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Rewarding No-Fee Finance Accounts

PC Financial is Introducing the New PC Money Account

— September 17, 2020 — Business
The PC Money Account has been unveiled by PC Financial as a new financial product for consumers in the Canadian market that will enable them to enjoy a no-hassle experience and rewards to boot.

The account combines the features of a digital-first bank along with the PC Optimum rewards program to help consumers quickly earn points for every dollar they spend. Consumers can enjoy no monthly fees, unlimited transactions, free cash withdrawals at PC Financial ATMs across the country and much more.

The PC Money Account was explained by PC Financial President Barry Columb who said, "We're hearing from Canadians that now, more than ever, they want their money to work harder for them and the PC Money Account does just that. The PC Money Account fills a gap in the everyday banking landscape, giving Canadians a no-fee account to spend, send and save, all while being rewarded with loyalty points they can actually use on the essentials they need."

Image Credit: CNW Group/President's Choice Financial
Trend Themes
1. No-fee Finance Accounts - Disruptive innovation opportunity: Create no-fee finance accounts that offer rewards to attract and retain customers.
2. Digital-first Banks - Disruptive innovation opportunity: Develop digital-first banks that provide seamless, hassle-free banking experiences for customers.
3. Loyalty Points Programs - Disruptive innovation opportunity: Create loyalty points programs that allow consumers to earn rewards for everyday banking activities.
Industry Implications
1. Banking - Disruptive innovation opportunity: Introduce innovative banking solutions that cater to the changing needs and preferences of consumers.
2. Financial Technology (fintech) - Disruptive innovation opportunity: Leverage fintech to revolutionize the way financial services are delivered and make banking more accessible and rewarding.
3. Retail - Disruptive innovation opportunity: Collaborate with retail companies to create financial products that integrate loyalty programs and incentivize customer spending.
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