27:
231:, a no-fee "debit-like" personal banking service, on September 14, 2020. Unlike its former banking service, which was provided by CIBC, PC Money Accounts are issued directly by President's Choice Bank. The PC Money Account card can be used to collect PC Optimum points on purchases, and can be used online and worldwide at any retailer that accepts
218:
by Travel Guard Canada as managing general underwriter and agent for
American Home Assurance Company. President's Choice discontinued their home and auto insurance offerings to new customers in 2009 for a brief period as structural changes were made. During this time, the previous partnership with
282:
effective
November 1, 2017. PC Financial's credit card and insurance products were unaffected by the decision, and continued to be offered by subsidiaries of Loblaw Companies. At the time of the announcement the consumer banking products had approximately 2 million customers.
273:
On August 16, 2017, it was announced that Loblaw
Companies and CIBC had mutually decided to terminate their joint venture to provide consumer banking products. All PC Financial mortgages, loans, investments, and bank accounts were transferred to CIBC's new
235:. Unlike conventional chequing accounts in Canada, the PC Money Account does not use the Interac network on domestic debit purchase transactions, as the card operates on MasterCard’s global payment network; it is a prepaid card.
470:
260:(a CIBC subsidiary). Services were available in all Canadian provinces, except Quebec. All PC Financial bank accounts had the same bank number as CIBC (010), and were located under one transit/branch number (30800).
161:
Most
Loblaws and Loblaws-owned stores offer access to a PC Financial-branded ATM. These ATMs can be used for no fee by PC Financial customers. All other customers who use the ATMs will be charged fees.
1604:
612:
1599:
263:
Clients performed their banking transactions on the
Internet, at a PC- or CIBC-branded ATM, by telephone, or in person at pavilions located inside Loblaw-affiliated stores.
1166:
1207:
256:(RRSPs), and mortgages using the President's Choice brand under license, except for between January 2001 and October 2005 when banking services were provided by
1569:
301:
reward points on purchases made with their
President's Choice Financial Mastercard credit cards, as well as with purchases made with the PC Money Account.
521:
663:
654:
148:
credit card services are provided by the federally chartered
President's Choice Bank, and insurance is provided by PC Financial Insurance Brokers.
1594:
1124:
585:
144:
Two different wholly owned subsidiaries of Loblaw
Companies provide services under the President's Choice Financial brand: personal banking and
1574:
1161:
1200:
1119:
699:
253:
249:
106:
248:
Standard consumer banking products (chequing accounts, savings accounts, loans, mortgages) were provided as a joint venture with the
1500:
769:
1051:
594:
1589:
1193:
1039:
367:
340:
801:
647:
219:
Aviva came to an end. Their home and auto insurance products returned under a separate "broker model" in
January 2010.
1372:
930:
1579:
393:
179:
444:
1584:
1402:
1377:
1267:
1076:
1008:
902:
851:
811:
267:
547:
1397:
1392:
1061:
993:
686:
270:
as having the highest customer satisfaction among mid-size
Canadian banks in 2007, 2008, 2009, 2010, and 2011.
1506:
1434:
935:
897:
874:
826:
816:
796:
640:
310:
1311:
1018:
1527:
1293:
1216:
1071:
998:
988:
962:
892:
821:
774:
733:
26:
1454:
315:
1298:
1277:
1419:
1303:
1272:
1237:
1003:
711:
1247:
1242:
1013:
983:
925:
1494:
1414:
1409:
1224:
1129:
1066:
940:
47:
1522:
471:"PC Financial customers to transfer to new direct bank brand Simplii as CIBC, Loblaw part ways"
1056:
704:
320:
279:
1338:
1232:
1046:
957:
779:
759:
715:
694:
215:
138:
102:
1347:
1322:
1317:
1262:
1252:
1034:
786:
737:
183:
119:
576:
419:
1429:
945:
791:
726:
275:
207:
203:
97:
1563:
1537:
1439:
1145:
831:
764:
603:
211:
175:
632:
1327:
1257:
950:
754:
210:, underwritten through a broker model by a number of Canadian insurance companies,
496:
1352:
257:
191:
134:
1550:*Rights to these brands in the United States are owned by different companies.
