CIBC Costco Mastercard®

Costco members exclusive

The CIBC Costco Mastercard exclusively for Costco members.^ⓘ

Earn up to 3% cash back on eligible purchases^ⓘ everywhere Mastercard is accepted.

Not a Costco member?^ⓘ Sign up here Opens a new tab

Annual fee

Additional cardholders

up to 3

Purchase interest rate^ⓘ

RDS%rate[2].MPCOS.Published(null,null,6,null)(#O2#)%

(effective the first day of your 2025 August statement period: 21.75%)

Cash interest rate^ⓘ^, ^ⓘ

RDS%rate[2].MPCOS.Published(null,null,3,null)(#O2#)%

(RDS%rate[2].MPCOS.Published(null,null,90,null)(#O2#)% for Quebec residents)

Apply now

Minimum annual income of $15,000 is required to qualify for the CIBC Costco Mastercard. Minimum $50,000 individual annual income or $80,000 household annual income is required to qualify for the CIBC Costco World Mastercard^®.

Earn cash back everywhere you shop^ⓘ

There's no limit to the total cash back you can earn, plus have access to valuable insurances^ⓘ, flexible installment payment options^ⓘ and more.

cash back at restaurants and at Costco gas.^ⓘ

Restaurants

Costco Gas

cash back at other gas stations, electric vehicle charging stations and at Costco.ca Opens a new window..^ⓘ

Other gas and electric vehicle charging stations

Costco.ca

cash back on all other purchases including at Costco.

Purchases

Costco

Award-winning cash back

Winner of the Top Retail Loyalty Rewards Credit Card for 2024 by Rewards Canada^ⓘ.

Get special rates with CIBC Pace It™^,ⓘInstallment Plans on Costco purchases

Pay for those larger purchases with CIBC Pace It low-rate Installment Plans, spreading payments over a fixed term.

With your new CIBC Costco Mastercard you can take advantage of special Installment Plan interest rates with no installment fees on eligible Costco purchases in Canada and at Costco.ca Opens in a new window.:

5.99%

for 6 months

6.99%

for 12 months

7.99%

for 24 months

Learn more about CIBC Pace It and installment plan interest rates for all other eligible purchases.

Apply now

Get more Costco savings with your cash back gift certificate

Easily redeem your annual Costco cash back gift certificate digitally in Canadian Costco warehouses using the CIBC Mobile Banking® App or print your gift certificate through CIBC Online Banking®.^ⓘ You'll also receive your gift certificate in your January statement. Track your cash back total earned from January to December each year through your statement, CIBC Mobile Banking App or CIBC Online Banking.^ⓘ

Learn more about CIBC Costco Mastercard Gift Certificates.

More to love about this card

Carry fewer cards

Your credit card is also your Costco membership card with all membership details on the back.^ⓘ

Even more offers

You may qualify for the CIBC Costco World Mastercard, which has the same fees and rates, but also includes experiences available only to World Mastercard cardholders Opens in a new window..

Send money abroad

Send money abroad to over 120 countries with a $0 transfer fee. Cash advance fees don’t apply and there’s no interest if you pay your balance by the payment due date.^ⓘ ^,^ⓘ ^,^ⓘ

Link your CIBC Costco Mastercard® with your Skip account to get a Skip+ 12-month free trial^ⓘ

Plus, earn 3% cash back on all dining and food delivery,^ⓘ on top of your Skip+ savings and rewards.^ⓘ

Learn more about our partnership with Skip.

Access helpful digital tools with CIBC Digital Banking

Go paperless by registering for eStatements

Easily view your credit card statements on your mobile device or anywhere online.

Learn how to sign up for eStatements

Pay anywhere, anytime with your phone

Make quick and secure purchases using Apple Pay^®, Google Pay^™ and Samsung Pay^® when you add your new card to your mobile wallet.

Find a way to pay that suits you

Calculate your cash back potential^ⓘ

Use the sliders to estimate your monthly credit card spending.^ⓘ

This tool is currently unavailable. Please see Overview and Advice.

Protecting your card

Mastercard’s Zero Liability Protection Policy

If your card, card number or other card details are stolen, you will not be held responsible for fraudulent purchases processed through the Mastercard network as long as you meet your obligations and use reasonable care to safeguard your card and PIN.

CIBC is committed to upholding the Mastercard Zero Liability Protection policy, which sets the standard for what you can expect when you do business with us. To learn more, visit Mastercard: Zero Liability Protection Opens in a new window..

Fraud alerts

We monitor fraud trends and debit and credit card activity. When we detect various factors that indicate a transaction may be fraudulent, we’ll notify you by text, email or phone to authenticate the transaction. To learn more, visit Fraud alerts.

