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0%Are you a Costco member looking to maximize your purchases and unlock more savings? The CIBC Costco Mastercard card is designed specifically for Costco members and comes packed with benefits tailored to meet your everyday shopping needs.
This guide will take you through everything you need to know about the card, its advantages, and how you can easily apply for it today. Enjoy!
About the Issuer
The CIBC Costco Mastercard is issued by the Canadian Imperial Bank of Commerce (CIBC), a leading financial institution in Canada known for its reliable credit products and focus on customer service.
Partnering with Costco, CIBC offers a credit card that doubles as your Costco membership card while also providing exclusive rewards on everyday purchases.
Whether you’re refueling your car, shopping for groceries, or making online purchases, the CIBC Costco Mastercard is your trusted companion that merges convenience with significant perks.
Advantages of the CIBC Costco Mastercard card
The CIBC Costco Mastercard is more than just a credit card—it’s a tool to simplify and amplify the value of your spending. Here are some of its standout benefits:
1. Cash Back Rewards
Earn cash back on all your purchases:
- 3% cash back on restaurants and eligible gas purchases.
- 2% cash back on purchases at Costco.ca.
- 1% cash back on all other purchases, including in-store Costco spend.
The cash back amount you earn accumulates throughout the year and is provided as a voucher that you can redeem at Costco warehouses across Canada.
2. No Annual Fee
There’s no additional fee for holding the CIBC Costco Mastercard. To enjoy this benefit, all you need is an active Costco membership.
3. Convenience at Costco
This card doubles as your Costco membership card, making it one less thing to carry when visiting your local warehouse.
4. Enhanced Security
The card comes with built-in chip technology and additional fraud protection to safeguard your purchases and personal information.
5. Flexible Rewards on Everyday Spend
Beyond Costco, the CIBC Costco Mastercard helps you save on a variety of everyday essentials, from filling up at the gas station to indulging in your favorite restaurants.
Added Benefits of Mastercard
Since it’s powered by Mastercard, the card unlocks global acceptance and exclusive perks, such as:
- Purchase Assurance – Protects most new purchases against theft or damage for up to 90 days;
- Extended Warranty – Doubles the manufacturer’s warranty for up to one additional year on most purchases;
- Mastercard Global Services – Offers emergency card replacement, lost and stolen reporting, and cash advances worldwide;
- Priceless Experiences – Gain access to exclusive events, dining experiences, and more through Mastercard’s Priceless Cities program.
REQUEST NOW CIBC COSTCO MASTERCARD
Who Can Apply for the CIBC Costco Mastercard?
To qualify for the card, you need to meet the following criteria:
- Be an active Costco member;
- Be a Canadian resident with a valid Canadian address;
- Be the age of majority in your province or territory of residence;
- Have a good credit score.
Meeting these basic requirements will put you on the path to enjoying this rewarding card.
Documents Needed to Apply
The application process is simple and requires just a few documents. Here’s what you’ll need:
- Government-issued ID (like a driver’s license or passport) to verify your identity;
- Your Costco Membership Number to link the card with your membership;
- Proof of Address (such as a utility bill or bank statement) to confirm your current residence;
- Employment and Income Details, if requested, to ensure creditworthiness.
Have these documents handy when you apply to make the process seamless.
How to Apply for the CIBC Costco Mastercard
The CIBC Costco Mastercard is a must-have for Costco members looking to save money, earn rewards, and enjoy convenience tailored to their everyday needs.
From cash back on purchases to added Mastercard benefits, it’s your ticket to smarter spending and bigger savings.
Don’t miss out on the opportunity to unlock these benefits. Apply for your CIBC Costco Mastercard today and take full advantage of everything it has to offer!