What is going on with PC Financial?

What is going on with PC Financial?

Loblaw Co. is quitting the banking business in a deal that will see two million President’s Choice Financial mortgage and banking accounts automatically move to a new, low-fee banking brand operated by CIBC, called Simplii Financial.

What bank is President’s Choice Financial?

Loblaw Companies
President’s Choice Financial Mastercard credit cards are issued by President’s Choice Bank, a subsidiary of Loblaw Companies. PC Mastercard has no relationship to CIBC, although cash advance fees are waived at CIBC bank machines.

Is PC money account a bank account?

The PC Money Account is a no-fee bank account that combines the functions of a chequing account and prepaid Mastercard. The account comes with no monthly fees, no minimum balance requirements, unlimited bill payments, and unlimited Interac e-Transfers.

How do I contact PC?

You can reach the PC Optimum Member Care Team at 1-866-727-6468.

Who is PC Financial owned by?

Loblaw Companies Ltd.
PC Financial is owned by Loblaw Companies Ltd., the grocery giant responsible for brands like Loblaws, Real Canadian Superstore, Shoppers Drug Mart, Joe Fresh, No Name, and President’s Choice.

Is PC Financial now Simplii?

PC Financial 2022: How Do They Compare? Simplii Financial and PC Financial are popular online banks in Canada. If you owned a PC Financial chequing account prior to November 2017, that account is now under Simplii Financial, while your PC credit card stayed with PC Financial.

Who runs PC Financial?

Loblaw Companies Limited
President’s Choice Financial is a part of Loblaw Companies Limited.

Is PC Financial still owned by CIBC?

The company kept control of its PC Mastercard business, which has more than three million clients. But about two million clients who had PC bank accounts were moved to Simplii Financial, a new digital-banking brand owned by CIBC, and PC Financial received compensation in return.

Is the PC money account a credit card?

The PC Money Account is a hybrid debit account/prepaid credit card that lets you earn PC Optimum points wherever Mastercard is accepted. This card is best-suited for customers who might not have the credit score they need to qualify for a regular credit card.

Is PC customer service 24 hours?

1-866-727-6468 Monday to Friday, from 8 a.m. to 8 p.m. and Saturday, from 9 a.m. to 5 p.m.

How do I close my PC money account?

To close your PC account, you need first to withdraw all your funds from the account. Subsequently, call the President’s Choice Financial customer representative using the telephone number behind your debit card and ask them to close your account.

Does PC Financial Still Exist?

PC Financial: Overview After PC Financial’s brand licensing agreement with CIBC ended in 2017, most of its products were rebranded as Simplii, and only PC Insurance and the PC Financial Mastercard remained.

Is P C Financial Services Private Limited a government company?

Documents Trademarks Directors Map P C Financial Services Private Limited is a Private incorporated on 13 July 1995. It is classified as Non-govt company and is registered at Registrar of Companies, Delhi.

What is the registered capital of PPC financial services?

P C Financial Services Private Limited is a Private incorporated on 13 July 1995. It is classified as Non-govt company and is registered at Registrar of Companies, Delhi. Its authorized share capital is Rs. 1,150,000,000 and its paid up capital is Rs. 748,370,560.

What can I do with PC Financial?

Manage your money anywhere, anytime with the PC Financial app or online. See how you spend. Easily check your balance and recent transactions so you can stay up to date on your account. Plus, see your spending habits and average spending trends in a daily, weekly or monthly view.

What is the PC money ™ account?

The PC Money ™ Account is an online self-service money management account. This means you can pay bills (including pre-authorized withdrawals for things like gym memberships and utility bills), and transfer funds between banks. You earn PC Optimum points every time you use your card to make a purchase online or in-store.