1478:
1463:
1382:
806:
721:
522:"CIBC to launch Simplii direct banking brand, integrate PC Financial accounts"
298:
292:
232:
171:
145:
37:
1473:
1444:
1424:
1362:
846:
187:
368:"UGO Wallet aims to combine mobile payments and loyalty | MobileSyrup.com"
1532:
1357:
1185:
1387:
1367:
967:
841:
252:; this partnership began in 1996. CIBC offered lines of credit, loans,
79:
75:
266:
President's Choice Financial consumer banking services were ranked by
497:"CIBC to swallow PC Financial's banking business, rebrand as Simplii"
131:
624:
1189:
1101:
872:
674:
636:
394:"Canada's Tangerine and PC Financial Now Support Apple Pay"
214:, underwritten by SecuriCan General Insurance Company, and
464:
462:
586:
2010 Canadian Retail Banking Customer Satisfaction Study
345:
Office of the Superintendent of Financial Institutions
420:"Android Pay Launches in Canada to Take on Apple Pay"
445:"Loblaw's PC Financial launches no-fee bank account"
1515:
1487:
1453:
1337:
1286:
1223:
1154:
1138:
1112:
1027:
976:
918:
911:
885:
747:
685:
96:
86:
71:
53:
43:
33:
1167:Financial Services Regulatory Authority of Ontario
186:. In addition, users can store PC credit cards on
1605:Financial services companies established in 1996
1600:Financial services companies based in Toronto
1201:
648:
8:
174:technology. In November 2014, Ugo Wallet, a
105:(since 2017 and previous joint venture with
19:
170:PC Financial MasterCards are embedded with
1208:
1194:
1186:
1109:
1098:
915:
882:
869:
682:
671:
655:
641:
633:
548:"10 Best Free Chequing Accounts in Canada"
227:President's Choice Financial launched the
25:
18:
124:Services financiers le Choix du Président
347:. Government of Canada. October 30, 2012
130:, is the financial service brand of the
1125:Canada Mortgage and Housing Corporation
332:
528:. The Canadian Press. August 16, 2017
7:
1162:Canada Deposit Insurance Corporation
1120:Business Development Bank of Canada
1570:Canadian Imperial Bank of Commerce
700:Canadian Imperial Bank of Commerce
469:Ligaya, Armina (August 16, 2017).
366:Bader, Daniel (24 November 2014).
254:Registered Retirement Savings Plan
250:Canadian Imperial Bank of Commerce
16:Subsidiary of the Loblaw Companies
14:
1139:Provincial financial institutions
842:Vancity Community Investment Bank
664:Banks and credit unions in Canada
604:President's Choice Financial FAQs
182:was launched in partnership with
577:BMO closes supermarket locations
392:Rossignol, Joe (2 August 2016).
1497:(Loblaws at Maple Leaf Gardens)
595:PC Financial Online Application
495:Evans, Pete (August 16, 2017).
1595:1996 establishments in Ontario
1503:(Dominion at Memorial Stadium)
1113:Federal financial institutions
1:
1575:Insurance companies of Canada
223:Consumer banking (since 2020)
1103:Other financial institutions
802:First Nations Bank of Canada
625:President's Choice Financial
244:Consumer banking (1996–2017)
116:President's Choice Financial
20:President's Choice Financial
59:; 28 years ago
1621:
290:
202:President's Choice offers
1546:
1108:
1097:
903:UNI Financial Cooperation
881:
868:
852:Wealth One Bank of Canada
812:Laurentian Bank of Canada
681:
670:
268:J.D. Power and Associates
126:), commonly shortened to
24:
1398:Real Canadian Superstore
1393:Real Atlantic Superstore
912:Provincial credit unions
418:Ng, Gary (31 May 2017).
