President's Choice Bank (PCF) is a wholly-owned subsidiary of Loblaw Companies Limited (LCL) and was established to promote President's Choice Financial® products and services across Canada.
Does PC Financial have a bank?
PC Financial currently doesn't offer chequing, savings accounts, investments or mortgages. No bank branch. Like most online banks, PC Financial doesn't have branches you can visit for in-person banking. Its pavilions offer customer service but most of your banking will be conducted online.
What is the difference between Simplii and PC Financial?
On November 1, 2017, PC Financial was re-branded as Simplii Financial direct banking, with CIBC taking over the day-to-day banking services (chequing, savings, and mortgages) under the Simplii brand. Loblaws continued to manage the PC Financial-branded Mastercards and PC Plus loyalty program (now PC Optimum).Jan 2, 2022
What is PC banking?
The term "PC banking" refers to the online access of banking information from a personal computer. PC banking enables an account holder to perform real-time account activities and effectively manage finances in a way that avoids the hassle of daytime bank visits and eliminates the postage required to pay bills by mail.
How do I contact PC?
You can reach the PC Optimum Member Care Team at 1-866-727-6468.
Who is the owner of PC Financial?
Loblaw Companies
Is PC Financial federally regulated?
As mentioned above, PC Financial is federally-regulated. This means that it must adhere to regulations so it doesn't engage in activities that may jeopardize the financial stability of the Canadian economy. In addition, deposits at PC Financial are protected by the Canadian Deposit Insurance Corporation (CDIC).
How does a PC money account work?
The PC Money™ Account works like a bank account, and rewards you every time you use it to make a purchase. Accepted everywhere Mastercard® is, this no monthly fee account gives you unlimited everyday transactions and rewards you with 10 PC Optimum points on every $1 you spend on purchases.
Does PC have a bank?
PC Money™ Account and President's Choice Financial Mastercard® are provided by President's Choice Bank.
What bank is PC Financial associated with?
President's Choice Bank
Does PC Financial Do a credit check?
Like any credit card, you'll have to go through a credit check to receive a PC Financial Mastercard.
What is the minimum credit limit for PC World Mastercard?
PC World Elite Mastercard: $80,000 personal, or $150,000 household.