Rewards

CIBC Costco® World Mastercard® Card

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Minimum Annual Income $50,000 ( or $80,000 household)
Required Credit Score No
Canadian Residency No

CIBC Costco® World Mastercard® Card

Receive a $30 cash back welcome bonus

Get a $30 statement credit. Once your application is approved, make your first purchase and enroll in e-statements within 90 days of account opening.

$450 First Year Value
$450 Consecutive Years Value
Annual Fees $0
Interest Rates
21.75% on purchase 22.49% on cash advance
QC: 21.99%
22.49% on balance transfer
QC: 21.99%
CIBC Costco® World Mastercard® Card - CIBC

Estimated rewards for the first year*

Total Reward: $450
Entertainment: $12
Gas: $120
Groceries: $72
Restaurants: $180
Other: $66
Annual Fee: $0
Total: $450
* The calculated estimated expenses are based on typical monthly spending, including approximately $100 for entertainment, $500 for gas, $600 for groceries, $550 for other miscellaneous costs, and $500 for restaurants, or on the amounts entered by the user in the expense calculator on this page, if provided.
CIBC Costco® World Mastercard® Card - CIBC

Estimated rewards for subsequent years*

Total Reward: $450
Entertainment: $12
Gas: $120
Groceries: $72
Restaurants: $180
Other: $66
Annual Fee: $0
Total: $450
* The calculated estimated expenses are based on typical monthly spending, including approximately $100 for entertainment, $500 for gas, $600 for groceries, $550 for other miscellaneous costs, and $500 for restaurants, or on the amounts entered by the user in the expense calculator on this page, if provided.

Reward Calculator

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Net Annual rewards the fisrt year

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Net Annual rewards the subsequent years

Special Features

01

Personal no-fee reward credit card

The card offers low-income requirements and low-interest rates, making it ideal for Costco members on a budget. Cash back rewards can be redeemed yearly for gift cards usable at any Costco warehouse.

02

No annual fee

The CIBC Costco® World Mastercard® comes with no annual fee, so it's a great option if you're looking for a card with no added costs. Plus, you'll earn cash back on all your purchases. CIBC Costco® World Mastercard® supplementary cards are free for additional cardholders.

Card Benefits

Exclusive discounts with my favourite brands

The Costco World Mastercard has the same rates and fees as the Costco Mastercard but includes exclusive World Mastercard experiences like Mastercard Travel Pass, 4 months of ad-free Apple Music, and access to wi-fi at over 1 million hotspots around the world.

Card Insurance

Extended warranty

Extended warranty is available for up to 1 year.

Purchase protection

Purchase protection extends for 90 days from date of purchase.

Mobile device insurance

Mobile devices purchased with the card are insured for up to $1000.

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