1507:Weston Centre (Toronto)
1435:Your Independent Grocer
837:President's Choice Bank
827:National Bank of Canada
817:Manulife Bank of Canada
797:Exchange Bank of Canada
311:List of banks in Canada
166:Mastercard credit cards
1312:George Weston Bakeries
832:Peoples Bank of Canada
765:Bank of China (Canada)
123:
1528:National Supermarkets
1420:T & T Supermarket
1217:George Weston Limited
893:Coast Capital Savings
886:Federal credit unions
775:Canadian Western Bank
734:Toronto-Dominion Bank
1287:Food or drink brands
712:Royal Bank of Canada
157:Bank Machines (ATMs)
1225:Corporate directors
926:BlueShore Financial
760:AMEX Bank of Canada
88:Number of employees
21:
1590:President's Choice
1495:Maple Leaf Gardens
1455:President's Choice
1410:Shoppers Drug Mart
1130:Farm Credit Canada
1052:Desjardins Ontario
941:Envision Financial
770:Canadian Tire Bank
316:President's Choice
297:Customers collect
48:Financial services
1580:Supermarket banks
1557:
1556:
1183:
1182:
1179:
1178:
1175:
1174:
1155:Deposit insurance
1093:
1092:
1089:
1088:
1085:
1084:
958:Gulf & Fraser
931:Coastal Community
864:
863:
860:
859:
807:ICICI Bank Canada
705:Simplii Financial
341:"Who We Regulate"
321:Simplii Financial
280:Simplii Financial
113:
112:
1612:
1585:Loblaw Companies
1501:Memorial Stadium
1339:Loblaw Companies
1278:Barbara Stymiest
1233:Galen Weston Jr.
1210:
1203:
1196:
1187:
1110:
1099:
1047:Desjardins Group
919:British Columbia
916:
883:
870:
780:Motive Financial
716:HSBC Bank Canada
695:Bank of Montreal
683:
676:For-profit banks
672:
657:
650:
643:
634:
611:
602:
593:
584:
575:
560:
559:
557:
555:
544:
538:
537:
535:
533:
518:
512:
511:
509:
507:
492:
486:
485:
483:
481:
466:
457:
456:
454:
452:
441:
435:
434:
432:
430:
424:iPhone in Canada
415:
409:
408:
406:
404:
389:
383:
382:
380:
378:
363:
357:
356:
354:
352:
337:
229:PC Money Account
216:travel insurance
139:Loblaw Companies
103:Loblaw Companies
67:
65:
60:
29:
22:
1620:
1619:
1615:
1614:
1613:
1611:
1610:
1609:
1560:
1559:
1558:
1553:
1542:
1511:
1483:
1449:
1333:
1318:Interbake Foods
1304:Country Harvest
1282:
1273:Christi Strauss
1263:Robert Prichard
1253:Sarabjit Marwah
1238:Paviter Binning
1219:
1214:
1184:
1171:
1150:
1134:
1104:
1081:
1035:Alterna Savings
1023:
972:
907:
877:
856:
787:Citibank Canada
743:
738:TD Canada Trust
677:
666:
661:
630:
621:
608:
599:
590:
581:
572:
569:
564:
563:
553:
551:
546:
545:
541:
531:
529:
520:
519:
515:
505:
503:
494:
493:
489:
479:
477:
468:
467:
460:
450:
448:
447:. BNN Bloomberg
443:
442:
438:
428:
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417:
416:
412:
402:
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386:
376:
374:
365:
364:
360:
350:
348:
339:
338:
334:
329:
307:
295:
289:
287:Loyalty Program
246:
241:
239:Former services
225:
200:
184:TD Canada Trust
168:
154:
89:
63:
61:
58:
17:
12:
11:
5:
1618:
1616:
1608:
1607:
1602:
1597:
1592:
1587:
1582:
1577:
1572:
1562:
1561:
1555:
1554:
1552:
1551:
1547:
1544:
1543:
1541:
1540:
1535:
1530:
1525:
1519:
1517:
1513:
1512:
1510:
1509:
1504:
1498:
1491:
1489:
1485:
1484:
1482:
1481:
1476:
1471:
1466:
1460:
1458:
1451:
1450:
1448:
1447:
1442:
1437:
1432:
1430:Wholesale Club
1427:
1422:
1417:
1412:
1407:
1406:
1405:
1395:
1390:
1385:
1380:
1375:
1370:
1365:
1360:
1355:
1350:
1344:
1342:
1335:
1334:
1332:
1331:
1330:(Canada only)*
1325:
1320:
1315:
1309:
1306:
1301:
1296:
1294:Arnie's Bagels
1290:
1288:
1284:
1283:
1281:
1280:
1275:
1270:
1265:
1260:
1255:
1250:
1248:Nancy Lockhart
1245:
1243:Andrew Ferrier
1240:
1235:
1229:
1227:
1221:
