President's Choice Financial
Introduction[edit | edit source]
President's Choice Financial is a banking service offered by Loblaw Companies Limited, a subsidiary of George Weston Limited. It was established in 1996 and provides no-fee banking and low-rate mortgages. The service is provided by the Canadian Imperial Bank of Commerce (CIBC).
History[edit | edit source]
President's Choice Financial was launched in 1996 by Loblaw Companies Limited. The aim was to create a banking service that would offer no-fee daily banking. The service was initially provided by CIBC, but in 2017, CIBC announced that it would be ending its partnership with Loblaw Companies Limited and launching its own digital banking brand, Simplii Financial.
Services[edit | edit source]
President's Choice Financial offers a range of banking services, including no-fee daily banking, low-rate mortgages, and credit cards. The service also offers online banking, mobile banking, and telephone banking. Customers can also access their accounts at CIBC ATMs across Canada.
President's Choice Financial Mastercard[edit | edit source]
The President's Choice Financial Mastercard is a credit card that offers points for purchases made at participating stores. These points can be redeemed for free groceries at Loblaw Companies Limited stores. The card also offers insurance benefits and no annual fee.
President's Choice Financial Pavilion and ATMs[edit | edit source]
President's Choice Financial has pavilions located in select Loblaw Companies Limited stores. These pavilions offer in-person banking services. The service also has ATMs located in Loblaw Companies Limited stores and CIBC branches across Canada.
Online and Mobile Banking[edit | edit source]
President's Choice Financial offers online and mobile banking services. Customers can check their account balance, transfer funds, pay bills, and deposit cheques using these services.
See Also[edit | edit source]
References[edit | edit source]
External Links[edit | edit source]
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Contributors: Prab R. Tumpati, MD
