CIBC Costco Mastercard Review

Discover a new level of savings and rewards with the CIBC Costco Mastercard, your gateway to exceptional value and exclusive benefits.

This card is designed to maximize your purchasing power at Costco and beyond, combining unparalleled convenience with generous rewards. Whether you’re stocking up on everyday essentials or treating yourself to something special, the CIBC Costco Mastercard transforms every purchase into an opportunity to save more and earn more.

With the CIBC Costco Mastercard, every swipe brings you closer to remarkable rewards and significant savings. Enjoy the benefits of enhanced earning potential, access to exclusive Costco perks, and a host of financial advantages that make your shopping experience more rewarding. Embrace a smarter way to shop and experience the ultimate value with the CIBC Costco Mastercard!

CREDIT CARD

CIBC Costco Mastercard

High rewards rate Annual fee $0

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CIBC Costco Mastercard Benefits

• Cash Back on Purchases: Revel in the joy of earning cash back on every purchase with your CIBC Costco Mastercard. Enjoy 3% cash back on purchases at restaurants and Costco gas stations, 2% cash back at other gas stations and Costco.ca, and 1% cash back on all other purchases, including those made at Costco. With these generous rates, your everyday spending turns into valuable rewards!
• Exclusive Costco Discounts: As a CIBC Costco Mastercard holder, you’ll enjoy special discounts and exclusive offers at Costco, making your shopping trips even more satisfying. Maximize your savings on a wide range of products, from groceries to electronics, with the added perks of this card.
• No Annual Fee: Benefit from the CIBC Costco Mastercard without the burden of an annual fee. This makes it a cost-effective choice for maximizing your rewards and savings without any extra financial commitment.
• Extended Warranty Protection: Enhance your purchases with extended warranty protection, giving you peace of mind and added coverage on eligible items bought with your card. This benefit ensures your purchases are protected for longer.
• Purchase Protection: Enjoy purchase protection that covers damage or theft of eligible items bought with your CIBC Costco Mastercard. This added layer of security ensures your investments are safeguarded.
• Exclusive Costco Member Benefits: As a CIBC Costco Mastercard holder, you gain access to special offers and discounts at Costco, enhancing your membership experience and providing additional value on your purchases.
• Travel and Emergency Assistance: Access travel and emergency assistance services when using your card, providing you with support and peace of mind during your trips.
• Comprehensive Fraud Protection: Benefit from advanced fraud protection features that keep your account secure and provide peace of mind against unauthorized transactions.
• Redeeming Rewards: Redeeming rewards with the CIBC Costco Mastercard is simple and flexible. Your earned cash back can be used as a statement credit to offset your purchases, making it easy to apply your rewards towards your card balance. Enjoy the freedom of using your rewards in a way that best suits your financial needs and preferences.
• Additional Cardholders: Add up to 3 additional cardholders at no extra cost. Share the benefits of the CIBC Costco Mastercard with family members and enjoy collective rewards on your purchases.
• Mobile Device Insurance: Protect your mobile devices with up to $1,000 in repair or replacement coverage. Simply charge or finance the purchase price of an eligible mobile device to your card and enjoy peace of mind knowing your device is covered.
• Purchase Security & Extended Warranty Insurance: When you charge eligible purchases to your card, enjoy Purchase Security Insurance to safeguard against loss or damage. Plus, extend the manufacturer’s warranty up to one additional year on most purchases charged to your card, ensuring extra protection for your valuable items.
• CIBC Payment Protector™ Insurance for Credit Cards: Keep your finances secure with CIBC Payment Protector™ Insurance. This benefit helps reduce the burden of credit card payments if you’re unable to work due to disability, job loss, critical illness, or in the event of your passing.

Who Can Apply

The CIBC Costco Mastercard is available to individuals who meet certain criteria. Applicants should be at least 18 years old, have a good credit history, and be a Costco member. Additionally, you must be a resident of Canada to qualify for this card.

How to Apply

1. Visit the CIBC website: Go to the CIBC website and navigate to the Costco Mastercard application page.
2. Complete the online application: Fill out the application form with your personal and financial information.
3. Submit your application: Review your details and submit the application for processing.
4. Wait for approval: CIBC will review your application and notify you of the approval status.

Frequently Asked Questions

1. What is extended warranty protection?
   • Extended warranty protection extends the manufacturer’s warranty on eligible purchases made with your card, offering additional coverage.
2. How does purchase protection work?
   • Purchase protection covers damage or theft of eligible items bought with your card, ensuring your purchases are protected.
3. What is travel and emergency assistance?
   • This service provides support and assistance during your travels, offering peace of mind when using your card.
4. How do I check my rewards balance?
   • You can check your rewards balance by logging into your CIBC online account or mobile app.

CREDIT CARD

CIBC Costco Mastercard

High rewards rate Annual fee $0

APPLY NOW You will be redirected