to compare the market online. Compare PC Financial car insurance quotes online alongside 50+ other Canadian insurance providers on LowestRates.ca to make sure you’re securing the best rate.

Special programs

PC Optimum points - If you pay your PC Financial auto insurance premium with your PC Financial Mastercard®, you earn 2x the regular PC Optimum points. These points are redeemable toward a number of products, including home furnishings, clothing, food, and more. Here’s how it works: every dollar paid with your PC Financial Mastercard® earns you 20 PC Optimum points, and because you can use your PC Financial Mastercard® to pay your auto insurance premium on a monthly basis, the points add up quickly. Once you’ve hit 10,000 PC Optimum points, you can redeem them for $10 at nearly 2,500 stores across Canada.

Waiving the service charge - If you pay your PC auto insurance premium annually — instead of monthly — PC Financial will waive the 3% service charge.

Customer feedback - Your PC Insurance Claims Professional will book a follow-up date, so you know when to expect to hear back regarding your claim. They will also request feedback about how your claim was handled, and what PC Financial can do to improve the process.

Is there an app?

No, PC Financial does not have an app for its insurance business. The company only offers digital services for customers who use the PC Financial Mastercard. Cardholders have access to online banking services once they login to the PC Financial mobile app.

How to submit a claim with PC Insurance

If your vehicle is stolen or damaged and you need to make a car insurance claim with PC Financial, there are three steps to follow:  

Use the PC Financial phone number listed below to make a car insurance claim:

After calling that number, a PC Financial Insurance claims advisor will ask you for the following information: name, phone number, residential address, date of the incident, policy number and police report number.

Your advisor will review your immediate needs (arranging alternative transportation, replacing or repairing the property, finding an appraisal centre, etc.), then put you in contact with a PC Financial Insurance Claims Professional to complete the claims process.

After they’ve completed this review, a PC Financial Insurance Claims Professional will provide you information about your coverage, recommended vendors, vehicle damage and repair status, rental details, liability, deductible and claim payments. 

Join the millions of Canadians saving money on auto insurance

The first rule of saving money is to shop around for the best price. Make sure you’re not overpaying for car insurance by comparing insurance providers before you settle on one. LowestRates.ca makes comparing multiple auto insurance companies a snap. We don’t sell insurance — we’re completely independent — but we can show you which insurer is offering the lowest price. Just enter your postal code and in 3 minutes we’ll show you rates from 50+ Canadian insurance providers. Best of all? It’s free.

How comparing auto insurance quotes works. Hint: it’s free!

First, we need to know about you and your vehicle. It only takes 3 minutes, and it’s 100% confidential.

Next, we’ll show you quotes from 50+ Canadian providers. It’s free, with no commitment.

When you find the best quote, secure your rate by talking to a licensed broker or agent.

20,370 Canadians

have compared rates and saved money over the last 24 hours

What people say after comparing rates on LowestRates.ca:

*LowestRates.ca is not an insurance brokerage.

See how our customers with collision coverage save big on auto insurance.

Auto insurance quotes are compared from CAA, Coachman Insurance Company, Economical Insurance, Gore Mutual, Onlia Insurance, Pafco, Pembridge, SGI, Travelers, Zenith Insurance Company

Jessica Vomiero

About the Author

Jessica is the former Associate Editor for LowestRates.ca. Before joining the team, Jessica worked as a National Online Journalist with Globalnews.ca and previously spearheaded the launch of the Business Section at one of Canada's largest technology websites, MobileSyrup.

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10 AARP benefits all seniors should know

By Angelica Leicht

Edited By Matt Richardson

June 21, 2024 / 12:20 PM EDT / CBS News

As we transition into retirement and our senior years, our needs and priorities will typically experience a significant shift — as will the challenges we face, from healthcare concerns to financial planning, social engagement and maintaining independence. That's why, during this phase of life, it's crucial to find the right resources and support systems to help navigate these new circumstances.

Recognizing the unique needs of older adults, numerous organizations have emerged to cater specifically to seniors. These groups offer various services, from advocacy and education to discounts and social opportunities. Among these organizations, though, one name stands out: AARP.

AARP is a nonprofit, nonpartisan organization dedicated to empowering Americans 50 and older to choose how they live as they age. But while AARP's name recognition is widespread, many seniors — and even some long-time members — may not be fully aware of the extensive range of benefits and services the organization offers. So, if you're a senior who's been wondering what AARP can offer you, it helps to know some key membership benefits.

Find out how an AARP membership could benefit you here .

There are a few different benefits that seniors can access by joining AARP, including:

Insurance options

Having access to affordable insurance options becomes crucial during your senior years. And, that's one area where AARP shines. AARP offers a variety of insurance options tailored to seniors' needs, including supplemental health insurance, dental and vision coverage, life insurance , long-term care insurance and auto insurance . These insurance options are geared toward providing coverage for conditions that become more common with age, helping seniors maintain comprehensive protection without excessive financial burden.

