That credit card that lets you shop and get a reward for it, and you don’t have to pay any annual fee. Ladies and gentlemen, meet the PC Financial World Elite Mastercard – – the card that will make you gain PC Optimum points at a record-setting pace.
When you are buying groceries at a store, fueling your car, or shopping through the internet every cents counts and leads you to free grocery and other products. Now it is time to discuss in details how this card can become a useful addition to your wallet.
Main features of the PC Financial World Elite Mastercard
The PC Financial World Elite Mastercard is provided by President’s Choice Bank that has been offering simple and effective financial services. This card is for the wise consumers who like to get the maximum out of their dollar.
The type is most favorable for those with a high income level that demands a basic personal income of $80,000 or household income of $150, 000 per year. That means a PC financial fee, plus you will start building PC Optimum points every time you shop.
The points system is straightforward: On groceries, which can be obtained by buying selected food such as Loblaws or No Frills, a dollar earns 30 points On Shoppers Drug Mart, it earns 45 Points On Esso Mobil one earns point on gas.
This makes it suitable to persons wanting to witness the impact of their day to day spending. It also includes features like travel insurance, car rental, and identity theft; therefore, the card is a perfect financial product for today’s buyer.
Understanding the annual fee
The PC Financial World Elite Mastercard is the one that is completely free of annual fees and yet comes with all these brilliant features. Exactly, you can have a feel of the premium credit card style all without the bother of an extra yearly fee.
Such feature or service is well fitting to those who want to earn as much as possible from the credit cards and having the bonus and privileges from the card issuer as well, but do not want to be burdened by the cost of an annual fee that can lessen his/her savings.
Deciphering credit limits
It shows that President’s choice bank has some consideration like your credit score, your income and your other debts. This way you are able to avoid situations where your credit limit is too high or very low and thus get the appropriate credit limit you need with the power to spend combined with sincerity. Usually, a better income and a good credit record may mean that a credit card limit will be higher, which means more options to make purchases.
Advantages of the PC Financial World Elite Mastercard
- Generous Points System: Spend $1 at any of the participating grocery stores and get $0.30 in points; spend $1 at Shoppers Drug Mart and get $0.45 in points.
- Fuel Savings: Get 30 points for every litre at Esso and Mobil stations.
- Travel Insurance: Buy emergency medical health insurance for the journey for up to 10 days only.
Standout advantage
This way, the card is designed to provide large amount of points for everyday shopping without an annual fee as seen with the PC Financial World Elite Mastercard. This implies that, you are awarded points at astonishing pace especially when buying your day-to-day foods and other health needs; a wise way of saving cost on your basic needs.
Addressing potential drawbacks
- High Income Requirement: This has the disadvantage of having a high minimum income threshold that lock out some of the potential applicants.
- Interest Rates: The price that is charged as the purchase interest is 21. The standard is 99%, which again, can accumulate if you have a balance on your credit card.
- Limited Travel Benefits: However, the card does come with some travel insurance which may not be as extensive as what you would expect from this premium travel card.
Standout disadvantage
There is only one drawback that was identified to be associated with the PC Financial World Elite Mastercard and this is the fact that it targets individuals with high income only. It is a little pricey, especially if the personal income has to be $80,000 or the household income $150,000.
Eligibility criteria
Here are some of the requirements that qualify anyone to apply for the PC Financial World Elite Mastercard. Users must be at least twenty-four years old with a personal annual income of $80000, individual or household.
Also, credit approval plays a massive role, so your credit score has to be high as well as the credit rating. These requirements help to prioritize client’s ability to pay for the card and to fully utilize it in the needed way.
How to apply for the PC Financial World Elite Mastercard
Enrolling to become a cardholder of the PC Financial World Elite Mastercard is very simple and can be done through several channels. The simplest one is the PC Financial online application where you can inquire the application form and other requirements needed to be submitted.
This can also be done via the PC Financial mobile app; this is because, applying for the card is very easy when using its mobile application. For those who need a more personal approach there is an in-branch application at PC Financial in specified branches.
Via website
It clear that to apply for this particular card one has to visit the PC Financial website then go to the credit card services section. Here, get the application PC Financial World Elite Mastercard and fill it to apply for the card. Share your basic personal information and Financial Information such as income and employment. Ensure you carry your identification and proof of income since you will be required to upload them.
The application is exceptionally smooth and fast, and you should be able to fill it in for a few minutes at most. Upon submission of your application, you will receive an e-mail confirmation concerning the submission of your application as well as subsequent status of your application.
Through the mobile application
Using the Facility of PC Financial mobile application, one can easily apply for the credit card namely World Elite Mastercard. Available from the application store on your phone or tablet, grab it and sign up if you are a first-time user. Go to the credit card application option and complete the steps which will guide you on entering your details.
The application enables you to take or upload pictures of your documents right from your phone- making the application process all the more easier. You can also check the status of your application and also get notifications within the application.
Through the store/branch
Today, PC Financial mainly interfaces with the public through its website and it MF application which are easy to access for those who use technology frequently. Sadly this implies that there are no full-fledged branches whereby one can apply physically.