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1215:
1213:
1212:
1205:
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1164:
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1116:
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1102:
1095:
1094:
1091:
1090:
1087:
1086:
1083:
1082:
1080:
1079:
1077:Windsor Family
1074:
1069:
1064:
1059:
1054:
1049:
1044:
1043:
1042:
1031:
1029:
1028:Eastern Canada
1025:
1024:
1022:
1021:
1016:
1011:
1006:
1001:
996:
991:
986:
980:
978:
974:
973:
971:
970:
965:
960:
955:
954:
953:
948:
946:Island Savings
943:
933:
928:
922:
920:
913:
909:
908:
906:
905:
900:
895:
889:
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854:
849:
844:
839:
834:
829:
824:
819:
814:
809:
804:
799:
794:
792:Equitable Bank
789:
784:
783:
782:
772:
767:
762:
757:
751:
749:
745:
744:
742:
741:
731:
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719:
709:
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691:
689:
679:
678:
675:
668:
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662:
660:
659:
652:
645:
637:
628:
627:
620:
619:External links
617:
616:
615:
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597:
588:
579:
568:
565:
562:
561:
539:
513:
487:
475:Financial Post
458:
436:
410:
384:
358:
331:
330:
328:
325:
324:
323:
318:
313:
306:
303:
291:Main article:
288:
285:
276:direct banking
245:
242:
240:
237:
224:
221:
208:home insurance
204:auto insurance
199:
196:
167:
164:
153:
150:
111:
110:
100:
94:
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90:
87:
84:
83:
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55:
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15:
13:
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4:
3:
2:
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1591:
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1578:
1576:
1573:
1571:
1568:
1567:
1565:
1549:
1548:
1545:
1539:
1538:Tamblyn Drugs
1536:
1534:
1531:
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1524:
1521:
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1452:
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1441:
1440:Zehrs Markets
1438:
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1426:
1423:
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1418:
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1359:
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1349:
1346:
1345:
1343:
1340:
1336:
1329:
1326:
1324:
1321:
1319:
1316:
1314:(Canada only)
1313:
1310:
1307:
1305:
1302:
1300:
1297:
1295:
1292:
1291:
1289:
1285:
1279:
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1274:
1271:
1269:
1268:Robert Sawyer
1266:
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1218:
1211:
1206:
1204:
1199:
1197:
1192:
1191:
1188:
1168:
1165:
1163:
1160:
1159:
1157:
1153:
1147:
1146:ATB Financial
1144:
1143:
1141:
1137:
1131:
1128:
1126:
1123:
1121:
1118:
1117:
1115:
1111:
1107:
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1096:
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1075:
1073:
1070:
1068:
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1037:
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1007:
1005:
1002:
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985:
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944:
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939:
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934:
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929:
927:
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923:
921:
917:
914:
910:
904:
901:
899:
896:
894:
891:
890:
888:
884:
880:
876:
875:Credit unions
871:
867:
853:
850:
848:
845:
843:
840:
838:
835:
833:
830:
828:
825:
823:
820:
818:
815:
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673:
669:
665:
658:
653:
651:
646:
644:
639:
638:
635:
631:
626:
623:
622:
618:
614:
613:PC MasterCard
610:
607:
605:
601:
598:
596:
592:
589:
587:
583:
580:
578:
574:
571:
570:
566:
549:
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527:
523:
517:
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502:
498:
491:
488:
476:
472:
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459:
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388:
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362:
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346:
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309:
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269:
264:
261:
259:
255:
251:
243:
238:
236:
234:
230:
222:
220:
217:
213:
212:pet insurance
209:
205:
197:
195:
193:
189:
185:
181:
177:
176:mobile wallet
173:
165:
163:
159:
158:
151:
149:
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125:
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85:
81:
77:
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70:
56:
52:
49:
46:
42:
39:
36:
32:
28:
23:
1469:PC Financial
1468:
1328:Wonder Bread
1258:Gordon Nixon
1062:FirstOntario
1009:ConnectFirst
951:Valley First
836:
755:Alterna Bank
629:
609:
600:
591:
582:
573:
552:. Retrieved
542:
530:. Retrieved
525:
516:
504:. Retrieved
500:
490:
478:. Retrieved
474:
451:15 September
449:. Retrieved
439:
427:. Retrieved
423:
413:
401:. Retrieved
397:
387:
375:. Retrieved
371:
361:
349:. Retrieved
344:
335:
296:
272:
265:
262:
247:
228:
226:
201:
169:
160:
156:
155:
143:
128:PC Financial
127:
115:
114:
72:Headquarters
34:Company type
1403:Liquorstore
1353:Extra Foods
994:Assiniboine
748:Other banks
550:. Hardbacon
377:16 December
372:MobileSyrup
351:October 26,
258:Amicus Bank
192:Android Pay
135:supermarket
1564:Categories
1523:Econo-Mart
1488:Properties
1479:PC Optimum
1464:PC Express
1383:Pharmaprix
1299:Brownberry
936:First West
898:Innovation
722:Scotiabank
532:August 16,
506:August 16,
480:August 16,
327:References
299:PC Optimum
293:PC Optimum
233:Mastercard
146:Mastercard
109:1996-2017)
38:Subsidiary
1474:PC Mobile
1445:Joe Fresh
1425:Valu-mart
1415:SuperValu
1378:No Frills
1363:Freshmart
1019:Steinbach
847:VersaBank
822:Motusbank
727:Tangerine
567:Footnotes
398:MacRumors
198:Insurance
188:Apple Pay
1533:SaveEasy
1358:Fortinos
1348:Dominion
1072:Meridian
999:Cambrian
989:Affinity
977:Prairies
963:Prospera
687:Big Five
526:CTV News
501:CBC News
305:See also
178:app for
152:Services
132:Canadian
82:, Canada
44:Industry
1516:Defunct
1388:Provigo
1368:Loblaws
1323:No Name
1004:Conexus
968:Vancity
554:18 July
429:21 July
403:21 July
180:Android
172:PayPass
80:Ontario
76:Toronto
62: (
54:Founded
1457:brands
1341:brands
1014:Servus
984:Access
278:brand
137:chain
120:French
98:Parent
1308:Exact
1067:Libro
92:1,097
1373:Maxi
1057:DUCA
1040:Pace
556:2021
534:2017
508:2017
482:2017
453:2020
431:2017
405:2017
379:2016
353:2017
206:and
190:and
107:CIBC
64:1996
57:1996
141:.
1566::
524:.
499:.
473:.
461:^
422:.
396:.
370:.
343:.
194:.
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78:,
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455:.
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407:.
381:.
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118:(
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