Explore the many perks that come with joining AARP during your senior years .

Healthcare savings

Many seniors live on fixed incomes , making healthcare expenses a significant concern. But members of AARP can access significant discounts on prescription drugs, hearing aids and vision care, including glasses and contact lenses. These savings can be imperative for seniors living on fixed incomes, as healthcare expenses can be a major concern. And, by reducing the cost of essential health-related items, AARP helps seniors maintain their health and well-being without costing too much.

Travel benefits

Retirement often means more time for travel, but doing so can be expensive. To help, AARP provides travel-related discounts on hotels, rental cars and cruises, as well as a roadside assistance program and travel planning resources. These perks are particularly valuable for retirees, who typically have more time to travel but may be conscious of the related expenses. For example, these discounts can make it more affordable for seniors to explore new places and visit loved ones or offer peace of mind for those who enjoy road trips.

Financial services

Financial security is often a top concern for seniors. AARP members can ensure that their finances are in check by taking advantage of member perks like free financial health check-ups, identity theft protection services, unique credit card options with cashback rewards and discounts on tax preparation services. 

These offerings are beneficial because they help seniors address the financial security concerns many will face during that point in their lives. These services can, for example, help members manage their money more effectively and protect their assets, with identity theft protection being particularly valuable as seniors may be  targeted by scammers .

Technology assistance

In an increasingly digital world, staying connected is vital — and that's equally true for seniors. AARP can help provide that with access to tech support for computers, smartphones and other devices, as well as online learning resources for improving digital skills. This support can be invaluable because it lets seniors navigate new technologies, enabling them to stay in touch with family, access online services and feel more confident in their tech abilities, all of which is crucial for maintaining independence and connectivity.

Entertainment, shopping and dining discounts

AARP members can take advantage of the discounts offered at restaurants and at movie theaters or other entertainment venues. These benefits encourage seniors to stay socially active and engaged, which is crucial for mental health and overall well-being. And, by making outings and cultural experiences more affordable, AARP helps seniors maintain an active and fulfilling lifestyle.

Another benefit that AARP offers is savings at various retailers, both in-store and online, including discounts on groceries and everyday items. These discounts help seniors stretch fixed incomes further, allowing them to maintain their quality of life and afford both necessities and small luxuries. This can make a significant difference in seniors' day-to-day lives and overall financial comfort.

Legal services

Members of AARP also have access to free or discounted legal advice and assistance with estate planning and will preparation. Legal services can be prohibitively expensive, so these benefits make it easier for seniors to handle important legal matters, ensuring their wishes are properly documented and their rights are protected.

Education and career resources

Many seniors choose to work part-time or start new careers in retirement to earn some extra money . AARP can also help in this area. For example, the organization provides access to job boards specializing in age-friendly employers, online courses and skills training and resume review services. Taking advantage of these resources can, in turn, help seniors stay competitive in the job market and find fulfilling work opportunities, which can be financially and personally rewarding.

Fitness and wellness resources

Staying active is crucial for maintaining health and independence as we age, and it can be easier for AARP members to do that, as membership offers them access to gym membership discounts and wellness programs and resources. These perks make it more affordable for seniors to prioritize their physical and mental well-being, encouraging a healthier and more active lifestyle.

Home and auto services

Seniors can also get discounts through AARP on home security systems , moving services and storage and even auto repair discounts. These services address some common needs of seniors, from ensuring home safety to managing moves and maintaining vehicles, often at reduced costs. These benefits can be particularly helpful for seniors who are looking to age in place or those transitioning to new living arrangements.

The bottom line

An AARP membership can offer big benefits to seniors — including, but not limited to, the ones outlined above. So, if you're a senior who's been on the fence about joining, it can be a smart move to make between the discounts, the resources and the other perks an AARP membership offers. 

Angelica Leicht is senior editor for Managing Your Money, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing roles at The Simple Dollar, Interest, HousingWire and other financial publications.

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Can You Buy Travel Insurance for Road Trips?

After spending seven years in the U.S. Air Force as an Arabic linguist, Carissa is now a freelance writer using points and miles to fund a four-year (and counting!) adventure. She previously worked as a reporter for The Points Guy. Her writing has since been featured in numerous publications, including Forbes, Business Insider, and The Balance. When she's not flying, you'll usually find her in a Priority Pass lounge somewhere, sipping tea and cursing slow Wi-Fi.

Megan Lee joined the travel rewards team at NerdWallet with over 12 years of SEO, writing and content development experience, primarily in international education and nonprofit work. She has been published in U.S. News & World Report, USA Today and elsewhere, and has spoken at conferences like that of NAFSA: Association of International Educators. Megan has built and directed remote content teams and editorial strategies for websites like GoAbroad and Go Overseas. When not traveling, Megan adventures around her Midwest home base where she likes to attend theme parties, ride her bike and cook Asian food.

