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[PC Financial] PC Optimum Points – Redeem for PC Mastercard statement Credit ($10k points = $7 credit)

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Noticed this the other day in my app and it popped up on the website today when I logged in.

“Redeem for a statement credit”
Use PC Optimum points towards a credit to your PC Mastercard statement and manage your balance with ease
10,000 points = $7 credit

Technically this isn’t a great deal as typically 10k points = $10 in store – or more with bonus redemption events – but looking at it another way, technically you can now purchase items that you usually can’t pay for with points – such as alcohol and gift cards and use “points” to pay for them (albeit with at 30% markup).

As usual with PC Optimum there is a 500,000 point (works out to $350 cc credit) maximum redemption amount in a single transaction. I’m unsure if you can make multiple redemptions in a single billing cycle

Statistics: Posted by saratee1 — Aug 6th, 2025 4:25 pm