Digital Disputes Platform

Have a transaction you don’t recognize? Contact us about it immediately by submitting a digital dispute. Simply sign on to your online or mobile banking, select the transaction you don’t recognize, select “Report an issue” and follow the instructions to submit your dispute.

Get more with your card

Valuable insurance included with your card

Mobile Device Insurance^ⓘ

Get up to $1,000 of repair or replacement coverage when you fully charge or finance the purchase price of an eligible mobile device to your card.

Purchase Security & Extended Warranty Insurance^ⓘ

When you charge eligible purchases to your card, you can enjoy Purchase Security Insurance. Plus, with Extended Warranty Insurance, extend the period of the original manufacturer’s warranty up to one additional year on most purchases charged to your card.

Insurance certificates for the Costco Mastercard and Costco World Mastercard (PDF, 670 KB) Opens in a new window.

For Quebec residents: Product Summary and Fact Sheet (PDF, 970 KB). Opens in a new window.

Optional insurance for your card

CIBC Payment Protector™ Insurance for Credit Cards

Help keep your finances on track by reducing the burden of your credit card payments if you’re unable to work due to disability, job loss, critical illness or in the event you pass away.^ⓘ

Learn more about CIBC Payment Protector Insurance for Credit Cards.

Manage your card online

Easily activate a new or replacement card, lock a missing card, or report a lost or stolen card with just one click through the CIBC Mobile BankingApp and CIBC Online Banking.

Spend alerts

Set up alerts through the CIBC Mobile Banking App and CIBC Online Banking. Choose to be notified by phone, email or online message when you've exceeded your customized budget or are nearing your credit limit.^ⓘ

Fraud alerts

Set up alerts and choose to be notified as soon as possible about potential unauthorized use of your credit card through alerts by email or online message.

Insurance benefits

Security features

Manage your card online

Easily activate a new or replacement card, lock a missing card, or report a lost or stolen card with just one click through the CIBC Mobile BankingApp and CIBC Online Banking.

Spend alerts

Fraud alerts

Set up alerts and choose to be notified as soon as possible about potential unauthorized use of your credit card through alerts by email or online message.

Documents

Benefits Guide (PDF, 1.2 MB) Opens a new window.

World Mastercard Benefits Opens in a new window.

Cardholder Agreement (PDF, 140 KB) Opens in a new window.

CIBC Credit Card Summary of Annual Interest Rates and Fees for CIBC Costco Mastercard and CIBC Costco World Mastercard (PDF, 105 KB) Opens in a new window.

Credit Card Privacy Disclosures, Terms and Conditions for CIBC CostcoMastercard^® and CIBC Costco World Mastercard^® (PDF, 105 KB) Opens in a new window.

Information on upcoming changes to your CIBC Credit Card Account Effective August 2025 (PDF, 55 KB) Opens a new window.

Additional Clauses applicable to CIBC Costco Mastercards (PDF, 45 KB) Opens in a new window.

Insurance provider notice (PDF, 40 KB) Opens a new window.

CIBC Costco Mastercard

Ready to earn cash back on your purchases?

Applying takes about 5 minutes, and you'll get a response in as little as 60 seconds.^ⓘ

Apply now

Get rewarded as a Costco member when you open and use your first chequing account with CIBC

Enjoy a special offer on everyday banking and make the most of your Costco membership. Conditions apply.

Learn more about Costco member offers.

Get started

Apply online

CIBC Costco Mastercard®

Earn cash back everywhere you shopⓘ

Award-winning cash back

Get more Costco savings with your cash back gift certificate

More to love about this card

Carry fewer cards

Even more offers

Send money abroad

Link your CIBC Costco Mastercard® with your Skip account to get a Skip+ 12-month free trialⓘ

Access helpful digital tools with CIBC Digital Banking

Go paperless by registering for eStatements

Pay anywhere, anytime with your phone

Calculate your cash back potentialⓘ

Protecting your card

Mastercard’s Zero Liability Protection Policy

Fraud alerts

Digital Disputes Platform

Get more with your card

Valuable insurance included with your card

Optional insurance for your card

Valuable insurance included with your card

Optional insurance for your card

Documents

Ready to earn cash back on your purchases?

Get rewarded as a Costco member when you open and use your first chequing account with CIBC

Get started

Earn cash back everywhere you shop^ⓘ

Link your CIBC Costco Mastercard® with your Skip account to get a Skip+ 12-month free trial^ⓘ

Calculate your cash back potential^ⓘ