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Table of Contents

How road trip insurance works

How to choose between road trip travel insurance companies, best plans for road trip travel insurance, other tips for road trip travel insurance, top cards with travel insurance for road trips, road trip travel insurance recapped.

There’s nothing quite like breezing down a highway with the windows down, the wind in your hair and a cooler full of sodas in the back seat. Whether you’re traveling alone or enjoying a road trip with friends or family, you’ll want to be sure that you’re covered with travel protections on your drive. This is as true whether you're embarking on a classic American road trip — like U.S. Route 66 — are or braving the roadways in a foreign country, in your own car or a rented vehicle.

Let’s take a look at road trip travel insurance, how it works and the best plans for auto travel insurance to suit your needs.

Road trips aren't immune to disruptions, and road trip insurance works similarly to travel insurance . Most plans require purchase before your trip begins and cover your prepaid expenses.

For rental cars

Not all third-party travel insurance policies automatically include coverage for a rental vehicle. Seek out plans that provide rental car insurance specifically — or book your car with a credit card that offers these specific protections .

Rental car travel insurance policies generally protect against damage to the rental vehicle only. Causes not within your control, such as collision, theft, vandalism, windstorm, fire, hail or flood damage are typically covered.

Because of the limited scope of rental car insurance, know that you may be on the hook if you’re liable for damage to other vehicles or if there’s bodily injury.

When picking up your rental car, you will likely be offered the insurance sold by the rental car company at the counter, typically called a Collision Damage Waiver (CDW) or Loss Damage Waiver (LDW). You can decline this protection if you have sufficient coverage elsewhere (e.g., via a third-party policy or a credit card).

For your personal vehicle

Getting road trip insurance for your own vehicle isn't as common as travel insurance for rental cars , but it can still be a valuable consideration depending on your situation. For instance, access to roadside assistance can provide peace of mind if you are driving for long stretches in rural areas.

Finally, road tripping doesn’t end at driving a car. Other trip protections you may consider including in a travel insurance policy include medical evacuation, trip cancellation insurance, trip interruption coverage and accidental death and dismemberment (AD&D) insurance . This is true whether you opt to drive your own vehicle or rent one for your trip.

» Learn more: How to find the best travel insurance

With several travel insurance companies out there, it can be difficult to narrow down the one you really need. Before buying, always get quotes from multiple businesses.

This is because coverage levels and prices can vary dramatically. Insurance aggregators such as InsureMyTrip or Squaremouth (a NerdWallet partner) allow you to generate multiple quotes at once, plus they include filters for sorting so you can find the right policy for you.

Here are a few things to consider when looking for road trip insurance:

Whether you’re renting a car.

Where you're traveling.

Whether you already have car insurance. 

What types of coverage you’re interested in.

If you’re also planning on flying, cruising or using a ferry. 

How long you’ll be gone.

The cost of the plan.

To figure out the best road travel insurance, we combed a variety of insurance providers to check out their offerings.

Our quotes were built using a hypothetical 37-year-old from California taking a road trip throughout the United States. The total trip time was 15 days, and the total trip cost was $2,700. Here were the top contenders.

IMG’s iTravelInsured Travel SE plan came out significantly cheaper than competitors’ plans at just $100.43. This includes primary rental car coverage and a whole host of trip protections.

$40,000 in rental car coverage — $5,000 more than similar plans.

$250,000 in primary emergency medical coverage . 

Pre-existing conditions covered. 

Rental car coverage is only for collision, theft or damage to the vehicle.

$40,000 rental car coverage maximum. 

AD&D doesn’t cover strokes or any cardiac events.

HTH Worldwide

HTH Worldwide is another top option for travel insurance for car trips. Coming in at $185.29, the TripProtector Preferred plan provides up to $35,000 for rental car coverage, as well as other unique coverage options.

Covers additional kennel fees for your pet if you’re delayed. 

Includes $500,000 in primary emergency medical coverage.

Offers up to $200 to reinstate frequent traveler rewards, which is handy if you booked hotels on points for your trip.

Max of $35,000 in rental car coverage.

Repatriation of remains covers just $25,000.

Coverage excludes trucks, campers, motor bikes, recreational vehicles and exotic vehicles (defined as antique, limited production or collectible car or any other private passenger vehicle with a Manufacturer’s Suggested Retail Price over $75,000).

» Learn more: Is Cancel For Any Reason travel insurance worth it?

USI Affinity Travel Insurance Services

USI Affinity’s Diamond plan rang in at $187, just a little more than HTH Worldwide’s plan. While it includes rental car insurance, the limit is quite low, making this a better option for those who are driving their own vehicles.

Travel delay starting at six hours.

