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CIBC Costco Mastercard

CIBC · Cash Back

Annual Fee
Free
Best Rate
3x
Dining
FX Fee
2.5%

Earning Rates

CategoryRateNotes
Dining3x3% at restaurants
Gas2x3% at Costco gas stations; 2% at other gas + EV charging
Everything Else1x1% on all purchases incl. in-store Costco; 2% at Costco.ca

Perks & Benefits

  • No annual fee (Costco membership required)
  • Annual cash back certificate redeemable at Costco
  • No cap on total cash back earned

Insurance Coverage

  • Purchase protection
  • Extended warranty

Best For

Costco shoppersdininggascash back

Frequently Asked Questions

What is the annual fee for the CIBC Costco Mastercard?

The CIBC Costco Mastercard has no annual fee.

What are the earning rates for the CIBC Costco Mastercard?

The CIBC Costco Mastercard earns 3x on dining, 2x on gas, and 1x on everything else. It is part of the Cash Back program.

Is the CIBC Costco Mastercard worth it?

The CIBC Costco Mastercard is best for Costco shoppers, dining, gas, cash back. It is a entry tier card on the Mastercard network. With no annual fee, it's a low-risk entry point.

Does the CIBC Costco Mastercard transfer to Aeroplan?

No, the CIBC Costco Mastercard earns Cash Back which does not transfer to Aeroplan.

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