CIBC Costco Mastercard: The Best Costco Card for 2025

Earn up to 3% cash back with the CIBC Costco Mastercard and save on everyday purchases.

Apply today and follow our simple step-by-step guide to get your card today.

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No Annual Fee, Big Savings

Enjoy exclusive benefits, including no annual fee, special installment payment options, and valuable insurance coverage for added security.

One card, multiple advantages! Your CIBC Costco Mastercard also works as your Costco membership card, offering convenience and more savings every time you shop.

No Annual Fee, Big Savings

Enjoy exclusive benefits, including no annual fee, special installment payment options, and valuable insurance coverage for added security.

One card, multiple advantages! Your CIBC Costco Mastercard also works as your Costco membership card, offering convenience and more savings every time you shop.


Now, let’s explore the main advantages of the CIBC Costco Mastercard. These benefits can help you decide if this card is right for you.​

3% cash back at restaurants and Costco gas stations
2% cash back at other gas stations, electric vehicle charging stations, and Costco.ca
1% cash back on all other purchases, including in-warehouse Costco purchases
No annual fee for the card
LEARN HOW TO APPLY FOR THIS CARD
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Learn More About the CIBC Costco Mastercard

The CIBC Costco Mastercard is an exclusive credit card for Costco members, offering cashback rewards on everyday purchases. Whether you’re shopping at Costco or dining out, this card helps you save more.

Issued by the Canadian Imperial Bank of Commerce (CIBC), this Mastercard has no annual fee and serves as both your Costco membership card and credit card. That means fewer cards in your wallet!

With competitive cashback rates, installment payment plans, and security features, it’s an attractive option for Costco shoppers. But is it right for you? Let’s dive into the details.

How Does the CIBC Costco Mastercard Work?

The CIBC Costco Mastercard allows you to earn up to 3% cashback on specific purchases, making it an excellent option for frequent shoppers.

Unlike regular credit cards, this one is exclusive to Costco members, meaning you must be a Costco member to apply. Your membership details are printed on the card itself.

The card also offers low-interest installment plans for larger purchases at Costco, making it easier to manage your budget.

4 Reasons You Should Apply for the CIBC Costco Mastercard

1. Maximize Your Savings at Costco

Earn cashback on all Costco purchases, including groceries, electronics, and household essentials, helping you save money on everyday expenses.

2. No Annual Fee for Cardholders

Unlike many rewards credit cards, the CIBC Costco Mastercard comes with zero annual fees, allowing you to enjoy cashback benefits without additional costs.

3. Exclusive Installment Plans for Costco Purchases

Take advantage of low-interest installment options to spread out payments for big-ticket items at Costco, making budgeting easier and more manageable.

4. Built-in Costco Membership for Convenience

Your CIBC Costco Mastercard also functions as your Costco membership card, eliminating the need to carry multiple cards and making checkout faster.

How to Apply for the CIBC Costco Mastercard?

Want to get all these benefits? On the next page, we’ll walk you through the application process step by step.

Find out exactly how to apply, what you need, and how to get approved quickly. Plus, we’ll cover tips to maximize your cashback rewards!

📌 Access the buuton below to go to the next page and learn how to apply!

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Frequently Asked Questions

The CIBC Costco Mastercard offers 3% cash back at restaurants and Costco gas stations, 2% at other gas stations, electric vehicle charging stations, and Costco.ca, and 1% on all other purchases, including in-warehouse Costco purchases.

Yes, the card includes Purchase Security and Extended Warranty Insurance, providing coverage for eligible purchases against loss, theft, or damage, and extending the manufacturer’s warranty by up to one additional year.

Yes, the card offers CIBC Pace It™ Installment Plans, allowing you to convert eligible purchases into installment payments at special interest rates, with terms of 6, 12, or 24 months.

You can manage your account through CIBC Online Banking or the CIBC Mobile Banking App, where you can view statements, track cash back earnings, and set up alerts.

Yes, the card provides coverage for mobile devices that are lost, stolen, or accidentally damaged when the full purchase price is charged to your card, or when financed through a Canadian wireless service provider’s installment plan.