$1 million limit for medical evacuation and repatriation. 

$50,000 limit for 24-hour AD&D. 

$1,000 rental car insurance maximum.

$100 deductible for rental car insurance. 

Maximum trip length of 30 days. 

AXA Assistance USA

AXA Assistance USA is our final recommendation due to its nonmedical evacuation policy, which will transport you to safety during a natural disaster or time of political or civil unrest. This can be especially important if you plan on driving somewhere remote with unknown weather conditions. The total for AXA’s Gold plan came in at $215.

$50,000 in nonmedical evacuation. 

$35,000 in rental car coverage. 

Includes coverage for sporting equipment. 

Minimum 12-hour travel delay before benefits kick in.

$25,000 limit for 24-hour AD&D.

Max of $35,000 in rental car coverage. 

» Learn more: The best travel credit cards right now

We’ve gathered a few other tips for road trip travel insurance for you, so be sure to consider these before purchasing a policy:

Check out your own auto insurance policy. Within the U.S., your personal policy will usually also cover you when you drive a rental car.

Consider getting a travel credit card. Many travel credit cards include complimentary travel insurance as a benefit.

Secondary policies pay out after other options have been exhausted, but if you don’t have primary coverage, they automatically become primary. Keep this in mind when comparing plans. 

Waive the rental company's insurance and pay for your car with one these travel cards to get complimentary insurance on your rental and more:

on Chase's website

on American Express' website

• Primary rental car coverage: Up to the cash value of most rental vehicles.

• Trip delay: Up to $500 per ticket for delays more than 12 hours.

• Trip cancellation: Up to $10,000 per person and $20,000 per trip. Maximum benefit of $40,000 per 12-month period.

• Trip interruption: Up to $10,000 per person and $20,000 per trip. Maximum benefit of $40,000 per 12-month period.

• Primary rental car coverage: Up to $75,000.

• Trip delay: Up to $500 per ticket for delays more than 6 hours.

• Secondary rental car coverage: Up to $75,000.

• Trip delay: Up to $500 per trip for delays more than 6 hours.

• Trip cancellation: Up to $10,000 per trip. Maximum benefit of $20,000 per 12-month period.

• Trip interruption: Up to $10,000 per trip. Maximum benefit of $20,000 per 12-month period.

Terms apply.

It’s important to ensure that you’re covered when you’re traveling, whether that’s by airplane, trains or automobiles. Depending on where you’re going, you may already have coverage — but do your due diligence and check first.

If not, consider getting a travel insurance policy that’ll cover your road trip, both for peace of mind and safety when you’re away from home.

American Express travel insurance disclosures

Insurance Benefit: Car Rental Loss & Damage Insurance

Car Rental Loss and Damage Insurance can provide coverage up to $75,000 for theft of or damage to most rental vehicles when you use your eligible Card to reserve and pay for the entire eligible vehicle rental and decline the collision damage waiver or similar option offered by the Commercial Car Rental Company. This product provides secondary coverage and does not include liability coverage. Not all vehicle types or rentals are covered. Geographic restrictions apply.

Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply.

Please visit americanexpress.com/benefitsguide for more details.

Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.

Insurance Benefit: Trip Delay Insurance

Up to $500 per Covered Trip that is delayed for more than 6 hours; and 2 claims per Eligible Card per 12 consecutive month period.

Underwritten by New Hampshire Insurance Company, an AIG Company.

Insurance Benefit: Trip Cancellation and Interruption Insurance

The maximum benefit amount for Trip Cancellation and Interruption Insurance is $10,000 per Covered Trip and $20,000 per Eligible Card per 12 consecutive month period.

How to maximize your rewards

You want a travel credit card that prioritizes what’s important to you. Here are some of the best travel credit cards of 2024 :

Flexibility, point transfers and a large bonus: Chase Sapphire Preferred® Card

No annual fee: Bank of America® Travel Rewards credit card

Flat-rate travel rewards: Capital One Venture Rewards Credit Card

Bonus travel rewards and high-end perks: Chase Sapphire Reserve®

Luxury perks: The Platinum Card® from American Express

Business travelers: Ink Business Preferred® Credit Card

1x-10x Earn 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Travel℠ immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases.

60,000 Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $900 toward travel when you redeem through Chase Travel℠.

1x-5x 5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases.

60,000 Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Travel℠.

1x-2x Earn 2X points on Southwest® purchases. Earn 2X points on local transit and commuting, including rideshare. Earn 2X points on internet, cable, and phone services, and select streaming. Earn 1X points on all other purchases.

85,000 Earn 85,000 bonus points after spending $3,000 on purchases in the first 3 months from account opening.

• Amica Homeowners Insurance
• USAA Homeowners Insurance
• State Farm Homeowners Insurance
• GEICO Homeowners Insurance
• Allstate Homeowners Insurance
• Why You Should Trust Us

Best Homeowners Insurance of 2024

Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate insurance products to write unbiased product reviews.

