Special offer

Enjoy exclusive CIBC mortgage offers for Costco members^†

Get rewarded with a $500 Digital Costco Shop Card and up to $5,500 cash back.

Talk to us today to get started.

Request a call

What rewards can you get?

A $500 Digital Costco Shop Card

Select the mortgage option that applies to you.

Switch to a CIBC mortgage Up to $5,500 cash back

Buy your first home or purchase a new home Up to $4,500 cash back

Depending on how much you borrow, you could get up to $5,500 cash back by switching to a select CIBC mortgage.

Depending on how much you borrow, you could get up to $4,500 cash back on a select CIBC mortgage.

Amount you borrow

Minimum amount: $100,000. Maximum amount: $1,250,000. Amount will round to the nearest $50,000.

Your cash back

Cash back slider. Minimum amount: $100,000. Maximum amount: $1,250,000. Amount will round to the nearest $50,000. Enter or move the slider to the value. Use left and right or down and up arrow keys to decrease or increase the value by $50,000; Page Up and Page down to decrease or increase the value by $50,000. Use home and end keys to reach the minimum and maximum values.

Your cash back

How to qualify for the rewards

Have an active Costco membership during the offer period of May 6, 2026 and July 30, 2026.

Apply for your mortgage by July 30, 2026.

Your mortgage loan must be funded within 120 days of your application.

Set up and make payments from a new or existing personal CIBC chequing account.

How to qualify for the rewards

Talk to a mortgage advisor

Answer a few questions and we’ll be in touch within one business day.

Tell us a bit about yourself

All fields should be completed unless noted as optional.

Full name

Enter your name using alphanumeric characters.

Postal code

Enter your postal code in the format Z1Z 1Z1.

10-digit phone number

Enter your 10-digit phone number.

Best time to call

Email address Optional

Enter your email address in the format email@example.com.

Help us understand your goals

These questions will help our mortgage advisors prepare for your call.

What would you like to do?

Our featured rates

For more competitive rates, get your personalized mortgage estimate Opens a new window. now.

5-year variable flex Opens in a dialog.

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APR RDS%rate[5].5YRVARCLO.Published(5_null_null_Years_T,null,2,null)(#R#)%^††

5-year fixed Opens in a dialog.

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APR RDS%rate[5].FRCM.Published(5_null_null_Years_T,null,2,null)(#R#)%^††

Explore all mortgage rates

Our featured rates

Available for new mortgages only

3-year fixed

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APR RDS%rate[5].FRCM.Published(3_null_null_Years_T,null,2,null)(#O2#)%^††

5-year variable

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APR RDS%rate[5].5YRVARCLO.Published(5_null_null_Years_T,null,2,null)(#O2#)%^††

5-year fixed high ratio

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APR RDS%rate[5].MICRO.Published(5_null_null_Years_T,null,2,null)(#O2#)%^††

Explore all mortgage rates

Explore our resources

Protect your mortgage with Creditor Insurance¹

Learn about the different coverages available to you that can help safeguard your home and financial well-being.

Mortgage Life Insurance for CIBC Mortgages

This Insurance can help pay off or pay down your mortgage balance if you were to pass away. It can help ensure that your family continues to stay in the home.

Mortgage Critical Illness Insurance for CIBC Mortgages

This insurance can help pay off or pay down your Mortgage balance in the event of a covered cancer, heart attack, stroke, or if you undergo coronary artery bypass surgery, so that you can concentrate on your recovery.

Mortgage Disability Insurance Plus — Disability and Job Loss

This Insurance helps with your Mortgage payments if a disability prevents you from working or when you lose a job through no fault of your own. It helps you manage your financial responsibilities so you can concentrate on your recovery or while you are looking for your next job.

Mortgage Disability Insurance

This Insurance can help you with your mortgage payments if a disability prevents you from working. It can help you manage one of your biggest financial responsibilities so you can focus on your recovery.

Life Insurance

Critical Illness Insurance

Disability Insurance Plus

Disability Insurance

Ask us how to protect your mortgage.

Talk to us today to get started

Request a call

^†The CIBC Costco Mortgage offer is available for first-time home buyers, mortgage loans for new purchase, and mortgage loans that are transferred to CIBC from another financial institution, except where referred by a mortgage broker. To qualify for this offer, you must be an active Costco Membership holder, apply for a CIBC mortgage loan between May 6, 2026 and July 30, 2026 and the mortgage loan must be funded within 120 days of the application date.

