MastercardFX: 2.5%Cash BackNo Annual Fee
CIBC
CIBC Costco Mastercard
Cash Back
First Year Bonus
~$100
Welcome Bonus
$100 statement credit
Annual Fee
$0
Spend Required
$3,000 (120 days)
Get notified when this offer goes elevated
We'll email you if CIBC Costco Mastercard runs a higher-than-normal welcome bonus.
Data verified Apr 1, 2026
Earn rates
3%
Costco gas & restaurants
2%
other gas/EV & Costco.ca
1%
everywhere else
Points value: 1–3% cash back rate
Transfer partners
Cash back — paid as Costco shop card annually
Lounge access
No lounge access
Additional perks
- ✓No annual fee (requires Costco membership)
- ✓Best card to use inside Costco — only Mastercard accepted at Canadian Costco locations
- ✓Cash back paid as annual Costco shop card
Insurance coverage
Travel Medical
Trip Cancellation
Trip Interruption
Baggage Delay
Lost Baggage
Rental Car
Purchase Protection
Extended Warranty
Card details
NetworkMastercard
Annual fee$0
Foreign fee2.5%
Income req.None stated (Costco membership required)
ProgramCash Back