A good home insurance company can reduce a family disaster to a small bump in the road. It could be as simple as a curling iron that was not unplugged or as big as a hurricane. No matter the cause, the destruction of your home and belongings doesn't have to be so stressful.

Best Homeowners Insurance Companies

• Best overall: Amica Homeowners Insurance
• Best for military: USAA Homeowners Insurance
• Best for customer satisfaction: State Farm Homeowners Insurance
• Best for cheap home insurance: GEICO Homeowners Insurance
• Best for investors: Allstate Homeowners Insurance

Shop the Top Homeowners Insurance

Highly rated by JD Power and available in 48 states and Washington, DC.

• Check mark icon A check mark. It indicates a confirmation of your intended interaction. Highly ranked in JD Power's customer satisfaction study
• Check mark icon A check mark. It indicates a confirmation of your intended interaction. Wide array of discounts
• Check mark icon A check mark. It indicates a confirmation of your intended interaction. Competitive annual premiums on homeowners insurance
• con icon Two crossed lines that form an 'X'. Not available in Alaska and Hawaii
• con icon Two crossed lines that form an 'X'. May not offer the specialty coverage consumers need

Amica homeowners insurance ranks high with JD Power, operating in 48 states and Washington, DC. Its wide range of home insurance coverage, online policy management, and independent agents makes Amica an attractive option for many consumers.

• Ranked No. 1 in J.D. Power's homeowners insurance customer satisfaction survey.
• Loyalty discount, automatic detection devices discount, alarm system discount, claim free discount.
• Offers home insurance dividends on your policy.

Straightforward claims process, customizable coverage options, and top-notch customer service.

• Check mark icon A check mark. It indicates a confirmation of your intended interaction. High customer satisfaction
• Check mark icon A check mark. It indicates a confirmation of your intended interaction. Competitive rates for eligible customers
• Check mark icon A check mark. It indicates a confirmation of your intended interaction. Homeowners insurance can be combined with other USAA financial products
• con icon Two crossed lines that form an 'X'. Only available to military, veterans, and their families

USAA homeowners insurance is available to active duty military members, veterans, and their families. It offers competitive rates and coverage.

• USAA's homeowner's insurance is for military members, veterans, and their families.
• Discounts for Connected Home, ADT security systems, and being claim-free for 5 years
• Covers personal belongings with no depreciation
• USAA members were surveyed, and if had included on J.D Power's homeowners customer satisfaction survey, it would have been No. 1.

State Farm offers six discounts to help you save on your homeowners insurance policy.

• Check mark icon A check mark. It indicates a confirmation of your intended interaction. Established insurance company
• Check mark icon A check mark. It indicates a confirmation of your intended interaction. Nationwide presence
• Check mark icon A check mark. It indicates a confirmation of your intended interaction. Highly rated customer satisfaction
• Check mark icon A check mark. It indicates a confirmation of your intended interaction. Discounts for bundling insurance products
• con icon Two crossed lines that form an 'X'. High number of complaints about the claims process on ConsumerAffairs
• con icon Two crossed lines that form an 'X'. Policies can only be purchased through captive agents

State Farm Insurance is sold exclusively by captive agents, limiting options to compare rates. However, State Farm agents are extensively trained to quote State Farm policies with all applicable discounts, especially if you choose to bundle your insurance coverage. State Farm offers coverage for most homes.

• Homeowners insurance include Ting fire safety technology, cyber event identity restoration and fraud loss (CEIDR), and pet insurance
• Ranks highly for customer satisfaction

Offers multi-policy discounts.

• Check mark icon A check mark. It indicates a confirmation of your intended interaction. Established homeowners insurance company with plenty of insurance bundling options
• Check mark icon A check mark. It indicates a confirmation of your intended interaction. National presence covering all 50 states
• Check mark icon A check mark. It indicates a confirmation of your intended interaction. Easy online quoting
• con icon Two crossed lines that form an 'X'. Customer satisfaction varies across products
• con icon Two crossed lines that form an 'X'. GEICO offers phone support, but not personalized insurance agent support

GEICO homeowners insurance is one of many products the online giant offers. But, unlike its auto insurance, it encourages customers to work with its call center agents to find the right fit, buy all necessary coverage, etc.

• Discounts for home safety, and bundling
• Offers flood insurance (purchased separately)
• Homeowners, condo, and mobile home insurance

Offers many coverage riders to enhance your homeowners coverage and many discounts.