Mortgage loan must have a principal amount of $100,000 or more, and be either a CIBC Fixed-Rate Closed Mortgage loan with a term of 3 years or more, or a 5-year CIBC Variable Flex Mortgage loan. This offer is limited to owner-occupied residential properties only. Commercial/investment properties, and properties not owner-occupied are excluded. A personal CIBC chequing account is required to make pre-authorized mortgage payments.

For mortgage loans for first-time home buyers or mortgage loans for new purchase, qualifying clients will receive:

$4,500 on a mortgage loan amount of $1,250,000 or more;
$3,500 on a mortgage loan amount of $1,000,000 to $1,249,999;
$2,500 on a mortgage loan of $750,000 to $999,999;
$2,000 on a mortgage loan of $500,000 to $749,999;
$1,000 on a mortgage loan of $300,000 to $499,999;
$500 on a mortgage loan of $100,000 to $299,999.

For mortgage loans that are transferred to CIBC from another financial institution, qualifying clients will receive:

$5,500 on a mortgage loan amount of $1,250,000 or more;
$4,500 on a mortgage loan amount of $1,000,000 to $1,249,999;
$3,500 on a mortgage loan of $750,000 to $999,999;
$2,000 on a mortgage loan of $500,000 to $749,999;
$1,500 on a mortgage loan of $300,000 to $499,999;
$1,000 on a mortgage loan of $100,000 to $299,999.

Cash back will be deposited in the personal CIBC chequing account 6 to 8 weeks after funding.

Other conditions and restrictions apply. Ask us for details. Offer ends July 30, 2026. Offer subject to credit approval and may be changed or withdrawn at any time, without notice.

The Digital Costco Shop Card Reward (“Reward”) is a prepaid digital shop card issued by Costco Wholesale Canada Ltd. (“Costco Canada”), and is subject to certain terms and restrictions (available at costco.ca). Costco Canada will send the Reward via email to the qualifying client 6 to 9 weeks after mortgage funding. CIBC will share your name and the email address we have on file with Costco Canada for this purpose.

Limit of one (1) Reward is available per eligible funded mortgage loan. For mortgage loans with multiple borrowers, only one (1) Reward is available per mortgage loan and will be issued to the Costco Membership holder. If multiple borrowers are Costco Membership holders, including the primary borrower, the Reward will be issued to the primary borrower. The Reward must be accepted as awarded.

Other conditions and restrictions apply. Ask us for details. Offer begins on May 6, 2026, to July 30, 2026. Offer subject to credit approval and may be changed or withdrawn at any time, without notice.

COSTCO and COSTCO WHOLESALE are trademarks owned by Price Costco International Inc. and are used under licence.

® The CIBC logo is a registered trademark of CIBC.

^†† Special offers apply only to new mortgages of owner-occupied properties with an amortization of 25 years or less. Annual Percentage Rate (APR) is based on a new $275,000 mortgage for the applicable term and a 25-year amortization assuming a Property Valuation Fee of $300. Rates shown for the applicable term are CIBC’s special discounted rates and are not posted rates of CIBC. Offer may be changed, withdrawn or extended at any time, without notice.

APR means the cost of borrowing for a loan expressed as an interest rate. It includes all interest and non-interest charges associated with the mortgage. If there are no non-interest charges, the annual interest rate and APR will be the same.

¹ Creditor Insurance for CIBC Mortgages is optional creditor’s group insurance underwritten by The Canada Life Assurance Company and administered by Canada Life and CIBC. For more information on Creditor Insurance on CIBC Mortgages, you may contact the The Canada Life Assurance Company at 1-800-387-4495 Opens your phone app. or by visiting Canada Life Opens a new window.. This insurance is subject to eligibility conditions, limitations and exclusions (which are circumstances when benefits are limited or not paid) which may be viewed at cibc.com Opens a new window. and are described in the Certificate(s) of Insurance you receive upon enrolment. This is a general description only. Products and their features may change at any time.

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Enjoy exclusive CIBC mortgage offers for Costco members^†

What rewards can you get?

How to qualify for the rewards