When comparing the value of PC Optimum points earned and redeemed for gas versus groceries, there are notable differences based on earn rates, redemption value, and spending patterns.
Groceries generally offer a steady 1 cent per point redeeming value and higher earn percent, while gas points fluctuate slightly but can be more valuable via car wash redemption’s.
Here’s an updated, clear comparison tailored for PC Mastercard users.
PC Optimum Points Value Gas vs Groceries
1. Points Earned Per Dollar/Litre
| Category | Points Earned | Typical Value Rate |
|---|---|---|
| Groceries (Loblaw stores) | Up to 40 points per $1 (PC Insiders World Elite) | 4% back in PC Optimum points |
| Groceries (Base PC Mastercard) | 10 points per $1 | 1% back in points |
| Fuel (Esso & Mobil) | 30 points per litre base + bonuses | approx. 6-7¢ per litre |
- Groceries: A PC Insiders World Elite Mastercard can net you 40 points per $1 (or 4%) at Loblaw grocery stores, the highest earn rate available.
- Gas: You earn ~30 to 70 points per litre at Esso and Mobil, depending on card tier and promotions, equating roughly to about 6 to 7 cents off per litre in point value.
2. Redemption Value
- Groceries: Points redeem at a fixed rate of 10,000 points = $10 off at PC Optimum partner grocery stores. This is straightforward and consistent.
- Gas:
- Redeem 4,000 points for 10¢ off per litre (up to 40 litres per transaction).
- Redeem 10,000 points for a free car wash (value depends on car wash price, often more than the grocery rate per point).
3. Effective Point Value
| Spend Type | Effective Point Value | Notes |
|---|---|---|
| Groceries | ≈ 1 cent/point | Fixed rate across grocery stores. |
| Gas – Fuel | 0.075 to 0.1 cent/point | Depends on fuel volume and litres bought. |
| Gas – Car Wash | Up to 0.15 to 0.2 cent/point | Free car washes can push value higher. |
- Gas redemption can sometimes have lower value due to minimum redemption points and litres needed, but car wash redemption’s increase point value above grocery redemption’s.
Ref: pcfinancial.ca/en/legal-stuff
4. Which is Better for You on PC Optimum Points Value for Gas vs Groceries?
- For everyday grocery shopping, high earn rates and steady redemption values make groceries the best place to earn and redeem PC Optimum points.
- For gas, redeem smartly on fuel near the liter limit, but car wash redemption’s may stretch points further.
- Combining both categories with your PC Mastercard optimizes overall rewards.
Didn’t see your expected points after making purchases for gas or groceries? Read our step-by-step guide on how to fix missing PC Optimum points and ensure you get every reward you deserve.