• Check mark icon A check mark. It indicates a confirmation of your intended interaction. Established company with national presence and quotes available online
• Check mark icon A check mark. It indicates a confirmation of your intended interaction. Quoting available with knowledgeable agents who can also quote other insurance products
• Check mark icon A check mark. It indicates a confirmation of your intended interaction. Easy bundling options for qualified buyers
• con icon Two crossed lines that form an 'X'. Rates are slightly higher than what other companies offer
• con icon Two crossed lines that form an 'X'. Policies are only available through captive agents
• con icon Two crossed lines that form an 'X'. Claims process may be slow and conservative leading to denials

Allstate offers many of the most important personal insurance products, including homeowners insurance. It leads the market in discounts, but its base rates may not be as competitive as State Farm and other big competitors.

• Offers HostAdvantage which is protection for your belongings while renting out your home.
• Offers flood insurance.
• Offers coverage during identity theft.
• You can get discounts for installing protective devices, and being claim free.

Best Home Insurance Company Reviews

Whatever the situation, quality home insurance coverage could be the difference between full recovery and financial ruin after a home-based incident. A strong home insurance company will assess the damage and pay your claim quickly. Policies are clear, and many insurance companies will deploy agents to hold your hand and help you every step of the way.

Amica Mutual : Best Overall

Amica homeowners insurance tops the charts with industry resources like J.D. Power. In business since 1907, Amica Mutual offers standard and platinum policy options. Some policies offer dividend payments of up to 20% of annual premiums for qualified individuals in participating states. The company also has some of the most affordable homeowners insurance rates. While satisfaction and performance are high, it does not offer coverage in Alaska or Hawai'i. Amica was ranked first in the 2021 and 2022 J.D. Power home insurance studies.

Amica Homeowners Insurance Review

USAA :  Best for military

USAA homeowners insurance plans are exclusively available to military members and their immediate family members. But like its other products, USAA maintains a tight grip on the homeowners insurance market for that select population. Its plans offer both the cheapest home insurance and the best coverage available to US military members. When combined with car insurance, bank accounts, and other products, insured parties may qualify for even lower prices.

USAA Homeowners Insurance Review

State Farm : Best for customer satisfaction

State Farm homeowners insurance remains one of the most recognizable names in insurance, particularly in homeowners and affordable car insurance . The company works exclusively with captive agents (i.e., agents can only quote and sell State Farm or State Farm partner products). So if you don't like your quote, want to compare home insurance quotes, or don't qualify for coverage, you'll have to talk to at least one more insurance agent. But its agents can get you the most competitive quotes with all applicable discounts for State Farm products.

State Farm agents can quote and bind policies for most single-family residences, condos, etc. However, you may run into trouble for multi-units with more than four legal units or in high-risk (but insurable) areas such as higher lava zones or areas affected by wildfires.

State Farm Homeowners Insurance Review

GEICO : Best for value

GEICO home insurance is often bundled with GEICO auto insurance. For homeowners working with a mortgage lender, GEICO has a separate department to assist in binding and finalizing the details of your home insurance. Particularly for small homes and condo insurance, GEICO offers cutthroat pricing.

Compared to many other discount home insurance companies, GEICO also offers friendly service, easy underwriting approval, and quick claims processing. In the event of a claim, the payout may not be what you'd expect from companies like State Farm, Allstate, or Amica Mutual. Depending on where you live, you may also have to call its toll-free line to get home insurance quotes.

GEICO Home Insurance Review

Allstate : Best for investors

Allstate homeowners insurance is known for the character "Mayhem." Mayhem, played by actor Dean Winters, plays out real claims scenarios Allstate has paid in entertaining commercials. Allstate offers a range of home insurance products including plans for investors to cover the structure and liability associated with having tenants. Renters should supplement with renters coverage , but Allstate plans are highly customizable. Like State Farm, Allstate is only quoted through the company's captive agents, and they do not insure structures with more than four units.

Allstate Homeowners Insurance Review

What Home Insurance Won't Cover

While uncommon, some homes are uninsurable. This would include homes in certain fire zones and lava zones. Beachfront properties (depending on the distance to the ocean) can be insured, but only with higher premiums for lower coverage limits. Not all insurers offer coverage for high-risk areas.

The exact rules vary between policies. This is why it's critical to work with an insurance agent you trust and review your policy documents. An all perils home insurance policy will cover damage caused by anything that's not specifically excluded in the policy documents. With decades of claims and underwriting experience, insurers list exclusions from lava and hurricanes to riots, war, nuclear hazards, and government action. So read carefully before assuming specific incidents will be covered under your home insurance.

If you choose a named-perils policy, you may get the cheapest home insurance rates available to you. As you might expect, insurers only cover damage associated with perils listed in the policy documents. So the risk of unpaid claims is higher. In short, if your named perils policy covers damage from fires, lightning, and explosions, you would not be covered if a car crashed into your home unless it caused an explosion.

