How you earn
- 3% cash back at restaurants and Costco gas
- 2% cash back at other gas stations, EV charging stations, and Costco.ca
- 1% cash back on all other purchases including Costco warehouse purchases
CIBC
Full earn rates, fees and benefits for the CIBC Costco Mastercard.
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🏪 Costco CardMobile Device Insurance
Provides up to $1,000 in repair or replacement coverage when the full purchase price of an eligible mobile device is charged to the card or financed with the card.
Purchase Security Insurance
Covers eligible purchases charged to the card if they are damaged, lost, or stolen within the coverage period.
Extended Warranty Insurance
Extends the original manufacturer’s warranty by up to one additional year on most eligible purchases charged to the card.
CIBC Pace It Installment Plans
Allows eligible Costco purchases to be converted into fixed monthly installment payments, with special Costco purchase rates advertised at 5.99% for 6 months, 6.99% for 12 months, and 7.99% for 24 months.
Costco Membership Card Integration
The credit card also functions as the cardholder’s Costco membership card, with membership details shown on the back.
Global Money Transfer Fee Waiver
Send money abroad to over 120 countries with a $0 transfer fee, no cash advance fee, and no interest if the balance is paid by the payment due date.
Skip+ Membership Offer
Eligible cardholders can link the card with Skip to receive a complimentary Skip+ membership and access delivery fee savings and voucher offers.
Disney+ Statement Credit Offer
Eligible cardholders can receive 50% back as statement credits for up to 6 months on a qualifying Disney+ Standard with Ads subscription.
Mastercard Zero Liability Protection
Protects cardholders from responsibility for unauthorized purchases processed through the Mastercard network, provided cardholder obligations are met.
Card Management and Alerts
Includes online card management, spend alerts, fraud alerts, card lock, activation, and lost or stolen card reporting through CIBC Online and Mobile Banking.
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