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All PC Financial mortgages, loans, investments, and bank accounts were transferred to CIBC's new direct banking brand Simplii Financial effective November 1, 2017. [7] PC Financial's credit card and insurance products were unaffected by the decision, and continued to be offered by subsidiaries of Loblaw Companies. [ 8 ]
All PC Financial mortgages, loans, investments, and bank accounts were transferred to CIBC's new direct banking brand Simplii Financial effective 1 November 2017.[7] PC Financial's credit card and insurance products were unaffected by the decision, and continued to be offered by subsidiaries of Loblaw Companies. RFA Bank of Canada 2017 Toronto
Simplii Financial is a Canadian direct bank and the digital banking division of the Canadian Imperial Bank of Commerce (CIBC). It offers no-fee chequing and savings accounts , a VISA credit card , Guaranteed Investment Certificates (GICs), mortgages and mutual funds.
For example, if a purchase was made at a participating Loblaw affiliate, then the stated rate is 10 points for every dollar spent on a PC Mastercard, 20 points per dollar on a PC World Mastercard and 30 points per dollar on a PC World Elite Mastercard. [26] As 1000 PC Points are valued at $1, the minimum rate of return is 1%.
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By 2010, PC Financial had 2.5 million customers and $20 billion in managed funds. PC continued to add new products and lines. In 2001, PC Organics was introduced as a third-party certified line of organic food products, in accordance with the guidelines of the National Standard of Canada on Organic Agriculture.
Card Issuer. IIN. Card Type. American Express. 379741. American Express Credit. Bank of America. 480011. Bank of America Visa Gold. Capital One. 414709. Capital One Signature Visa