Similarly, you decide what property coverage you want up front. Dwelling coverage (the cost to repair or replace your home if destroyed) is a constant, particularly if you have a mortgage. Many other coverages are optional. Homeowners who want the cheapest home insurance rates when shopping for homeowners insurance might skip personal property coverage. Investors renting properties out might also skip personal property coverage while increasing liability coverage. If a covered peril damages your home, though, you would then be responsible to replace furniture, clothing, electronics, and any other personal property.

Home Insurance Companies Won't Cover Neglect or Intentional Damage

The exact breakdown of coverage varies between home insurance companies. No matter where you buy, there are two exclusions with no exceptions.

• Neglect : Neglect is one of the most common reasons for denials of claims. If you have a leaky toilet that goes unchecked, it could slowly leak for months or years. This would lead to floor rot, mold , and other long-term damage. Insurers expect homeowners to maintain the property and prevent damage where possible. This is why many companies will not cover vacant homes. Vacancies mean no one is on location to catch major incidents or small leaks.
• Intentional damage : A home insurance company may refuse coverage for certain types of vandalism and destruction. This is specific to homeowners and legal residents. As a general rule, policyholders are not meant to profit from insurance plans. Insurance should restore what was lost to its state prior to the claim. When homeowners or residents intentionally damage or destroy the property, insurers view it as an attempt to profit and an extra hazard. This leads to greater scrutiny and can escalate to claims being denied. Particularly if you have renters or boarders, make sure to discuss coverage with your agent.

How to Find The Most Affordable Home Insurance for You

Mortgage lenders require borrowers to buy a homeowners policy covering the cost to rebuild your home. This estimate is based on the appraisal or your insurance agent's estimated replacement cost matrix. Some homeowners are also required to pay for regional coverage such as flood, hurricane, or earthquake.

Unless you specify otherwise, the lender will then collect a small amount each month to pay your premium for you once a year. Keep in mind, all insurance notices will be sent to you automatically. So if prices go up or you want to switch for any reason, you have control over your homeowners insurance.

The cheapest home insurance is not always the most affordable. Homeowners insurance quotes give buyers a preview of what they may pay each year. But this doesn't account for the cost of claims or how much you could pay out of pocket if your claims are denied or your insurer drags out the process. When shopping for home insurance, we balance cost with performance and coverage.

Homeowners Insurance Companies with the Highest Customer Satisfaction

The Better Business Bureau accepts a company's customer complaints and reviews advertising and transparency about business practices. Once a complaint is submitted, companies can respond and resolve the issues.

The BBB ranking does not guarantee great rates or that you'll love the company. That's why we also looked at average rates, reviews from sites like TrustPilot, and sample plans to compare coverage options. However, a company with a high BBB rating is more likely to stay above board and address consumer issues.

USAA's limited availability makes it impractical for organizations like JD Power or the BBB to rank it alongside companies that sell to a more diverse range of users. However, many of our top home insurance picks maintain the BBB's highest ranking. When combined with strong JD Power, AM Best rankings, reviews from real homeowners, and advice from our expert panel, we feel confident saying our top picks are also trustworthy home insurance companies for the average consumer.

Home Insurance Frequently Asked Questions

Yes, most people have homeowners insurance. If you have a mortgage, your lender will require home insurance. In most cases, your homeowners insurance invoices will be sent to your lender, and it will add costs to your monthly payments. Among homeowners who own their home outright, most still have insurance to protect against the unexpected.

An umbrella policy offers a boost in coverage for multiple policies with one premium. If you're bundling your homeowners and auto insurance policies with one company, raising your liability limits on each policy could be costly. Whether you're in an auto accident or your dog bites the mailman, the ensuing claim can be costly, especially if you don't have sufficient liability coverage. 

A home insurance policy for a condo could be as little as $200 annually depending on coverage. A homeowners policy for a single-family detached structure on a beachfront could be $5,000 or more annually. With so many factors to consider, a licensed insurance agent is the best resource for customized plans to meet individual needs.

At a minimum, homeowners need replacement coverage for the structure. In short, your insurance company runs a cost assessment to estimate the construction cost for replacing your home if it were completely destroyed. More importantly, check your coverage exclusions, add-ons like water backup coverage, and personal property coverage limits. Even if you have limited personal belongings, furnishing a house could quickly reach $100,000 or more.

Why You Should Trust Us: Our Expert Panel for The Best Homeowners Insurance

We spoke to a variety of experts to inform our picks for this best home insurance guide, and to give readers additional advice for finding the right policy. You can read what they had to say later in this guide, under the Experts' Advice section.

The Experts' Advice on Choosing The Best Home Insurance for You

We worked with a realtor, homeowners insurance agent, and mortgage loan originator to discuss what buyers should consider when buying home insurance. You can find their full commentary below.

What do you believe are the most important things to look for when buying home insurance?

