The over-limit fee for the PC Financial Mastercard in 2025 is a fixed fee of $29 if your account balance exceeds your approved credit limit on the statement date.
This fee applies per statement period in which you are over your limit.
PC Mastercard Over-Limit Fee Key Details
- Fee Amount: $29 each statement period your account exceeds its credit limit.
- Waiver for Quebec Residents: The over-limit fee waived for Quebec residents by law, so it does not apply in that province.
- Application: The fee posted on your statement for each period you remain over your credit limit as of the statement date.
- If you bring your account below the limit mid-cycle, but are over on the next statement date, the fee applies that period as well.
Ref: pcfinancial.ca/fees/
How is over-limit handled if my balance exceeds the limit
Regularly monitor your balance and make payments to avoid exceeding your credit limit. Make sure new purchases do not push you over your approved limit.
What Steps to Dispute an Incorrect Over-Limit Charge on PC Mastercard
If you believe you’ve been incorrectly charged an over-limit fee on your PC Financial Mastercard, follow these official steps for a timely resolution:
| Step | Action |
|---|---|
| 1. Review statement | Check over-limit fee and actual account activity |
| 2. Contact support | Phone, online, or email PC Financial |
| 3. Submit documentation | Email to [email protected] and fax, or mail supporting details |
| 4. Temporary credit | PC applies temporary credit during investigation |
| 5. Follow up | Monitor case and keep all records |
| 6. Resolution | Permanent credit or detailed written explanation |
Will over-limit fees vary by province (Quebec vs others)
Yes, over-limit fees on the PC Mastercard do vary by province. Specifically, the over-limit fee of $29 waived for residents of Quebec due to provincial consumer protection laws, while it applies in all other provinces.
Can I set alerts or blocks to prevent going over limit
Yes, PC Financial allows cardholders to set up alerts and some controls to help manage their credit card and prevent going over their credit limit: