CIBC Costco Mastercard vs. PC Financial Mastercard
Compared to CIBC’s offering, the PC Financial Mastercard has a slightly different schema with solid earning potential. Rather than earning cash back, PC cardholders earn 10 PC Optimum points per dollar spent on purchases made in Loblaw-owned stores, 30 points per one litre of fuel at Esso and Mobil gas stations and 10 points per dollar spent on all other purchases. With 10 PC Optimum points equaling one dollar in cash, the card has similar earning rates for Costco cardholders that shop in Loblaw-owned stores. But, CIBC’s card gas earning are based on per-dollars spent, not litres used, so cardholders will notice a difference with gas prices being as high as they are.
The PC Financial Mastercard also has a brand-only redemption process, as PC points can only be redeemed in Loblaw-owned stores.
Though identical in the lack…