Lina Roby , Former Insurance Editor with Personal Finance Insider

Homeowners should take into account both coverage and price. Critical riders like water backup coverage cost you as little as a few dollars per renewal period while saving you thousands in the event of a claim. When calculating your monthly mortgage costs, the right homeowners insurance ensures your home also fits your budget.

Stephanie Andrews, Realtor with Keller Williams Hawaii Dream Homes

Homeowners should have complete coverage without too many stipulations or exceptions.

Jeremy Yang, Homeowners Insurance Agent with IFG Insurance LLC

Details of the policy are important. Ex:Replacement Cost vs Actual Cash Value coverage/endorsement like water backup coverage.

Chelsie Sorino , Mortgage Loan Originator with CF Home Loans LLC

I believe is most important to look for when buying homeowners insurance is making sure that your coverage is truly comprehensive. A named peril policy provides coverage ONLY for the select types of damages listed in the specific policy. On the other hand, a comprehensive peril policy makes getting insurance to cover any incident much easier.

How should I set my deductible amount?

Lina Roby, Former Insurance Editor with Personal Finance Insider

Consider how much you can afford to spend in the event of a claim? If you cannot afford to spend $1,000 out of pocket to deal with a major flood, for example, a $1,000 deductible may lower your monthly premium, but it's too high.

Your deductible should match your income and available cash on hand. Having a larger deductible will save you money, but if you can't afford to pay a large deductible when you need the insurance, then the extra savings don't matter.

Your deductible should be based on claim history & affordability. If you have no claims history and are not likely to file claim, you can raise your deductible. But understand that the deductible will be the out-of-pocket amount if any claim are filed.

Chelsie Sorino, Mortgage Loan Originator with CF Home Loans LLC

Low deductible plans require higher monthly premiums but lower out of pocket expenses. High deductible plans provide lower monthly premiums but higher expenses in the event of an insurance claim. You should choose a deductible that balances out your monthly and out-of-pocket costs in the event of a claim.

What are the most common things buyers miss when buying home insurance?

Many homeowners underestimate the importance of riders. All they see is extra costs. The bulk of your monthly premiums is spent on dwelling coverage, personal property, and other key parts of homeowners coverage. The devil is in the details, especially when it comes to homeowners insurance riders.

Not getting enough coverage for a complete rebuild, not checking for specific coverage like flood or hurricane, and not looking at the conditions of the insurance.

Most buyers will choose the cheapest insurance, which might leads to homeowners being underinsured. Getting insurance with not enough coverage is like driving a car with a drawing of a seatbelt on your shirt.

Equipment breakdown coverage is something that I see buyers missing when buying homeowners insurance. This is an easy & affordable rider. Common examples of covered equipment being air conditioning systems, furnaces, heat pumps, heaters, and kitchen & laundry appliances.

How We Chose the Best Home Insurance Companies

Sites like J.D Power, user review sites, and other sources play a role in our reviews, as do policy documents. While we cannot look at every policyholder's documents, most home insurance companies have specific coverage limits and benefits applicable to all standard policies. To come up with our list of the best home insurance companies, we also considered common exclusions and the impact on the average homeowner compared to average premiums.

We take into account customer experience and the claims experience. While homeowners hope to never experience a partial or full loss of their home, most do. Finally, we factor in financial stability. Regardless of size, insurance companies walk a tight line between premiums coming in and claims payments going out. We look for insurers likely to be around for the foreseeable future. For a full breakdown of our insurance rating guidelines, click here .

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2024 Travelers Championship live stream, TV schedule, channel, where to watch, tee times, radio, golf coverage

A busy three-week stretch in professional golf comes to an end this week in connecticut.

The 2024 Travelers Championship appears to be heading to an exciting finish. Taking to TPC River Highlands once again, Sunday's final round has moved into a playoff as world No. 1 Scottie Scheffler and Tom Kim battle for the trophy and a massive prize money payout .

Failing to card a single under-par round in a tournament for the first time in his professional career, Scheffler looks to get back on the wagon and capture his sixth victory of the season. A win at TPC River Highlands would be his first at a course which saw Xander Schauffele reign supreme in 2022.

The world No. 2 continues to display his consistency on a weekly basis and has now notched four straight top 10s dating back to the Wells Fargo Championship. With plenty of form in tow, Schaffuele seeks his second win of the season and second trophy at the Travelers Championship.

All times Eastern; streaming start times approximated   

Round 4 - Sunday

Round starts:  6:50 a.m.

PGA Tour Live:  6:50 a.m. -  1 p.m. --  PGA Tour Live

Live TV coverage:  12-2 p.m. on Golf Channel,  fubo  (Try for free) Live streaming:  12-2 p.m. on Peacock

Live TV coverage:  2-6 p.m. on CBS Live simulcast:  2-6 p.m. on  CBSSports.com  and the  CBS Sports App

Radio:  1-6 p.m. --  PGA Tour Radio  

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